2009-08-05 10:16:01 -

London, August , 05, 2009

ReadSoft has received an order worth approximately €200,000 from a
global leader in chemical production and development. The solution by
ReadSoft will automate and optimize the accounts payable processing
and will also integrate with the customer's existing SAP system.


The decision to automate its accounts payable (AP) processing is
mainly driven by the increased pressure to reduce costs and optimize
resources. With the increasing invoice volumes as the company grows,
the case for AP automation by utilizing ReadSoft's imaging and
workflow solution becomes even stronger.

After a thorough benchmark of the available solutions on the market,
the company decided to invest in ReadSoft's accounts payable solution
for SAP due to its proven success in the global market. The solution
is 100% integrated with SAP. It works inside the SAP system using its
existing functionalities and environment, minimizing the needs for
users to relearn a whole new system.

ReadSoft's solution will automatically scan, interpret, and
distribute incoming invoices integrated with the existing SAP system,
eliminating physical movement of paper-based invoices.



For additional information please contact:
ReadSoft AB
Jan Andersson, CEO, ReadSoft

Phone: +46 708 - 37 66
00
Jonna Opitz, Vice President, Corporate
Communications
Phone: +46 733 - 37 86
68
jonna.opitz@readsoft.com

About ReadSoft
ReadSoft is a leading global provider of software solutions for
Document Automation. ReadSoft's software enables companies to
automate document processes such as data entry, classification, ERP
matching, workflows, e-invoicing etc. The results are faster and less
expensive document processing, and increased control. ReadSoft is by
far the world's number one choice for invoice automation solutions.
Specialized solution labs for SAP, Oracle, Microsoft and Capture
processes ensure cutting edge solutions with great customer value.
Since the start in 1991, ReadSoft has grown to a worldwide group with
operations in 16 countries on five 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 Nordic
Exchange Small Cap list. For more information about ReadSoft, please
visit www.readsoft.com.

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