Case Study: Mediolanum achieves 100% procure-to-pay visibility and 80% straight-through invoice processing with SoftCo Procure-to-Pay

Mediolanum - Customer Case Study

Mediolanum European Funds HQ, part of the Mediolanum Group managing €42 billion of assets, faced rapid workforce growth and lacked full visibility across its procure-to-pay processes. Manual procurement and accounts payable tasks were slowing invoice processing, complicating month-end close and driving up document storage and retrieval costs. To address this, Mediolanum engaged SoftCo to deploy its Procure-to-Pay and Compliant Archive solution.

SoftCo delivered an end-to-end Procure-to-Pay implementation — eProcurement, invoice capture, auto-matching, configurable approval workflows integrated with Mediolanum’s InvestPro ERP, plus the SAHKE2-certified SoftCo Compliant Archive. The solution gave Mediolanum 100% visibility and control of the P2P cycle, achieved 80% straight-through invoice processing (for ~10,000 invoices p.a.), removed manual invoice tasks, sped up approvals (including on-the-go email approval) and ensured compliant, fast document retrieval, delivering clear efficiency and cost improvements.

Mediolanum

Darragh Grennan

Finance Manager