ReadSoft to debut latest release of AP workflow automation at Oracle OpenWorld 2014


ReadSoft, an Oracle Platinum Partner and leading global provider of applications
for automating business processes, will present for the first time publicly the
new release of PROCESSIT, its automated AP workflow application for Oracle E
-Business Suite, at Oracle OpenWorld 2014 in San Francisco, CA, September 28
-October 2.

ReadSoft enhanced the functionality of PROCESSIT to better serve the unique
needs of Oracle E-Business Suite organizations. End-users can expect the same
seamless integration between Oracle E-Business Suite and ReadSoft applications,
through expanded compatibility that now includes Oracle E-Business Suite 12.3
and Oracle Fusion Middleware 11g.
In addition, PROCESSIT provides end-users with greater efficiency, flexibility,
and control through new features, such as:

  · Auto-matching rules for improved straight-through processing
  · Capability to display and update user-defined fields
  · Batch line upload for processing via Microsoft Excel spreadsheet

“We implement our technology at Oracle E-Business Suite organizations all over
the world,” says Per Åkerberg, President and CEO of ReadSoft. “Each time we see
first-hand what works well, and we adapt and refine our offering to align with
our customers’ evolving needs and the continuous evolution of the Oracle
product. In this way, our Oracle customers have a direct line into product
development, and they continue to maximize the value from their existing Oracle
investments. Oracle OpenWorld is the perfect venue for an exchange of this kind
of exciting innovation, and we’re thrilled to be an active participant.”
Oracle OpenWorld 2014 conference attendees from organizations that could benefit
from streamlining invoice processing inside Oracle E-Business Suite can view the
latest functionality of PROCESSIT at the ReadSoft booth (#1031, Moscone South).

All products, company or service names mentioned herein may be trademarks of
their registered owners.
ReadSoft may be required to disclose the information provided herein pursuant to
the Securities Market Act. The information was submitted for publication on
September 25, 2014 at 14:00 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
ReadSoft North America
Emily Toras, Marketing Manager
Phone: +1 504 841 3205
Email: emily.toras@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, 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.

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