SoftCo AP Automation Features

Provide features to capture invoices such as import or scanning 20 reviewers of SoftCo AP Automation have provided feedback on this feature.

Allow suppliers to submit invoices using an online portal

Based on 13 SoftCo AP Automation reviews. Deliver a central repository of AP documents, such as POs and invoices

Ability to match AP invoices to POs, contracts, or payments 19 reviewers of SoftCo AP Automation have provided feedback on this feature.

Include workflows for approvals and invoice processing 19 reviewers of SoftCo AP Automation have provided feedback on this feature.

Based on 10 SoftCo AP Automation reviews. Comply with local and global tax regulations for collections

Track invoices based on due dates to identify overdue payments This feature was mentioned in 14 SoftCo AP Automation reviews.

Based on 12 SoftCo AP Automation reviews. Monitor KPIs such as time to process an invoice or erroneous payments

As reported in 14 SoftCo AP Automation reviews. Provide integration with accounting and financial management software

Integrate with payment gateways and enterprise payments software This feature was mentioned in 14 SoftCo AP Automation reviews.

Deliver integrations with accounting modules of ERP systems This feature was mentioned in 19 SoftCo AP Automation reviews.

As reported in 13 SoftCo AP Automation reviews. Reduces future risks through root cause analysis and process improvement

Reduces frequency of errors, identifies risk and improves efficiency

Scores suppliers and employees based on risk factors

Identifies and recoups funds and prevents errors from happening again

Offers reporting to aid in minimizing future lost profits and process breakdown 12 reviewers of SoftCo AP Automation have provided feedback on this feature.

Includes a library of audit-tested filters to identify AP outliers that are outside company policy 15 reviewers of SoftCo AP Automation have provided feedback on this feature.

As reported in 11 SoftCo AP Automation reviews. Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims

Detects and prevents a wide range of overpayment errors

Based on 17 SoftCo AP Automation reviews. Detects and prevents a wide range of duplicate payments

Enables automatic checks of new vendors being set up in the system to combat potential billing schemes

Generates comprehensive data needed to conduct a thorough investigation

As reported in 12 SoftCo AP Automation reviews. Provides continuous, proactive fraud monitoring across multiple systems and data formats

Capability to perform complex tasks without constant human input

Anticipates needs and offers suggestions without prompting

Makes informed choices based on available data and objectives