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ReadSoft is the worldwide market leader in the development and sales of forms processing software, that is, software for the automatic registration and interpretation of data on forms and invoices in paper or electronic format.

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ReadSoft signs contract with NSW Department of Education and Communities in Australia

The New South Wales Department of Education and Communities, the largest single organization, public or private, in Australia, has chosen ReadSoft’s SAP ®-certified invoice automation solution to streamline its existing invoice processing operations and enable greater efficiencies across its Shared Services Centre. The contract is recurring revenue based and the Agency plans to process 4.7 million invoices over an initial term of over 3 years. The deal was signed during the second quarter of 2014 and includes options that may stretch the term to 10 years.The client has agreed to an annual

ReadSoft signs deal worth 650,000 EUR with leading European office supplies and services company

ReadSoft has signed a deal worth 650,000 EUR with a leading European office supplies and services company. The customer has decided to unify all their current ERP-systems into a single SAP client where they will merge all the company’s Accounts Payable (AP) processes into one Shared Service Center (SSC) environment. The deal includes licenses, support and maintenance and services and was signed during the first quarter of 2014.The customer offers comprehensive solutions to computer manufacturers, distributors, office suppliers and to retail customers. The company is a market leader within

ReadSoft signs invoice automation agreement worth over 385,000 USD with global life sciences company

A global life sciences organization in the healthcare sector has selected ReadSoft’s SAP®-certified invoice automation solution to streamline its accounts payable operations and enable greater processing efficiencies across the enterprise. The agreement is worth 385,000 USD and was signed in the first quarter of 2014.The organization will leverage ReadSoft’s invoice automation technology to centralize its global Accounts Payable (AP) operations into regional AP shared service centers.  This movement toward more standardized AP processes will support the enterprise’s consolidation of

Prominent electronics manufacturer signs deal worth over 300,000 USD for ReadSoft’s invoice automation solution

An innovative company in the design and manufacturing of electronic products has signed an agreement with ReadSoft North America to automate its invoice process with ReadSoft’s SAP®-certified invoice automation solution. The deal, valued at over 300,000 USD, was signed in the fourth quarter of 2013.The company realized its paper intensive process was slow and inefficient.  Manual handling of paying invoices across its enterprise was restricting its ability to have control over its account payable operations.  Moving to a shared services strategy and streamlining its accounts payable

ReadSoft signs agreement worth 1.1 MEUR with global manufacturer

After a global selection process the high-end apparel manufacturer has chosen ReadSoft's SAP®-certified invoice automation solution to process over a million electronic and paper invoices and other documents in its global shared service center operations. The license, services and maintenance agreement signed is worth an initial 1.1 MEUR and was signed in the fourth quarter of 2013.The customer is consolidating its operations across many countries into a global shared service center to handle both the volume of invoices processed and multiple other business processes, with the ultimate aim

Energy technology giant renews confidence in ReadSoft with 400,000 EUR agreement

A top energy management solution provider has expanded its agreement with ReadSoft in order to further develop their Shared Services Center activities. The deal is worth 400,000 EUR and was signed with ReadSoft in France during the second quarter of 2013.The customer has used ReadSoft’s solutions for several years to automatically process hundreds of thousands of invoices annually at their Shared Service Centers. The customer wants to further consolidate and streamline their financial processes and the target is to implement more process automation solutions to gain greater efficiencies

Multinational trading company with Shared Service Center based in Malaysia chooses ReadSoft in 1.2 MUSD invoice processing project

ReadSoft Asia has been chosen by a leading multinational trading company to provide an invoice processing solution in an agreement worth 1.2 MUSD. The deal includes licenses, implementation, maintenance and support and was signed during the second quarter of 2013.The company will use ReadSoft’s PROCESS DIRECTOR for Accounts Payable solution in their shared service center supporting their operations across the globe. ReadSoft was the customer’s preferred option to automate their invoice processing due to ReadSoft’s superior seamless integration into the SAP system. ReadSoft has extensive

ReadSoft signs multi-year contract with DISC Corporation to process in excess of 50 million documents per year

