SoftCo
32 Case Studies
A SoftCo Case Study
Apetito, the UK’s leading creator and supplier of meals for the health and social care sector, was struggling with a manual procure-to-pay process. Its invoice approval, receipting, and processing work was spread across multiple systems, lacked an interface with SAP for matched invoices, and became costly and time-consuming as the business grew about 10% annually. Apetito turned to SoftCo for help automating and tightening control of its procurement operations.
SoftCo provided an end-to-end Procure-to-Pay solution with automated invoice capture, matching, approval, and Advanced Analytics, fully integrated with SAP. As a result, apetito achieved 87% straight-through processing of PO invoices, 100% visibility over the procurement process, a 60% reduction in month-end close time, and a 1 year return on investment. The company also pays 90% of vendors on time.
Kevin Rosevere
Head of Finance