SoftCo AP Automation - 2026 Pricing, Features, Reviews & Alternatives

SoftCo Accounts Payable Automation leads the market with 90% touchless processing for PO invoices and 89% faster processing of non-PO invoices, helping finance teams dramatically reduce cost, effort, and cycle times. Designed for complex, high-volume environments, SoftCoAP processes all PO and non-PO supplier invoices electronically from capture and AI Matching through to invoice approval, exception handling, query management, and payment.

SoftCoAP delivers unparalleled touchless automation by embedding SoftCoAI+ intelligence across the entire AP lifecycle. AI Matching automatically reconciles invoices with purchase orders and goods receipt data, even in complex scenarios involving incomplete data, tolerances, rounding differences, and FX. For non-PO invoices, AI Coding applies the correct coding based on continuously learned patterns, while AI Routing determines the optimal approval path, reducing delays and manual intervention. The result is up to 89% lower processing costs and significantly faster approvals.

A key differentiator is the built-in, context-aware AI Assistant. Embedded directly into the AP workflow, the AI Assistant helps users understand exceptions, answer AP-related questions in natural language, and take the right next action with confidence. Whether resolving a mismatch, responding to a supplier query, or understanding why an invoice is on hold, the Assistant reduces back-and-forth, shortens resolution times, and improves user confidence without sacrificing control or auditability.

SoftCoAP supports recurring invoices such as rent, utilities, and subscriptions, automatically matching and routing them for approval without the need for supporting POs or GRNs. Automated approval workflows ensure invoices are routed to the correct approvers, with notifications and reminders sent automatically. Approvals can be completed via email or mobile, enabling fast decision-making for distributed finance teams.

AI Analytics provides real-time visibility into AP performance, including processing rates, exception volumes, approval bottlenecks, and cost metrics. Finance leaders gain clear insight into operational efficiency and can proactively identify issues before they impact suppliers or cash flow. AI-powered fraud detection continuously monitors invoice data to surface anomalies and strengthen compliance.

SoftCo integrates seamlessly with over 200 ERP systems and supports organizations processing more than 50,000 invoices per year across multiple entities, currencies, and geographies. To demonstrate true end-to-end automation, SoftCo challenges other vendors to process a representative sample of customer invoices within their platform, allowing organizations to see real-world performance before committing.

Take the SoftCo AI Matching Challenge to experience how SoftCo Accounts Payable Automation helps finance teams automate AP with confidence, control, and measurable results.