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4.9 out of 5
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SoftCo AP Automation
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SoftCo AP Automation Features
What are the features of SoftCo AP Automation?
Invoice Management
- Capture
- Repository
Invoice Processing
- Matching
- Workflows
Analytics
- Due Dates
- KPIs
Integration
- Accounting
- Payment Integration
- ERP
Risk
- Analysis
Recovery
- Reporting
Audit
- Filters
- Post Audits
- Duplicates
Fraud
- Monitoring
SoftCo AP Automation Categories on G2
Filter for Features
Invoice Management
Capture | Provide features to capture invoices such as import or scanning This feature was mentioned in 20 SoftCo AP Automation reviews. | 88% (Based on 20 reviews) | |
Supplier Portal | Allow suppliers to submit invoices using an online portal | Not enough data | |
Repository | As reported in 13 SoftCo AP Automation reviews. Deliver a central repository of AP documents, such as POs and invoices | 91% (Based on 13 reviews) |
Invoice Processing
Matching | Ability to match AP invoices to POs, contracts, or payments 19 reviewers of SoftCo AP Automation have provided feedback on this feature. | 80% (Based on 19 reviews) | |
Workflows | Based on 19 SoftCo AP Automation reviews. Include workflows for approvals and invoice processing | 82% (Based on 19 reviews) | |
Tax Compliance | As reported in 10 SoftCo AP Automation reviews. Comply with local and global tax regulations for collections | 85% (Based on 10 reviews) |
Analytics
Due Dates | As reported in 14 SoftCo AP Automation reviews. Track invoices based on due dates to identify overdue payments | 85% (Based on 14 reviews) | |
KPIs | Based on 12 SoftCo AP Automation reviews. Monitor KPIs such as time to process an invoice or erroneous payments | 75% (Based on 12 reviews) |
Integration
Accounting | Provide integration with accounting and financial management software 14 reviewers of SoftCo AP Automation have provided feedback on this feature. | 87% (Based on 14 reviews) | |
Payment Integration | Based on 14 SoftCo AP Automation reviews. Integrate with payment gateways and enterprise payments software | 86% (Based on 14 reviews) | |
ERP | Deliver integrations with accounting modules of ERP systems This feature was mentioned in 19 SoftCo AP Automation reviews. | 87% (Based on 19 reviews) |
Risk
Analysis | Reduces future risks through root cause analysis and process improvement 13 reviewers of SoftCo AP Automation have provided feedback on this feature. | 79% (Based on 13 reviews) | |
Identification | Reduces frequency of errors, identifies risk and improves efficiency | Not enough data | |
Scoring | Scores suppliers and employees based on risk factors | Not enough data |
Recovery
Recoup | Identifies and recoups funds and prevents errors from happening again | Not enough data | |
Reporting | Based on 12 SoftCo AP Automation reviews. Offers reporting to aid in minimizing future lost profits and process breakdown | 83% (Based on 12 reviews) |
Audit
Filters | Includes a library of audit-tested filters to identify AP outliers that are outside company policy This feature was mentioned in 15 SoftCo AP Automation reviews. | 82% (Based on 15 reviews) | |
Post Audits | 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 | 85% (Based on 11 reviews) | |
Overpayments | Detects and prevents a wide range of overpayment errors | Not enough data | |
Duplicates | As reported in 17 SoftCo AP Automation reviews. Detects and prevents a wide range of duplicate payments | 90% (Based on 17 reviews) |
Fraud
Vendor Checks | Enables automatic checks of new vendors being set up in the system to combat potential billing schemes | Not enough data | |
Data Generation | Generates comprehensive data needed to conduct a thorough investigation | Not enough data | |
Monitoring | Based on 12 SoftCo AP Automation reviews. Provides continuous, proactive fraud monitoring across multiple systems and data formats | 88% (Based on 12 reviews) |
Agentic AI - AP Automation
Autonomous Task Execution | Capability to perform complex tasks without constant human input | Not enough data | |
Proactive Assistance | Anticipates needs and offers suggestions without prompting | Not enough data | |
Decision Making | Makes informed choices based on available data and objectives | Not enough data |
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