Case Study: Apetito achieves 87% straight-through processing with SoftCo AP Automation

Apetito cuts month-end close time by 60% with SoftCo

Apetito, a food and beverage company, faced a fragmented and manual procure-to-pay process that was difficult to manage and offered limited spend visibility. Their systems were disconnected, leading to slow approvals and an inability to scale with business growth. SoftCo implemented its Procure-to-Pay solution to address these challenges.

SoftCo's solution integrated with the existing ERP system to automate invoice processing and provide full spend control. The results included an 87% straight-through processing rate for invoices, a 60% reduction in month-end close time, and 90% of suppliers being paid on time, achieving a full return on investment within one year.

Apetito