Swedish document automation and automated invoice processing company ReadSoft has inked a contract with a global company specializing in the manufacturing and sale of chemicals and polymers to offer its document automation service.
Under the terms of the deal, ReadSoft is expected to provide the company with its financial processes inside SAP to process paper and electronic invoices throughout the latter’s global accounts payable (AP) operations.
The deal is valued at USD 850,000 and was signed during Q1 2011.
In a recent and related development , ReadSoft entered a partnership with a global engineering and construction services company.