Schneider Electric chooses ReadSoft's invoice processing solutions for SAP
Schneider Electric is a global specialist in energy management with operations in more than 100 countries worldwide. It offers integrated solutions across multiple industries, including electrical utilities, water and waste treatment plants, public sector, oil and gas, marine, as well as a broad presence in residential applications.
"The most important motivating factor for this investment is process improvement in accounts payable," says Tom Schoepf, Finance Manager, at Schneider Electric Pacific Zone. "As the Schneider Electric group is implementing SAP, choosing a solution closely integrated with SAP was an important deciding factor. We looked at several providers but ReadSoft met our criteria. Moreover, the scanning and OCR functionalities provided by ReadSoft look superior to what we have seen elsewhere."
The agreement signed in Australia fits well with the Schneider Electric global "Bridge Project". Worldwide the project is a major business transformation program which aims to globalise and standardise business processes in Schneider Electric within a Global Core System of which SAP is a part of. The SAP accredited ReadSoft solution will support the centralisation and standardisation of accounts payable processes into best practice.
"The implementation of ReadSoft, together with the other initiatives Schneider is undertaking in the Pacific Zone, will create an efficient and uniform process in accounts payable. Also, it will add a much needed audit trail and electronic archiving," says Tom Schoepf.
For additional information please contact
ReadSoftAB
Jonna Opitz, Vice President, Corporate Communications
Phone: +46 733 - 37 86 68
About ReadSoft
ReadSoft is a leading global provider of software solutions for Document Automation. ReadSoft's software enables companies to automate document processes such as data entry, classification, ERP matching, workflows, e-invoicing etc. The results are faster and less expensive document processing, and increased control. ReadSoft is by far the world's number one choice for invoice automation solutions. Specialized solution labs for SAP, Oracle, Microsoft and Capture processes ensure cutting edge solutions with great customer value. 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.