Tuesday 27th May, 2014

Mediolanum, a leading European financial services provider of life insurance, asset management and fund services, has deployed SoftCo’s P2P Cloud platform for its Irish Operations based in Dublin.

The platform is used to automate the company's purchase-to-payment cycle, removing unproductive manual invoice processing tasks and delivering increased efficiencies across the finance department.

The Cloud P2P solution captures, automatically routes and compliantly archives financial documents such as invoices, purchase orders and credit notes. It also enables instant online access to documents while delivering strict compliance requirements.

Darragh Grennan of Mediolanum commented; "SoftCo’s solution has delivered real benefits and savings. 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."