Accounts Payable Automation for Organizations who process more than 20,000 invoices per annum.
SoftCo Accounts Payable Automation processes all PO and non-PO invoices electronically from AI-powered capture and AI Matching through to invoice approval, query management, and payment. SoftCoAP delivers market-leading touchless automation by embedding AI across matching, coding, routing, and exception handling to minimize the number of supplier invoices requiring manual intervention, accelerating cycle times while maintaining full control and auditability.
Key Benefits:
AI-Native AP Automation Tailored to Perfection. SoftCoAP is an intelligent, end-to-end Accounts Payable automation solution that captures, matches, approves and processes all PO, non-PO and recurring invoices electronically. Seamlessly integrated with Sage Intacct, SoftCoAP embeds SoftCoAI+ across AI Capture, AI Match, AI Coding and AI Routing to dramatically reduce manual effort and deliver up to 89% processing savings.
Key Benefits:
Seamless, secure integration with Sage Intacct.
SoftCoAP processes all invoice types from AI Capture through to AI Match, approval, exception handling and payment, achieving over 90% straight-through processing. AI Capture extracts invoice data across formats with high accuracy, minimizing manual entry and errors. AI Match handles complex scenarios such as incomplete data, FX conversions and rounding differences, delivering a 38% improvement in match rates compared to standard tools. AI Coding analyzes learned invoice patterns to automatically assign accurate general ledger codes, while AI Routing dynamically progresses invoices to the correct approvers based on confidence thresholds and controls, reducing routing time by up to 89%. Recurring invoices such as rent, utilities and subscriptions are validated against underlying POs and routed automatically without requiring GRNs or additional documentation.
A built-in AI Assistant provides real-time access to AP insights through natural language queries. Users can ask questions such as total unpaid invoice value or top suppliers by invoice volume and receive immediate, actionable answers without custom reports or filters. The result is faster decisions, fewer delays and stronger control over working capital.
With over 35 years of experience and more than one million users worldwide, including PwC, Logitech, Snap-on, Primark, Sunny Delight and the Finnish Government, SoftCo delivers proven expertise across industries. The platform is certified to SOC 1 and SOC 2, ISO 27001 and SÄHKE2 standards and integrates securely with over 200 ERP systems.
SoftCoAP incorporates advanced analytics and embedded anti-fraud intelligence. Dashboards and KPI reports provide real-time visibility into invoice status, cycle times, accruals and exception rates, enabling finance leaders to monitor performance, control risk and maintain compliance with internal policies and external regulations.
Requirements:
Price:
Contact SoftCo for Pricing Information
Integration Approved Countries:
United Kingdom; United States
About:
SoftCo is a fast-growing global Procure-to-Pay and Accounts Payable automation provider. SoftCo’s AI-powered platform delivers market-leading straight-through invoice processing rates of over 90%, driving measurable ROI and cost reduction for finance teams. With more than 30 years of experience, SoftCo consistently ranks highly in independent customer satisfaction surveys. Operating across the US, Finland, the UK, and Ireland, SoftCo supports over one million users worldwide, including PwC, Volkswagen, Primark, Sunny Delight, and the Finnish Government. SoftCo is SOC and ISO 27001 certified, a Sage Intacct partner, an AWS Advanced Technology Partner, and integrates seamlessly with over 200 ERP systems.