ReadSoft to debut latest release of PROCESS DIRECTOR at SAPPHIRE NOW/ASUG 2014

ReadSoft, a leading global provider of SAP business process applications, offers
SAP users a first opportunity to achieve groundbreaking consolidation and
unification of SAP systems, enhanced accessibility through a mobile ReadSoft
app, and the competitive advantage of a value-added supplier portal with the
release of PROCESS DIRECTOR 7.3 at the SAPPHIRE NOW/ASUG Annual Conference at
the Orange County Convention Center in Orlando, Florida, USA, June 3-5, 2014.

ReadSoft PROCESS DIRECTOR is certified by SAP for HANA and is the most widely
implemented Accounts Payable (AP) automation solution for SAP. It works inside
SAP and provides a start-to-finish business solution for automated invoice
approval, customer order processing, delivery note handling, journal entry
handling, and more. Key benefits and capabilities of the latest solution release
include:


  · Remarkable consolidation: SAP users can now process all invoices from a
single point of entry, regardless of the number of SAP backend systems in use.
There is no need to log on to different systems as all invoice processing steps,
including check, post, attachment display, and start workflow can be handled
from a central worklist.

  · Instant mobile access: New ReadSoft mobile app allows users to perform
workflow activities on an iPhone, Android, Windows or Blackberry device. Review
and approve incoming invoices, manage exception handling and workflow routing,
and use a device camera to upload and attach images—anytime, anywhere.
  · New supplier portal: SAP organizations can reduce supplier inquiries and
improve supplier relations with this new offering, which suppliers use to flip
purchase orders to invoices, add notes and attachments enter invoices directly
into the system, and check invoice status at any time.

Conference attendees interested in optimizing their SAP business processes
through automation are encouraged to view the functionality of the new PROCESS
DIRECTOR 7.3 at the ReadSoft booth (#265). Additionally, ReadSoft will team up
with its customer, Sappi Fine Paper, in a unique, intimate microforum discussion
to give a first-hand account of how Sappi holistically expanded upon its AP
automation implementation by automating sales order and delivery note processing
with ReadSoft. SAP customers who would like to learn the benefits of extending
automation beyond AP can join the discussion, “Think Big: How Process Automation
Spans Multiple Business Lines at Sappi Fine Paper,” on Wednesday, June 4, from
9:00-9:45 AM at the Line of Business Campus.
“PROCESS DIRECTOR 7.3 is a robust solution release and exciting step forward in
our long-standing partnership with the SAP community,” said Björn Karlsson,
ReadSoft Executive Vice President, Product Management and Senior Vice President,
Labs. “By standardizing these value-added offerings inside of our signature SAP
solution, we have answered our customers and the market. The enhanced
flexibility and scalability of the solution helps SAP customers reduce costs and
improve service to their clients, both inside and outside of their companies.”
Per Åkerberg, President and CEO of ReadSoft, said, “We are confident that with
PROCESS DIRECTOR 7.3 we have the best value proposition in our industry for SAP
customers and are eager to share this latest release among the esteemed
SAPPHIRE/ASUG community. More customers streamline AP automation using ReadSoft
than any other technology, and now they can use the same proven solution to
achieve an even stronger ROI on their SAP investments.”
This is information of the type that ReadSoft AB (publ) is obligated to disclose
in accordance with the Swedish Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for publication on May
20, 2014 at 13:00 CET.

For additional information, please contact
ReadSoft
AB

Johan Holmqvist, Vice President Corporate Communications
Phone: +46 708 37 66 77
Email: johan.holmqvist@readsoft.com

About ReadSoft. ReadSoft simplifies business for organizations of all sizes with
applications for business processes such as accounts payable
automation (http://www.readsoft.com/solutions/by-department/accounts-payable
-automation), accounts receivable (http://www.readsoft.com/solutions/automation
-for-sap/accounts-receivable), sales order
processing (http://www.readsoft.com/solutions/automation-for-sap/sales-order
-processing-sap), and multichannel mailroom
automation. (http://www.readsoft.com/solutions/document-process
-automation/mailroom-automation) Its on-premises and cloud document process
automation solutions (http://www.readsoft.com/solutions/document-process
-automation/mailroom-automation) enable some of the world’s largest corporations
as well as small and medium businesses to compete and thrive in today’s
environment by improving customer and supplier satisfaction, increasing
operating efficiency, and providing greater visibility into business processes.
ReadSoft is the world’s number one choice for invoice processing
automation (http://www.readsoft.com/solutions/document-process
-automation/invoice-processing), and its applications integrate seamlessly with
ERP systems from SAP (http://www.readsoft.com/solutions/automation-for-sap/sales
-order-processing-sap), Oracle (http://www.readsoft.com/solutions/automation-for
-oracle-e-business-suite), Microsoft (http://www.readsoft.com/solutions/document
-process-automation/invoice-processing-for-microsoft-dynamics), as well as with
many other business systems. Since 1991, the company has grown into a worldwide
group, delivering industry expertise and support in 17 countries on six
continents through its local and global partner network. ReadSoft is
headquartered in Helsingborg, Sweden, and its share is traded on the NASDAQ OMX
Stockholm’s Small Cap list. Visit www.readsoft.com.