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.
What is ReadSoft verify?
Verifying is an interactive task: you select or type field values in order to ensure the correctness of the information. When you click OK in the Verification view, you complete the verification process for that document. The document is considered “verified” and its status is set to Complete.
What is SAP ReadSoft?
Kofax ReadSoft® Process Director is your comprehensive solution for managing all document and request-driven accounts payable automation in SAP, from purchase-to-pay, to order-to-cash and record-to-report. A single portal to view, edit and direct relevant processes quickly and efficiently.
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 online?
Kofax AP Essentials, formerly known as ReadSoft Online, provides market-leading capture, extraction and validation for invoice processing. Its configurable business rules, general ledger coding and user driven approval and exception workflows are offered on Microsoft Azure.
What is ReadSoft invoice?
Kofax ReadSoft Invoices™ is an OCR and data capture platform that automates the scanning, interpreting and filing of invoice data. Whether invoices are on paper or in any electronic form, Kofax ReadSoft Invoices intelligently extracts and validates information according to pre-defined rules.
Is ReadSoft part of SAP?
Business system integration INVOICE COCKPIT is a part of ReadSoft’s invoice processing solution for SAP which works seamlessly inside SAP.
Who acquired Kofax?
Clearlake Capital and TA Associates
So to nobody’s surprise, Kofax’s owners, Thoma Bravo, announced that it had sold the company to Clearlake Capital and TA Associates this past week. At the time, the asking price was circa $3B, and something a little north of that seems to have been the final sale price.
Is Kofax part of Lexmark?
Lexmark acquired outstanding shares of Kofax Inc. for US$11 per share, or approximately US$1 billion. After the acquisition closed, Kofax Inc. combined with Perceptive Software, a subsidiary of Lexmark, to form an expanded business content and management software unit of their parent company.
What is Process Director?
Process Director is a business process automation platform that empowers citizen developers and IT teams to build business applications that automate and improve their most critical processes.
What is Kofax ReadSoft?
Is Kofax Owned by Microsoft?
Since 2017, the company has been an independent portfolio company owned by private equity firm Thoma Bravo.
Is Nuance power PDF now Kofax?
Nuance Document Imaging is Now Part of Kofax.