ReadSoft answers market demand for automated processing of invoices in Asian languages and Hebrew

Companies with operations in multiple countries can now use ReadSoft INVOICES,
the world’s number-one choice for automated invoice data capture, to
automatically extract, validate, and transfer invoice data in languages like
Chinese, Japanese, Korean, Hebrew, and Thai, to name a few.

As more companies expand their reach into emerging markets around the world, the
demand for business process automation, with its ability to unite and streamline
financial processes across an organization, has increased in tandem. With new
language capabilities, the latest release of ReadSoft’s INVOICES enables
businesses to expand their financial operations into emerging markets without
restraint. Enhanced key benefits and capabilities include:

  · Increased control and accuracy of invoices in all languages: Data from all
incoming invoices, including new Asian languages, can be automatically captured,
extracted, and routed to an existing enterprise resource planning (ERP) system
in a single workflow, eliminating the inaccuracy and cost of maintaining
separate workflows.
  · Improved user experience and faster processing times: More intuitive look
and feel enabling operators to get more work done in less time.
  · Enhanced electronic invoicing: Quicker and more reliable onboarding of
suppliers that send invoices in XML, image, and PDF formats.

“As our customers grow and become more globally integrated, we’re seeing
increased demand for automated invoice processing in more languages,” says Per
Åkerberg, President and CEO of ReadSoft. “These companies drive continuous
innovation, even in capture technology that has been around for almost a quarter
of a century. Our latest release meets this need by delivering advanced capture
of invoice data coming from some of the world’s fastest growing economies.”
Cost-conscious, efficiency-seeking enterprises of any size in search of a
proven, user-friendly application for automating invoice processing are
encouraged to contact ReadSoft or one of ReadSoft’s valued partners.
ReadSoft may be required to disclose the information provided herein pursuant to
the Securities Market Act. The information was submitted for publication on
September 16, 2014 at 09:00 CET.

For additional information, please contact
ReadSoft
AB

Johan Holmqvist, Vice President Corporate Communications
Phone: +46 708 37 66 77
Email: johan.holmqvist@readsoft.com

About ReadSoft. ReadSoft simplifies business for organizations of all sizes with
applications for business processes such as accounts payable
automation (http://www.readsoft.com/solutions/by-department/accounts-payable
-automation), accounts receivable (http://www.readsoft.com/solutions/automation
-for-sap/accounts-receivable), sales order
processing (http://www.readsoft.com/solutions/automation-for-sap/sales-order
-processing-sap), and multichannel mailroom
automation. (http://www.readsoft.com/solutions/document-process
-automation/mailroom-automation) Its on-premises and cloud document process
automation solutions (http://www.readsoft.com/solutions/document-process
-automation/mailroom-automation) enable some of the world’s largest corporations
as well as small and medium businesses to compete and thrive in today’s
environment by improving customer and supplier satisfaction, increasing
operating efficiency, and providing greater visibility into business processes.
ReadSoft is the world’s number one choice for invoice processing
automation (http://www.readsoft.com/solutions/document-process
-automation/invoice-processing), and its applications integrate seamlessly with
ERP systems from SAP (http://www.readsoft.com/solutions/automation-for-sap/sales
-order-processing-sap), Oracle (http://www.readsoft.com/solutions/automation-for
-oracle-e-business-suite), Microsoft (http://www.readsoft.com/solutions/document
-process-automation/invoice-processing-for-microsoft-dynamics), as well as with
many other business systems. Since 1991, the company has grown into a worldwide
group, delivering industry expertise and support in 17 countries on six
continents through its local and global partner network. ReadSoft is
headquartered in Helsingborg, Sweden, and its share is traded on the NASDAQ OMX
Stockholm’s Small Cap list. Visit www.readsoft.com.