Redirect savings to front line public services with ReadSoft Online

• UK G-Cloud contract for Accounts Payable automation
• Fast set up and instant savings for any size of public sector organization
• Streamlined finance processes, no CAPEX, just pay for what is actually needed

ReadSoft, a specialist in the delivery of business automation to manage and improve back office processes, has received a UK Government Procurement Service (GPS) G-Cloud contract to supply Public Sector organizations with ReadSoft Online. UK government organizations using this cloud-based solution for automating end-to-end Accounts Payable (AP) processes can drive new efficiencies, improve operations and make faster savings that can be diverted to front line services to better support local communities.

Public sector organizations seeking to quickly move complex or distributed finance processes to the cloud have, with ReadSoft Online, a self-contained low risk solution that requires no hardware, no software to install and no need for maintenance, or upgrades. ReadSoft Online is a Software-as-a-Service (SaaS) cloud-based solution that fully automates the end-to-end AP process with approval workflow and online document storage for cost-conscious, efficiency-seeking public sector organizations seeking a proven, fully scalable, user-friendly solution for automating invoice processing.

“ReadSoft has a long history of supporting local authorities and public health services to improve paper and electronic processes through automation,” according to Per Åkerberg, President and CEO of ReadSoft. “With this G-Cloud contract we are able to bring new efficiencies and advantages to finance departments enabling them to focus on delivering public service rather than be bogged down in slow, costly manual AP processes.”

The government mandated 'Cloud first' policy helps public sector organizations to access cloud IT services from contracted suppliers, such as ReadSoft, to drive efficiency and improve delivery. Avoiding risk and encouraging a structured and robust overhaul of operations, G-Cloud contracts support redesign, not closure; ensuring key services are protected while reducing overall costs to the taxpayer.


ReadSoft may be required to disclose the information provided herein pursuant to the Securities Market Act. The information was submitted for publication on November 7, 2013 at 11:30 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 applications for automating business processes in the cloud or on premise. ReadSoft is by far the world’s number one choice for invoice processing automation, especially into business systems from SAP and Oracle. ReadSoft’s software enables companies to automate document processes such as accounts payable processing, and mailroom automation. Since the start in 1991, ReadSoft has grown to a worldwide group with operations in 17 countries on six 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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