SoftCo

Acquired

SoftCo provides contract compliance software integrated with procure-to-pay modules, managing contract-based spend and facilitating contract and invoice matching.

Product Overview

SoftCo is a global leader in financial process automation, specializing in accounts payable (AP) and procure-to-pay (P2P) solutions. With over 35 years of experience, SoftCo offers AI-native automation tailored to complex financial environments, integrating seamlessly with over 200 ERP systems. Their platform delivers 90% straight-through processing for purchase order invoices and up to 89% faster processing for non-purchase order invoices, providing 100% visibility over all spend. SoftCo's solutions encompass eProcurement, AP automation, vendor management, payments, and compliance, serving over 1 million users worldwide, including organizations like PwC, the Finnish Government, Lloyds Bank, Volkswagen, and Primark.

Features

  • AI-native automation tailored to complex financial environments
  • Integration with over 200 ERP systems
  • 90% straight-through processing for purchase order invoices
  • Up to 89% faster processing for non-purchase order invoices
  • Comprehensive solutions including eProcurement, AP automation, vendor management, payments, and compliance
  • Serving over 1 million users worldwide, including PwC, the Finnish Government, Lloyds Bank, Volkswagen, and Primark

Company Details

Headquarters
🇮🇪 Dublin, Ireland
Founded
1990
Type
Legal Tech Vendor
Founders
Jim Coffey, Susan Spence
Pricing
Subscription
Deployment
Cloud