SoftCo is delighted to announce that it is the exclusive sponsor of the Institute of Financial Operations & Leadership’s (IFOL) “Leading Finance Transformation” month in May.
With headquarters in London, Florida and located regionally in Toronto, IFOL is a professional organization committed to advancing the success of their 30,000 active Financial Operations professional members and their organizations from over 14 countries.
Each month the IFOL highlights and educates its members on a relevant topic. For the month of May the topic being highlighting is “Leading Finance Transformation”. In March of this year, IFOL reported that in the USA and Canada 64% of finance teams are still working with outdated processes. In this same study, when asked specifically about their most manual processes, AP processes were top of their list.
During the month IFOL and SoftCo will be releasing the results of a recent Finance Leadership Research Study and hosting a webinar on May 25th on the topic of Digital Transformation Trends 2022 among other activities. For more information on all the activities please see the Institute of Financial Operations & Leadership (IFOL) website.
Commenting, Adam McDonagh, SoftCo VP Sales North America said
“Accounts Payable is such a critical finance function. All too often we see the issues that poor manual processes create for organizations. It is vital that Finance Leaders drive the digitization of the AP function. To that end we are delighted to be able to highlight the importance of transforming this critical function in conjunction with IFOL”.
SoftCo are a fast growing global Procure-to-Pay (P2P) and Compliance technology company. SoftCo’s Smart Automation technology is Cloud based using the latest emerging technologies including Artificial Intelligence and Robotics and is transforming how companies manage their P2P processes, reducing costs and fighting fraud. Operating from offices in the US, Finland, UK and headquartered in Ireland, SoftCo has over a million users worldwide including PwC, Volkswagen, Primark, Sunny Delight and the Finnish Government. SoftCo are SOC and ISO27001certified, a Microsoft Gold Partner, an AWS Advanced Technology Partner and the solutions are integrated with over 200 ERP systems.