ReadSoft signs 380,000 EUR deal with global energy & resource provider

ReadSoft France has reached an agreement with a global essential and specialty
chemicals provider. The existing customer has chosen to expand its use of
ReadSoft’s invoice automation solution. The deal was signed in the third quarter
of 2013, and includes licenses and services, with a total project value of
380,000 EUR.
The customer is a world-leading chemical company who already processes hundreds
of thousands of invoices with ReadSoft’s SAP®-certified invoice automation
solution. Accounts payable efficiency is an important function for the company,
which conducts billions of dollars worth of business each year. As a result of a
merger and optimization project, the company has chosen to expand the use of
ReadSoft’s solution for its invoice processing requirements and process
optimization work. The company chose the ReadSoft solution due to previous
positive experiences with ReadSoft’s solutions, and importantly, due to the
solution’s flexibility for deployment across multiple international locations.
ReadSoft has a specialized team for global projects, which also helps allow for
an easy international rollout and a simplified maintenance setup – two factors
that are important for large multinational companies, and were attractive to the
client in this case.
Per Åkerberg, President and CEO of ReadSoft, says he is delighted to be helping
another company that is a world-leader in its field to achieve even greater
efficiency.
“Our leading solution for invoice automation is well proven and we are excited
to be able to help this company save time and costs in their accounts payable
processes. We look forward to working closely with them to help them achieve
their goals,” finishes Åkerberg.
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 7, 2013 at 13:00 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
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