SoftCo, the award-winning global Procure-To-Pay and Compliance technology company, are delighted to announce that Vp plc have reaffirmed their partnership with SoftCo, by committing to their next-gen accounts payable automation solution, SoftCoAP.
Founded in 1954, Vp plc specialize in providing a wide range of specialist rental services, supporting a diverse range of end markets. Vp Group comprises several operating divisions, which include UK Forks, Groundforce, TPA, Brandon Hire Station and TR Group amongst others, serving infrastructure, construction, housebuilding and oil & gas markets globally. Vp Group process 300,000 invoices annually.
SoftCo leads the AP automation market in both performance and usability. SoftCo’s smart technology, with unique Automated Machine Learning (AutoML), delivers best in class Touchless Processing rates of 90% for PO invoices. Smart Coding, Smart Routing, exception & surcharge handling incorporates machine learning to accelerate the processing of non-PO invoices by 89%.
More and more customers are choosing SoftCoAP to dramatically reduce the cost and time taken in processing supplier invoices. Customers score SoftCo exceptionally for usability and return on investment, and SoftCo’s industry leading Net Promotor Score (NPS) underlines this sentiment.
About SoftCo:
SoftCo are a fast-growing global Procure-to-Pay (P2P) and Compliance technology company. SoftCo’s smart technology with unique AutoML 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.
