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SoftCo’s P2P Software automates eProcurement, Accounts Payable, Supplier Management, Payments & Compliance. We achieve unrivaled savings via our AI-Powered Smart Technology, which is applied across all our solutions.

SoftCo delivers 90% straight-through processing for PO invoices and 89% faster processing of Non-PO invoices. We rank highest in independent customer satisfaction surveys and in the top 100th percentile for Security.

Take our Smart Matching Challenge. Compare SoftCo versus other suppliers with your own invoices and see why we lead the market.

See how we transform our customers’ P2P processes.

A P2P Solution for all your needs

softco platform auto match summary
Accounts Payable
Streamline your complete purchase invoice process.
Processes all PO and non-PO supplier invoices electronically from capture and matching to invoice approval, exception handling, query management and seamless integration to over 200 ERP’s. Unique AI delivers market leading 90% touchless processing.
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eProcurement
Enhance management of all operational spend.
Ensures a quick and efficient purchasing process for all operational spend, in full compliance with your organization’s procurement policies. Seamlessly integrates Catalog and Spend Management, Requisition and Approval Workflow, Purchase Order and Contract Management.
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softco platform payments dashboard overview
Payments
Simplify supplier payments and boost profitability.
Transforms payments into a profit center by earning rebates, reducing costs and mitigating payment risk. Provides a secure, centralized channel, consolidating all supplier payments into a single file for enhanced efficiency and security.
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solutions compliant archive lease
Compliant Archive
Securely and compliantly store, index and categorize all of your documents.
Provides document capture, secure storage, fast retrieval, and full lifecycle management. SÄHKE2 certified and incorporates proven Content Addressable Storage and Digital Fingerprint technology ensuring all content meets regulatory compliance obligations.
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Contract Compliance
Full control and visibility over all contract-based invoices.
Provides full contract lifecycle management. Manages the request, purchase, and control of your contract-based spend. Reports on exceptions, status, renewals, and any overcharges. Configures Instalment plans and proactively set contract reminders.
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Supplier Management
Optimize supplier lifecycle management via an intuitive Supplier Portal.
Delivers the benefits of working efficiently with your preferred suppliers. Purchasing is optimized, costs are reduced, and administration eliminated. Full online visibility of all orders and invoices.
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Why choose SoftCo?

SoftCo automates eProcurement, Accounts Payable, Payments,
Supplier Management, Anti-Fraud and Contract Compliance processes.

Highest Industry NPS Score
89% Cost Reduction
100% Visibility & Control
90% Touchless Processing
AI-powered Smart Matching
Anti-Fraud Technology
Payment Cost Reduction
90% Faster Approvals

Over 1 million AP users globally

Industry-leading innovative AI Matching Engine

SoftCo AutoML Machine Learning

Utilizing millions of real data from Industry, Operations, Organizations, and Suppliers, the SoftCo Artificial Intelligence (AI) engine ‘learns’ and improves based on 250+ match ‘patterns’ and applies this automation to SoftCo Smart Matching models, including tolerance, aggregation, and confidence match criteria. SoftCo’s Smart Matching engine facilitates the automatic matching of POs against invoices, and the 3-Way Match incorporates Receipt-Based Matching against GRNs and BoLs.

The Smart Coding and Smart Routing of invoices, optimized by AI based on continuous learned patterns, and brings PO levels of automation to Non-PO invoices. SoftCo’s Smart Coding engine automatically codes Non-PO invoices with the click of a button, while Smart Routing directs payment to the correct cost center based on historical invoices.

The results are unrivaled, and the savings are exceptional. SoftCo delivers 90% straight through processing for PO invoices and 89% faster processing of Non-PO invoices.

solutions ap auto match summary

Hear what our customers say

“SoftCo enabled us to quickly gain control over our AP process after switching to remote working.”
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“They are always asking the right questions, making sure that they understand exactly what our requirements are.”
Apetito
“SoftCo’s Technology gives us enhanced capability to meet future growth in our business.”
“Rather than just technically describe an issue, SoftCo knew the functional problems we had.”
“We chose SoftCo to address our P2P requirements because of their proven expertise.”
“SoftCo has fulfilled everything that we were looking for, and more.”
“With SoftCo we have a system capable of fully managing our document lifecycles.”
“We have implemented a project that has progressed as planned and within the planned budget.”
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“SoftCo Procure-to-Pay has delivered a ROI within one year, helping in our global expansion.”
“With SoftCo, we’ve increased reimbursements & reduced costs. That’s good for our bottom line.”
“Because staff act faster, we can pay suppliers faster and have better relationships with them.”
Home Project centre
“SoftCoAP has delivered us direct savings, giving a lot more confidence in our year-end.”
“SoftCoP2P has allowed us to reduce invoice processing times by 70%, reducing costs and time.”
“SoftCo allows us to bring a more compelling proposition to our clients.”
“SoftCo has created a frictionless process, saving considerable time & effort.”
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“Our goal is to reach 90% automation with the procurement & invoice handling.”
“We chose SoftCo because of their expertise in procure-to-pay and their prior experience.”
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“The SoftCo AP system has been faultless, reducing our invoice query times by 75%.”
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“Invoices now are going through at 80% touchless processing. Prior to SoftCo, it was between 5-10% maximum”
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“We’re seeing higher invoice volumes and we’re able to accommodate them without increasing our headcount.”

Our ESG Vision

SoftCo is dedicated to acting responsibly with strong governance, to contributing to economic and community development, and to promoting a healthier lifestyle through sporting activities. Our innovative technologies are designed to reduce environmental impact by eliminating paper usage and promoting sustainable financial automation. We are proud of our diverse and inclusive workplace, and we actively support female entrepreneurship. Our governance is strong, guaranteeing full compliance with legal requirements in all regions we operate with full auditability. Visit our ESG page to learn more about our strategies, our progress, and how SoftCo are making a difference.

Latest News

SoftCo Headline Sponsor at the Accounts Payable Leadership Conference Canada

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