SoftCoPay is a comprehensive vendor payment and spend management solution designed to transform payment processes from a cost center into a profit center. By consolidating all payment types—including card, ACH, and check—into a single, easy-to-use workflow, SoftCoPay eliminates manual tasks and reduces human error. The platform enables organizations to make payments to over 3.8 million vendors worldwide, supporting transactions in more than 145 currencies and over 200 countries. SoftCoPay integrates seamlessly with any bank or ERP system, minimizing setup time and costs. Its robust security features include full encryption, bank validation, and country-specific payment validation tools, ensuring secure and compliant transactions. Organizations benefit from reduced payment transaction costs, industry-leading foreign exchange rates, and the ability to earn rebates on US domestic payments. Real-time reporting and dashboards provide complete transparency and control over payment processes, while flexible vendor payment options and accelerated cross-border payments improve vendor relations and operational efficiency. SoftCoPay is supported by a global partner network and over 35 years of industry expertise, making it a trusted solution for optimizing accounts payable operations.

Features & Benefits

• Unified Payment Workflow: Processes all payment types through a single file and streamlined workflow, reducing complexity and manual intervention.
• Extensive Vendor and Partner Network: Access to 3.8 million vendors and partnerships with over 100 banks and trading institutions across six continents.
• Cross-Border Payment Capability: Supports payments in 145+ currencies to more than 200 countries, with same-day international processing and $0 wire fees for vendors.
• Enhanced Security & Fraud Mitigation: Features full encryption, robust bank validation, and country-specific compliance tools to ensure secure payments.
• Real-Time Reporting & Transparency: Provides detailed, real-time reporting and dashboards for full visibility and control over all payment activities.