SoftCo named AP Automation leader by both Customers and Analysts in 2021 Spring edition of Spend Matters SolutionMap

News - 21 Apr 2021

SoftCo, the leading global provider of financial process automation solutions, is delighted to announce that it has once again been named Value Leader by Spend Matters in the Spring 2021 release of their AP Automation SolutionMap. Value Leaders are defined by Spend Matters as those who score above average with both analysts and customers.

SolutionMap is a quadrant ranking system made up of a rating from Independent SolutionMap Analysts and Customer scoring, both carrying equal weight. It has become the definitive procurement technology benchmark due to the depth of analyst assessments, quantity of real-life customer inputs and frequency of release. From this, users can clearly identify how a procurement technology vendor is perceived through different lenses.

Commenting, Pierre Mitchell, Chief Research Officer at Spend Matters said: “Beyond feature/function, we look at the platform elements to see what’s real and what’s not. Some users look for configurability, others don’t. We reflect buyer needs against, for instance, the application of AI, user experience, low-code platforms. With SolutionMap, procurement has this information at their fingertips.”

Anton Scott, CEO of SoftCo, commented: “The latest ranking for SoftCo in SpendMatters’ Solution Map validates the feedback that we have been receiving from our customers. The fact that we have been ranked as Value Leader by the SpendMatters analysts is a testament to the work that the team in SoftCo do to continuously improve our solutions.”

 

About SoftCo

SoftCo is a global organization with offices in the USA, Ireland, the UK, and the Nordics. SoftCo is ISO 27001 certified, a Microsoft Gold Partner, AWS Advanced Technology Partner and SAHKE2 certified. Over one and a half million business users worldwide across all industry sectors use SoftCo solutions which include AP Automation, P2P, AR and our Compliant Archive solution. Customers include the Finnish Government, Primark, Sunny D, Argos and Capita.

 

About Spend Matters

Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners, Inc.

https://spendmatters.com/solutionmap/