Product News: Software

Accounts Payable Software automates workflow.

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Press Release Summary:

April 9, 2014 - Integrating with Oracle WebCenter ECM solution, PROCESSIT 7.3.1 features optimized performance architecture that enables electronic import of Excel spreadsheets. Worklist preference management lets users save individual interface preferences, while advanced match receipt capabilities increase purchase order match rates. In addition, program offers extended document management capabilities and optimized performance analytics, which extend reporting and provide ability to build custom reports.

ReadSoft AB

Sodra Kyrkogatan 4, Helsingborg, 252 23, Sweden

Original Press Release

ReadSoft Debuts Latest Release of Accounts Payable Workflow Automation at COLLABORATE 14

Press release date: April 1, 2014

ReadSoft, an Oracle Platinum Partner and leading global provider of financial process automation applications, will present for the first time publicly, PROCESSIT 7.3.1 at COLLABORATE 14 in Las Vegas, USA, on April 7-9, 2014.

PROCESSIT 7.3.1 is the latest release of ReadSoft’s Oracle-validated solution. This new release offers increased usability, greater customization potential, and seamless integration with Oracle WebCenter. Conference attendees interested in achieving optimal end-to-end AP processing in Oracle E-Business Suite are encouraged to view the functionality of the new PROCESSIT 7.3.1 at the ReadSoft booth (#1139).

Key benefits and capabilities of the latest solution release:
- Worklist preference management allows users to save individual interface preferences.
- Enhanced performance architecture enables electronic import of Excel spreadsheets for faster processing.
- Advanced match receipt capabilities increase purchase order match rates.
- Extended document management capabilities include additional document types and increased access.
- Enhanced performance analytics extend reporting and provide the ability to build custom reports.
- Seamless integration with the Oracle WebCenter Enterprise Content Management solution.

Additionally, ReadSoft will present proven methods of managing change in Accounts Payable. Business leaders who attend the presentation will gain a strong understanding of the importance of stakeholder buy-in for a technology change in AP, as well as a roadmap for ensuring a successful deployment from start to finish. Leading Change in AP within the Oracle E-Business Suite Organization (#15891) takes place on Tuesday, April 8, from 10:15-11:15 a.m. in Galileo 907.

“As a longstanding Oracle Platinum Partner, we’ve established a rewarding interchange with the Oracle community,” says Per Åkerberg, President and CEO of ReadSoft. “We’re able to refine our offering based on customers’ ‘wish lists’ within our dedicated ERP solutions lab. Today we bring that collaboration to market with our latest solution release, PROCESSIT 7.3.1, which was designed to serve the needs and wants of nearly any Oracle company, regardless of its size, industry, or business model.”

Certified by Oracle as “Validated Integration,” ReadSoft solutions seamlessly integrate with Oracle E-Business Suite– reducing risk, improving system implementation cycles and laying the groundwork for smoother upgrades and simpler maintenance.

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

ReadSoft North America
Emily Toras
Marketing Manager
Phone: +1 504 841 3205
Email: emily.toras@readsoft.com

Robert Fresneda
President ReadSoft North America / SVP ReadSoft Americas & APAC
Phone: +1 504.841.0111
Email: bob.fresneda@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.

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