What is ReadSoft invoice?
Kofax ReadSoft Invoices™ is an OCR and data capture platform that automates the scanning, interpreting and filing of invoice data. The extracted data is transferred to your enterprise systems where it’s accessible throughout the financial process workflow.
What is ReadSoft for SAP?
ReadSoft DOCUMENTS for Invoices can automatically verify information about vendors, orders, goods received etc against your SAP business system. At the ultimate level of automation, the invoice is automatically interpreted, verified, validated, and posted to your Accounts Payable.
What is Ebydos?
About Ebydos As an expert in business process optimization, Ebydos is specialized in automation of invoice processing in SAP. The solutions Ebydos Process Director, Ebydos Invoice Cockpit, Ebydos Web Cycle, Ebydos Web Board, Ebydos EDI Cockpit, and Ebydos Analyser are also offered.
What is ReadSoft used for?
ReadSoft is a pioneer in Purchase-to-Pay automation. The software solutions focus on the Purchase-to-Pay, Order-to-Cash, and Record-to-Report processes. The software is part of Kofax and is the cornerstone of the Financial Process Automation portfolio.
Who owns ReadSoft?
Thoma Bravo
In July 2017, private equity and growth capital firm Thoma Bravo acquired and combined ReadSoft, Kofax, and Perceptive Software into an independent portfolio company named Kofax.
What is ReadSoft process director?
ReadSoft Process Director is a unified platform for automating financial processes in SAP. It manages document and request-driven processes in SAP and is fully integrated and purpose-built for SAP. The solution enables a business to maximize its use of SAP and resides inside the SAP platform and user interface.
Is ReadSoft part of SAP?
PROCESS DIRECTOR 7.2, ReadSoft’s solution for automated business processes in SAP®, has been certified by the SAP Integration and Certification Center (SAP ICC) as “SAP Certified – Integration with Applications on SAP HANA”.
Is SAP a ReadSoft?
What is Process Director?
Process Director is a SAP certified solution, addresses the ongoing effort of SAP organizations to streamline and optimize document-driven and request-driven processes inside SAP, resulting in dramatic reduction of cost and high ROI. Easily handle processes which can be cumbersome in SAP standard.
Did Microsoft buy Kofax?
Kofax Partners with Microsoft to Enhance Cloud-Based Universal Print Solution with ControlSuite.
Does Hyland own Kofax?
Hyland and Kofax are now both operating independent organizations operating under Thoma Bravo’s ownership. For Kofax, this means returning to an independent company in this space.
When did ReadSoft merge with ebydos AG?
In 2006 ReadSoft merged with Ebydos AG from Frankfurt am Main, Germany a dedicated SAP Specialist Team that developed the Process Director, formerly known as Invoice Cockpit Suite. ReadSoft maintained other than SAP also Oracle competency/development centers which provided integrated solutions for companies with SAP and Oracle systems.
What does ReadSoft stand for in invoice specialist?
ReadSoft has been regarded as an “AP invoice specialist” – AP is a common abbreviation of Accounts Payable-by Gartner, an independent information technology research and advisory company.
What do you need to know about ReadSoft?
ReadSoft: Business simplified. ReadSoft’s business process automation applications handle most document types – whether it’s an invoice, an order, a claim, or any other paper or electronic form – enabling businesses to fully control the processing of business-critical document data from a single platform.
When did Kofax and ReadSoft become a company?
In July 2017, private equity and growth capital firm Thoma Bravo acquired and combined ReadSoft, Kofax, and Perceptive Software into an independent portfolio company named Kofax. ReadSoft’s specialties included accounts payable automation, accounts receivable automation, sales order processing, and digital mailroom solutions.