SoftCo

SoftCo is an Irish vendor, headquartered in Dublin and founded in 1990, that automates accounts payable. Its platform captures supplier invoices in many formats and matches them against purchase orders and goods receipts. It then assigns GL codes and routes invoices for approval by email or mobile, with AI flagging exceptions and possible fraud. Beyond core AP it offers procure-to-pay modules for requisitions and spend control, and e-invoicing connections through Peppol and VAN networks for mandates in countries such as Belgium, France and Poland. It also offers supplier management and spend analytics, and SoftCoPay adds supplier payments with virtual cards and rebates. The product suits medium and large organisations with several entities, ERPs and regions. Customer examples include Primark, Logitech and SuperDry. SoftCo publishes no prices. Subscriptions are quoted mainly by annual invoice volume. SoftCo integrates with SAP, Oracle, Microsoft Dynamics, Infor, Sage and over 200 ERPs in total through a single integration layer, and REST APIs are available. Each customer runs in its own single-tenant environment, and a third-party profile reports SOC 1, SOC 2 and ISO 27001 certification. Reviewers praise the touchless processing rates and the support team. The main weaknesses they report are limited reporting customization and a longer setup than lighter cloud AP tools. SoftCo is not a general ledger, so it sits alongside an existing ERP rather than replacing one.