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ReadSoft Showcases Financial Process Automation Solutions at Financials 2012

ReadSoft, a global document process automation provider with over 1,000 SAP Financial Departments in production today, will demonstrate how best-in-class companies are streamlining financial processes, including supplier invoices, receivables, financial postings and master data with its SAP®-certified solution applications at SAPinsider’s Financials 2012 conference in Las Vegas, Nevada, March 13-16, 2012.

Highlights at the ReadSoft booth (#900) include:
• ReadSoft’s SAP solution experts, who will be available to share best practices for accelerating invoice processing cycle times, taking advantage of discounts, strengthening your cash position, increasing A/R efficiency and more with cutting-edge solution applications from ReadSoft’s SAP Solutions Lab.
• Featured demonstrations of ReadSoft’s flagship technology, PROCESS DIRECTOR, for supplier invoice approval and other customizable workflows for automating supplier invoices, financial postings, master data and receivables – extending throughout the P2P and O2C processes.
• Fujitsu, a document imaging market leader, partnering with ReadSoft to showcase how invoices are scanned and captured for automated processing with its ReadSoft-integrated scanner technology.

Joint ReadSoft/SAP customer, Levi Strauss & Co. will present how the company achieved streamlined invoice processing in SAP on Thursday, March 15, from 8:30-9:45 AM in Room 109. Levi Strauss & Co.’s AP Manager, Amy Fine, will share how the organization transitioned from manual invoice processing to a smoother purchase-to-pay process with ReadSoft’s invoice automation solution, which has SAP-certified integration.

“Financials 2012 allows organizations to gain exposure into the latest best practices and technologies designed to help maximize existing SAP investments and improve processing efficiencies,” said Bob Fresneda, President of ReadSoft North America. ”We look forward to meeting this year’s attendees and collaborating on key, cost-saving approaches for achieving their business processing goals around SAP.”

About ReadSoft:

ReadSoft is the global leader in the development and sales of a complete product platform for Document Process Automation. With thousands of customers on a global basis, ReadSoft supports customers and partners in North America with offices in 7 locations, including the corporate headquarters in New Orleans, LA.

Established in 1991, ReadSoft was first to bring free form technology for invoice processing to market and first to achieve certifications to enterprise resource planning systems such as SAP and Oracle. ReadSoft has become the global technology leader, with operations in 16 countries and partners in an additional 70. We are proud to have the largest and most innovative development department in the industry, with professional services to assist customers and partners on a global basis. ReadSoft’s vision is to free businesses everywhere from manual document handling. For more information please visit http://www.readsoft.com.

About SAPinsider:

SAPinsider, published by WIS Publishing, is the premier source of information on products, services, and strategic initiatives coming from SAP and its partners. More than 250,000 customers in 61 countries rely annually on education and training materials from WIS Publishing to optimize their investments in SAP solutions. WIS Publishing is the publisher of SAPinsider, insiderPROFILES, and the SAPexperts knowledgebases, and is the producer of SAPinsider conferences and seminars and the Insider Learning Network. For more information, visit http://www.wispubs.com.

SAP is a registered trademark of SAP AG in Germany and several other countries. WIS Publishing is not affiliated with SAP AG or any of the SAP AG group of companies.

# # #

For more information, please contact:

Emily Toras, Marketing Manager, ReadSoft. 504.841.3205 emily.toras@readsoft.com
Bob Fresneda, President, ReadSoft North America. 504.841.0111 bob.fresneda@readsoft.com
This press release contains forward-looking statements within the meaning of the federal Private Securities Litigation Reform Act of 1995. Statements contained herein that are not statements of historical fact may be deemed to be forward-looking information. Without limiting the foregoing, references to future growth or expansion are forward-looking, and words such as "anticipates," "believes," "could," "estimate," "expect," "intend," "may," "might," "should," "will," and "would" and other forms of these words or similar words are intended to identify forward-looking information. You should read statements that contain these words carefully because they discuss our future expectations contain projections of our future results of operations or of our financial position or state other forward-looking information. There may be events in the future that we are not able to predict or control accurately, and any forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include: (i) the ability to recruit and retain qualified technical and other personnel in a highly competitive market, (ii) market acceptance of our new and future products, (iii) the growth and adoption rate of Windows NT and Windows 2000, (iv) growing competition and (v) our ability to maintain and manage our growth. For additional information regarding risk factors that could affect our future results, please refer to the discussions of "Risk Factors" in our Form 10-Q for the quarter ended June 30, 2000, filed with the SEC on August 8, 2000, and our Form S-1/A Registration Statement Amendment filed on March 9, 2000.

WIS is a publishing and training organization that supports business and IT professionals worldwide by giving them many different resources to optimize their investment in technology. Our goal is to provide the tools and information people need to be better and more productive, as well as to inspire them to continuously develop themselves professionally.

Wellesley Information Services Publications
20 Carematrix Drive
Dedham, MA 02026

Contact:
Emily Toras
Marketing Manager
ReadSoft
504.841.3205
emily.toras@readsoft.com

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