The World’s largest share registry – Computershare – expands use of ReadSoft solutions
Computershare – a global leader in share registration, employee equity plans and proxy solicitation – has reaffirmed their commitment to automated forms processing solutions from ReadSoft. “We’re planning for heavy expansion of our forms processing within the next year and regard this as an investment for the future”, comments Kevin Prior, Global Product Manager at Computershare. The value of the latest agreements are over USD 450,000.
For more than five years, ReadSoft DOCUMENTS for Forms has been an integral part of the share registry management services that Computershare provides to more than 14,000 listed companies around the world. The company offers outsourced services to listed companies that include maintaining lists of shareholders, advising on and operating employee share and option plans and performing investor relations services. These activities generate correspondence between a company and its shareholders, which Computershare process on behalf of its customers.
“At the moment our operation’s annual scanning rate world wide is approximately 16 million forms,” Prior says. “Since we’ve made some major acquisitions during the last year we expect to grow substantially, scanning approximately 26 million forms during 2006 and are now scaling up our ReadSoft infrastructure to handle that. ”
“We are also in the process of taking on new clients and other software and need to conduct evaluations to ensure that what we do is compatible,” Prior says. “However, we have every reason to expect that using ReadSoft combined with Computershare’s technologies will prevail and potentially replace other solutions. Our experience with ReadSoft is that it is modular, flexible and scalable,” he adds. “We can go from processing two million documents to thirty million without needing big changes.”
Computershare is one of the world's leading financial services and technology providers for the global securities industry, providing services and solutions to listed companies, investors, employees, and other financial institutions. Founded in Australia in 1978 the company today has approximately 10,000 employees and a market cap of over AUD 4.2 billion.
What is ReadSoft DOCUMENTS for Forms?
The forms processing software offers organizations substantial savings, increased productivity and improved data quality. The software reads handwritten text, machine-print, barcodes, check boxes, circles, tables, matrixes etc. Among other benefits, automatic forms processing is much faster than manual keying of information, offering a quick return on investment.
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
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