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SoftCo Ltd

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Pioneer Investments Reduce Invoice Processing Time Significantly with SoftCo AP


SoftCo, leaders in Purchase-to-Pay (P2P) solutions, are delighted to announce the successful implementation of SoftCo’s Accounts Payable automation solution, SoftCo AP, in Pioneer Investments Dublin.

Dublin, Ireland, July 09, 2015 --(PR.com)-- Pioneer Investments is a global investment manager dedicated to growing and preserving client assets and building trust, in partnership with financial professionals and institutions worldwide, since its foundation in 1928. With a presence in 28 countries worldwide it currently manages over €225 billion in assets as at 31 March 2015.

Pioneer Investments Dublin office employs over 400 full-time staff.

SoftCo AP provides organizations with a highly flexible solution, which captures, automatically routes and compliantly archives financial documents such as invoices, credit notes and expense claims.

Prior to the deployment of SoftCo AP, Pioneer Investments Accounts Payable department physically received and manually processed invoices from regional offices throughout Europe and Latin America, resulting in longer processing times and higher operational costs. With SoftCo AP invoices are now captured, processed and approved electronically, reducing their invoice processing time. The solution is fully integrated with Pioneer Investments PeopleSoft ERP system and has delivered significant processing improvements.

“SoftCo AP has cut the invoice processing time, giving us cost savings and instant visibility on the status of the invoice.” Commented Siobhan White, Manager Transactions Processing and Controls in Pioneer Investments.

To learn more about SoftCo’s solutions visit http://softco.com/solutions.asp
Contact Information
SoftCo Ltd
Tracey O'Halloran
353 1 294 2420
Contact
www.softco.com

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