News | October 11, 2012

ReadSoft Releases Special Report Disclosing Best Practices For AP Shared Service Centers

The free report, Best Practices for Your AP Shared Services Model, is produced by The Accounts Payable Network (TAPN) and made available by ReadSoft at http://bit.ly/SSkpQ8

The special report provides finance and information technology leaders operating accounts payable (AP) shared services with proven key process and automation practices for achieving the primary goals of the AP shared-services model: 

  • reduced costs
  • greater efficiency
  • leveraged economies of scale
  • better service

The newly released report also delivers best practices for invoice handling and AP automation that adds even further “bottom line” benefits beyond the profit gained by the primary goals of AP shared services.

“We see so many businesses that have gone through the pain of centralizing their AP department in a shared-services model, but have not realized the cost-savings and efficiencies that they aimed for by centralizing in the first place,” announced Bob Fresneda, ReadSoft North America President.  “By following the process recommendations in this report and automating those processes with the right data capture and workflow, organizations will not only realize these basic goals, but will also transition their AP shared services to value-added business partners in the organization.”   

Interested practitioners and leaders in IT, accounting and finance can download the entire report at no cost at http://bit.ly/SSkpQ8.
About The Accounts Payable Network:

The Accounts Payable Network (TAPN) is the leading accounts payable resource, serving more than 55,000 finance and accounting professionals with deep and comprehensive resource centers to help them meet today's AP challenges. As the premier resource for executives and managers who oversee accounts payable, TAPN provides access to exclusive accounts payable knowledge-bases and tool-sets to help drive down costs, increase productivity, reduce risk, avoid compliance-related penalties and maintain necessary internal controls.

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 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 more than 10,000 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.

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.

SOURCE: ReadSoft, Inc.

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