SoftCo, the leading global provider of financial process automation solutions, today announced that it has been named Value Leader in the Spring 2022 AP Automation SolutionMap by Spend Matters.

Known as the most rigorous, data-centric functionality assessment of procurement technologies in the industry, SolutionMap contains over 500 RFI requirements to pinpoint the actual capabilities of each solution vendor in addition to Customer feedback. The Value Leader quadrant is the most sought-after position as it is defined by Spend Matters as “those solutions that score above average with both analysts and customers”.

Anton Scott, CEO SoftCo Group added:

“We are proud to be, yet again, included in the Spend Matters SolutionMap. SoftCo’s position as “Value Leader” is not by accident. The entire team at SoftCo work tirelessly to ensure that our clients get the most advanced and innovative AP Automation solution on the market. To have this validated by Spend Matters’ Analysts is fantastic.

Xavier Olivera, Lead Analyst at Spend Matters said:

“AP solutions enable efficiencies to Accounts Payable workload, as such supporting the broader organization’s goal of improving cash flow and optimizing working capital while balancing the needs of suppliers. Investment in this area is critical, not just for procurement transformation but also for supporting value creation across the whole business”

About SoftCo

SoftCo are a fast growing global Procure-to-Pay (P2P) and Compliance technology company. SoftCo’s Smart Automation technology is Cloud based using the latest emerging technologies including Artificial Intelligence and Robotics and is transforming how companies manage their P2P processes, reducing costs and fighting fraud. Operating from offices in the US, Finland, UK and headquartered in Ireland, SoftCo has over a million users worldwide including PwC, Volkswagen, Primark, Sunny Delight and the Finnish Government. SoftCo are SOC and ISO27001 certified, a Microsoft Gold Partner, an AWS Advanced Technology Partner and the solutions are integrated with over 200 ERP systems.