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ReadSoft signs USD 350,000 agreement with agricultural company in North America

Thursday 02. October 2008 - A leading agricultural company in North America has decided to invest $350,000 USD in ReadSoft's accounts payable automation solutions for SAP. The agreement was signed in September 2008 and covers the processing of more than one hundred thousand invoices annually.

This North American company was looking for an accounts payable solution that could improve both processes and efficiency in the A/P department. After a thorough investigation they found that the comprehensive SAP solution from ReadSoft was the best match to their requirements. Having talked to a number of ReadSoft’s SAP references they realized that this was the solution that could maximize their earlier investment in the SAP business system and at the same time employ best practices for automating processes within accounts payable.
 
The solution from ReadSoft offers significant business value, allowing the customer to make better use of its staff, ensure higher-quality information and reduce costs. ReadSoft’s SAP solution will be used to process more than one hundred thousand invoices annually.
 
“This company required a truly integrated enterprise solution residing inside SAP, one that improves all the processes within accounts payable,” says Jan Andersson, President and CEO of ReadSoft. “We are very pleased to have been selected after an exhaustive evaluation by this customer. The agreement is further endorsement of both our strategy and delivering in the North American market.”