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Leroy Merlin, a leading “do-it-yourself” provider, chose ReadSoft for improved business efficiency

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ReadSoft has closed a deal with one of the most important European do-it-yourself providers. The French company Leroy Merlin has chosen ReadSoft DOCUMENTS for Invoices to accelerate processing of the 600,000 invoices they receive every year from all their stores in Spain. ReadSoft’s technology has been installed in the service company Tradial.

With 37 stores in Spain and more than 150 all over France, Poland, Italy, Portugal, Brazil, China and Russia, the French company Leroy Merlin is the second largest company on the European market for do-it-yourself articles. With the objective of optimizing their business processes, Leroy Merlin started to look for a way to automatically process all their incoming paper invoices. After comparing products for automatic data capture in France and Spain, they decided on ReadSoft DOCUMENTS for Invoices. The software is installed at Tradial in Madrid. This service company collects invoices from all Leroy Merlin’s suppliers and uses ReadSoft’s software to digitize the invoices and automatically capture all the data from them. The project started with invoices from eight stores in Madrid. Due to the good results achieved during the three months of testing, the installation has now been expanded to process invoices from all stores in Spain. Thus, ReadSoft’s software will process almost 600,000 invoices annually. Arturo Muñoz, IT Manager at Leroy Merlin, says: “The reliability that the software showed in various installations in Spain, and the local support offered by ReadSoft were important for us when making the decision.” What is ReadSoft DOCUMENTS for Invoices? The software is designed to recognize unstructured invoice documents and capture data such as sender, invoice number and invoice amount from anywhere on the invoice. At the same time, the software checks the data against information in the customer’s business system. Approximately 100 million invoices are processed every year by ReadSoft software around the world and it was the first solution to be certified by SAP. 150 customers have already integrated the software with SAP R/3, making it the most widely used invoice processing integration by far. In total, ReadSoft has over 1000 Invoice-processing customers worldwide. ------------------------------------------------ For more information, please contact --------------------------------------- ReadSoft AB Jan Andersson, President/CEO Pho: +46-(0)708 - 37 66 00 Olof Engvall, Vice President, PR & Communication Pho: +46-(0)708 - 37 66 70 E-mail: olof.engvall@readsoft.com About Leroy Merlin The Leroy Merlin business is centered around these main sectors: building, gardening, sanitary equipment and interior decoration providing a wide range of products in response to customers needs. For more information, visit www.leroymerlin.com

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