ReadSoft reaches agreement with global healthcare manufacturing company

ReadSoft North America (STO:RSOFB) has reached an agreement with a global manufacturing company in the healthcare sector. ReadSoft will provide its SAP®-certified invoice automation solution PROCESS DIRECTOR in a deal worth 1.1 MUSD. The deal was signed in the fourth quarter of 2012.

The customer sought an automation solution with seamless integration into its SAP Enterprise Resource Planning System to streamline its accounts payable operations across its shared service centers located in Europe, Asia and the United States. As the company aimed to standardize its global accounts payable operation, it recognized ReadSoft's unparalleled track record of hundreds of implementations within SAP environments and selected the leading solution provider to spearhead its global invoice processing initiative. By automating its invoice processing seamlessly within SAP, the company looks forward to reduced invoice processing cycle times and improved visibility and control over invoices.

"This company chose ReadSoft as they recognized the need to automate processing for faster, leaner, and more cost-effective operations," says Per Åkerberg, President and CEO of ReadSoft. "We look forward to playing an important role in the success of this significant international company by helping them save time and money with processes in their SAP ERP system."