SoftCo AP Automation
SoftCo AP Automation revolutionizes accounts payable with AI-driven solutions that streamline the processing of both PO and non-PO invoices. It features advanced smart matching technology, enabling high accuracy in invoice matching while minimizing manual intervention. With automated approval workflows, real-time visibility, and robust fraud prevention, it enhances efficiency and reduces costs significantly.
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Top SoftCo AP Automation Features
- AI-powered Smart Matching engine
- Touchless automation for invoices
- Capture technology for all formats
- Enhanced 2-way and 3-way matching
- Smart Coding for non-PO invoices
- Real-time fraud prevention monitoring
- Automated invoice approval workflows
- Smart Routing for approval efficiency
- Tolerance settings for invoice discrepancies
- Seamless ERP integration capabilities
- On-the-go invoice approval options
- Comprehensive query management system
- Advanced Analytics powered by AWS
- KPI reporting for performance insights
- Cost-saving single payment workflow
- Installment plan for forecasted amounts
- Automated handling of surcharges
- Actionable dashboard reports for visibility
- Exception handling guidance and support
- Continuous improvement through Machine Learning.
