World-leading transport company invests 180,000 EUR in ReadSoft's invoice automation solutions
One of the world's leading transport companies has selected ReadSoft as their supplier of choice for invoice automation. The solution involves the processing of over half a million invoices annually.
With a business system from SAP in place, this world-leading transport company already had good support for many of their business processes, but their accounts payable routines were still cumbersome and manual. ReadSoft's automated invoice handling solution for SAP was therefore a logical investment. The deal was made in the U.K. and the implementation will be carried out through a ReadSoft specialist partner.
ReadSoft's solution will enable the company to automatically digitize incoming invoices, match the information against data in SAP to make sure it is correct, and approve the invoices in an electronic workflow. This will make accounts payable routines faster and less labor-intensive. The solution also includes extensive monitoring capabilities giving the company better control of their invoice flow.
"Multinational companies are one of our focus areas, and our solutions are well suited for handling the extensive requirements of such organizations," comments Jan Andersson, CEO at ReadSoft. "Invoice processing in SAP is an area where we are very strong and this order is yet another proof of that. We are certain that this customer will get solid business value and substantially improved accounts payable processes in the years to come."
For additional information, please contact
ReadSoft AB
Jan Andersson, 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 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. 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 .