SoftCo, the fast-growing global Procure-to-Pay (P2P) and Compliance technology company today announced that Adnams, the UK-based brewer, distiller, and seller of alcoholic beverages, have selected SoftCoAP to automate and transform their Accounts Payable processes.
Founded in 1872 in Southwold, Suffolk, England, Adnams produce non-alcoholic and alcoholic drinks, and owns and operates 44 pubs and hotels, in addition to 13 retail stores. Adnams work with over 1,700 suppliers and export to over 22 countries around the world.
Adnams were experiencing challenges associated with manual AP processes. They therefore needed to select a solution which would automate their entire process and in turn decrease processing errors and reduce costs, while enabling them to deliver on their business growth ambitions. Following a detailed and robust process, Adnams chose SoftCo as their preferred partner.
SoftCo will provide Adnams with end-to-end Accounts Payable automation including automated capture, matching and approval of their 30,000 annual invoices. SoftCo Smart Match will ensure that the highest level of Straight Through Processing (STP) and the solution will be fully integrated with the existing ERP system, JD Edwards.
Commenting, Anton Scott, CEO SoftCo Group said:
“At SoftCo our DNA is AP. We pride ourselves on understanding our customers’ needs through our unique consultative approach. Our proven expertise enabled us to quickly understand the requirements of Adnams and we look forward to working with their team in making this project a huge success.”
SoftCo are a fast-growing global Procure-to-Pay (P2P) and Compliance technology company. SoftCo’s smart technology delivers unrivalled straight through PO invoice processing rates of over 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 and Katakri audited, a Microsoft Certified Partner, an AWS Advanced Technology Partner, and integrated with over 200 ERP systems.