AI Invoice Software:
The future of AP Today
Discover how SoftCoAI+ is supercharging Accounts Payable teams with unparalleled speed, accuracy and efficiency.
Discover how SoftCoAI+ is supercharging Accounts Payable teams with unparalleled speed, accuracy and efficiency.
Intelligent Data Extraction
SoftCo’s AI-powered technology accurately extracts, validates, and processes data from invoices. It ensures consistent accuracy and minimizes errors, saving time and resources for AP teams.
Automatically match invoices to purchase orders and goods received notes. Drive down processing time from days to minutes.
No PO? No problem.
Smart Coding & Smart Routing uses Machine Learning Technology to automatically determine the correct routing and coding.
There will always be exceptions. SoftCoAI+ not only highlights the exception but guides the user on how to resolve the exception.
Leverage AI to determine the optimum coding and routing of invoices for fast approval based on historical patterns so you can focus on the tasks AI can’t.
“Invoices are achieving a 100% confidence level with SmartMatch. This is a big deal from an AP perspective”
Aisling Connolly, Logitech
AI in accounts payable automates invoice data extraction, matching invoices to purchase orders, and general ledger coding with high accuracy. It detects fraud, handles exceptions, and speeds up approvals through workflow automation for faster, error-free invoice.
AI ensures data accuracy by using advanced data extraction models that recognize patterns, and validate against purchase orders and ERP records. AI continuously learns and improves with each processed invoice, reducing errors in a short period of time.
Large ERP systems, while robust, are typically slow to innovate due to their complexity and focus on compatibility. As a result, many users turn to third-party integrations liek SoftCoAi+ to access cutting-edge AI features.
SoftCoAI+ employs enterprise-grade encryption and validation, unique to each client, to ensure the security of your financial data.
AI helps analyze historical data, invoice attributes, and predefined rules to automatically route invoices to the right department for review and approval.
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