A renowned manufacturer of health care products has selected ReadSoft’s SAP® -certified invoice automation solution to attain improved control and greater visibility over its manual invoice process. The agreement is worth over 1.0 MUSD and was signed in the fourth quarter of 2013. Relying heavily on 3rd party establishments for scanning and manual input of incoming invoices combined with a high risk for duplicate payments, margin for error and time spent on manually processing its high volume of invoices was not effective for the company. Seeking to standardize its AP process and decrease the need for 3rd party resources, the organization decided to automate its AP operations inside its SAP enterprise resource planning (ERP) system. It was also critical to find a solution that had multi-language capability. A comprehensive vendor search revealed ReadSoft’s strength in the marketplace because of its solid integration into SAP and extensive experience with successful SAP automation implementations. With the selection of ReadSoft’s invoice automation solution, the company will have real-time visibility and gain better control over its AP process. This will allow the organization to achieve best-in-class industry standards and improve its vendor relationships. ”Organizations who recognize the need to standardize their accounts payable operations throughout the company are achieving significant cost savings and gaining efficiencies through automation.” says Per Åkerberg, President and CEO of ReadSoft. “We look forward to playing an important role in the success of this customer as they propel their AP process forward.” Within this press release, ReadSoft’s customer in the transaction or co -operation is not mentioned by name. This is due to the fact that they have requested to remain anonymous. This is information of the type that ReadSoft AB (publ) is obligated to disclose in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on January 2, 2014 at 11.30 CET. For additional information, please contact ReadSoft AB Johan Holmqvist, Vice President Corporate Communications Phone: +46 708 37 66 77 Email: johan.holmqvist@readsoft.com About ReadSoft ReadSoft is a leading global provider of applications for automating business processes in the cloud (http://www.readsoft.com/solutions/document -processing/capture-in-the-cloud)or on premise. ReadSoft is by far the world’s number one choice for invoice processing automation (http://www.readsoft.com/solutions/document-processing/invoice -processing), especially into business systems from SAP (http://www.readsoft.com/solutions/automation-for-sap) and Oracle (http://www.readsoft.com/solutions/automation-for-oracle). ReadSoft’s software enables companies to automate document processes such as accounts payable processing (http://www.readsoft.com/solutions/by-department/accounts -payable), and mailroom automation (http://www.readsoft.com/solutions/document -processing/mailroom-automation). Since the start in 1991, ReadSoft has grown to a worldwide group with operations in 17 countries on six continents and a network of local and global partners. The head office is located in Helsingborg, Sweden, and the ReadSoft share is traded on the NASDAQ OMX Stockholm's Small Cap list. For more information about ReadSoft, please visit www.readsoft.com
Global Pharmaceutical Company selects ReadSoft’s invoice
Top 10 Most Recent News Articles
Bio-Thera's New Data: A Game Changer for NSCLC?
A Fresh Look at Lung Cancer Solutions There's fresh meat on the oncology block, with Bio-Thera Solutions swinging for the fences at ESMO 2026, spotlighting promising Phase 2 clinical data for their combo treatment in first-line non-small cell lung cancer (NSCLC). If you're tuned into the biopharmaceutical sector or just keeping tabs on global health romps, this news sets...
Continue Reading
Steady Income Boosts FHLBank Boston's Growth Q3 2026
The Federal Home Loan Bank of Boston dropped their third-quarter results for 2026 like a hot smokestack, and let me tell you, it's a mixed bag of cautious optimism and steady progression. It's essentially proof that slow and steady might just win the race—or at least keep you in the running. Stable and Steady Headway Taking a peek under the hood, FHLBank Boston made a...
Continue Reading
Salus Scientific Pioneers Safety at TCT 2026
Revolutionizing Occupational Safety in Healthcare Radiation exposure in the medical field: the dull, ominous toll it takes on healthcare professionals, often cloaked in acceptance as a mere occupational hazard. But here's Salus Scientific crashing into the party at TCT 2026 like a seasoned rockstar, demanding we stop accepting the dangers of fluoroscopy-guided procedures...
Continue Reading
CobbleStone Partners with Hatch: Impact on CLM Success
Seeing CobbleStone Software team up with Hatch Advisory feels like stumbling across an old pal leading a promising venture down the innovation road. This partnership isn't just another handshaking ceremony—it's a real shift for the tech-adoption space, especially in the contract lifecycle management (CLM) domain, where CobbleStone already has quite the footprint....
