SoftCo, leaders in global Procure-To-Pay and Procurement software, are today delighted to announce that Motion & Flow Control Products, specialists in this distribution and supply of hydraulic and pneumatic components across a wide range of industries, have gone live with the latest SaaS SoftCoAP software.
MFCP are specialist providers of motion and flow control products, used in various industries including manufacturing, construction and agriculture. MFCP operate 44 locations across the US, from Alaska to San Diego.
MFCP chose SoftCoAP to automate their 200,000 annual supplier invoices received annually, as they had doubled in size in just a two-year period. With significant growth ambitions in action, MFCP recognised that a cornerstone of scaling their business was to implement automation.
MFCP, will now benefit from the latest SaaS version of SoftCoAP, bolstering its development with automatic upgrades that are implemented through hosting on the cloud. Using SoftCoAP, MFCP will now benefit from industry-leading Smart Capture and Smart Matching technology to achieve 90% Touchless Processing of their PO invoices, whilst the cutting edge AutoML and Smart Coding technology work to produce unrivalled 89% faster processing of Non-PO invoices. SoftCo has also seamlessly integrated with MFCP’s existing ERP, Epicor P21.
About SoftCo:
SoftCo are a fast-growing global Procure-to-Pay (P2P) and Compliance technology company. SoftCo’s smart technology with unique AutoML Machine Learning 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.
