It was announced today that the Finnish Government has chosen SoftCo to transform its procure-to-pay processes in one of the largest procure-to-pay projects of 2017.
The global provider of finance automation solutions was selected by the Finnish Government Shared Services Centre for Finance and HR as the most comprehensive solution from an extensive and competitive tender process and will be rolled out to every department within the Finnish Government.
Finland is one of the most advanced digital economies globally which is being led by the government’s focus on digitization and automation. The country’s public sector aims to save €1 Billion by 2029 as a result of digitizing public services.
The SoftCo Procure-to-Pay (P2P) solution is an extensive finance automation platform that automates key financial processes from procurement, invoice automation, supplier management and reporting uniquely within the same platform.
Commenting on the deal, Managing Director of Palkeet, the Finnish Government’s centralised Share Services Centre, Pirjo Poyhia said, "We are looking forward to collaborating with our new partner SoftCo. Our key goal for this project is to increase automation of the end-to-end procurement process and deliver significant savings to all government departments through our shared service centre."