SoftCo, the fast-growing providers of global Procure-to-Pay (P2P) and Compliance technology, are delighted to announce that SmartLynx Airlines, international providers of aircraft leasing, cargo and charter services, have chosen SoftCoP2P SaaS to automate their complete Procure-to-Pay process.
Founded in 1993, SmartLynx Airlines provide end-to-end aviation services, offering a comprehensive range of aircraft, crew, maintenance, and insurance solutions to leading airlines across Europe, the US, Asia, and Africa. With a fleet of 65 aircraft, they ensure the highest level of performance, technical reliability, and customer service for their partners.
With significant growth over the past number of years, SmartLynx were facing challenges with their existing P2P process, which was resulting in poor data capture, validation and too many manual touchpoints. SmartLynx needed to streamline the inefficient processing of their almost 50,000 Direct Operating Cost (DOC) invoices annually.
SmartLynx Airlines began evaluating the Purchase-to-Pay market to find the best-in-class P2P solution provider, with deep sectoral knowledge, who would address their complex requirements relating specifically to their DOCs. They required a solution which would accurately detect, validate, and allocate fuel, navigation, and handling costs to specific flight legs.
Following an extensive process, SmartLynx Airlines chose SoftCo to provide end-to-end P2P automation which will dramatically reduce their existing manual processes. The SoftCoP2P SaaS platform incorporates fully automated e-Procurement through to automated invoice processing, Smart Matching and approval. SmartLynx will also benefit from automatic upgrades that are implemented through hosting on the cloud. SoftCoP2P will be fully integrated with SmartLynx existing ERP system, Microsoft Dynamics F&O, through SoftCo SmartConnectD365, the pre-packaged and Microsoft approved connector.
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 audited, a Microsoft Co-Sell Certified Partner, an AWS Advanced Technology Partner, and is integrated with over 200 ERP systems.
