ReadSoft accelerates Porsche

The ReadSoft effect on: Porsche
Process: Accounts payable automation for SAP
Segment: Automobile
Country: Germany

German sports car manufacturer Porsche, uses ReadSoft’s software to automate their flow of paper invoices. ReadSoft’s product integrates with Porsche’s SAP R/3 workflow system and automates the time-consuming handling of hundreds of thousands of supplier invoices.

Just mentioning the name Porsche brings a twinkle in the eye of men and women of all ages. Porsche not only promises a world of experiences, they also deliver these experiences with their products and services.

Constantly looking for improvements

Being a world-leading manufacturer of sports cars and a very profitable player on the market, Porsche is constantly on the look-out for new business processes to further improve the future of the company. This strategy led them to ReadSoft’s software for automatic invoice processing. The award-winning, self-learning software which captures, interprets and verifies invoices has been installed at Porsche’s headquarters in Stuttgart.

“Truly a part of the future”

Lutz Meschke, Financial Manager at Porsche, comments on the reasons for turning to ReadSoft:

“We decided on ReadSoft due to their experience in automating a costly manual business process. Their technology will offer us substantial benefits and speed up financial processes related to the handling of Porsche’s many supplier invoices. Furthermore, ReadSoft has offered us professional and extensive services during the implementation period. This technology is truly a part of the future.”

After a thorough implementation period, Porsche is reaping the business benefits made possible by document automation. As Lutz Meschke puts it: “Keeping up with the pace of tomorrow means accelerating today.”