Tech firm Softco wins €17m contract with Finnish government

Irish software firm SoftCo has won a $20 million (€17 million) deal with the Finnish government to transform its procure-to-pay processes.

The company’s platform will be used to manage all procurement and invoice processing for more than 70 government departments. The move comes as the Finnish legislature is looking to save up to €1 billion by 2029 from digitising public services.

SoftCo’s Procure-to-Pay solution is a software platform that automates key financial processes from procurement, invoice automation, supplier management and reporting.

Headquartered in Dublin and with offices in the UK, US and Finland, SoftCo has more than one million business users worldwide. Clients include Volkswagen, Primark/Penneys, PwC and Renault.