2012 Press Releases
December 18, 2012 ReadSoft to host 2013 user conference, ReadSoft Processes Results
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.
October 31, 2012 ReadSoft Online named Document Management ‘Environmental Product of the Year’
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.
October 23, 2012 Interim Report January – September 2012
October 17, 2012 ReadSoft signs invoice automation agreement worth over 570,000 USD with global electrical manufacturing company
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.
October 12, 2012 Independent energy company automates invoice processing with ReadSoft through agreement worth over 415,000 USD
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.
October 11, 2012 ReadSoft releases special report disclosing best practices for AP Shared Service Centers
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.
October 5, 2012 Global power solution provider automates invoice processing through agreement worth over 300,000 USD
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.
September 20, 2012 Oracle OpenWorld attendees gain access to ReadSoft’s best-practice AP processing intelligence
Despite the trend toward automation, the inefficiencies, costs and lack of visibility associated with manual processes in accounts payable are still maintained by more than half of businesses today. ReadSoft, a Platinum level member in Oracle PartnerNetwork (OPN) and a global leader in document process automation, will address these AP automation business needs at Oracle OpenWorld 2012 in San Francisco, California–September 30th through October 4th, 2012. Conference attendees representing organizations interested in streamlining invoice processing inside the Oracle E-Business Suite are encouraged to visit the ReadSoft booth (#927).
September 18, 2012 ReadSoft releases new study that shows rise in the adoption of AP automation and workflow
The free report, Invoice and Workflow Automation Adoption, is produced by PayStream Advisors and made available by ReadSoft here.
September 6, 2012 ReadSoft announces new webinar featuring Boehringer Ingelheim, Inc.’s experience with AP automation in SAP
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.
August 7, 2012 ReadSoft North America names Todd LeVeque Director of Channel Sales
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.
July 18, 2012
Interim Report January - June 2012
July 10, 2012 Leading developer of aromatic products signs invoice automation deal worth 535,000 USD with ReadSoft
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.
June 29, 2012 Global chemical manufacturing company automates invoice process through 400,000 USD agreement with ReadSoft
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.
June 28, 2012 ReadSoft honors All Star Software Systems & ACOM Solutions Inc. with partner awards
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.
June 26, 2012 ReadSoft’s tenth user conference breaks attendance record for another year
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.
June 12, 2012 ReadSoft Announces New International Partnership with b-pack Purchase to Pay Solutions
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.
June 7, 2012 ReadSoft rolls out its proven cloud solution for invoice processing to North American market
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.
June 5, 2012 Germany’s largest private health insurer Debeka signs 1.95 MEUR deal with ReadSoft
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.
June 1, 2012 Major refinery & liquid distribution firm agrees 470,000 USD invoice processing project with ReadSoft
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.
May 31, 2012 One of the world’s largest asset management firms signs 310,000 USD deal with ReadSoft
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.
May 25, 2012 ReadSoft announces new organizational structure featuring strong commitment to North America’s strategic importance
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.
May 8, 2012 ReadSoft showcases financial processing best practices at SAPPHIRE NOW/ASUG Annual Conference
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).
May 3, 2012 ReadSoft & featured Leading Analyst educate the market on electronic data & workflows’ role in critical business processes
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.
May 2, 2012 ReadSoft to share Accounts Payable & document automation expertise at Fusion 2012
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.
April 26, 2012
Interim Report January – March 2012
April 13, 2012 North American services company automates invoice processing through agreement worth over 500,000 USD
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.
April 10, 2012 ReadSoft presents proven AP automation processing strategies at COLLABORATE 12
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).
March 29, 2012 North American Fortune 500 Company expands invoice automation solution with ReadSoft worth 341,000 USD
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.
March 27, 2012 Invitation to Annual General Meeting in ReadSoft AB (publ)
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.
March 19, 2012 ReadSoft Showcases Document Automation Solutions at Microsoft Convergence 2012
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.
February 27, 2012 ReadSoft’s acquisition of foxray AG finalized
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.
February 16, 2012
Year-End Report 2011
February 15, 2012 ReadSoft strengthens its position in the Capture and Business Process Automation market through the acquisition of foxray
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.
February 17, 2012 ReadSoft Showcases Financial Process Automation Solutions at Financials 2012
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.
January 31, 2012 ReadSoft & PreferredPartner deliver comprehensive analytic tools for survey automation to IBM SPSS customers
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.
January 11, 2012 North American public utility company automates invoice processing through agreement with ReadSoft worth 320,000 USD
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.
January 11, 2012 North American food & beverage company automates invoice processing through agreement with ReadSoft worth 620,000 USD
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.
January 10, 2012 North American pharmaceutical company automates invoice processing through agreement with ReadSoft worth 340,000 USD
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.
January 5, 2012 ReadSoft signs a deal worth 500,000 USD with a direct sales & cosmetics conglomerate from South America
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.
January 5, 2012 ReadSoft extends back office automation for global telecommunications company via new agreement worth 310,000 EUR
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.