Compare SoftCo AP Automation vs Rillion vs Precoro

SoftCo uses advanced AI and cognitive OCR technology to capture data from various invoice formats and sources, ensuring accurate and efficient invoice processing. This reduces manual intervention and accelerates the processing cycle.

The software seamlessly handles both purchase order (PO) and non-PO invoices, making it versatile and suitable for a wide range of business operations. This flexibility ensures comprehensive invoice management across different transaction types.

SoftCo AP Automation includes built-in fraud prevention capabilities, leveraging real-time risk assessments to spot potential fraudulent activities. This reduces the risk of financial loss and helps maintain compliance with industry regulations.

The platform goes beyond simple invoice processing by validating and matching recurring supplier invoices with subscriptions and contracts. This ensures that all approvals are accurate and aligned with previously agreed terms, reducing errors and financial discrepancies.

Rillion covers the entire accounts payable lifecycle—from invoice capture and AI-driven coding to PO matching and B2B payments—delivering an all-in-one automation platform.

With support for multiple ERPs, tax regulations, currencies, and regions, Rillion is ideal for multinational organizations managing complex financial environments.

A robust, searchable invoice archive and detailed audit trail make compliance and audit preparation seamless, ensuring confidence in regulatory reporting.

Unlimited user access without licensing charges makes Rillion an especially cost-effective solution for organizations with large or distributed teams.