Glasgow, UK. SoftCo, leaders in Purchase-to-Pay (P2P) and Cloud solutions, are delighted to announce the successful implementation of SoftCo P2P across the William Tracey Group, one of the UK’s leading recycling and resource management companies. SoftCo’s P2P solutions streamline Accounts Payable and Procurement processes, reduce costs and ensure compliance for over 400,000 users worldwide.
With operations in nine locations across the UK and employing over 450 employees, the William Tracey Finance department manually process over 25,000 non-trade purchase invoices each year. Prior to the deployment of SoftCo P2P, no standard purchase order system was implemented within the Group resulting in the approval, receipting and processing of invoices being a largely manual and timely process. William Tracey identified an urgent requirement to address these challenges and fully automate the entire P2P process.
“We chose SoftCo to address our P2P requirements because of their proven expertise in the area” commented Paul Leonard, Group IT & Business Change Manager William Tracey. “They delivered the project on time and we are already seeing significant benefits and cost savings.”
Delivered on a Cloud platform, SoftCo P2P is fully integrated with the groups Navision system enabling control, visibility and speed throughout the entire process.