Global software solutions provider ReadSoft has signed a $440,000 deal to automate the invoice processing of a US Aerospace company.
The agreement, signed in the second quarter of 2011, aims to reduce the time consuming practice of processing invoices manually. Under the new system, invoices arriving from different locations and formats will be automatically captured and collected. An automated workflow matches them to any purchase order, which are then distributed and sent for approvals.
“We are excited and proud to work with this technology-minded company in such a way that will help achieve their business goals,” said Jan Andersson, president and CEO of ReadSoft.
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