Press Releases

2012 Press Releases

ReadSoft, a leading global provider of document process automation solutions, announced it will host its eleventh consecutive annual user conference on June 12-14, 2013 at the InterContinental Hotel in New Orleans. ReadSoft users and partners can register for ReadSoft Processes Results at the official conference website.

ReadSoft has won ‘Environmental Product of the Year’ at the Document Management (DM) Magazine’s awards. Nominated in a record seven different categories; this award recognizes the company’s work delivering business innovation in the market whilst responding to growing environmental concerns.

A leading company specializing in electronics and electrical engineering has chosen ReadSoft’s SAP®-certified invoice automation solution to process paper and electronic invoices throughout its North American accounts payable operation. The deal is worth over 570,000 USD and was signed in the third quarter of 2012.

The North American-based organization has selected ReadSoft’s accounts payable automation solution to streamline its invoice process in Oracle E-Business Suite for greater processing control over growing invoice volumes. The agreement is worth over 415,000 USD and was signed during the third quarter of 2012.

The free report, Best Practices for Your AP Shared Services Model, is produced by The Accounts Payable Network (TAPN) and made available by ReadSoft here. 

The North American-based organization has selected ReadSoft’s accounts payable automation solution to streamline its invoice process in Oracle E-Business Suite for greater processing control and visibility. The agreement is worth over 300,000 USD and was signed during the third quarter of 2012.

The free report, Invoice and Workflow Automation Adoption, is produced by PayStream Advisors and made available by ReadSoft here.

ReadSoft, in conjunction with SAPinsider, today announced the scheduled offering of a new webinar created for organizational leaders interested in understanding how SAP certified solutions can deliver efficiencies, cost savings, and complete visibility into their accounts payable (AP) processes. The free webinar, Gaining Competitive Advantage with AP Automation, will be held on Wednesday, September 12 at 1pm CDT. 

ReadSoft North America strengthens its commitment to the growth of its Channel Sales Program with the addition of document and data capture industry veteran, Todd LeVeque, as Director of Channel Sales. 

ReadSoft North America has entered into an agreement with an industry leader in flavor and scent creations to streamline its accounts payable operations with ReadSoft’s SAP® certified invoice automation solution. The deal is worth 535,000 USD and was signed in the second quarter of 2012.

ReadSoft North America will streamline a global chemical manufacturing company’s manual, paper-intensive invoice process with an invoice automation solution certified to run seamlessly in its SAP environment. The invoice automation deal is worth 400,000 USD and was signed during the second quarter of 2012.

ReadSoft North America recognized the unmatched success of key partners during its tenth annual user conference in New Orleans, June 6-8 as its channel partners convened to collaborate on a united vision of the future. All Star Software Systems, a full-service systems integrator specializing in business process automation (BPA), was presented with ReadSoft’s “Partner of the Year” award, and ACOM Solutions, Inc., a gold-level Sage Development Partner specializing in document process automation, received ReadSoft’s “Rising Star” award.

ReadSoft North America’s tenth annual user conference, ReadSoft Processes Power, drew more than 250 attendees and set another attendance record for a third year in a row. Held in New Orleans, Louisiana from June 6-8, the event served as a networking center for the document automation provider’s customers, partners and employees to exchange ReadSoft solution experiences and knowledge.

ReadSoft today announced an international partnership with b-pack, the leader in Purchase-to-Pay technology, in order to strengthen b-pack’s paperless invoice processing offer. This new partnership guarantees b-pack’s customers to obtain the highest level of integration for electronic invoicing. ReadSoft Online is fully integrated into b-pack and can use its infrastructure, system and approval workflows.

ReadSoft, a leading global provider of document process automation solutions, today announced the immediate availability of ReadSoft Online in the United States and Canada. As a cloud-based service that automatically captures data from financial documents through any computer with an Internet connection, the solution allows all businesses, including those without a solid IT infrastructure and those with highly decentralized accounts payable processes, to significantly improve process efficiency and achieve considerable cost-savings.

ReadSoft in Germany has signed one of the largest deals ever in ReadSoft’s history with Debeka, Germany’s largest private health insurance company. ReadSoft will provide an input automation solution worth 1.95 MEUR. The deal consists of licenses, support and maintenance and services and was signed in the second quarter of 2012.

ReadSoft North America has reached an agreement with a significant international company that provides pipeline and storage facilities to the oil and refined products sector, as well as owning fuel and asphalt refineries. ReadSoft will provide an invoice-processing solution in a deal worth 470,000 USD. The deal was signed in the second quarter of 2012.

ReadSoft North America has reached an agreement with an American-based asset management company that is one of the world’s largest. ReadSoft will provide an automation solution worth 310,000 USD. The deal was signed in the second quarter of 2012.

