Invoice Processing and Document Classification to SharePoint ECM Market

ReadSoft and KnowledgeLake Partner to Automate Invoice Processing and Document Classification to SharePoint ECM Market

KnowledgeLake Inc. (www.knowledgelake.com), a leader in developing document imaging and capture products for Microsoft SharePoint based Enterprise Content Management (ECM) solutions, has teamed up with ReadSoft North America (www.readsoft.com), a leading provider of global document process automation solutions. Following a global search for partners, KnowledgeLake recognized ReadSoft’s advanced capture expertise as a pivotal instrument for delivering automated invoice processing and advanced document classification for SharePoint ECM to new markets. Through a strategic alliance with ReadSoft, KnowledgeLake can deliver end-to-end solutions to compete in the higher end of the marketplace.

“We immediately recognized the value of ReadSoft’s experience in the advanced capture market relative to our own growth strategy,” said Ron Cameron, Chief Executive Officer of KnowledgeLake. “Their participation in our 2010 Sales Summit only reaffirmed our initial findings as our solutions work closely together to deliver best-of-class technologies.”

“I am very excited about the real business compatibility of this partnership that results in considerable expanded value to the customers of the combined solutions,” comments Bob Fresneda, President of ReadSoft North America.