Global consumer products company automates sales order process through agreement with ReadSoft worth over 460,000 USD
The organization has selected ReadSoft’s next generation solution, PROCESS DIRECTOR, to automate its sales order process inside SAP and allow for faster, less expensive processing and improved control. The agreement is worth over 460,000 USD and was signed during the fourth quarter of 2011.
With electronic, emailed and faxed sales orders to process, the company experienced slow, time-consuming setbacks while manually processing emailed and faxed orders. Ultimately, the organization aimed to leverage automation technology to streamline its sales order process by eliminating costly processing constraints associated with emailed and faxed orders.
ReadSoft’s flexible, SAP®-certified solution was deemed a reliable fit to meet the organization’s processing needs. With ReadSoft’s PROCESS DIRECTOR solution residing seamlessly inside the customer’s SAP system, the organization can manage operations with greater visibility and control inside SAP. Users can automatically identify errors to handle exceptions earlier in the process, thus shortening cycle times and strengthening customer service.
Specifically, PROCESS DIRECTOR is designed as a single software application covering essential processes such as invoice handling, sales order processing, delivery note handling, journal entry correction and more. Ultimately, this certified SAP Add-On allows users to monitor processes, navigate to relevant transactions and easily take on new processes with a low total cost of ownership as the solution leverages their existing SAP infrastructure.
“In today’s economic climate, COOs and Sales Managers can no longer afford the slow, error-prone setbacks associated with the manual data validation and check process, along with exception handling,” says Per Åkerberg, President and CEO of ReadSoft. “By automating the front-end order process, this organization will improve the entire order to cash process with lower order processing costs, faster resolution of exceptions and improved order turnaround,” finishes Per Åkerberg.
As follows of this press release, ReadSoft’s counterpart in the transaction or co-operation is not mentioned by name. This is due to the fact that ReadSoft’s counterpart has required to be anonymous.
This information is such that ReadSoft AB (publ) is to publish in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on December 5, 2011 at 15:00 CET.
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 software solutions for Document Process Automation. ReadSoft’s software enables companies to automate document processes such as accounts payable processing, document capture, document sorting, and order to cash. ReadSoft is by far the world’s number one choice for automated invoice processing, especially into business systems from SAP and Oracle. Since the start in 1991, ReadSoft has grown to a worldwide group with operations in 16 countries on five 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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