Global provider of human resource management services signs deal with ReadSoft for invoice automation solution worth 525,000 USD


WEBWIRE – Thursday, January 09, 2014

A leader in the business of helping organizations in the areas of benefits, rewards and talent management has signed a deal with ReadSoft North America worth 525,000 USD. With ReadSoft’s invoice automation solution, the company will benefit from a more cost-efficient accounts payable process. The agreement was signed in the fourth quarter of 2013.

Functioning under the constraints of a limited invoice processing solution was adding substantial costs to the bottom line. The company quickly realized the need for a more robust solution with the functionality to handle the needs of its world-wide AP operations. Finding a solution that would easily integrate with its Oracle E-Business Suite enterprise resource planning system and allow improved visibility and control were also key factors.

ReadSoft’s invoice automation solution was chosen to replace the installed solution because of its solid integration into Oracle E-Business Suite and ReadSoft’s absolute capability to meet the expectations of the organization. By selecting ReadSoft, the company will now gain efficiency in its AP department and net the anticipated return on investment.

“This company’s decision to replace a competitive investment with ReadSoft gives credit to the strength of our invoice automation solution,” says Per Åkerberg, CEO of ReadSoft. “We are eager to help this customer achieve the goal of reaching their processing potential.”



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