10 reasons to choose SoftCo10

News - 17 Oct 2016

SoftCo10 is a powerful platform that seamlessly automates financial processes including P2P, AP and AR. The platform is extremely flexible, solutions are easily configured and delivered in a single fully integrated system with a consumer-type user experience. 10’s user interface delivers a crisp Amazon-like experience across all devices – mobile, tablet, and desktop. SoftCo10 makes life a whole lot easier for CFOs and their teams, benefiting from SoftCo’s 26 years of experience invested in this game-changing new platform.

Here are 10 reasons why you should choose SoftCo10.

1. A Single Platform for All Solutions

SoftCo10 automates a range of complex processes all on a single platform. Procure-to-pay (P2P), accounts payable (AP), accounts receivable (AR), and enterprise content management (ECM) solutions are delivered on 10 without any need for multiple applications, custom code, or lengthy implementations.

2. Configure Rather than Code

SoftCo10 is highly configurable so that even the most complex of requirements can be achieved with simple configuration of the standard solution. The result is rapid go-live compared to the many weeks, or even months, taken to deploy applications with manual custom code.

3. Enjoy a Consumer User Experience

Business users are traditionally left to use cumbersome software compared to the cool intuitive user experience of consumer apps. 10 delivers this modern, consumer-type experience to the business world while maintaining the capability to incorporate complex business rules and workflow processes.

4. Lower Total Cost of Ownership (TCO)

The business solutions delivered on SoftCo10 including P2P, AP and AR are delivered on a single powerful platform. Time and cost of deployment is dramatically reduced. There is no need for multiple training or support platforms. SoftCo10 can also be rolled out to other parts of the organization leveraging the investments and further reducing the TCO.

5. Secure Compliant Archive

All documents and data are securely stored in SoftCo10 which simplifies the compliant management and protection of critical information over its entire lifecycle. SoftCo ECM meets the most stringent security standards and uses the latest encryption technologies to ensure the protection and authenticity of stored data.

6. Unique Dynamic Matching

SoftCo10 uses dynamic matching to take a mixture of header and line item details (including product descriptions, rather than just a unique product number) from invoices and matches these to the POs. This powerful approach extracts sufficient information for matching without the need to use ICR to read line-level detail every time.

7. Maximum Performance

SoftCo10 delivers consistent high performance and full scalability for business growth. There is 24/7 availability and fast processing speed for large batches of data and documents, and shorter response times due to the robust platform and seamless system integration.

8. Flexible Rapid Deployment

SoftCo10 solutions are pre-configured to industry best practices and as a result, deployment times are much shorter. These solutions can all be delivered on-premise, hosted in the cloud, or on SoftCo’s SaaS platform.

9. Proven Integration

SoftCo has over 25 years of experience seamlessly integrating with all major finance systems, databases, and ERP systems. In this time, SoftCo has integrated with over 100 different systems, providing finance professionals a single view of the finance world in real-time.

10. Superior Security & Compliance

SoftCo10 ensures that all types of information are stored in compliance with legal regulations and other industry or jurisdictional standards. In addition, SoftCo10 integrates with Active Directories, ensuring single sign-on (SSO) access. SoftCo is an ISO 27001-compliant company and ensures HTTPS secure communication of information.

For more information on SoftCo10, read our white paper here.