ReadSoft signs company-wide agreement with ThyssenKrupp

Report this content

ReadSoft has signed a company-wide agreement with ThyssenKrupp to become the preferred supplier of solutions for electronic invoices processing. The license for 1.5 million invoices per year concerns the software ReadSoft DOCUMENTS for Invoices.

ThyssenKrupp is one of the world's biggest technology groups. More than 184,000 employees worldwide work within the Group's main areas of steel, capital goods and services. After successfully implementing the solution at three of ThyssenKrupp’s units, 1,300 other units are now to be offered the same solution.

Apart from being able to market ReadSoft internally within the ThyssenKrupp Group, this agreement stipulates commercial terms and rules, making the process of investing in the solution fast and easy.

“The units ThyssenKrupp Steel, ThyssenKrupp Elevators, and ThyssenKrupp Holding AG, have already successfully integrated the ReadSoft solution into our existing SAP system. Our good experience of the system has lead to the decision to make this available to other units as well. The additional profit potential this creates should be used throughout our company”, comments Michael Ackermann, Central Site Company Account System Manager.

With the available software licenses, the entire process in the accounting system can now be optimized, including the receiving of electronic data sent using EDI (Electronic Data Interchange). Among the advantages noticed by ThyssenKrupp are faster turn-around times, reduced costs and lower error rates.

What is ReadSoft DOCUMENTS for Invoices?
Building on more than a decade of experience, our Invoices business solution is the most powerful and automated invoices processing solution to date. With manual handling, an invoice costs between $15 to $50 to process. ReadSoft DOCUMENTS for Invoices frees you from this manual handling, automates your invoices flow and generates huge savings. Our Invoices business solution offers the widest scope of capabilities from capture to post with proven efficiency amongst the largest invoices customer database on the market place. The software captures and classifies all kinds of invoices on paper or electronic format. It can also be seamlessly integrated with a great variety of leading ERP systems from SAP, Oracle, Intentia just to mention a few.

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

Documents & Links