SoftCo, Irish Software Company, announce 50 new jobs due to strong growth

Expansion of R&D, Sales and Cloud Services divisions. New offices opened in Helsinki and Cork. Alliance Medical and Beacon Hospital deploys new SoftCo eClaims solution delivering significant savings to the Irish Health Service.
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LEOPARDSTOWN, Ireland - Sept. 25, 2014 - PRLog -- Dublin, Ireland. SoftCo, the leading Irish software technology company, is delighted to announce the addition of up to 50 new positions primarily in its R&D, Sales and Cloud Services divisions which will bring the total employee numbers to 120 over the next twelve months. The company also recently opened offices in Helsinki and Cork.

The expansion reflects strong international demand for its Business Process Automation solutions and the successful rollout of its ‘revolutionary’ health insurance Claims Management Solution, SoftCo eClaims. SoftCo also secured a number of new Healthcare deals including Alliance Medical, Beacon Hospital, Whitfield Clinic and Providence Hospital in Columbia, South Carolina.

Established in 1990, SoftCo is one of the most successful indigenous Irish Software companies with 500,000 users worldwide. It delivers Purchase-to-Pay solutions for leading organisations including Volkswagen, the Musgrave Group, Sunny Delight, and the Finnish Government.  The company’s Business Process Automation solutions streamline business processes, reduce costs and ensure organisations meet their compliance obligations.

SoftCo has also achieved significant success in the Healthcare market with customers globally including Iowa HealthSystems, Vhi Healthcare, St Vincent’s Private Hospital and St Peter’s University Hospital in New Jersey.

The company has also deployed its SoftCo eClaims solution in the Irish Healthcare market. SoftCo eClaims is the only Claims Management Solution in Ireland that successfully automates the processing of hospital health insurance claims in full compliance with the new eClaims standard defined by the major Healthcare Insurers (Vhi, laya & Aviva), known as the Multi Insurer Group (MIG).

“For the eClaims insurers, SoftCo creates fully electronic claims and the system automatically checks them before sending to make sure they’re right, this has effectively eliminated our returned claims, we’re delighted with the results”
-Martin Degnan, CFO, Alliance Medical.

The MIG states that ‘eClaims will revolutionise the way claims are processed in the Irish healthcare industry”resulting in the phasing out of the current inefficient paper claims processes and the delivery of significant benefits for the Industry.

The first hospital deployment of SoftCo eClaims went live in Beacon Hospital in December 2013, followed recently by Alliance Medical with further projects, including Whitfield Clinic in Waterford, going live in 2014.  SoftCo eClaimsstreamlines the entire claim lifecycle and automatically checks the claim data against the insurers’ business rules before they are submitted thereby ensuring accurate claim submissions, reduced claim returns and substantial cash flow benefits to Healthcare providers.

“We are delighted with the growing number of new customers implementing our Business Process Automation Solutions both in Ireland and internationally. This is a direct result of delivering real savings and a strong return on investment to our customers”
-Susan Spence, Chairman, SoftCo.

Watch this video to see the impact SoftCo eClaims has had at Beacon Hospital:
https://www.youtube.com/watch?v=Jrxx9TkKPZk&feature=y...



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