A German insurance provider has chosen to implement ReadSoft’s product XBOUND to handle incoming data to their new document storage system. The deal was signed during the fourth quarter in 2012 and is worth 553,000 EUR and includes a five year maintenance agreement. Más abajo el resto del comunicado de prensa en inglés.

The customer is one of Germany’s biggest insurers. Together with ReadSoft the insurer wants to implement a new document storage system for their innovative archiving system with an interface to ReadSoft’s product XBOUND which provides considerable benefits in terms of process modelling, overall monitoring as well as administration and database architecture making it highly cost-effective.

The insurer must, among other things, make sure that all business relevant information is immediately stored to comply with the German laws. One significant input channel for the archiving and the storage system is processed documents via XBOUND.

The company selected ReadSoft through a competitive selection process. ReadSoft’s ability to deliver all requested product components and willingness to rapidly deploy the implementation within the requested time frame was the key for this order. The implementation will commence immediately.

“It is great to see ReadSoft again being chosen ahead of its competitors in a selection process,” says Per Åkerberg, President and CEO of ReadSoft. “This agreement is further evidence of the strength of our offering to the insurance industry where software solutions that can handle large volumes of documents are business critical.”

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