Paymerang vs ReadSoft
PaymerangAccounts Payable Automation
CustomPublished price
ReadSoftAccounts Payable Automation
CustomPublished price
Paymerang Accounts Payable Automation The only fully-managed AP automation software on the market. | ReadSoft Accounts Payable Automation Trusted AI-powered automation | |
|---|---|---|
| Overview | ||
| Category | Accounts Payable Automation | Accounts Payable Automation |
| What it is | Finance automation platform offering invoice and payment automation for mid-market companies with virtual card rebates. | Invoice capture and AP automation software acquired by Kofax (now Tungsten Automation) widely deployed in SAP and Oracle environments. |
| Pricing | ||
| Published price | Custom No standard public plan; quoted by volume. Third-party listings cite a ~$5,000 implementation base (plus ~$10,000 for GL/approver enhancements) and roughly $1 per posted invoice w… | Custom Rebranded/succeeded: ReadSoft (via Kofax, now Tungsten Automation) is a legacy AP invoice-automation line with standard support ending Dec 31, 2025. Its cloud successor is Tungste… |
| Pricing model | Custom quote | Custom quote |
| Free options | No free plan · No free trial | No free plan · No free trial |
| Deal on Cubbie | None right now | None right now |
| Company | ||
| Founded | 2010 | 1991 |
| Team size | 201-500 employees | 201-500 employees |
| Headquarters | Richmond, VA | Helsingborg, Sweden |