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Average Ratings 0 Ratings

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ease
features
design
support

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Description

InvoiceParser Pro streamlines the accounts-payable process specifically for the freight and logistics sector, catering to carriers, brokers, clearing and forwarding agents, as well as their accounting teams. Users can conveniently upload invoices from suppliers and carriers in various formats like PDFs, scans, or images taken with phones, or they can send them via email. The system meticulously analyzes every detail of the invoice—including description, quantity, unit price, tax, and line total—rather than merely focusing on the overall totals, ensuring that all calculations are accurate before they are finalized in your accounting records. Each line item must correspond to the subtotal accurately, and the sum of the subtotal along with additional charges and VAT must match the total indicated on the invoice. Designed to handle international transactions in multiple currencies, including USD, ZAR, NAD, EUR, GBP, and ZMW, it retains amounts in their original currency. The software also prevents duplicate payments by comparing against the last year’s invoices and safeguards against erroneous payments by retaining supplier statements. Furthermore, each document is assigned a confidence rating of High, Medium, or Low, providing insight into the reliability of the data. Before invoices are integrated into accounting platforms like QuickBooks Online, Xero, or Zoho Books, the system ensures that all approvals are in place, roles are clearly defined, and a comprehensive audit trail is established. This robust approach not only enhances accuracy but also significantly increases efficiency within financial operations.

Description

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.

API Access

Has API Yes 

API Access

Has API Yes 

Screenshots View All

No images available

Screenshots View All

Integrations

Acumatica Cloud ERP No 
Boomi No 
ChatGPT Yes 
Claude Yes 
Cursor Yes 
Microsoft Dynamics 365 No 
Microsoft Dynamics GP No 
Microsoft Dynamics SL No 
NetSuite No 
Oracle API Catalog No 
Oracle PeopleSoft No 
QuickBooks Online Yes 
SAP Business One No 
SAP ERP No 
SAP HANA No 
Sage Intacct No 
Slack Yes 
Workday Financial Management No 
Xero Yes 
Zoho Books Yes 

Integrations

Acumatica Cloud ERP Yes 
Boomi Yes 
ChatGPT No 
Claude No 
Cursor No 
Microsoft Dynamics 365 Yes 
Microsoft Dynamics GP Yes 
Microsoft Dynamics SL Yes 
NetSuite Yes 
Oracle API Catalog Yes 
Oracle PeopleSoft Yes 
QuickBooks Online No 
SAP Business One Yes 
SAP ERP Yes 
SAP HANA Yes 
Sage Intacct Yes 
Slack No 
Workday Financial Management Yes 
Xero No 
Zoho Books No 

Pricing Details

$79/month
Free Trial Yes 
Free Version Yes 

Pricing Details

Please contact SoftCo for pricing
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows Yes 
Mac Yes 
Linux No 
Chromebook Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

InvoiceParser Pro

Country

United States

Website

invoiceparserpro.com

Vendor Details

Company Name

SoftCo

Founded

1990

Country

Ireland

Website

softco.com

Product Features

Product Features

Accounts Payable

Approval Process Control Yes 
Bank Reconciliation No 
Cash Management Yes 
Check Writing No 
Duplicate Payment Alert Yes 
Fraud Detection Yes 
General Ledger Entry Yes 
Vendor Management Yes 

Procure to Pay

Billing & Invoicing Yes 
Budgeting / Forecasting No 
Compliance Management Yes 
Contract Lifecycle Management Yes 
Financial Reporting Yes 
Integration Management Yes 
Inventory Management No 
Order Management No 
Vendor Management Yes 

Alternatives

No Alternatives

Alternatives