The North American-based organization has selected ReadSoft’s accounts payable automation solution to streamline its invoice process in Oracle E-Business Suite for greater processing control over growing invoice volumes. The agreement is worth over 415,000 USD and was signed during the third quarter of 2012.
With accounts payable processing divisions dispersed across North America, this leading oil and gas company strived to centralize and streamline its AP (Accounts Payable) operations to accommodate for rising invoice volumes. The company was growing quickly, and in order for Accounts Payable to keep up without increasing staff and processing costs, it sought to replace its existing legacy system with a more robust, scalable, out-of-the-box AP automation platform.
The organization selected ReadSoft’s invoice automation solution due to its inherent reliability and scalability. As a solution with Oracle Validated Integration, ReadSoft’s invoice automation offering is a secure investment for organizations looking to leverage their existing Oracle E-Business Suite environments with low risk for smooth implementation cycles, future upgrades and solution maintenance. Both the company’s IT and AP departments appreciated the solution’s user-friendly interface and modern architectural framework that leverages Oracle’s Fusion Middleware.
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To learn more about the benefits of invoice automation and ReadSoft’s solutions, download a complimentary copy of a recent PayStream Advisors report that features a detailed profile on ReadSoft. Free reports can be found in PayStream’s online Research Library. Recent ReadSoft sponsored reports include:
- Data Capture for Accounts Payable: Putting the See in OCR
- Invoice & Workflow Automation Adoption 2012
- Automation Solutions for SAP