Dublin, Ireland. SoftCo, leaders in Business Process Automation solutions in the Cloud, is pleased to announce that Mediolanum has joined a growing number of blue chip organisations that have deployed SoftCo’s Purchase to Pay (P2P) Cloud solution.
Mediolanum is a leading European financial services provider of life insurance, asset management and fund services. Mediolanum’s Irish Operations in Dublin has implemented SoftCo P2P as a Cloud platform to automate its purchase-to-payment cycle, removing unproductive manual invoice processing tasks and delivering increased efficiencies across the finance department.
The SoftCo Cloud P2P solution captures, automatically routes and compliantly archives financial documents such as invoices, purchase orders and credit notes. The platform enables instant online access to documents while delivering strict compliance requirements.
“SoftCo’s solution has delivered real benefits and savings” commented Darragh Grennan of Mediolanum. “We now have better access to data with full visibility and control at every stage of the payment cycle enabling faster query settlement and improved efficiencies across the finance department.”
Mediolanum is a financial market leader in Italy, with established operations in Spain, Germany, Ireland, and Luxembourg. The Group has more than 2,300 employees, and a network of over 5,000 financial advisors serving in excess of 1 million customers. Mediolanum operates an integrated and comprehensive multi-channel model delivering products and services in retail financial sectors, including banking, pensions, mutual funds, and insurance.