ReadSoft signs USD 850,000 agreement with agricultural company in
Oceania
(Thomson Reuters ONE) - ReadSoft has received an order worth approximately USD 850,000 fromone of the leading agricultural supplier and service companies inOceania. The ReadSoft solution will automate and optimize processingof in excess of 500,000 supplier invoices per annum and coincideswith an SAP rollout within the organization.This company was looking for an accounts payable solution that couldimprove departmental efficiencies and would accommodate processing anincreased volume of invoices after having made a large acquisitionand the subsequent move to a centralized accounts payable (AP)model. The minimal customization and ease of implementing the SAPintegrated ReadSoft solution in the scope of the SAP rollout to theacquired company was a huge factor in the decision process.Following a thorough investigation into the AP automation solutionson offer in the market they found that the ReadSoft solution met alltheir business requirements and offered substantial cost savingbenefits.After visiting some of ReadSoft's SAP reference sites they concludedthat this was the solution that would maximize their investment inthe SAP business system and at the same time employ processing bestpractices within accounts payable. Apart from the obvious businessvalue in terms of efficiency and cost savings that the softwareprovides, the strong audit and risk governance, the increased workingcapital, and the pathway to improved vendor relationships, to mentionbut a few, are additional benefits of AP automation previously notconsidered by the company."This company required a truly integrated enterprise solutionresiding inside SAP, one that improves all the processes withinaccounts payable," says Jan Andersson, President and CEO of ReadSoft."We are very pleased to have been selected after an exhaustiveevaluation by this customer. The agreement is further endorsement ofboth our strategy and delivering in the Oceania market."For additional information please contact:ReadSoftABJan Andersson, CEO, ReadSoftPhone: +46 708 - 37 6600Jonna Opitz, Vice President CorporateCommunicationsPhone: +46 733 - 37 8668jonna.opitz(at)readsoft.comAbout ReadSoftReadSoft is a leading global provider of software solutions forDocument Automation. ReadSoft's software enables companies toautomate document processes such as data entry, classification, ERPmatching, workflows, e-invoicing etc. The results are faster and lessexpensive document processing, and increased control. ReadSoft is byfar the world's number one choice for invoice automation solutions.Since the start in 1991, ReadSoft has grown to a worldwide group withoperations in 16 countries on five continents and a network of localand global partners. The head office is located in Helsingborg,Sweden and the ReadSoft share is traded on the Nasdaq OMX NordicExchange Small Cap list. For more information about ReadSoft, pleasevisit www.readsoft.com.http://hugin.info/130119/R/1336888/318313.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 25.08.2009 - 09:06 Uhr
Sprache: Deutsch
News-ID 5048
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