SoftCo, a rapidly growing leader in global Procure-To-Pay and Compliance technology, are pleased to announce that Ageas, a premier provider of insurance services in the United Kingdom, have gone live with the SoftCoAP solution to fully automate the processing of their 15,000 invoices annually.

Ageas are a leading provider of insurance solutions in the United Kingdom, with services including motor, home, travel and business needs. Beyond the UK, Ageas also operate in 13 other countries across Europe and Asia. In 2022, Ageas launched it’s Impact24 strategic cycle, aimed at implementing a long-term growth strategy, and SoftCo are delighted to be part of this journey.

SoftCo are leading the market with the best-in-class P2P automation technology. New Automated Machine Learning (AutoML) technology, combined with Smart Routing and Smart Coding will transform the Accounts Payable process for Ageas going forward, delivering 89% faster processing of Non-PO invoices, saving unparalleled business processing costs and achieving substantial return on investment. Customers score SoftCo exceptionally for usability, and the industry leading NPS score underlines this leading customer satisfaction. 

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.