SoftCo

SoftCo

3 Reviews

What is SoftCo?

SoftCo deliver powerful, innovative financial process automation solutions that increase productivity, reduce costs, and ensure organizations meet compliance obligations. SoftCo’s technology automates Procure-to-Pay, Accounts Payable, Vendor Management, eBilling and Contract Management processes. Our solutions are built on a common platform, SoftCo10, ensuring that as our customers expand they can seamlessly grow on the SoftCo ecosystem.

SoftCo are a global organization with 1 million business users worldwide across all industry sectors. Our DNA is Procure-to-Pay. We build our smart technology with this domain knowledge delivering fast, straight through and touchless processing. Our ethos is to understand our customers’ businesses, the challenges they face, and deliver solutions to meet and go beyond their expectations. We are SOC1 & SOC2 Audited, ISO 27001 and SÄHKE2 certified, a Microsoft Gold Partner and an AWS Advanced Technology Partner.

Our Expertise

Our proven solutions are based on over 30 years’ specialized knowledge in automating financial processes utilizing industry best practices. SoftCo projects succeed because of this wealth of expertise, combined with the flexibility and configurability of our software, which integrates seamlessly with any ERP system.

We uniquely maintain full ownership over every project, from inception through to deployment and go live, ensuring our solutions meet our customer’s needs. This approach and the experience of our team is why we believe customers forge long-term partnerships with SoftCo.

Serchen Index

71.00
122
Employees
3
Reviews
2,384
Followers
N/A
Likes

SoftCo Key Features

AP Automation

P2P Automation

Unrivalled Straight Through Processing

Contract Compliance

89% Cost Reduction

100% Visibility & Control

90% Lower Approval Time

70% Less Supplier Queries

Seamless ERP integration

What is SoftCo?


Countries SoftCo Services Available In

  • United States
  • UK
  • Ireland
  • Nordics

SoftCo Product Details

SoftCo Procure-to-Pay structures, streamlines, and automates your entire finance process from procurement to invoice automation and payment posting to your finance or ERP system. SoftCo’s Procure-to-Pay solution is truly global, handling multiple entities and multiple currencies in multiple languages. It eliminates maverick spending and delivers efficiencies, cost savings and 100% visibility & control over the entire procurement process.

SoftCo eProcurement software ensures a quick and efficient purchasing process for all operational spend, in full compliance with your organization’s procurement policies.

SoftCo Accounts Payable Automation processes all PO and non-PO supplier invoices electronically from capture, through matching, invoice approval and query management. SoftCo Accounts Payable Automation delivers unparalleled touchless invoice processing resulting in 90% cost savings.

SoftCo Vendor Management delivers the benefits of working efficiently with preferred vendors. Purchasing is optimized, costs reduced, administration eliminated and compliance obligations are met.

SoftCo Contract Compliance is tightly integrated with all SoftCo Procure-to-Pay modules and manages the request, purchase and control of contract based spend within the eProcurement platform and facilitates contract and invoice matching within the SoftCo Accounts Payable solution.

Our Clients

SoftCo works with customers from across the globe and every industry sector. We have gathered a few success stories from just some of those customers who have transformed their P2P processes. If you have any questions or would like more information, please contact us. Some of our clients include: the Finnish Government, Logitech, Volkswagen, SunnyD, Patagonia, PWC, and Primark.


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SoftCo Reviews

5.0

Excellent!

3 Reviews

Last reviewed on
20 June 2022

What do you think?

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Saturday, June 18, 2022

Moved from paper based to online PO's with significant reduction in staff levels in purchase ledger and almost 100% compliance with payment terms. Much better control of release of payment runs.

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Monday, April 25, 2022

We implemented an AP automation solution to avoid hiring a second AP person. We chose SoftCo because of it's functionality and straightforward user interface.

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Wednesday, January 5, 2022

We automated what is traditionally a heavily paper based and manual process through the implementation of user friendly software. All actions are now taken electronically and there is no paper in sight.
We improved the process with the introduction of a pre-approval step so costs are more easily controlled and budget holder awareness is guaranteed before any commitment to spend. Our AP team now spend more time managing supplier accounts through the review of statements and significantly less time manually processing invoices.

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