STOCKHOLM, Sweden, Feb. 11, 2003 (PRIMEZONE) -- ReadSoft has signed a partner agreement with the Norwegian consulting firm R5 AS. The agreement concerns INVOICES, Readout's software for automatic processing of supplier invoices. The software will be implemented by R5 as a part of their business with SAP customers.
R5 AS, a Maersk Data owned company, specializes in SAP implementation with focus on mySAP Business Suite and value added services. R5 AS has more than 110 certified SAP consultants located in the Nordic countries, and has customers throughout Europe. ReadSoft's award-winning INVOICES technology will be included in the R5 Implementation portfolio to customers all over Europe.
"R5 is an important and successful SAP-partner, and this collaboration is indeed a success for us. Initially, R5 will integrate and implement our INVOICES software in projects where their customer wants to handle their incoming invoices trough SAP/R3," Jan Andersson, MD ReadSoft.
Tom W. Gulbrandsen, Business Development Manager at R5 AS, commented on the collaboration: "INVOICES will be a good complement to the R5 services, for both new and existing customers. There is a great need for this kind of solution, which is very much using standard SAP. The cooperation means that we can offer a very powerful solution for handling supplier invoices. It all adds up to cost savings and values for customers. Initially we will focus on the Nordic market, but in time we are also aiming at an international scope," said Tom W. Gulbrandsen.
What is INVOICES?
The software INVOICES is designed to recognize unstructured invoice documents and capture data such as sender, invoice number and invoice amount from anywhere on the invoice. At the same time, the software checks the data against information in the customer's business system.
For more information, please contact
ReadSoft AB
Jan Andersson, MD ReadSoft Pho: +46-(0)708 - 37 66 00 Olof Engvall, Head of Information Pho: +46-(0)708 - 37 66 70 E-mail: olof.engvall@readsoft.com
ReadSoft business is based on the concept of e-capture, comprising capture, interpretation, verification, validation, and transfer of all types of information from e-mail, web, fax, and paper, with a minimum of operator intervention. Established in 1991, ReadSoft, first with free form technology for invoices and color document processing, has become the global technology leader, with subsidiaries in 12 countries and partners in an additional 70. We are proud to have the largest and most innovative development department in the industry, with professional services to match. For more information visit www.readsoft.com
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