ReadSoft was a leading global provider of software solutions for document process automation, particularly known for its expertise in invoice processing, accounts payable (AP) automation, and document capture. Founded in 1991 in Sweden, ReadSoft enabled organizations to streamline document-heavy processes, reduce manual work, and improve efficiency. In 2014, ReadSoft was acquired by Kofax. Kofax itself was subsequently acquired and in May 2024, Kofax rebranded to Tungsten Automation. ReadSoft's technologies and product lines, such as ReadSoft Online and ReadSoft Invoices, continue to be key components of Tungsten Automation's intelligent automation platform, helping businesses automate financial processes and manage information more effectively.
Historically, this location served as the central hub for ReadSoft's global operations, including research and development, product management, corporate strategy, and administration prior to its acquisition.
The historical HQ was likely a modern office facility typical for a technology company, designed to foster innovation and collaboration among its employees.
As a Swedish tech company, ReadSoft likely had a work culture emphasizing innovation, flat hierarchies, work-life balance, and collaborative teamwork, common in Scandinavian business environments.
The Helsingborg headquarters was significant as the birthplace of ReadSoft's pioneering document automation technologies and the command center for its international expansion, establishing it as a market leader.
Historically, ReadSoft had a robust global presence with numerous offices and a wide network of partners across Europe, North America, South America, Asia, and Australia. This network supported sales, implementation, and customer service for its specialized document automation solutions. Since its acquisition by Kofax and the subsequent rebranding to Tungsten Automation, ReadSoft's technology and expertise have been integrated into Tungsten Automation's broader global intelligent automation platform, which supports functions like intelligent document processing, AP automation, and process orchestration worldwide.
Södra Kyrkogatan 4 (Historical)
Helsingborg
Skåne County
Sweden
Address: Historically, ReadSoft had a significant presence in Germany; specific past addresses may vary.
To cater to the strong manufacturing, automotive, and financial services sectors in Germany and neighboring countries, providing localized solutions and support.
Address: Historical office location in the APAC region; specific past addresses may vary.
To expand ReadSoft's market share in Australia and the broader APAC region, addressing demand for process automation in diverse industries.
Address: Historical office location in North America; specific past addresses may vary.
To penetrate the large North American market, focusing on enterprise clients looking to automate their financial and document-intensive processes.
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As of April 2025, ReadSoft' leadership includes:
ReadSoft has been backed by several prominent investors over the years, including:
The most significant recent development is the rebranding of Kofax to Tungsten Automation in May 2024. The existing executive leadership team largely transitioned with the rebrand, ensuring continuity. Any other executive movements would be typical for a large global technology company.
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As ReadSoft's technologies are now part of Tungsten Automation, email communications would follow Tungsten Automation's corporate email format. Common formats for technology companies like Tungsten Automation typically involve a combination of the employee's first and last name.
[first].[last]@tungstenautomation.com or [f][last]@tungstenautomation.com
Format
jane.doe@tungstenautomation.com
Example
90%
Success rate
Tungsten Automation Press Release • May 7, 2024
Kofax announced its rebrand to Tungsten Automation, marking a new chapter for the company. The change underscores its commitment to providing AI-powered workflow automation solutions and reflects its evolution into a leading global intelligent automation provider. ReadSoft's legacy technologies are a core part of this offering....more
Kofax Press Release (Historical) • September 12, 2014
Kofax Limited, a then leading provider of smart process applications, announced the completion of its acquisition of ReadSoft. This strategic move was aimed at strengthening Kofax's position in the financial process automation and document capture markets by integrating ReadSoft's advanced technologies and customer base....more
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