Best Automated Invoice Processing Software for Workday Financial Management

SoftCo Accounts Payable Automation processes all PO and non-PO supplier invoices electronically from AI-powered capture and AI Matching through to invoice approval and query management. Designed for complex, high-volume environments, SoftCoAP delivers market-leading touchless automation by embedding AI across matching, coding, routing, and exception handling. The result is up to 89% reduction in processing costs, with faster cycle times and fewer manual touches. A built-in, context-aware AI Assistant supports AP teams by explaining exceptions, answering questions, and guiding next actions directly within the workflow, improving efficiency while maintaining full control and auditability. SoftCo is a global organization with operations across the USA, Ireland, the UK, and the Nordics. SoftCo is SOC 1 and SOC 2 audited and ISO 27001 and SAHKE2 certified. More than one million business users worldwide rely on SoftCo solutions, including organizations such as SunnyD, the Finnish Government, Primark, Patagonia, and PwC.

SAP Concur provides comprehensive tools designed to automate and streamline expense management, travel bookings, and accounts payable processes for businesses of all sizes. With Concur Expense, employees can submit expense reports quickly from any location, improving accuracy and accelerating reimbursement cycles. Concur Invoice offers integrated automation for accounts payable, reducing manual data entry and improving financial control. The Concur Travel solution captures and manages travel expenses seamlessly, no matter where bookings occur. By connecting financial data across these processes, SAP Concur empowers companies to simplify spending oversight and enforce policy compliance. Trusted by more than 46,000 organizations worldwide, the platform is built for scalability and adaptability. Interactive demos showcase how these solutions transform traditional workflows, saving time and reducing errors. SAP Concur supports smarter spending decisions and greater operational efficiency across industries.

Simplicity should not be complicated. Medius makes AP autonomic--using intelligent technology to reimagine the way invoices flow through your business. This process doesn't require you to touch it and gets smarter with each step. The Medius Accounts payable suite automates the entire source-to pay process. Automate and simplify your entire AP process with the Medius Accounts Payable suite. This includes manual invoice matching, keying, matching, processing, and paper removal. You will always have complete visibility of your invoices, spend, and cash flow so you can close the books on schedule. Improve the payment process within your company to reduce complexity, reduce fraud, and save money. Medius Pay automates the process of paying suppliers. It eliminates manual processes like processing checks and encourages automated work. Give your procurement team the tools they need for eliminating maverick spending.