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SoftCo named AP Automation leader

SoftCo, the leading global provider of financial process automation solutions, has been named Value Leader by Spend Matters in the Fall 2021 release of their AP Automation / Invoice-to-Pay (AP/I2P) Solution Map. Value Leaders are defined by Spend Matters as those who have been awarded above average scores by both Spend Matters Analysts and Customers.

The latest Spend Matters wave contained new elements to account for recent innovations and also better reflects what capabilities are “industry standard” versus those that are “best-in-class”. The SolutionMap methodology ensures that vendors are purely judged based on the functionality and capability of their solutions

SolutionMap is a quadrant ranking system made up of a rating from Independent SolutionMap Analysts and Customer scoring, both carrying equal weight. It is regarded as the most rigorous, data-centric functionality assessment process in the industry and the definitive procurement technology benchmark due to the depth of analyst assessments and the quantity of real-life customer inputs.

 “We set out to develop a more useful approach to ranking solution providers to reflect customer experiences, market developments and innovation. SolutionMap is the culmination of our efforts,” said Jason Busch, Founder of Spend Matters and Lead Solution Analyst.”

Anton Scott, CEO of SoftCo, commented:

“The Fall 2021 results for SoftCo validate the positive feedback that we have received from both customers and prospects. The Value Leader ranking by Spend Matters analysts is a testament to the great work that the team in SoftCo do to continuously improve our solutions.”


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About SoftCo

For over 30 years, SoftCo has delivered finance automation solutions that streamline processes, reduce costs, and ensure full financial control, compliance and visibility.  SoftCo is a global organization with offices in the USA, Ireland, the UK, and the Nordics. SoftCo is SOC2, ISO 27001 and SAHKE2 certified in addition to being a Microsoft Gold Partner and AWS Advanced Technology Partner. Over one million business users worldwide across all industry sectors use SoftCo solutions including SunnyD, the Finnish Government, Primark, Patagonia and PwC.

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.

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