ReadSoft Germany has reached an agreement with a large international logistics provider. ReadSoft is going to deliver an invoice automation solution in SAP to process electronic invoices. The deal is worth 385,000 EUR and was signed in the first quarter of 2013, and includes licenses, support and maintenance, project management and consulting for the roll-out project.
The company is a leader in logistics services and has a large number of operation sites and offices spread across the globe. The customer has identified the need to make savings and increase efficiency by adopting ReadSoft’s solution to automate accounts payable processes inside their SAP-system. The customer will use ReadSoft’s PROCESS DIRECTOR and COLLECTOR solutions.
The new customer states that it was ReadSoft’s close SAP integration and know-how, our global presence and proven experience which led them to choose our solution. The client also found that ReadSoft’s solution is very suitable for their approximately 50 decentralized scanning points in the group’s subsidiaries.
“We are delighted that our strong global presence has helped us reach this agreement. It shows again why many multinational companies find ReadSoft an attractive business partner,” says Per Åkerberg, President and CEO of ReadSoft. “Our solution will be closely integrated with their SAP ERP system, and the positive benefits will play an important role in their success by saving them time and money. We look forward to joining them for this journey,” finishes Per Åkerberg.
Within this press release, ReadSoft’s customer in the transaction or co-operation is not mentioned by name. This is due to the fact that they have requested to remain anonymous. This is information of the type that ReadSoft AB (publ) is obligated to disclose in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on April 15, 2013 at 14:00 CET.
For additional information, please contact:
Vice President, Corporate Communications
Phone: +46 708 37 66 77
ReadSoft is a leading global provider of software solutions for document process automation 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