SoftCo Procure-to-Pay - 2025 Pricing, Features, Reviews & Alternatives

SoftCo Procure-to-Pay automates the entire finance process from procurement to invoice automation and payment. SoftCoP2P is a global platform, handling financial processes in multiple entities, currencies and languages.

SoftCoP2P eliminates maverick spending and delivers greater efficiency, cost savings and 100% visibility and control over the entire procurement process. SoftCoP2P’s intuitive vendor catalogue transforms procurement with supplier-punchout from preferred vendors, converting requisitions for regular purchases into re-usable shopping lists, seamless automation of agreed contracts and pre-approved budgets and on the go procurement and approval processing, using automated POs and email sign-off. SoftCoAP processes all PO & Non-PO invoices electronically, from capture and matching to invoice approval, exception handling and query management

Benefits of SoftCoP2P

• Automatically match multiple PO’s to a single invoice

• Agile eProcurement

• 90% Straight Through processing with Smart Matching, Exception handling & AutoML

• 89% Faster processing of Non-PO invoices with Smsrt Coding, Smart Routing & AutoML

• Fully Integrated Contract Compliance

• Seamless management of recurring invoices

• Intelligent exception and query handling

• Certified ERP Integration

SoftCo’s eProcurement software ensures a quick and efficient purchasing process for all operational spend, in full compliance with your organization’s procurement policies. The solution’s pre-approved spend functionality allows seamless drawdown on capital budgets for projects with agreed preferred vendors.

SoftCoAP Automation processes all PO and non-PO supplier invoices electronically from capture through to matching. SoftCoAP delivers unparalleled touchless invoice processing resulting in 90% reduction in costs. For recurring invoices, SoftCoAP automatically matches them to underlying contract POs, and routes them for appropriate approval, removing the need for supporting POs or GRNs.

SoftCo’s Vendor Management delivers the benefits of working efficiently with preferred vendors; purchasing is optimized, costs are reduced and administration eliminated. SoftCo Vendor Management enhances relations with your key vendors with full online visibility and maintenance of all orders and invoices, ensuring queries and disputes are addressed immediately.

SoftCo’s Contract Compliance is tightly integrated with all SoftCoP2P modules and manages the request, purchase and control of contract-based spend within the eProcurement platform, and facilitates contract and invoice matching within the SoftCoAP solution. The Compliant Archive securely stores all received invoices, facilitating audit and compliant control for organizations.

SoftCoP2P seamlessly integrates with over 200 ERPs globally and serves organizations who process 50k+ invoices p.a.