SoftCo, the fast growing global Procure-to-Pay (P2P) and Compliance technology company, today announced that SaskEnergy have chosen SoftCo to automate their complete Accounts Payable process.

SaskEnergy is the regulated supplier of natural gas in the Saskatchewan province of Canada, serving approximately 400,000 residential, commercial and industrial customers. SaskEnergy required a solution which would automate and streamline their manual AP process to eliminate lost invoices, eradicate duplicates, prevent late payment penalties, and provide them with the control and visibility to avail of early payment discounts.

SoftCo were selected by SaskEnergy following an extensive market evaluation process. SoftCo will provide SaskEnergy with full AP Automation, encompassing automated capture, matching and approval of their 75,000 annual invoices. SoftCo’s cutting-edge Automated Machine Learning (AutoML) Matching engine will ensure that SaskEnergy achieve market leading touchless processing rates, while the processing of their non-PO invoices will be accelerated through SoftCo Smart Coding & Routing technology powered by AutoML. SoftCoAP will be fully integrated with their existing ERP system, JD Edwards.

About SoftCo:

SoftCo are a fast-growing global Procure-to-Pay (P2P) and Compliance technology company. SoftCo’s smart technology with unique AutoML delivers unrivalled straight through PO invoice processing rates of 90%, ensuring industry leading ROI. With 33 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 with customers including PwC, Volkswagen, Primark, Logitech and the Finnish Government. SoftCo is ISO27001 certified, SOC 1 & 2 and Katakri audited, a Microsoft Co-Sell Certified Partner, an AWS Advanced Technology Partner, and is integrated with over 200 ERP systems.