ReadSoft signs invoice and document automation agreement with global BPO-organization worth 520,000 EUR
A world-leading BPO-organization (Business Process Outsourcing) seeking a more efficient invoice and document automation process has turned to ReadSoft. In an agreement signed during the first quarter of 2011, worth an initial 520,000 EUR, ReadSoft’s document automation is to be deployed throughout Europe via a UK data centre.
The company, a leading global solutions provider with a recognised heritage in customer focused technical excellence and strong corporate social responsibility, built a business case for document automation in the UK, defining core requirements with the help of ReadSoft. The overall agreement covers the range of ReadSoft’s offerings across multiple document types, including purchase-to-pay automation, order-to-cash, and HR-document processes and workflows.
With thousands of references worldwide, ReadSoft pioneers document processing, providing continuous market leading technological innovation. Impressed with its best practice approach, this world-leading BPO organisation has chosen to invest in ReadSoft’s invoice and document automation solution.
“As a leading global provider of document process automation ReadSoft has won this agreement against tough competition from other players,” says Jan Andersson, President and CEO at ReadSoft. “We are able to introduce the latest techniques for accounts payable automation best practice to this customer’s European operation. We embrace the opportunity to help this company achieve success for its vision.”
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 March 30, 2011 at 2.00pm CET.
For additional information, please contact
ReadSoft AB
Jan Andersson, President and CEO
Phone: 46 708 37 66 00
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 Nordic Exchange Small Cap list. For more information about ReadSoft, please visit www.readsoft.com.
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