SoftCo AP Automation

C tier on Accounts Payable Automation SoftwareScore 6.2 · #14 of 32

Android app: Not listed
Free plan: No
Runs on: api, Web

softco.com

Summary

SoftCo AP Automation manages invoice processing for accounts payable operations with high volumes and complex requirements. It captures invoice data from PDFs, scanned paper, EDI feeds, email bodies, and e-invoicing formats, then supports matching, coding, routing, approval, and payment. AI Matching handles two-way and three-way purchase order invoices, including missing data, foreign exchange variances, rounding differences, and partial deliveries. For non-PO invoices, the platform automates coding and routing, while risk scoring can flag potential fraud before payment. Multi-stage approvals and duplicate detection are also listed. SoftCo says it connects to all ERPs, naming SAP, Oracle, Dynamics, and Infor, through certified connectors, file transfer, and documented REST APIs. SoftCo Analytics offers pre-built AP reports and real-time views of invoices in process, exceptions, and performance. SoftCo says customer environments have isolated databases and compute, and that customer data is not shared or used for cross-customer training. The platform page reports an audited 9.9/10 security rating from Mastercard RiskRecon; SoftCo10 achieved SOC 2 Type 2 compliance after an independent examination. Pricing is on request, and deployment timing depends on the ERP landscape and operational complexity.

Who it is for

SoftCo AP Automation is positioned for organizations with high-volume, exception-heavy accounts payable, multiple entities or jurisdictions, or complex ERP environments. It may suit teams seeking invoice capture, matching, approval workflows, and supplier payments in one platform.

What is good

Captures invoices from PDFs, EDI, email, and other formats.
Matches two-way and three-way PO invoices.
Automates coding and routing for non-PO invoices.
Connects to named ERPs through several methods.
Includes multi-stage approvals and duplicate detection.

What to know first

Pricing is available on request.
Complex or customized ERP environments can take longer to connect.
Standard deployment timing depends on ERP and approval complexity.

Verdict

SoftCo AP Automation is geared toward complex, high-volume AP work, with capture, matching, controls, and analytics. Ask about pricing and deployment fit for your ERP landscape and approval processes.

Compared on accounts payable automation software

Invoice capture: OCR, email and uploadsoftco.com
Invoice matching: 2-way and 3-waysoftco.com
Approval workflows: multi-stagesoftco.com
Supplier payments: Yessoftco.com
Duplicate detection: Yessoftco.com
ERP integrations: SAP, Oracle, Microsoft Dynamics, JD Edwards, Infor, Sage, Workdaysoftco.com

Facts

What it does: SoftCo automates invoice capture, matching, coding, and approval for complex, high-volume accounts payable operations.softco.com · 7 Oct 2026
AI capture: The platform extracts invoice data from PDFs, scanned paper, EDI feeds, email bodies, and e-invoicing formats.softco.com · 7 Oct 2026
Coding and fraud controls: SoftCo describes automated coding and routing for non-PO invoices and invoice risk scoring to flag potential fraud before payment.softco.com · 7 Oct 2026
Analytics: SoftCo Analytics includes pre-built AP reports and real-time visibility into invoices in process, exceptions, and performance.softco.com · 7 Oct 2026
Security: SoftCo says each customer environment has isolated databases and compute, and customer data is not shared or used for cross-customer training.softco.com · 7 Oct 2026
Security rating: The platform page reports an audited 9.9/10 security rating from Mastercard RiskRecon.softco.com · 7 Oct 2026
Compliance: SoftCo announced that its SoftCo10 platform achieved SOC 2 Type 2 compliance after an independent examination.softco.com · 7 Oct 2026
Support: After go-live, SoftCo says its Customer Success team reviews performance, identifies automation opportunities, and adapts the configuration as the business changes.softco.com · 7 Oct 2026
Implementation: SoftCo says standard deployments typically go live in approximately 10 weeks, with timing depending on ERP landscape, entities, and approval complexity.softco.com · 7 Oct 2026
Who it is for: SoftCo positions the product for high-volume organizations with complex ERP environments, multiple entities or jurisdictions, and exception-heavy AP operations.softco.com · 7 Oct 2026
Purpose: SoftCo automates invoice capture, matching, coding, approvals, and payment for accounts payable teams.softco.com · 8 Oct 2026
AI features: Its AI supports invoice capture, matching, coding, routing, and fraud detection, with recommendations that are auditable and traceable.softco.com · 8 Oct 2026
Invoice formats: SoftCo Capture extracts structured data from PDFs, scanned paper, EDI feeds, email bodies, and e-invoicing formats.softco.com · 8 Oct 2026
Security certifications: SoftCo Analytics describes role-based access controls, audit trails, SSO and SAML 2.0, AES-256 encryption, SOC 2 Type II certification, and seven-year data retention.softco.com · 8 Oct 2026
Integration limit: The 10-day certified-connector deployment applies to standard ERP versions and field mappings; heavily customized or complex environments can take longer or need another connectivity method.softco.com · 8 Oct 2026
Intended customers: SoftCo describes its AP automation as designed for complex, high-volume operations, including organizations with multiple entities, currencies, jurisdictions, or ERPs.softco.com · 8 Oct 2026
Company history: SoftCo says it was established in 1990 and has over one million business users worldwide.softco.com · 8 Oct 2026