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

Pic: Shutterstock

Textiles | On 5th Aug 2021

US manufacturing activity grows in Jul; textile mills report fall: ISM

Economic activity in the US manufacturing sector grew in July, with...

Pic: Shutterstock

Textiles | On 5th Aug 2021

UK inflation to hit 3.9% in early 2022, 2% in 2023, predicts NIESR

UK consumer price inflation will reach 3.9 per cent early next year,...

Pic: Shutterstock

Retail | On 5th Aug 2021

Walmart again ranked largest firm by revenue, Amazon 3rd: Fortune

Walmart has been again ranked the largest company in the world by...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Main challenges are breakdown of supply chain and shrinkage of manpower

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Harleen Kaur,

Harleen Kaur

Established in 2017 and headquartered New York, the label Harleen Kaur...

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

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

Leave your Comments


July 2021

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


Advanced Search