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Description
SoftCo Procure-to-Pay provides intelligent automation for finance teams that want to streamline purchasing and accounts payable in one unified platform. Designed for mid-sized and enterprise organizations, SoftCoP2P supports indirect spend by simplifying catalog management, requisitions, and purchase order creation while enforcing control from the start of the process.
At the heart of the platform is SoftCo Accounts Payable Automation, which handles both PO and non-PO invoices from AI-driven data capture through invoice matching, approval, query handling, and payment. Advanced AI Matching reconciles invoices with purchase orders and receipt data using two-way and three-way matching logic, even in complex scenarios. Non-PO invoices are automatically coded to the correct general ledger and cost centers based on learned patterns, while a built-in AI Assistant helps users resolve exceptions, answer questions, and move work forward faster without leaving the workflow.
Description
Replace late payments, missing invoices, and insufficient visibility with an automated invoice processing solution that enhances your internal workflows and supplier partnerships. Whether dealing with paper invoices or digital formats, Tungsten ReadSoft Invoices effectively extracts and verifies data, transferring it seamlessly to your enterprise systems for accessibility throughout the financial workflow. By promptly and accurately categorizing invoices within your ERP system, you can seize early payment discounts while gaining comprehensive control over your financial operations, ultimately ensuring customer satisfaction. This automated invoice capture not only eliminates the need for manual data entry but also boosts productivity, allowing staff to focus on more strategic initiatives. Additionally, by employing self-learning algorithms, the solution continuously enhances its efficiency and accuracy as it adapts to identify data on invoices more effectively. This ongoing improvement reinforces the reliability of the system, paving the way for optimized financial processes.
API Access
Has API
API Access
Has API
Integrations
Clarity Wave
JD Edwards EnterpriseOne
Microsoft Dynamics 365
Microsoft Dynamics GP
NetSuite
SAP Business One
Sage Intacct
Integrations
Clarity Wave
JD Edwards EnterpriseOne
Microsoft Dynamics 365
Microsoft Dynamics GP
NetSuite
SAP Business One
Sage Intacct
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
SoftCo
Founded
1990
Country
Ireland
Website
www.softco.com
Vendor Details
Company Name
Tungsten Automation
Founded
1985
Country
United States
Website
www.tungstenautomation.com/products/invoice-automation
Product Features
Procure to Pay
Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management