By Helsingborg, Sweden, January 10, 2012
North American pharmaceutical company automates invoice processing through agreement with ReadSoft worth 340,000 USD
The North American based organization will streamline its end-to-end accounts payable process with ReadSoft's SAP®- certified invoice automation solution. The agreement is worth 340,000 USD and was signed during the fourth quarter of 2011.
Processing mostly paper invoices, this organization's
accounts payable department routinely faced issues such as
missing invoices and slow
payment cycles. The company researched invoice automation
with the goals of eliminating paper
invoices and increasing efficiency, visibility and control
for its finance department. ReadSoft, with a strong
pharmaceutical reference background of SAP invoice automation
implementations, was deemed the market leader within the SAP
segment by the customer, providing the most complete invoice
automation solution based on best practices.
With ReadSoft's SAP-certified invoice processing solution,
the organization will eliminate lost invoices through
improved visibility and control while accelerating processing
speeds. The solution is also designed to accommodate the
company's requirement for multiple languages. Through this
implementation, the organization made the strategic decision
to leverage its existing investment in SharePoint as its
content repository.
"Improved visibility and control over the invoice process is
critical for both AP and finance to operate
cost-effectively," says Per Åkerberg, President and CEO of
ReadSoft. "This customer will leverage its Microsoft
SharePoint repository with ReadSoft's process automation
solution to transform its invoice process into a
cost-conscious and strategic operation that will help
increase its bottom line," finishes Per Åkerberg.
Within this press release, ReadSoft's customer in the transaction or co-operation is not mentioned by name. This is due to the fact that they have requested to remain anonymous. This information is such that ReadSoft AB (publ) is to publish in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on January 10, 2012 at 14:30 CET.
For additional information, please contact: ReadSoft ABJohan Holmqvist, Vice President, Corporate Communications
Phone: +46 708 37 66 77
Email: johan.holmqvist@readsoft.com
www.readsoft.com
PRESS RELEASE
About ReadSoftReadSoft is a leading global provider of software solutions for Document Process Automation. ReadSoft's software enables
companies to automate document processes such as accounts payable processing , document capture , document sorting, and order to cash. ReadSoft is by far the world's number one choice for automaed invoice processing, especially into business
systems from SAPand Oracle. Since the start in 1991, ReadSoft has grown to a worldwide group with operations in 16 countries on five 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 .
| distribué par | Ce noodl a été diffusé par ReadSoft AB et initialement mise en ligne sur le site http://www.readsoft.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-10 14:42:39 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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