SoftCo, the leading global providers of Procure-to-Pay and Accounts Payable Automation technology, is delighted to announce that LGG Industrial, manufacturers and distributors of customized fluid handling, sealing and material conveyance solutions have gone live on SoftCoAP.

LGG Industrial, recently rebranded from ERIKS, are industrial solutions providers based in Pittsburgh, Pennsylvania, with offices across North America. As manufacturers and distributors of materials, sealing, fluid and power solutions, LGG Industrial continuously create innovative solutions tailored to every industrial need.

LGG Industrial entered the AP Automation market, struggling with poor invoice capture and match rates, which required significant manual input from their AP team. With

SoftCoAP, LGG Industrial will benefit from market-leading touchless processing rates for their 96,000 PO invoices, thanks to AI-powered Smart Capture and Smart Matching technology. AutoML-driven Smart Coding and Smart Routing will accelerate the processing of their 24,000 non-PO invoices by 89%. SoftCoAP has also seamlessly integrated with LGG Industrial’s existing ERP system, Epicor Prelude.

About SoftCo

SoftCo is a fast-growing global Procure-to-Pay (P2P) and Compliance technology company. SoftCo’s smart technology with unique Automated Machine Learning (AutoML) delivers unrivalled straight through invoice processing rates of 90%, ensuring industry leading ROI. 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 audited, a Microsoft IP Co-Sell Certified Partner, an AWS Advanced Technology Partner, and is integrated with over 200 ERP systems.