ReadSoft signs global partner agreement with German SAP-integrator Ebydos

ReadSoft signs global partner agreement with German SAP-integrator Ebydos After a successful period on the German market, ReadSoft and Ebydos now take their joint efforts globally. The two companies have been collaborating on an electronic invoice processing solution for some time. The cooperation has already resulted in a number of customer projects, integrating ReadSoft's INVOICES software with the customer's SAP R/3 System. The global Ebydos collaboration is a strong complement to ReadSoft´s existing SAP Integration Option Pack, resulting in very attractive offering. In Ebydos, ReadSoft has found a project partner with extensive SAP experience. This has been a key to success on the German invoice processing market. ReadSoft's INVOICES software is now increasing efficiency at large German enterprises such as ThyssenKrupp, RTL Television, MTU Aerospace and W.C.Heraeus. The first joint projects outside of Germany are carried out in France. The actual integration into the SAP R/3 System is carried out by the Ebydos "Invoice Cockpit" solution. This seamlessly integrates INVOICES with the SAP R/3 System allowing the two systems to interact and exchange information. SAP-users are able to continue working with the familiar SAP-environment while having access to the scanned documents and all the necessary invoice details. "Ebydos has extensive knowledge of SAP's financial and logistics modules, an area that has much to gain from ReadSoft's technology. Encouraged by projects we've completed in Germany, we hope to repeat our success in other markets and increase INVOICES sales internationally. So this new global agreement is truly exciting," says Jan Andersson, President/CEO of ReadSoft. After the launch of INVOICES in 1996 ReadSoft has implemented electronic invoice processing at over 700 companies. In 2001ReadSoft launched a certified SAP Integration that has been successfully sold and delivered to numerous customers worldwide. Among ReadSoft's INVOICES customers approximately 100 have integrated the software with SAP and some of these are: Porsche, Daimler Chrysler, Pharmacia, Borealis, E.ON Energie etc. What is INVOICES? ReadSoft INVOICES 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. ------------------------------------------------ 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 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. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/03/09/20040308BIT20530/wkr0001.pdf