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Korellus ERP Partners with ReadSoft to Deliver Significant Productivity Gains and cost reductions in critical Document Processing

Announcement posted by ComOps 07 Dec 2012

Korellus ERP, a ComOps Limited company, and leading Australasian provider of Enterprise Resource Planning & Business Process Automation solutions, has today announced a strategic partnership with ReadSoft, creators of the world’s most widely used invoice processing solution.

Combining the powerful Readsoft automation data capture facility with Korellus ERP allows information from business documents to be captured automatically, without the need for manual data entry. Korellus’ powerful workflow engine can then pick out pertinent data from documents such as accounts payable invoices and electronically send that information to the relevant person for approval.

The new solution will allow companies to automate their document flow, resulting in substantial data entry cost reductions, faster response times, and better overall workflow control.

Korellus’ combined automated data capture and workflow solution makes it possible to dramatically reduce the manual document handling for any type of information, from HR documents and timesheets to invoices.

Further gains in control of received and invoiced goods, along with time savings from automatic purchase order matching, automatic posting of invoices, enhanced security, less manual work, shorter processing time, decreased total cost for supplier handling, and early notification of errors are also just some of the benefits that this world leading solution can provide. Improved visibility of day-to-day financial status information used to make important business decisions and substantial savings in valuable time at the end of every month, quarter, and year will also make an enormous difference to the bottom line of users of the new Korellus solution.  

Frank Volckmar, Managing Director – ReadSoft Oceania says, “Every company, irrespective of its size, wants to better manage and reduce the costs associated with invoice processing.  We are pleased to be working with Korellus ERP and look forward to assisting businesses streamline their invoice processes and improve business performance.”

Daniel Sheahan, CEO Korellus ERP added: “We are pleased to be partnering with ReadSoft, the leader in automated data capture. The integration of ReadSoft into our ERP solutions will allow our clients to benefit from even greater savings and business efficiencies through faster, less expensive document processing and increased productivity. “

 

About Korellus

Organisations today recognise the value of technology and modernising their processes to gain competitive advantages. Korellus ERP, a ComOps company, is focused on solving real business challenges with robust, practical and innovative solutions. Whether an organisation needs solutions to help it run, grow or transform, Korellus ERP combines both IT and industry expertise to deliver best of breed solutions.

From reporting and financial transactions, through to online and remote sales, Korellus ERP encompasses Enterprise Resource Planning (ERP), Point-Of-Sale (POS), Field Automation, Business Process Management and Business Intelligence to help business run faster and smarter. Offering flexibility in implementation, clients have the choice of on-premise installations or cloud based offerings.

Throughout its 40 year history of servicing the Transport and logistics, Manufacturing, Distribution & Wholesale, Services, Retail, FMCG, Mining, Heavy Industry, Healthcare and Government industries, Korellus ERP has been providing integrated solutions to create efficiencies and empower businesses to make smarter, more informed decisions.

 

About Readsoft

ReadSoft is the global leader in the development and sales of software solutions for Document Process Automation. 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. ReadSoft has become the global technology leader, with operations in 16 countries, and partners in an additional 70. ReadSoft pride themselves on having 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.