ThomasNet News Logo
Sign Up | Log In | ThomasNet Home | Promote Your Business

Prominent Electronics Manufacturer Signs Deal Worth over 300,000 USD for ReadSoft's Invoice Automation Solution

Print | 
Email |  Comment   Share  

ReadSoft AB
Sodra Kyrkogatan 4
Helsingborg, 252 23
Sweden



Press release date: January 2, 2014

An innovative company in the design and manufacturing of electronic products has signed an agreement with ReadSoft North America to automate its invoice process with ReadSoft’s SAP«-certified invoice automation solution. The deal, valued at over 300,000 USD, was signed in the fourth quarter of 2013.

The company realized its paper intensive process was slow and inefficient. Manual handling of paying invoices across its enterprise was restricting its ability to have control over its account payable operations. Moving to a shared services strategy and streamlining its accounts payable procedures became a priority.

Pursing an automation solution with a smooth integration into its SAP Enterprise Resources Planning System, the organization chose ReadSoft to lead its invoice processing initiative because of ReadSoft’s world-class solution and unmatched history of successful implementations within SAP environments. With the decision to automate its invoice process, the company will be able to reduce invoice processing cycle time while improving visibility and control over its invoices.

“Companies like this that standardize processing with automation enterprise-wide quickly realize faster, leaner and more cost-effective operations,” says Per ┼kerberg, President and CEO of ReadSoft. “We look forward to being a part of this customer’s success in achieving greater efficiency in their accounts payable process.

For additional information, please contact:
ReadSoft AB
Johan Holmqvist
Vice President, Corporate Communications
Phone: +46 708 37 66 77
Email: johan.holmqvist@readsoft.com

About ReadSoft
ReadSoft is a leading global provider of applications for automating business processes in the cloud or on premise. ReadSoft is by far the world’s number one choice for invoice processing automation, especially into business systems from SAP and Oracle. ReadSoft’s software enables companies to automate document processes such as accounts payable processing, and 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
Print | 
Email |  Comment   Share  
Contacts: View detailed contact information.


 

Post a comment about this story

Name:
E-mail:
(your e-mail address will not be posted)
Comment title:
Comment:
To submit comment, enter the security code shown below and press 'Post Comment'.
 



 See related product stories
More .....
 See more product news in:
Software
 More New Product News from this company:
AP Automation Software works with Microsoft Dynamics ERP.
Accounts Payable Software increases efficacy via automation.
Accounts Payable Software automates workflow.
AP Software streamlines invoice processing.
Document Management Software supports mobile devices.
More ....
| Featured Manufacturing Jobs
 Other News from this company:
ReadSoft Signs Invoice Automation Agreement Worth 480,000 USD with North American Oil and Gas Producer
ReadSoft Signs Agreement Worth 660,000 EUR with Major European Bank
ReadSoft Signs Deal Worth 330,000 EUR with Major Global Textile Manufacturer
ReadSoft Signs Agreement Worth 1.1 MEUR with One of Germany's Largest Public Health Insurance Companies
Global Hotel and Leisure Company Signs 1.2 MUSD Multi-year Contract for Cloud-based Invoice Capture with ReadSoft
More ....
 Tools for you
Watch Company 
Company web site
More news from this company
E-mail this story to a friend
Save Story
Search for suppliers of
Invoice Processing Software
Financial Software
Enterprise Resource Planning Software (ERP)
Join the forum discussion at:
Engineers Lounge


Home  |  My ThomasNet News®  |  Industry Market Trends®  |  Submit Release  |  Advertise  |  Contact News  |  About Us
Brought to you by Thomasnet.com        Browse ThomasNet Directory

Copyright © 2014 Thomas Publishing Company. All Rights Reserved.
Terms of Use - Privacy Policy



Error close

Please enter a valid email address