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 care providers into their respective Electronic Health Records (EHR)
systems. To deliver the BetterChart solution, the organization automates the end
-to-end process of the document type classification and data capture of its
clients’ patient records, affording its clients invaluable time and the
necessary tools to continue to grow comfortably. But to meet existing service
level agreements with its clients, DISC initially hand-keyed this information to
ensure document type and patient record information were captured and processed
in a timely fashion.
Together with ReadSoft, the service provider has eliminated the need to manually
key its business-critical data entry function and can continuously increase its
document volumes while retaining the same number of staff. As a robust central
solution platform, XBOUND leverages automatic classification and indexing to
standardize incoming information and initiate document-driven processes. The
solution allows DISC to rapidly onboard new BetterChart customers via a
flexible, pre-configured design tool (Process Designer), which is inherent to
XBOUND.
“ReadSoft’s newly acquired XBOUND technology will prove to be a winner in the
BPO space with its ability to onboard new clients rapidly while handling high
volumes and multiple document types,” said Patrick Karpen, President of DISC
Corporation. “We are eager to leverage this technology in our existing service
offering and realize the tangible benefits of a solution that supports our long
-term growth.”
“We are excited to see how the North American market has embraced XBOUND, a
proven solution that European service providers have utilized for many years,”
says Per Åkerberg, President and CEO of ReadSoft. “By providing applications for
process design and monitoring, ReadSoft offers a clear, competitive advantage to
North American service providers.”
This information is such that ReadSoft AB (publ) is to publish in accordance
with the Swedish Securities Markets Act and/or the Financial Instruments Trading
Act. The information was submitted for publication on June 20, 2013 at 09.15
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
About ReadSoft
ReadSoft is a leading global provider of software solutions for document process
automation (http://www.readsoft.com/solutions/document-processing) in the cloud
 (http://www.readsoft.com/solutions/document-processing/capture-in-the-cloud)or
on premise. ReadSoft is by far the world’s number one choice for invoice
processing automation (http://www.readsoft.com/solutions/document
-processing/invoice-processing), especially into business systems from
SAP (http://www.readsoft.com/solutions/automation-for-sap) and
Oracle (http://www.readsoft.com/solutions/automation-for-oracle). ReadSoft’s
software enables companies to automate document processes such as accounts
payable processing (http://www.readsoft.com/solutions/by-department/accounts
-payable), and mailroom automation (http://www.readsoft.com/solutions/document
-processing/mailroom-automation). 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

About DISC Corporation
DISC Corporation is a leading provider of solutions in the ambulatory healthcare
market.  DISC’s solutions focus on improving the processes surrounding the
electronic medical record including digitization, data extraction and data
conversions. DISC partners with leading ambulatory EMR systems to allow their
mutual clients the ability to optimize their software investment while improving
patient care.  DISC has clients throughout the United States and is
headquartered in St. Louis, Missouri.  For more information about DISC please
visit www.disccorporation.com.