Linde Material Handling ReadSofts’ invoice processing customer no. 2,000

When Linde Material Handling chose ReadSoft DOCUMENTS for Invoices to process more than half a million invoices annually in three countries, they had no idea this made ReadSoft reach the magic number of 2,000 installations of the solution.

Linde Material Handling in Aschaffenburg, Germany, is a world-leading supplier of forklift trucks and other products in the field of intralogistics. Linde Material Handling is represented in over 70 countries and has more than 53,000 employees worldwide.

The integration of ReadSoft DOCUMENTS for Invoices with Linde Material Handling's existing SAP environment has started in Germany, and during 2007, installations will follow in Britain and France. In total, it is planned that the Linde Group will automatically process over half a million invoices per year with the Invoices business solution.

”Having 2,000 customers within invoice processing feels like reaching a landmark and is something we’re all very proud of”, says CEO Jan Andersson at ReadSoft and continues; “No other company has the number of references that we do. At the same time I’m convinced that we’ve only scratched the surface of this market. The benefits of electronic invoice processing offered to global groups like Linde are great and becoming increasingly evident to more and more companies.”

In addition to electronic invoice processing, Linde Material Handling's solution also includes the certified SAP add-ons Ebydos Invoice Cockpit and Web Cycle. Invoice Cockpit serves as an interface working within the SAP system, while Web Cycle is the web-based workflow enabling the co-workers of Linde Material Handling to perform the necessary control and approve processes. The ReadSoft solution will also standardize the enterprise's account payables processes.

ReadSoft DOCUMENTS for Invoices
More than ten years of experience with electronic invoice processing has produced the most powerful and by far the most popular (2,000 clients) system on the market. ReadSoft DOCUMENTS for Invoices is a highly profitable investment for just about any business. Fully implemented electronic invoice processing lowers costs by 25-50%. Meanwhile, the process speeds up and employees can devote more time to tasks that correspond to their particular skills. ReadSoft DOCUMENTS for Invoices captures, reads and classifies all incoming formats, whether paper or electronic. The solution, which is customised for simple linkage to leading international enterprise systems, is certified for both SAP and Oracle.

ReadSoft AB
Jan Andersson, President/CEO
Pho: +46-(0)708 - 37 66 00
Jonna Opitz, Vice President, Corporate Communication
Pho: +46-(0)708 - 37 86 68
E-mail: jonna.opitz@readsoft.com
More about ReadSoft on www.readsoft.com

About ReadSoft
ReadSoft is the world’s leading supplier of software for Document Automation. The company develops and markets a complete product platform for Document Automation named ReadSoft DOCUMENTS. The vision is to free businesses everywhere from manual document handling. Since its founding in 1991, ReadSoft has developed into a global group with 11 subsidiaries in Europe, North and South America and Australia, and a large number of local and global partners. ReadSoft is headquartered in Helsingborg, Sweden, and its primary R&D facility is in Stockholm. ReadSoft has been listed on the Stockholm stock exchange since 1999. For more information please visit www.readsoft.com

About Us

ReadSoft is the worldwide market leader in the development and sales of forms processing software, that is, software for the automatic registration and interpretation of data on forms and invoices in paper or electronic format.

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