ReadSoft signs invoice and document automation agreement

ReadSoft signs invoice and document automation agreement with global
BPO-organization worth 520,000 EUR

A world-leading BPO-organization (Business Process Outsourcing) seeking
a more efficient invoice and document automation process has turned to
ReadSoft. In an agreement signed during the first quarter of 2011, worth
an initial 520,000 EUR, ReadSoft's document automation is to be deployed
throughout Europe via a UK data centre.

The company, a leading global solutions provider with a recognised
heritage in customer focused technical excellence and strong corporate
social responsibility, built a business case for document automation in
the UK, defining core requirements with the help of ReadSoft.  The
overall agreement covers the range of ReadSoft's offerings across
multiple document types, including purchase-to-pay automation,
order-to-cash, and HR-document processes and workflows.
With thousands of references worldwide, ReadSoft pioneers document
processing, providing continuous market leading technological
innovation. Impressed with its best practice approach, this
world-leading BPO organisation has chosen to invest in ReadSoft's
invoice and document automation solution.
“As a leading global provider of document process automation ReadSoft
has won this agreement against tough competition from other players,”
says Jan Andersson, President and CEO at ReadSoft. “We are able to
introduce the latest techniques for accounts payable automation best
practice to this customer's European operation. We embrace the
opportunity to help this company achieve success for its vision.”
This information is such that ReadSoft AB (publ) is to publish in
accordance with the Swedish Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for publication
on March 30, 2011 at 2.00pm CET.

For additional information, please contact
ReadSoft
AB                                                                      
                                  
Jan Andersson, President and
CEO                                             
Phone: 46 708 37 66 00
Johan Holmqvist, Vice President, Corporate Communications
Phone: 46 708 37 66 77
Email: johan.holmqvist@readsoft.com (johan.holmqvist@readsoft.com)
ReadSoft signs invoice and document automation agreement with global BPO-organization worth 520,000 EUR

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