SoftCo named AP Automation leader by both Customers and Analysts in 2020 Fall edition of Spend Matters SolutionMap

News - 02 Oct 2020

SoftCo, the leading global provider of financial process automation solutions, is delighted to announce that it has been named Value Leader in the Fall 2020 release of the AP Automation SolutionMap by Spend Matters in the key “nimble persona” category. Value Leaders are defined by Spend Matters as those who score above average with both analysts and customers.

In addition, across all 5 Persona categories, SoftCo has augmented its ranking, as Spend Matters analysts recognize the breadth of enhancements and additions to SoftCo’s Accounts Payable Automation solution.

SolutionMap is a quadrant ranking system made up of a rating from SolutionMap analysts and customer scoring, both carrying equal weight. This allows for a clear separation of real-life user experience feedback versus the analysts’ technical capabilities ranking. From this, users can clearly identify how a procurement technology vendor is perceived through different lenses.

“SolutionMap is the great equalizer between buyers and sellers of procurement technology solutions,” according to Jason Busch, Founder, Spend Matters. “It is the only benchmarking methodology that is fully transparent, considers equal parts technology analyst and customer scoring (individually and separately), and allows business users to create a one-to-one map based on their requirements to what technology vendors can provide based on demonstrated, generally available capability.”

“The latest ranking for SoftCo in Spend Matters SolutionMap validates the feedback that we have been receiving from our customers” said Anton Scott, CEO SoftCo. “The enhanced positioning of SoftCo across all 5 Persona categories by the Spend Matters analysts is a testament to the work that the team in SoftCo do to continually improve our solutions.”

About SoftCo

SoftCo is a global organization with offices in the USA, Ireland, the UK, and the Nordics. SoftCo is ISO 27001 certified, a Microsoft Gold Partner, AWS Advanced Technology Partner and SAHKE2 certified. Over one and a half million business users worldwide across all industry sectors use SoftCo solutions which include AP Automation, P2P, AR and our Compliant Archive solution. Customers include the Finnish Government, Primark, Sunny D, Argos and Capita.

 

About Spend Matters

Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners, Inc.

https://spendmatters.com/solutionmap/