ReadSoft signs HR automation agreement worth 650,000 USD with Major Malaysian Conglomerate


ReadSoft signs HR automation agreement worth 650,000 USD with Major
Malaysian Conglomerate

ReadSoft is to deliver an automated solution to a major Malaysian
Conglomerate to centralize and optimize its Human Resource processes in
a shared service centre environment. The solution will cover the
processing of HR service request, and will be integrated into its
existing SAP system. The agreement is worth 650,000 USD and the deal was
signed during the first quarter of 2011.

The solution involves the implementation of the ReadSoft Document
Capture Suite and its SAP-certified PROCESS DIRECTOR to automate
processes such as leave application, recruitment and internal transfer.
By implementing this solution, the HR shared services centre will have
gained significant control and visibility into its HR processes. This
both strengthens quality control over involved processes as well as
efficiency in request handling. 
“We are very happy to chosen to be part of this automation project.
ReadSoft once again brings a major breakthrough in refining customer's
core processes and making them even more efficient in a competitive
market”, comments Jan Andersson, President and CEO at ReadSoft. “With
major conglomerates under our belt, we are now the established choice
for document and process automation for large corporations in this
region”.
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 April 29, 2011 at 14:00 CET.

For additional information, please contact
ReadSoft
AB                                                                      
                                  
Jan Andersson, President and
CEO                                             
Phone: 46 708 37 66 00
Johan Holmqvist, Vice President, Corporate Communications
Phone: 46 708 37 66 77
Email: johan.holmqvist@readsoft.com (johan.holmqvist@readsoft.com) 

Attachments

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