In addition to processing purchase requisitions and invoices, the organization will leverage ReadSoft’s solution to route procurement cards inside SAP. The agreement is worth over USD 500,000.
With ReadSoft’s automation solution, the organization is not only capable of streamlining its invoice process, but also of digitizing purchase requisitions at the start of the purchase to pay process - allowing for automatic comparisons down the line as order confirmations, delivery notes and invoices are processed.
The organization also aims to use ReadSoft’s solution module, P-Card, to process procurement card (P-Card) transactions within the same system as paper, EDI and e-invoices. By automating the handling of P-Card statements with ReadSoft, the company stands to substantially speed up the reconciliation process even further by enabling electronic approval, allocation, posting and reconciliation of these transactions in the company’s SAP system.
In recent news, ReadSoft was set to ship the next generation of its XBOUND platform with a special new tool for Windows 8 and Windows RT, Microsoft’s latest version of its Windows operating system.
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