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A solution for intelligent scanning, handling and approvals for supplier invoices

A solution for intelligent scanning, handling and approvals for supplier invoices. September 20, 2007. Why ReadSoft’s InvoiceIT. In today’s competitive market customers require document automation, flexibility and cost reductions beyond what their ERP can provide.

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A solution for intelligent scanning, handling and approvals for supplier invoices

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  1. A solution for intelligent scanning, handling and approvals for supplier invoices September 20, 2007

  2. Why ReadSoft’s InvoiceIT In today’s competitive market customers require document automation, flexibility and cost reductions beyond what their ERP can provide ReadSoft can help you go further with Oracle E-Business Suite

  3. Do you remember why you selected Oracle and the E-Business Suite ? • State-of-the-art technology stack – Built to work together or separately but together they are fully integrated. No unequal upgrades – coherence from top to bottom. • Open data structure • Future proof technology– Continuous upgrades and new functionality

  4. Do you remember why you selected Oracle and the E-Business Suite ? • Flexibility– no need for coding/customization, changeable without re-implementing • Staying Power– long term value • Complete Suite– covers every aspect of your business • Low Total-Cost-of-Ownership

  5. ReadSoft’s InvoiceIT is the only integrated, end-to-end scalable solution for handling supplier invoices…and it extends the value of the Oracle E-Business Suite with the lowest total cost of ownership. • Runs inside the Oracle E-Business Suite • Re-uses the set-up already there • Does not require any integration or customization • Can be implemented in less than 2 months • Is the only one certified by Oracle Corp. • Gives you ROI in weeks – not months

  6. Supplier Supplier Paper Scanning PDF Capture & understand Business process Approval & accounting Archive Payment FAX Company Invoice Non-PO Invoice PO Invoice Data hub e-Invoice

  7. With ReadSoft • All data is kept in one place – the Oracle database • You still have all your financial information in one place • No integration needed • Uses existing e-Business Suite rules, set-up and functions • 100% secure approval • No integration to maintain • No effect on your existing e-Business Suite, support or ability to upgrade • Always able to view the image of the invoice at any step in the process • Full history of all processes – fulfils all auditor requirements

  8. Improvements in the following areas • No more typing and entering of data • No manual handling of paper and physical forwarding • Filing and retrieval • PO invoices can be matched automatically • Total overview and control

  9. LiveDemonstration is available upon request Contact Robert Marsh, EchoVera (403) 249-3143 robert.marsh@echovera.com

  10. A Customer Story • 12 Locations • 1,000+ approvers • 80,000 supplier invoices per year • Process time 30+ days • 5% of received supplier invoices disappear during the approval process • Average cost of manual handling one invoice US$135 With InvoiceIT they saved US $5.8 M the first year

  11. ReadSoft Customer Sampling

  12. Partners Global representation … Head Office Subsidiaries

  13. … with highly competitive backing • Global market leader • The industry’s largest development group • Local high quality support in 70+ countries • Thousands of installations worldwide • All industry standards adopted • Publicly traded

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