ReadSoft signs €895,000 global deal with world leading transport infrastructure company

ReadSoft has received an order worth approximately €895,000 from a company within the construction and maintenance of transport infrastructure sector. The solution from ReadSoft will automate and optimize the processing of supplier invoices and also integrate with the installed SAP system. This global agreement covers the processing of millions of invoices annually throughout the company.

Due to competitive markets and a confidentially agreement, ReadSoft is not granted permission to mention the name of this company.

The overall goals for this customer were to purchase technology that could handle both paper and electronic invoices and start the move away from paper toward more electronic means when it comes to document processing. After a thorough benchmark was conducted with the leading suppliers in the market, this company decided to partner with ReadSoft. The software’s proven stability with thousands of users all over the world, its effective integration into SAP and the solution’s user friendliness were the main reasons for choosing ReadSoft. The solution from ReadSoft offers a significant business value, thus allowing the customer to make better use of its employees, ensure higher quality information and improve security.

“We’re very happy about this order. It shows that global corporations are now ready to procure this kind of solution for the whole group in one go instead of making the investment step-by-step,” says Jan Andersson, President and CEO of ReadSoft. “This order is also a good start for our new partner-oriented organization in France, since the deal was closed together with several partners on the French market.”

About ReadSoft
ReadSoft is a leading global provider of software solutions for Document Automation. ReadSoft’s software enables companies to automate document processes such as data entry, classification, ERP matching, workflows, e-invoicing etc. The results are faster and less expensive document processing, and increased control. ReadSoft is by far the world’s number one choice for invoice automation solutions. Specialized solution labs for SAP, Oracle, Microsoft and Capture processes ensure cutting edge solutions with great customer value. Since the start in 1991, ReadSoft has grown to a worldwide group with operations in 16 countries on five 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 Nordic Exchange Small Cap list. For more information about ReadSoft, please visit www.readsoft.com.