Altec Selects ReadSoft as IDR Partner to Enhance its doc-link(TM) IDM
Solution
(Thomson Reuters ONE) - This new partnership brings affordable intelligent documentrecognition (IDR) technology to Altec's SMB marketplace.Altec Products, Inc., a leading provider of integrated documentmanagement (IDM) and workflow solutions to small and medium-sizedbusinesses, announces that it has signed a worldwide distributionagreement with ReadSoft to market, implement and support ReadSoft'saccounts payable automation solutions through its vast network ofresellers.The addition of ReadSoft's intelligent document recognition (IDR)solution to Altec's flagship product, doc-link, allows companies togain approximately a 25% incremental increase in productivity inprocessing accounts payable transactions through intelligent imageand data capture on top of the 25 - 40% increase offered by thedoc-link standalone solution. The IDR component will be available asan option to the various doc-link bundles, giving SMBs access totechnology once only afforded by larger enterprises.The Altec and ReadSoft partnership is truly a win-win situation,giving both companies the ability to expand their businesses throughincreased functionality and greater market reach respectively."As we continue to penetrate the SMB market and receive feedback fromour user community, our product marketing team has identified theneed to expand the benefits of our solution by offering OCR and IDRtechnology," said Mark Tague, Chief Technology Officer of Altec."When selecting an OCR/IDR partner, we wanted to find an organizationthat was a market leader with a global reach to complement our salesand marketing model, and ReadSoft fit that bill for us.""ReadSoft has traditionally operated in the large enterprisemarketplace, and our vision for growth includes expansion into theother markets," said Bob Fresneda, President of ReadSoft NorthAmerica. "Altec is well entrenched in the SMB space; its strategicalliances with Epicor, Sage, Dynamics and SAP make them a strongpartner to help us bring IDR to customers in the SMB marketplace thathave been demanding this type of solution for quite some time."For additional information, please contact:ReadSoft NorthAmericaAlayne Pregeant, Marketing Manager, ReadSoft. 504.841.0119alayne.pregeant(at)readsoft.comBob Fresneda, President, ReadSoft. 504.841.0111bob.fresneda(at)readsoft.comAltec Inc.Pearl Rollinger, Director of Marketing, Altec, Inc. 800.997.9921pearlrollinger(at)altec-inc.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.About AltecBased in Laguna Hills, Calif., and originally formed in 1985, Altecis a leading provider of Integrated Document Management solutions tomid-market companies. The company offers a wide range ofaccounting-centric paper to paperless solutions including itsflagship product, doc-link(TM), which enables companies to capture,archive, workflow and route structured and unstructured documents tocustomers, employees and vendors. Altec's comprehensive solutionsinclude IDM, output management, MICR check disbursement and paperdocuments that serve more than 13,000 customers in North America.Altec works jointly with premier accounting and business managementsolution providers such as Epicor Software, Microsoft Dynamics, SageSoftware and SAP to provide the most comprehensive, integratedenterprise document management solutions to its customers. For moreinformation, visit Altec at www.altec-inc.com, or call1-800-997-9921.http://hugin.info/130119/R/1355525/329064.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 17.11.2009 - 10:26 Uhr
Sprache: Deutsch
News-ID 8490
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