Prepress

ReadSoft signs 400,000 Euro agreement with leading global distributor

Monday 14. January 2008 - A European based leading global distributor of electronic and industrial components has selected ReadSoft's Document Automation solutions for sales order and invoice processing in its SAP environment. The order is worth over 400,000 Euro to ReadSoft.

This leading international high service distributor of electrical, electronic and industrial supplies selected ReadSoft to automate and streamline the processing of over 1.4 million sales orders and 750,000 invoices per annum across its operations in the UK, Germany, France and Italy.

With SAP as its business system backbone, reliability and continuity of supplies is vital to this customer, which provides same-day dispatch of over 135,000 products and online access to over 100,000 additional products.

“The investment this company has made in SAP is significant, so it was an important strategic decision to select an automated sales order processing and invoicing solution that integrated with SAP,” said Jan Andersson, CEO at ReadSoft. “By choosing our solution they will experience easier, faster and more cost-efficient processing of orders and invoices.”

With a reputation for being the world leader in invoice processing the ReadSoft DOCUMENTS for Invoices software has now been expanded to handle automated sales order processing as well as invoices. The solution automatically verifies information about vendors, sales orders, goods received etc and integrates fully with SAP. At the ultimate level of automation, each sales order and invoice can be automatically interpreted, verified, validated, and posted direct to SAP.