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Bottomline helps businesses transform the way they pay and get paid. A global leader in business payments and cash management, Bottomline’s secure, comprehensive solutions modernize payments for businesses and financial institutions globally. With over 35 years of experience, moving more than $10 trillion in payments annually, Bottomline is committed to driving impactful results for customers by reimagining business payments and delivering solutions that add to the bottom line. Bottomline is a portfolio company of Thoma Bravo, one of the largest software private equity firms in the world, with more than $166 billion in assets under management. For more information visit www.bottomline.com
Rillion is a leading provider of AP Automation, with 3,00 clients and 250,000+ users worldwide. Capture invoice data from paper and emailed invoices; automate even the most complex approval workflows; automate Purchase Order matching; and have time-stamped invoice archive and audit functionality. Rillion is a modules-based solution that grows with the organization and is available on-premise or in the cloud. Palette is a global solution for multiple ERPs, countries, currencies and tax rules, with unlimited users and no user license costs, bulletproof compliance control and minimal I.T. involvement.
SoftCo Accounts Payable Automation processes all PO and non-PO supplier invoices electronically from capture and matching to invoice approval and query management. SoftCoAP delivers unparalleled touchless automation by incorporating unique Machine Learning technology to minimize the number of supplier invoices that require manual intervention. The result is 89% processing savings. Benefits of SoftCoAP include: Precise invoice data capture 90% touchless invoice processing with Auto ML Matching. 89% Faster processing of non-PO invoices with Smart Coding, Smart Routing & AutoML. Seamless management of recurring invoices On-the-go mobile approval Single channel for all payments regardless of type Certified ERP integration Powerful reporting and analytics All invoice data is captured using SoftCo’s Optical Character Recognition (OCR) technology. The Smart Matching engine matches invoice data to your purchase orders and goods receipt notes and automates even the most complicated matching scenarios, such as incomplete data, missing product codes, rounding issues and FX conversions. The result is a 38% improvement in match rate versus standard matching engines. Smart Coding harnesses Machine Learning to analyze previously coded invoices and automatically apply the correct coding for new invoices, reducing the reliance on the AP team’s knowledge and delivering coding in seconds rather than minutes. Smart Routing technology determines the correct routing of invoices for approval, reducing the time taken to correctly route invoices by 89%. SoftCoAP assigns your non-PO invoices to an automatic general ledger and cost center through posting templates that are associated with your vendors. Recurring invoices, such as subscriptions, leasing, rent and utilities, are automatically matched to your underlying PO, and SoftCoAP routes them for appropriate approval, without the need for supporting POs or GRNs. SoftCoAP incorporates anti-fraud functionality that delivers real-world fraud prevention and monitoring. Dashboard reports deliver greater clarity and insight into real-time day-today performance through Financial and Operational KPI reports. SoftCo Advanced Analytics tracks key trends to provide management with key insights required to manage costs, performance, and effectiveness of operations. SoftCoPay transforms payments from a cost center to a profit center by optimizing payments, earning rebates, reducing costs and mitigating payment risk. SoftCoPay streamlines payments into a single easy to use workflow regardless of payment type (card, ACH, or check).
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