Energy technology giant renews confidence in ReadSoft with 400,000 EUR agreement

A top energy management solution provider has expanded its agreement with
ReadSoft in order to further develop their Shared Services Center activities.
The deal is worth 400,000 EUR and was signed with ReadSoft in France during the
second quarter of 2013.
The customer has used ReadSoft’s solutions for several years to automatically
process hundreds of thousands of invoices annually at their Shared Service
Centers. The customer wants to further consolidate and streamline their
financial processes and the target is to implement more process automation
solutions to gain greater efficiencies across the enterprise.
The customer recognized ReadSoft as the leading solution provider and therefore
renewed their trust and investment in ReadSoft for this project. ReadSoft’s
extensive global experience of process automation solutions for Shared Service
Centers and leading solution features were some of the key decision points for
the customer.
In choosing ReadSoft’s solution, the organization hopes to have better control
over information flow and early detection of errors. In addition, there will be
less manual work and lower document processing costs. This will lead to shorter
total processing time and to a productivity optimization of the customer’s
existing SAP-investment.
“It is great to see existing ReadSoft customers reaffirming their confidence in
ReadSoft by investing further in our solutions,” said Per Åkerberg, President
and CEO at ReadSoft. “This is a great example which demonstrates that our
customers are achieving strong results and return-on-investment to the point
that they are happy to further their relationship with us. We enjoy playing a
part in helping customers like this one succeed in business.”
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 July 5, 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