Continue Reading
Coastal’s Class Action: Credit Missteps Lead to 43% Drop
Coastal's Big Misstep: A Costly Setback Hey, when a stock drops like a rock on negative news, it's a sign for those on the sidelines to take note. Coastal Financial Corporation, known by its ticker NASDAQ: CCB, felt the hard slap of market reality when a single-day nosedive shaved off a hefty 43% of its stock value. It's all thanks to a whopper of a securities class...
Continue Reading
BOB Raises $5.5M for AI Banking Platform Revolution
Cracking the Code of Small Business Finance BOB, a Miami hotshot aiming to be more than just another fintech flash in the pan, has wrangled a sweet $5.5 million in seed capital. They're shaking hands with big names like Peter Thiel and the mastermind behind Plaid, Zak Perret, through Mischief Ventures. The plan? To build an AI-powered finance savior for small businesses...
Continue Reading
Beyond The Bounce Expands with Pro Pickleball Star
Pickleball's Power Play: The Media Move Out of the blue, the world of niche sports finds its hub. Beyond The Bounce steps up to the plate by roping in pickleball’s own Zane Navratil. The hype’s not in the spin here—this is serious business. The company plans to push the boundaries of the sport into mainstream media, or at least give it a decent shot. Zane Navratil:...
Continue Reading
VoxNexus Debuts On-Device AI: A Game-Changer for Languages
VoxNexus Changes the Game with VoxEdge Here's the rub with tech: it often feels like it's only for the folks who already have a leg up. VoxNexus just flipped the script with its new product, VoxEdge, an on-device voice stack that's making waves by breaking language barriers in the ever-evolving AI world. This move might just shift the landscape of voice artificial...
Continue Reading
Paolo Moretti: New CEO Steering RINA's Dynamic Course
Leadership Shift in the Heart of RINA Today's news is a hefty dose of strategic sea change over at RINA S.p.A., where Paolo Moretti's been handed the reins as the new Group Chief Executive Officer. Now, if you haven't been following, RINA's been riding a serious wave—revenues have more than doubled in a neat five-year streak, claiming over a billion euros. So, what we...
Continue Reading
Taiwan Fuses Ancient TCM with Modern Bio Tech in 2026
The Dynamic Fusion of Heritage and Innovation When you think about it, mixing centuries-old herbal wisdom with today's cutting-edge biotech might sound like a plot twist, but that's exactly what's cooking in Taiwan. Over at SupplySide Global 2026 in Las Vegas, Taiwan's got something more than just traditional medicine to flaunt; it's showcasing an impressive fusion of...
Continue ReadingTop 5 Most Recently Viewed Articles
Discover the Magical Harry Potter™ Pinball Experience
Unveiling the Harry Potter™ Pinball Experience Jersey Jack Pinball has partnered with Warner Bros. Discovery Global Consumer Products to introduce a remarkable innovation that is setting pinball enthusiasts abuzz. The Harry Potter™ Pinball is not just another pinball machine; it is a collector's treasure crafted with extraordinary attention to detail, designed for...
Continue Reading
Exploring the Bright Future of the PCBA Market Landscape
Understanding the Future of the PCBA Market The Printed Circuit Board Assembly (PCBA) market is set for remarkable growth, expected to reach an estimated $147.5 billion by 2035. This increase marks a significant rise from approximately $90.91 billion projected for 2025, showcasing a promising CAGR of 4.7% over the decade. Such opportunities in the PCBA market arise...
Continue Reading
Transforming Businesses: Hyperlink InfoSystem at GITEX Europe 2025
Transforming Businesses: Hyperlink InfoSystem at GITEX Europe 2025 Get ready for a technological revolution with Hyperlink InfoSystem's participation in GITEX Europe 2025. This exciting event is poised to light up the tech scene in Berlin, with innovation and fresh ideas at its core. With over 1,400 exhibitors and a burgeoning tech community, this summit offers a platform...
Continue Reading
Verizon and AST Push Boundaries with Satellite Video Call
Verizon Breaks New Ground with Satellite Video Call In a groundbreaking achievement, Verizon has successfully conducted a video call between two mobile devices, where one device utilized satellite technology while the other maintained a connection through Verizon's robust terrestrial network. This milestone demonstrates the incredible versatility and coverage of Verizon's...
Continue Reading
Key Speakers Eric Trump and Asher Genoot Set for Consensus 2025
Exciting Developments for American Bitcoin at Consensus 2025 Consensus 2025 is shaping up to be a monumental event for the crypto, blockchain, and AI sectors, and among its highlights are keynote speakers Eric Trump and Asher Genoot. They are set to make their inaugural on-stage presentation regarding their new venture, American Bitcoin. This appearance marks a...
Continue Reading