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What is SoftCo AP Automation?

SoftCo’s Accounts Payable Automation streamlines the processing of both PO and non-PO supplier invoices, handling everything from invoice capture and matching to approval and query resolution electronically. By leveraging advanced AI technologies, SoftCoAP achieves remarkable touchless automation, drastically reducing the necessity for manual intervention on supplier invoices, which leads to an impressive 89% savings in processing costs. As a global entity, SoftCo operates offices in the USA, Ireland, the UK, and the Nordics, ensuring a widespread presence in various markets. The company is not only SOC 1 and SOC 2 audited but also holds ISO 27001 and SAHKE2 certifications, complementing their status as a Microsoft Gold Partner and AWS Advanced Technology Partner. With over one million business users around the globe across diverse industries, SoftCo solutions are trusted by notable clients including SunnyD, the Finnish Government, Primark, Patagonia, and PwC, demonstrating their broad appeal and effectiveness. Furthermore, SoftCo's commitment to innovation and quality is a key factor in its continued growth and success in the market.

What is Kanverse?

The Kanverse AP Invoice Automation platform streamlines document processing workflows for businesses through intelligent automation. By integrating various AI technologies—such as Computer Vision, Natural Language Processing, Machine Learning, and Fuzzy Logic—along with established business rules and workflows, Kanverse achieves comprehensive automation from start to finish. This platform facilitates the ingestion, extraction, processing, validation, and publication of invoices and other accounting documents to various downstream business applications, including Oracle EBS, Oracle Fusion, NetSuite, and Microsoft Dynamics. The Kanverse AI engine employs advanced technologies that provide an impressive data extraction accuracy rate of up to 99.5% right out of the box. With the power of AI and automation, Kanverse efficiently processes a wide array of document types, transforming unstructured and skewed data into valuable insights while simultaneously lowering operational costs across business functions. By introducing intelligent automation, the platform eliminates the need for manual, repetitive, and tedious tasks, enabling staff to concentrate on more critical business activities. Furthermore, it enhances data protection measures to safeguard Personally Identifiable Information (PII) and mitigate the risk of fraud, ensuring a comprehensive approach to document processing.

Media

Media

Integrations Supported

Boomi
COINS
Dynamics 365 Remote Assist
Guidewire
Majesco
NetSuite
Oracle API Management
Oracle Aconex
Oracle Fusion Cloud ERP
Sage Intacct

Integrations Supported

Boomi
COINS
Dynamics 365 Remote Assist
Guidewire
Majesco
NetSuite
Oracle API Management
Oracle Aconex
Oracle Fusion Cloud ERP
Sage Intacct

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SoftCo

Date Founded

1990

Company Location

United States

Company Website

softco.com

Company Facts

Organization Name

Kanverse.ai

Date Founded

2020

Company Location

United States

Company Website

www.kanverse.ai/

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Claims Processing

Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration

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