ReadSoft signs contract with global Fortune 500 food company worth 500,000 EUR

ReadSoft signs contract with global Fortune 500 food company worth 500,000 EUR

ID: 17420

(Thomson Reuters ONE) -


ReadSoft has signed a deal with a global, leading Fortune 500 food company worth
500,000 EUR. The customer selected ReadSoft's SAP-certified invoice automation
solution to process hundreds of thousands of invoices and other business
documents annually in Europe.

The global food company, which operates in more than 40 countries, selected
ReadSoft because of its proven track-record within the SAP environment for
invoice automation and its ability to handle other business critical documents
across the enterprise. The customer's objective is to automate the handling of
its accounts payable (AP) business documents processing and by doing so
eliminating inefficient and time consuming, manual processes.



After a thorough benchmark, the customer decided to partner with ReadSoft based
on proven deployment experience and geographic coverage. The software's proven
stability with thousands of users all over the world, its effective integration
into SAP and the solution's user friendliness were some of the reasons for
choosing ReadSoft. The solution offers a significant business value, thus
allowing the customer to make better use of its employees, ensure higher
information quality, and improve security.



"The investment that large companies are willing to make in our solutions to
automate the capture and flow of business documents is a clear statement that
our products fit the technology direction of leading companies, " says Jan
Andersson, CEO at ReadSoft. "This agreement also aligns with our strategy of
expanding our position within multinational companies and with our presence
worldwide, we can also offer global solutions with local support









For additional information, please contact



ReadSoft




AB

Jan Andersson, CEO

Phone: +46 708 37 66 00

Johan Holmqvist, Vice President, Corporate Communications

Phone: +46 708 37 66 77

Email: johan.holmqvist(at)readsoft.com






About ReadSoft

ReadSoft is a leading global provider of software solutions for Document
Automation. ReadSoft's software enables companies to automate document processes
such as data entry, classification, ERP matching, workflows, e-invoicing etc.
The results are faster and less expensive document processing, and increased
control. ReadSoft is by far the world's number one choice for invoice automation
solutions. 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 Nordic Exchange Small Cap list. For more
information about ReadSoft, please visit www.readsoft.com
.





[HUG#1393574]





Press Release in PDF: http://hugin.info/130119/R/1393574/350657.pdf




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Bereitgestellt von Benutzer: hugin
Datum: 12.03.2010 - 14:15 Uhr
Sprache: Deutsch
News-ID 17420
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