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Readsoft AB Only a week after the closing of one of ReadSoft's largest deals ever, the company wins yet another major SAP accounts payable automation project on the very competitive North American market. This time, a U.S. based company within paperboard packaging solutions has decided to invest $820,000 USD in ReadSoft's solution. The implementation will be made at the company's facilities in the U.S., and the roll-out of the solution is planned to start during the summer of 2008.
This leading provider of paperboard packaging solutions employs some 7,700 people and reported sales of $2.4 billion in 2007. The company holds a leading market position, and its customers include some of the most widely recognized companies in the world.
With the goal of making accounts payable processes more efficient, this world-leading company decided to try ReadSoft's solution after a thorough benchmark with the leading suppliers in the market. The software's proven stability and ReadSoft's effective integration into SAP were the main reasons for choosing ReadSoft. The solution offers a significant business value, allowing the customer to make better use of its employees, ensure higher-quality information, and improve security. ReadSoft's SAP solution including the products INVOICE COCKPIT, WEB CYCLE, ANALYZER and INVOICES will now be used to process over one million invoices annually.
"The ReadSoft document process automation solutions residing in SAP have proven to be extremely well positioned for the U.S. market," says ReadSoft's President and CEO Jan Andersson. "With the wins we've made during the last 12 months, ReadSoft is making itself known as the number 1 solution within the SAP segment in North America."
For additional information, contact ReadSoft AB Jan Andersson, CEO, ReadSoft
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.
