What is Kofax ReadSoft?

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.

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.

Did Kofax acquire ReadSoft?

Lexmark Enterprise Software’s Kofax and ReadSoft businesses have been combined under the Kofax brand to create a single, newly independent Thoma Bravo portfolio company.

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.

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.

Did Microsoft buy Kofax?

Kofax Partners with Microsoft to Enhance Cloud-Based Universal Print Solution with ControlSuite.

Who is buying Kofax?

Thoma Bravo Said to Mull $3 Billion Sale of Software Firm Kofax – Bloomberg.

What is SAP ReadSoft?

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.

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.

What is the ReadSoft work cycle configuration guide?

Welcome to the ReadSoft WORK CYCLE 7.2 –SAP Configuration Guide. WORK CYCLE is the workflow component for PROCESS DIRECTOR Accounts Payable, for approving invoices. SAP users can perform these tasks inside the SAP environment. For non-SAP users, a Web Application is available.

How do I view my approved documents in work cycle?

19 WORK CYCLE 7.3 User Guide for SAP GUI and PROCESS DIRECTOR Web Application Viewing approved documents Workflow Display releases (History) You can view a list all documents that you have previously approved. • Double-click a document to view it (the current version of the document is shown).

Is there a web application available for work cycle?

For non-SAP users, a Web Application is available. This document explains how you can configure WORK CYCLE to suit the requirements of your organization. Note: This guide explains how to configure WORK CYCLE for PROCESS DIRECTOR Accounts Payable only.

How to display the PD documentstab in the work cycle web application?

In the WORK CYCLE Web Application, an additional tab called PD documentscan be displayed for members of a specific user group. In this tab, users can select and view any PROCESS DIRECTOR document, that is, not just the ones sent to these users in a workflow. WORK CYCLE 7.2 SAP Configuration Guide 30 To display the PD documentstab: 1.