ReadSoft has brought XBOUND, its large-scale automation solution, from Europe to North America with its first enterprise sale of the BPO solution to DISC Corporation, a Missouri-based, USA, document management service provider in the healthcare sector. The agreement was signed in the second quarter of 2013, and estimated annual revenues from the BPO/Service Bureau provider contract are expected to be a million dollars per year.DISC Corporation has over 55 years of experience as a service provider to the healthcare sector, specializing in the digitization of patient records for ambulatory

ReadSoft signs agreement worth 430,000 EUR with major international bank

One of the world’s largest banking institutions has chosen ReadSoft's SAP®-certified invoice automation solution to process over hundreds of thousands electronic and paper invoices in its global shared service center operations. The license and maintenance agreement signed is worth an initial 430,000 EUR and was signed in the first quarter of 2013.The bank wants to increase the volume of invoices processed due to a large expansion while continuing to benefit from the elimination of manual processing and driving up automation rates in its P2P processes for all types of invoice documents. The

Major service provider company based in Malaysia chooses ReadSoft in 860,000 USD invoice processing project

ReadSoft Asia has been chosen by a leading Malaysian company that provides consumer services to provide an invoice processing solution in an agreement worth 860,000 USD. The deal includes licenses, implementation, maintenance and support and was signed during the first quarter of 2013.The company will use ReadSoft’s PROCESS DIRECTOR for Accounts Payable solution in their shared service center supporting their operations across the country. ReadSoft was the company’s preferred option to automate their invoice processing due to ReadSoft’s superior seamless integration into the SAP system.

Medical manufacturing company signs 1.1 MUSD deal with ReadSoft

ReadSoft North America has reached an agreement with a global manufacturing company in the healthcare sector. ReadSoft will provide its SAP®-certified invoice automation solution PROCESS DIRECTOR in a deal worth 1.1 MUSD. The deal was signed in the fourth quarter of 2012.The customer sought an automation solution with seamless integration into its SAP Enterprise Resource Planning System to streamline its accounts payable operations across its shared service centers located in Europe, Asia and the United States. As the company aimed to standardize its global accounts payable operation, it

Major conglomerate in Asia chooses ReadSoft in 670,000 USD invoice processing project

ReadSoft Asia has reached an agreement with a significant Asian company that has interests in various industries. ReadSoft will provide an invoice processing solution in an agreement worth 670,000 USD including licenses, implementation, maintenance and support. The deal was signed during the fourth quarter of 2012.The company will use ReadSoft’s PROCESS DIRECTOR for Accounts Payable solution in their Shared Service Centers, supporting their international operations where it is projected that millions of invoices will be processed every year once rollout is completed. ReadSoft was the

ReadSoft signs agreement worth 312,000 EUR with major European manufacturer

A leading European multi site manufacturing company has chosen ReadSoft's SAP®-certified invoice automation solution to process electronic and paper invoices in its European shared service centre operations. The agreement is worth 312,000 EUR and was signed in the fourth quarter of 2012.The manufacturer wants to eliminate manual processing and drive automation in is P2P processes for all types of invoice documents. The company will be rolling out the solution as a part of their shared service center environment in Europe.The company selected ReadSoft through a competitive selection

Governmental shared services center in South Africa chooses ReadSoft in 235,000 EUR invoice processing project

ReadSoft South Africa has reached an agreement with a governmental shared services center to provide an accounts payable automation solution worth 235,000 EUR including licenses, implementation, and maintenance. The deal was signed during the third quarter of 2012.The shared services will use ReadSoft’s PROCESS DIRECTOR for Accounts Payable solution to streamline their invoice processing in SAP. They have opted for further functionality with MOBILE APPROVAL – for invoice approval via mobile phones, and REPORTER to help improve end-to-end reporting.By automating its invoice processing

Global chemical manufacturing company automates invoice process through 400,000 USD agreement with ReadSoft

