Cutting-edge technology harnessed in SoftCo10.3

19 Mar 2020

SoftCo are delighted to announce our latest product release, SoftCo10.3. As global leaders within the financial automation software industry, SoftCo10.3 gives our customers the latest cutting-edge technology at their fingertips, ensuring they’re always one step ahead by automating their Procure-to-Pay and Accounts Payable processes.

The product innovations include enhancements to existing Pre-Approve Spend workflows and the Contract Module, with users now having the ability to create a copy of a previous contract. Additionally, customers who upgrade will benefit from improvements to security. The Vendor/Supplier Portal now has a two-factor authentication to provide an increased security offering compared to a single username/password login.

Commenting on the new product release, Robert Hickey, Chief Technology Officer at SoftCo stated:

“SoftCo’s latest product innovations allow users to address their evolving challenges while introducing technology such as confidence and aggregate level matching to ensure an improved straight-through process for invoices. SoftCo 10.3 allows our customers to have best-in-class processes and to remain ahead of the competition.”

 

New Release Highlights:

These are just some of the new features you can expect in SoftCo10.3:

1. Intelligent Routing will provide users with enhanced flexibility, control and visibility into approval routes

2. Enhancements to Pre-Approve Spend will allow businesses to approve total budgets for a project

3. Intelligent Invoice Matching uses confidence and aggregate level matching to increase the amount of “zero-touch” invoices

4. An additional layer of security for the Supplier/Vendor Portal with two-factor authentication

5. New Contract Management alerts will draw attention to contracts that are due for renewal

For further information about SoftCo10.3, please click here.