SoftCo are a global leader in P2P and compliance solutions. With 30 years proven experience and the smartest technology, SoftCo delivers unrivalled savings and the highest independent customer satisfaction rankings.
Seamless integration with Sage Intacct.
SoftCo Accounts Payable Automation
processes all PO and non-PO supplier invoices electronically from capture and matching to invoice approval and query management. SoftCoAP delivers Sage Intacct
customers unparalleled touchless invoice processing by incorporating unique Artificial Intelligence (AI) and Adaptive Learning technologies to minimize the number of supplier invoices that require manual intervention. The result is 89% processing savings.
SoftCo's Smart Matching engine matches invoice data to your purchase orders and goods receipt notes and automates even the most complicated matching scenarios, such as incomplete data, missing product codes, rounding issues and FX conversions. The result is 80%+ Straight Through Processing. See how Logitech are achieveing 83% Touchless Invoice Processing.
SoftCo's Smart Coding harnesses Machine Learning to analyze previously coded invoices and automatically apply the correct coding for new invoices, reducing the reliance on the AP team’s knowledge and delivering coding in seconds rather than minutes. Smart Routing technology determines the correct routing of invoices for approval, reducing the time taken to correctly route invoices by 90%.
SoftCoAP assigns your non-PO invoices to an automatic general ledger and cost center through posting templates that are associated with your vendors. Recurring invoices, such as subscriptions, leasing, rent and utilities, are automatically matched to your underlying contract PO, and SoftCoAP routes them for appropriate approval, without the need for supporting POs or GRNs.
SoftCoAP incorporates anti-fraud functionality that delivers real-world fraud prevention and monitoring. Dashboard reports deliver greater clarity and insight into real-time day-today performance through Financial and Operational KPI reports. SoftCo Advanced Analytics, powered by AWS Quicksight, tracks key trends to provide management with key insights required to manage costs, performance, and effectiveness of operations.
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SoftCo are a fast growing global Procure-to-Pay (P2P) and Compliance technology company. SoftCo’s smart technology delivers unrivalled straight through invoice processing rates of over 80%, ensuring industry leading ROI. With 30 years’ experience, SoftCo ranks highest in independent customer satisfaction surveys. Operating from the US, Finland, the UK and Ireland, SoftCo has over a million users worldwide including PwC, Volkswagen, Primark, Sunny Delight and the Finnish Government. SoftCo are SOC and ISO27001 certified, a Microsoft Gold Partner, an AWS Advanced Technology Partner integrates with over 200 ERP systems.
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