Accounts Receivable Management Featured Article

South Africa's Shared Services Center will use ReadSoft Solutions for Accounts Payable

October 11, 2012

Document process automation solutions provider ReadSoft South Africa has reportedly reached an agreement with a South African governmental shared services center to provide an accounts payable automation solution worth 235,000 EUR including licenses, implementation, and maintenance. The deal was signed during the third quarter of 2012.

ReadSoft creates software that helps companies automate their document processes, including sorting documents, entering data into computers (from paper or electronic documents), matching documents against information in an ERP system and approval workflows.

According to the terms of the agreement, the shared services will use ReadSoft’s Process Director as its accounts payable solution to streamline the center’s invoice processing in SAP (News - Alert). The center has opted for further functionality with the company’s Mobile Approval solution for invoice approval via mobile phones, and the company’s Reporter solution to help improve end-to-end reporting. By automating its invoice processing seamlessly within SAP, the shared services center expects to be able to reduce overheads for supplier service, better end-to-end visibility, as well as maximized efficiency with mobile capabilities.

“We are delighted to be making an impact in the African market and notably in the government shared services sector,” said Per Åkerberg, president and CEO of ReadSoft , in a statement announcing the agreement. “We strongly believe that our solutions continue to stand out as the leading option for SAP users. It is also exciting to see this company choosing to maximize their time and cost reductions by selecting the Mobile Approval and Collector add-ons,” he added.




Edited by Brooke Neuman

Article comments powered by Disqus

Related Accounts Receivable Management Articles

FilmTrack and Intacct Form Partnership

FilmTrack, already one of the leading companies when it comes to contract and rights management solutions, announced last week that the firm has partnered with Intacct. Intacct is one of the leading providers of cloud-based financial management and accounting software. With the newly forged partnership, the two companies will be able to offer clients a seamless and integrated solution for managing intellectual property. [ Read More ]
03/30/2015

Unifund Continues Expansion with Acquisition of FRIC

Unifund Group, a debt buyer and portfolio servicer (aka debt collector), recently announced that it has finalized its acquisition of First Resolution Investment Corporation (FRIC), a provider of administrative support services. This agreement is the next step in Unifund's long-term growth plan and will enable the company to work with consumers in a more mutually-beneficial manner as well as serve its clients better and ensure that debts are adequately repaid. [ Read More ]
03/24/2015

Tallie Announces Partnership with H&R Block Small Business

Most people, when they think of H&R Block, go automatically to yearly federal taxes. H&R Block Small Business, however, does much more than help individuals with their returns; it also completes the bookkeeping, payroll, and accounting services of many burgeoning enterprises. Considering the many startups in the country, it is in the company's best interest to partner with powerful cloud-based service providers. [ Read More ]
03/24/2015

Cforia Demos Microsoft Dynamics AX Integration at Convergence 2015

Cforia Software, a provider of Order to Cash (OTC) and accounts receivable management, will demonstrate its integration with Microsoft Dynamics AX ERP at the Convergence 2015 conference in Atlanta. [ Read More ]
03/18/2015

Events

Weekly Live Demo
Contact Center Solutions

Register Today!


Weekly Live Demo
CaaS Small Center

Register Today!