ReadSoft makes organizational changes to create a functional company that better utilizes the potential growth of the ReadSoft Group. Sales and marketing will be organized into four regional units where North America will become a single regional unit under the leadership of Bob Fresneda, ReadSoft North America President and corporate officer serving on the ReadSoft Executive Management Team as a Senior Vice President. The five development labs will be merged into two main solution labs and there will be one Chief Technology Officer (CTO) and one Chief Operating Officer (COO). The organizational changes with new functions are effective immediately, all functions will be reporting to the President and CEO, and this will be reflected in the Executive Management Team.

ReadSoft, a leading global provider of SAP document process automation solutions, today announced it will steer multiple educational sessions at the SAPPHIRE NOW/ASUG Annual Conference on May 14-16, 2012 at the Orange County Convention Center in Orlando, FL. Conference attendees interested in streamlining essential purchase to pay and order to cash processes inside SAP are encouraged to attend ReadSoft’s informative sessions and visit the ReadSoft booth (#1715). 

ReadSoft, a global document automation provider, shares research-based perspectives on electronic data and workflow in an on-demand video program featuring Gartner, the world’s leading information technology research and advisory company. The program provides business leaders with best practice approaches for deployment strategies, expectations for return on investment and product features necessary to achieve such organizational benefits as improved visibility, cash management, regulatory compliance and supplier relationships.

ReadSoft, a leading global provider of document process automation, today announced it will exhibit at Fusion 2012, the annual conference presented by The Institute of Financial Operations, at the Gaylord Opryland Resort and Convention Center in Nashville, TN, May 13-17, 2012. Conference attendees interested in streamlining business processes such as, accounts payable processing, document capture and document sorting are encouraged to attend ReadSoft’s educational sessions and visit the ReadSoft booth (#1109) for live product demonstrations and one-on-one consultations.

One of the oldest and most respected services companies in the United States specializing in natural resource management will streamline its end-to-end accounts payable process with ReadSoft’s SAP®-certified invoice automation solution. The agreement is worth over 500,000 USD and was signed during the first quarter of 2012.

ReadSoft, a global document process automation provider, today announced it will host a robust schedule of educational sessions at the COLLABORATE 12 Conference on April 22-26, 2012 at The Mandalay Bay Convention Center in Las Vegas. Conference attendees interested in streamlining invoice processing inside Oracle E-Business Suite are encouraged to attend ReadSoft’s educational sessions and visit the ReadSoft booth (#1233).

A Fortune 500 food company based in North America has chosen to expand its use of ReadSoft’s invoice automation software to its division in Mexico. 

The shareholders in ReadSoft AB (publ) are hereby invited to the Annual General Meeting on April 26, 2012 at 3 p.m. (CET) at Hotel Marina Plaza, Kungstorget 6, Helsingborg, Sweden.

ReadSoft, a global document process automation provider with over 6,000 customers, will demonstrate how best-in-class companies are streamlining financial processes to better utilize their Microsoft applications at Microsoft’s Convergence 2012 Conference in Houston, Texas, March 18-21, 2012.

ReadSoft, the world leader in Document Process Automation solutions, has today completed the previously announced acquisition of foxray AG, a leading developer of Business Process Automation platforms and solutions.

ReadSoft, the world leader in Document Process Automation solutions, today announced the acquisition of privately held foxray AG, a leading developer of Business Process Automation platforms and solutions. foxray employs 40 people and their main market is Europe. The revenues for 2011 was approximately 7 MEUR and with a positive EBIT-result.

ReadSoft a global document process automation provider with over 1,000 SAP Financial Departments in production today, will demonstrate how best-in-class companies are streamlining financial processes, including supplier invoices, receivables, financial postings and master data with its SAP®-certified solution applications at SAPinsider’s Financials 2012 conference in Las Vegas, Nevada, March 13-16, 2012.

ReadSoft, a leading provider of document process automation solutions, announced today that its market-leading FORMS solution is being jointly marketed and delivered to IBM SPSS customers in conjunction with PreferredPartner, an IBM Premier Business Partner specializing in IBM software solutions and IT services.

The U.S. based organization has selected ReadSoft’s SAP®-certified invoice automation solution to streamline its accounts payable operations and enable greater processing efficiencies across the enterprise. The order is worth 320,000 USD and was signed during the fourth quarter of 2011.

The U.S. based world-leading organization has selected ReadSoft’s SAP-certified invoice automation solution to harness greater control, visibility and speed over its invoice process. The order is worth 620,000 USD and was signed during the fourth quarter of 2011.

The North American based organization will streamline its end-to-end accounts payable process with ReadSoft’s SAP®-certified invoice automation solution. The agreement is worth 340,000 USD and was signed during the fourth quarter of 2011.

The South American direct sales and cosmetics giant has a continent-wide presence, and has chosen ReadSoft’s invoice automation solution to improve its invoice processing efficiency as it looks to expand. The agreement is worth 500,000 USD and was signed during the fourth quarter of 2011.

ReadSoft, a global leading document process automation company, has signed an expansion agreement worth 310,000 EUR to expand document and invoice automation for a UK based global telecommunications provider. The agreement was signed during the fourth quarter of 2011.