UK Oracle User Group

ReadSoft signs strategic contract with one of the world’s largest outsourcing companies

5 April 2012

ReadSoft, the global leader in Document Process Automation solutions, has been chosen – after a highly competitive global selection process – to provide finance and administration (F&A) process automation solutions for one of the world’s largest F&A outsourcing companies.

ReadSoft’s ability to handle complex financial documents, combined with its ease of integration and labour savings on a global scale were the key selection criteria. This combined perfectly with ReadSoft’s extensive business process automation knowledge, built with over more than 20 years of experience.
The long term agreement provides an environment for driving down operational costs, reducing financial cycle times and providing automation for millions of financial documents in many Fortune 500 clients around the world.
With thousands of references worldwide, ReadSoft pioneers document processing, providing continuous market leading technological innovation. Impressed with this best practice approach, the world-leading Business Process Outsourcing (BPO) organisation has chosen to invest in ReadSoft’s experience as well as their financial document automation solutions.
“As a global provider of document process automation for over twenty years, ReadSoft has earned the reputation as a trusted advisor,” says Simon Shorthose, Managing Director of ReadSoft UK. “We are able to introduce the latest techniques for automating financial processes and best practice to this major player. We embrace the opportunity to help this company achieve success in their vision,” finishes Simon Shorthose.
“This selection demonstrates our ability to meet the complex high volume needs of the major F&A outsourcing companies who have many customers handling high volumes of financial transactions.  ReadSoft is committed to delivering greater Purchase to Pay (P2P) and Order to Cash (O2C) business process automation in major financial systems like SAP, Oracle and other leading ERPs,” says Per Åkerberg, President and CEO of ReadSoft AB. “In addition, this major new win extends our footprint in the global BPO market,” finishes Per Åkerberg.
Find out more about ReadSoft here.