CEMEX chooses ReadSoft to process one million invoices annually
CEMEX, a global building solutions company with sales of US$ 15,3 billion during 2005, has chosen ReadSoft to supply its invoice processing solution. The initial agreement covers approximately one million invoices per year and ReadSoft has already installed the SAP certified solution at CEMEX's German, British and French businesses. Now they are reviewing their routines throughout the rest of the company.
CEMEX provides high quality products and reliable service to customers and communities in more than 50 countries throughout the world. The company’s acquisition of RMC (UK) in 2005 multiplied its European operations overnight. Given 50,000 employees on four continents, CEMEX has a continuous flow of documents. In order to make its internal routines more efficient, the company decided to automate its invoice handling. After an in-depth evaluation, CEMEX chose ReadSoft DOCUMENTS for Invoices and its certified solution for the SAP system. The company has been adopting the solution step-by-step in Germany, the UK and France. The next step will then be for CEMEX to review its routines throughout the rest of the Company.
"ReadSoft’s solution is lowering our costs, shortens lead times in our payment routines and improves our work environment," says Javier Pineada, AP/A Project Leader at CEMEX.
"Our strategy of gaining a foothold with multinational companies – European operations in this case – to set the stage for group-wide agreements has succeeded once again," says ReadSoft President and CEO Jan Andersson. "Our certification for SAP and our long list of SAP-related customers, as well as our presence worldwide, were key advantages in obtaining this customer.
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 invoicing process speeds up and employees can devote more time to tasks that take advantage of their individual 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