​ReadSoft has won a $US370,000 deal to deliver an accounts payable automation solution to one of the Philippines’ leading multinational conglomerates. The solution involves the processing of documents from the customer’s worldwide operations at their global shared service center in Manila.

The customer is reportedly one of South East Asia’s largest conglomerates with businesses in many different industries. To further strengthen the group’s efficiency, the customer has set up a shared services center to support its businesses worldwide.

ReadSoft’s automated accounts payable automation solution will help the customer to minimise manual processes while ensuring speedy and accurate information delivery. This boosts business process efficiency and enables timely management reporting.

Accounts payable automation will also allow staff to focus on analysis and more value added tasks that enable the customer to proactively manage and meet business needs.

ReadSoft was awarded the project after a thorough evaluation of a number of vendors. The company chose ReadSoft because of its established reputation within the accounts payable automation market.

“This is an important deal, both for its future importance as reference and for the fact that ReadSoft came out on top after a comparison with competing solutions,” comments Jan Andersson, President and CEO at ReadSoft.

“Multinational companies are one of our focus areas, and our solutions are well suited for handling the extensive requirements of such organizations. We are certain that this customer will get solid business value from our accounts payable automation solution.”