Home / Knowledge / News / Information Technology / Leading apparel company expands use of ReadSoft's Invoice
Leading apparel company expands use of ReadSoft's Invoice
30
Dec '10
A world-leading American apparel company has chosen to expand its use of ReadSoft's invoice automation software to its European branch. The new invoice automation agreement is worth 280,000 USD.

The customer has already been processing tens of thousands of invoices with ReadSoft's SAP-certified invoice automation solution at its North American shared service center. The company is now expanding the solution to cover tens of thousands of its European invoices per year. The invoice automation solution is end-to-end, from arrival to posting, and is seamlessly integrated with the customer's SAP system. ReadSoft, with thousands of references worldwide, was deemed the market leader within the SAP segment by the customer, providing the most complete invoice automation solution based on best practices.

The invoice automation solution will be physically located at the company's global data center in the US and will be accessible by its European accounts payable center. A solution partner will execute the invoice capture and OCR implementations while the rest of the installation will be handled by the company internally.

“We are pleased to see this organization maximizing its investment and expanding its invoice processing initiative to the European region,” says Jan Andersson, CEO of ReadSoft. “This ultimately shows that ReadSoft's solutions are modular and capable of managing the diverse and complex international environment. We look forward to working continuously with this client to provide the most efficient invoice automation solutions and services.”

ReadSoft AB

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search