Leading the way in Procure-to-Pay (P2P) and Compliance technology, SoftCo is delighted to announce that Ortho Molecular has successfully deployed the latest version of its state-of-the-art Accounts Payable (AP) automation solution. With a partnership spanning three years, Ortho’s rollout of SoftCo’s next-generation smart SaaS offering, equipped with cutting-edge Automated Machine Learning (AutoML) technology, reaffirms their ongoing commitment to enhancing their business processes.
Ortho Molecular Products, with over three decades of experience, has been a trusted source of premium nutritional solutions for healthcare providers throughout North America. They offer an extensive portfolio of supplements that span essential amino acids, vitamins, minerals, and targeted support for immune, musculoskeletal, and gastrointestinal health. Ortho is dedicated to scientific rigor, meticulous raw ingredient selection, and stringent quality controls, ensuring that each of their supplements meets the highest standards of excellence.
SoftCo sets the industry benchmark for P2P automation with its top-tier performance and user experience. Leveraging unique AutoML, it achieves an exceptional 90% touchless rate for processing PO invoices. Its intelligent features like Smart Coding and Smart routing, combined with machine learning for exception handling, accelerates Non-PO invoice processing by 89%.
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.
