SoftCo Procure-to-Pay 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.
SoftCo Procure-to-Pay Alternatives
Pipefy is a low-code Business Orchestration and Automation Technologies (BOAT) platform designed to act as a modern middleware layer for the enterprise stack.
Rather than replacing existing Systems of Record (SORs) like SAP, Oracle, or Salesforce, Pipefy wraps them in an agile orchestration layer. This architecture allows technical teams to modernize legacy operations and extend the life of core systems without the risks associated with "rip and replace" projects. Pipefy provides the infrastructure to sanitize data inputs, manage complex business logic, and orchestrate API calls between fragmented endpoints.
Technical & Architectural Highlights:
• Adaptive Governance Framework: Pipefy solves the "Shadow IT" problem by establishing IT-sanctioned "Safe Zones." Business users can build workflows within these guardrails, while IT retains control over critical data, integrations, and permissions via a centralized console.
• Agentic AI Engine (BYOLLM): The platform features a governable AI Agent Studio. Unlike "black box" solutions, Pipefy supports a Bring Your Own LLM approach, allowing enterprises to integrate preferred models (Azure OpenAI, AWS Bedrock) securely to automate document analysis (OCR) and decision-making.
• Robust Connectivity: Built with an API-first philosophy, Pipefy offers a GraphQL API, Webhooks, and enterprise-grade iPaaS capabilities to ensure seamless data interoperability across the stack.
• Security & Compliance: Engineered for regulated industries, the platform is ISO 27001, ISO 27701, and SOC2 Type II certified, supporting compliance with GDPR and SOX standards.
Pipefy empowers IT leaders to eliminate technical debt and clear development backlogs by safely delegating low-complexity builds to business units.
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Zahara's cloud-based platform automates budget management and suppliers. It also allows for multi-level purchase approvals, delivery approvals, and invoice reconciliation and approvals. Zahara integrates seamlessly with the most popular accounting software, such as QuickBooks Online or Xero, to provide expanding SME's with real-time visibility and central control over their purchasing.
Zahara can be used for controlling spend within an organization. We can take the initial request to purchase something and automate the approval and sending the PO to the Vendor. Deliveries can be received, invoices from vendors matched and processed before being exported to finance.
Zahara increases control and speeds up processing.
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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.
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Precoro
Precoro is a cloud-based solution that consolidates procurement, AP, and payment management. It automates operations with AI, eliminates manual work, prevents maverick spend, and drives savings — faster than you think.
Procurement: Strengthen supplier relationships, centralize contract storage, and simplify employee requests.
AP & Payments: Save time with AI-powered OCR, 3-way matching, and approval workflows. Execute vendor payments directly within Precoro to close the loop on your request-to-pay cycle.
Spend Management: Effortlessly track budgets across multiple locations and departments, control expenses, and create reports for actionable insights.
Supplier Management: Streamline vendor onboarding and approvals to minimize potential risks.
Integrate Precoro with ERP systems like NetSuite, QuickBooks Online, Xero, and Sage, or create custom connections with a free API. Say goodbye to duplicate payments and manual document processing.
Precoro’s intuitive interface ensures onboarding in under 6 weeks - without IT involvement. Customize, scale, and manage with ongoing support from your dedicated Customer Success Manager (CSM).
Keep all your data secure with SSO and reliable 2-factor authentication.
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Company Details
Company:
SoftCo
Year Founded:
1990
Headquarters:
Ireland
Website:
www.softco.com
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Product Details
Platforms
Web-Based
Windows
Mac
Linux
iPhone App
iPad App
Android App
Types of Training
Training Docs
Live Training (Online)
Webinars
In Person
Training Videos
Customer Support
Business Hours
Online Support
SoftCo Procure-to-Pay Features and Options
Procure to Pay Software
Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management
Procurement Software
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
SoftCo Procure-to-Pay Lists
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