ReadSoft to release latest version of PROCESS DIRECTOR at SAPPHIRE NOW/ASUG 2013 Conference

ReadSoft, a leading global provider of SAP document process automation
solutions, today announced the release of PROCESS DIRECTOR 7.2 for the SAP
-market, strengthening its leading position in Accounts Payable Automation for
SAP and adding support for several new key business processes. Attendees at the
SAPPHIRE NOW/ASUG Annual Conference have the exclusive opportunity to view the
latest solution release at the Orange County Convention Center in Orlando,
Florida, USA, on May 14-16, 2013.
ReadSoft PROCESS DIRECTOR is the most widely implemented Accounts Payable (AP)
Automation solution for SAP. It works inside SAP and provides a start-to-finish
workflow for automated invoice approval, leveraging our customers’ investment in
SAP while reducing AP costs by up to 80 percent.
With PROCESS DIRECTOR 7.2, the cost savings and error reduction benefits are now
realized in several other common business processes. Routine financial postings
that consume AP departments are automated, including adjustments, accruals and
reversals, and recurring entries. Master data updates to both customer and
vendor data are supported, a key for successful sales order processing. The
customer order process itself is streamlined with improved checks and
determinations, and built-in order processing reports are available for
monitoring important KPI’s. PROCESS DIRECTOR 7.2 keeps a complete audit trail of
the business process, supporting business compliance requirements such as
Sarbanes-Oxley (SOX).
ReadSoft PROCESS DIRECTOR is already the leading solution for SAP invoice
automation, and now this lead has expanded with improvements in the short pay
process, easier invoice cancellation, streamlined vendor communication with easy
handling of multi-document functions, and additional refinements based on our
best-practice experience with 1000 SAP installations. Mobile users will be
pleased with the new support for portable tablet devices.
“PROCESS DIRECTOR 7.2 is a very exciting step forward,” said Rowland Archer,
Senior Vice President of ReadSoft’s ERP Automation Lab. “We have listened to our
customers and added support for the processes they have identified as the next
prime opportunities to reduce costs and improve service to their clients both
inside and outside their companies.”
Per Åkerberg, President and CEO of ReadSoft, said, “We are confident that with
PROCESS DIRECTOR 7.2, we have the best value proposition in our industry for SAP
customers and are eager to share this latest release among the esteemed
SAPPHIRE/ASUG community. More customers use ReadSoft to streamline AP automation
than any other solution, and now they can use the same proven solution to get a
better ROI on their SAP investment in other business-critical processes.”
Attendees at the SAPPHIRE NOW/ASUG Annual Conference interested in improving
essential purchase to pay and order to cash processes inside SAP are encouraged
to attend ReadSoft’s informative sessions and visit the ReadSoft booth (#2109).

  · AP Automation Case Study: Canadian Blood Services Boosts AP Transparency &
Control Inside SAP
Tuesday, May 14, 2013, 11:00 a.m.-12:00 p.m.
Session ID #3701, S310C. S. Concourse, L3
  · Financial Process Automation Projects: Factors that Make or Break Success
(Microforum)
Wednesday, May 15, 2013, 1:00 p.m.-1:45 p.m., Table 1
Session ID #87104, Microforum PC804

Products or service names mentioned herein are the trademarks of their
respective owners.
ReadSoft may be required to disclose the information provided herein pursuant to
the Securities Market Act. The information was submitted for publication on May
10, 2013 at 10:00 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
Michael Henriksson, Vice President, Product and Business Management
Phone: +46 733 37 86 76
Email: michael.henriksson@readsoft.com
Patrik Fältman, Business Line Manager, Purchase to Pay Solutions
Phone: +46 708 37 66 34
Email: patrik.faltman@readsoft.com
Michael Haak, Product Manager, SAP products
Phone: +49 1622 89 59 74
Email: michael.haak@readsoft.com
ReadSoft North America
Emily Toras, Marketing Manager
Phone: +1 504 841 3205
Email: emily.toras@readsoft.com
Robert Fresneda, President
Phone: +1 504 841 0111
Email: bob.fresneda@readsoft.com
About ReadSoft
ReadSoft is a leading global provider of software solutions for document process
automation (http://www.readsoft.com/solutions/document-processing) in the cloud
 (http://www.readsoft.com/solutions/document-processing/capture-in-the-cloud)or
on premise. ReadSoft is by far the world’s number one choice for invoice
processing automation (http://www.readsoft.com/solutions/document
-processing/invoice-processing), especially into business systems from
SAP (http://www.readsoft.com/solutions/automation-for-sap) and
Oracle (http://www.readsoft.com/solutions/automation-for-oracle). ReadSoft’s
software enables companies to automate document processes such as accounts
payable processing (http://www.readsoft.com/solutions/by-department/accounts
-payable), and mailroom automation (http://www.readsoft.com/solutions/document
-processing/mailroom-automation). Since the start in 1991, ReadSoft has grown to
a worldwide group with operations in 17 countries on six continents and a
network of local and global partners. The head office is located in Helsingborg,
Sweden, and the ReadSoft share is traded on the NASDAQ OMX Stockholm's Small Cap
list. For more information about ReadSoft, please visit www.readsoft.com