SoftCo the fast-growing global Procure-to-Pay (P2P) and Compliance technology company, today announced that Adnams, the UK brewer, distiller, and seller of alcoholic beverages has gone-live with its market leading Accounts Payable Automation solution, SoftCoAP.
Adnams produce non-alcoholic & alcoholic drinks, own and operates 44 pubs & hotels, in addition to 13 retail stores. The company works with over 1,700 suppliers and export to over 22 countries globally. Adnams required a solution which would automate the processing of their 30,000 annual invoices, decrease processing errors, reduce costs, and enable them to achieve their growth targets.
SoftCoAP fully automates their AP process, encompassing capture, matching, coding, and approval. SoftCo delivers unparalleled touchless automation of all PO and Non-PO invoices by incorporating unique AutoML Machine Learning technology, minimizing the number of supplier invoices that require manual intervention. AutoML ensures that exception handling processing times are reduced by 89%. SoftCoAP is fully integrated with their existing ERP system, JD Edwards.
SoftCo are a fast-growing global Procure-to-Pay (P2P) and Compliance technology company. SoftCo’s smart technology with unique AutoML Machine Learning 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.