Australia: ReadSoft in deal with NSW Department of Education & Communities

Tuesday 22 April 2014 00:20 CET | News

ReadSoft, a document automation and automated invoice processing company, has unveiled that the New South Wales Department of Education and Communities, an Australian single organization, has selected ReadSoft’s SAP-certified invoice automation solution to streamline its existing invoice processing operations and enable enhanced efficiencies across its Shared Services Centre.

The contract is recurring revenue based and the Agency plans to process 4.7 million invoices over an initial term of approximately 3 years. The deal includes options that may stretch the term to 10 years. The client has agreed to an annual fee based contract based on an actual volume of invoices processed.

ReadSoft was founded in 1992 as a provider of software solutions for document process automation. ReadSoft’s software enables companies to automate document processes such as accounts payable processing, document capture, document sorting and order-to-cash.

In recent news, ReadSoft has signed a deal with a European office supplies and services company.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Australia, ReadSoft, NSW, Department, education, Communities, document, automation, automated, invoice, processing, SAP, e-invoicing, shared, services
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech