Global hotel and leisure company signs 1.2 MUSD multi-year contract for cloud-based invoice capture with ReadSoft

A global hotel conglomerate and existing ReadSoft customer will expand its automation footprint beyond on-premises AP automation applications through the purchase of ReadSoft Online, a cloud-based invoice capture solution. The agreement is projected to reach 1.2 MUSD over the next five years and was signed in the second quarter of 2014.The long-time customer has leveraged the success of ReadSoft’s on-premises invoice capture and workflow solutions at its US corporate headquarters and shared service centers to date. With the addition of ReadSoft Online, the company aims to achieve