News | September 17, 2013

Chicago-Based RhinoDox Named ReadSoft Partner For Automated Invoice Processing Applications

ReadSoft is Recognized Global Leader in Automated Invoice Processing Applications

RhinoDox and ReadSoft recently announced the naming of RhinoDox as a ReadSoft Partner for automated invoice processing applications. As a ReadSoft partner, Chicago-based RhinoDox will offer customers implementation of the full suite of ReadSoft invoice processing applications.

“RhinoDox is continuously evaluating new services and solutions that will help customers gain business efficiencies, increase productivity, reduce costs and comply with government regulations,” said Justin Ullman, President of RhinoDox. “We are proud to be named a ReadSoft Partner. ReadSoft is a recognized global leader in automated invoice processing applications that is consistently included in industry analyst reports.”

“RhinoDox is a valuable addition to our growing partner network.  Capitalizing on their long history and strong presence in Chicago and surrounding areas, RhinoDox is positioned to become a major player in the AP automation and services arena with this partnership,” said Bob Fresneda, President, ReadSoft North America.

Automating invoice processing makes sense for businesses, professional practices and organizations of all sizes. The benefits of doing so are many, including:

  • Quick, automatic assimilation into existing ERP and accounting systems
  • Enhanced accuracy and lowered operational costs through elimination of manual keying of invoices and financial document
  • Faster electronic processing, routing and approval of invoices for better vendor relations
  • Notable increases in volume processing per AP processor
  • Increased visibility into invoice information gives more control, and provides better auditing   

ReadSoft invoice processing solutions automate the process of scanning, interpreting and registration of invoice data—regardless of the source. The software intelligently extracts critical information and validates it via a pre-defined set of rules. It provides a host of benefits to users, including accurate and timely invoice processing, no lost invoice or paid twice scenarios, increased opportunity for early payment discounts from suppliers, 24/7 visibility of invoice status, and  its self learning capture technology continually increases recognition capabilities.

“ReadSoft’s partners like RhinoDox can seamlessly integrate our invoice processing software into all leading ERP systems,” said Todd LeVeque, Director of Channel Sales, ReadSoft North America.   

“We based our decision to become a ReadSoft partner on the product’s vast capability, accuracy and flexibility. Being a ReadSoft partner provides RhinoDox us a wide choice in deploying solutions for customers to meet current and future needs,” Ullman said. RhinoDox is offering customers ReadSoft automated invoice processing applications in its service bureau operations for paper-based invoice scan and capture as a service via ReadSoft’s Cloud applications, and as an on-premise solution or a hybrid of the two.

About RhinoDox
Formerly Federal Record Storage, MDMC, RhinoDox is a dependable, cost-effective data management and archival supplier. In operation since 1913, RhinoDox is committed to servicing our customers placing customer service as the top priority.  RhinoDox holds strategic agreements with companies ranging from one-man offices to Fortune 500 companies and state and federal organizations. RhinoDox is a member of ARMA International, AIIM International, AHIMA and PRISM International. For more information, visit http://www.RhinoDox.com

About ReadSoft:
ReadSoft is the leading global provider of software solutions for document process automation. Founded in 1991, ReadSoft’s vision is to contribute to businesses’ success by providing the ideal software solutions for automating document driven processes. Its software enables companies of various sizes and from diverse industries to automate business processes such as accounts payable processing, purchasing, document capture, document sorting, and order to cash. The company was first to bring free form technology for invoice processing to market and first to achieve certifications with enterprise resource planning systems SAP and Oracle. Today, ReadSoft has operations in seventeen countries and on six continents and supports 8,500 companies around the globe with its automated software solutions.

ReadSoft North America supports its valued customers and partners with offices in seven locations throughout the United States, including its corporate headquarters in New Orleans, Louisiana. For more information, visit www.readsoft.com.

SOURCE: ReadSoft

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