ReadSoft North America will streamline a global chemical manufacturing company’s manual, paper-intensive invoice process with an invoice automation solution certified to run seamlessly in its SAP environment. The invoice automation deal is worth 400,000 USD and was signed during the second quarter of 2012.This world-leading manufacturing company receives service invoices, physical material invoices and freight invoices primarily in paper format at decentralized manufacturing plants, jumpstarting a repetitive manual invoice process. Paper invoices are scanned upon receipt, routed for

ReadSoft continues its growth by establishing a subsidiary in South Africa

ReadSoft is, in line with its strategy to establish a local presence in important markets and to focus on nurturing our customers’ business needs, starting up a new subsidiary in Johannesburg, South Africa. The new subsidiary will operate under and report into the region EMEA. With this new addition, ReadSoft now has operations on six continents and in 17 countries.Previously, ReadSoft’s partners and resellers have very successfully represented the company on the African market. With an existing portfolio of customers in the region and with a growing number of partners and international

North American Fortune 500 Company expands invoice automation solution with ReadSoft worth 341,000 USD

A Fortune 500 food company based in North America has chosen to expand its use of ReadSoft’s invoice automation software to its division in Mexico. The new invoice automation agreement is worth 341,000 USD and was signed in the first quarter of 2012.The customer already processes millions of invoices with ReadSoft’s SAP®-certified invoice automation solution at its North American shared service center and in Latin America with significant processing improvements. The company is now expanding the solution to Mexico to eliminate the time consuming manual document handling of tens of thousands

ReadSoft signs a deal worth 500,000 USD with a direct sales & cosmetics conglomerate from South America

The South American direct sales and cosmetics giant has a continent-wide presence, and has chosen ReadSoft’s invoice automation solution to improve its invoice processing efficiency as it looks to expand. The agreement is worth 500,000 USD and was signed during the fourth quarter of 2011.The company plans to further expand its presence in South America and wants to grow the business and revenue without increasing back office costs. By using ReadSoft’s automatic invoice processing solution, the company will achieve a faster, more efficient and transparent invoice process, so the expansion

Leading European high-tech manufacturing group signs agreement worth 1.0 MEUR with ReadSoft

ReadSoft has partnered with a global systems integrator to deliver its SAP-certified invoice automation solution to a world-leading high-tech manufacturing group. The deal, which includes several years of maintenance, is worth 1.0 MEUR and is one of the largest ever for ReadSoft. The agreement was signed during the fourth quarter of 2011 and the implementation will begin next year.The company is a leading player within its field of expertise with a growing business and operations all over the world. With a newly established Shared Service Center, handling accounting and purchase services

ReadSoft to deliver Financial Services Process Automation to major Malaysian conglomerate through deal worth 750,000 USD

ReadSoft has been selected by a major Malaysian conglomerate to deliver process automation to their financial Shared Service Center, streamlining financial processes and empowering greater efficiencies across the enterprise. This turn-key project is worth 750,000 USD and was signed during the third quarter of 2011. Implementation will start immediately.Recognized as an industry leader in the South East Asia region, the conglomerate chose ReadSoft due to its experience and solution features that were able to match exactly their needs for today and the long term future of financial process

ReadSoft to deliver world class finance function to global energy market provider in 470,000 EUR deal

ReadSoft, a leading global provider of software solutions for document process automation, has partnered with a global System Integrator to deliver a World Class finance function to an international energy market player. ReadSoft is responsible for driving document automation efficiencies in the finance function within the customer’s Supplies & Sources group. The agreement is worth 470,000 EUR and was signed in the UK during the second quarter in 2011.As a leading player in the global energy market, with a dynamic growing business with operations in more than 25 countries over five

Multinational German technology group expands their use of ReadSoft’s software through new agreement worth 415,000 EUR

A large technology group based in Germany has decided to expand their use of ReadSoft’s solution for invoice automation in SAP. The existing customer is also adding additional business processes to be handled by ReadSoft’s PROCESS DIRECTOR at their Shared Services Center in Germany. The agreement is worth 415,000 EUR and was signed during the second quarter in 2011.The customer is a large multinational technology group based in Germany with development centers and production units all over the world. The company is increasing the transaction volume for invoices to adapt to the

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