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 seamlessly within SAP, the shared services
center looks forward to reduced overheads for supplier service, better end-to
-end visibility, as well as maximized efficiency with mobile capabilities.
“We are delighted to be making an impact in the African market and notably in
the government shared services sector. We strongly believe that our solutions
continue to stand out as the leading option for SAP users. It is also exciting
to see this company choosing to maximize their time and cost reductions by
selecting the MOBILE APPROVAL and COLLECTOR add-ons,” says Per Åkerberg,
President and CEO of ReadSoft.
Within this press release, ReadSoft’s customer in the transaction or co
-operation is not mentioned by name. This is due to the fact that they have
requested to remain anonymous. This is information of the type that ReadSoft AB
(publ) is obligated to disclose in accordance with the Swedish Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication on October 8, 2012 at 14:00 CET.
For additional information, please contact
ReadSoft
AB

Johan Holmqvist, Vice President, Corporate Communications
Phone: 46 708 37 66 77
Email: johan.holmqvist@readsoft.com
ReadSoft South Africa
Phone:  +27 (0) 11 575 3485
Email: info-sa@readsoft.com
About ReadSoft
ReadSoft is a leading global provider of software solutions for Document Process
Automation. ReadSoft’s software enables companies to automate document processes
such as accounts payable processing (http://www.readsoft.com/purchase-to
-pay.aspx), document capture (http://www.readsoft.com/enterprise-capture.aspx),
document sorting (http://www.readsoft.com/software-products/document
-capture.aspx), and order to cash (http://www.readsoft.com/order-to-cash.aspx).
ReadSoft is by far the world’s number one choice for automated invoice
processing (http://www.readsoft.com/software-products.aspx), especially into
business systems from SAP (http://www.readsoft.com/default/sap-solutions) and
Oracle (http://www.readsoft.com/default/oracle-solutions). Since the start in
1991, ReadSoft has grown to a worldwide group with operations in 17 countries on
six 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 Stockholm's Small Cap list. For more information about ReadSoft, please
visit www.readsoft.com.