Transcepta
Transcepta provides an intelligent AP Automation solution that evolves with organizational needs, eliminating manual processes and errors, and unifying supplier information in one platform.
Services
Transcepta offers an AP Automation solution tailored to improve accounts payable processes. The platform includes capabilities such as PO and non-PO invoice validation via features like PO CloudMatch and CloudCode. It helps AP teams minimize manual tasks, expedite invoice approvals, and achieve comprehensive visibility into the AP process. Additionally, Transcepta AnyInvoice supports various invoice formats, enhancing flexibility and efficiency in managing supplier payments.
Products
Transcepta's primary product is its advanced AP Automation platform. This platform helps eliminate manual entry errors like overpayments and duplicate payments by using intelligent features. It unifies supplier information, ensuring all contact details, W-9 forms, banking information, and transaction histories are centralized for ease of access. The platform also includes advanced analytics and reporting tools to give insights into the entire supply chain, improving payment decisions and forecasting capabilities.
History
Transcepta has been a pioneer in AP Automation solutions for 20 years, consistently evolving to meet the demands of modern businesses. Since its inception, the company has facilitated hundreds of millions of transactions for hundreds of thousands of companies through its Supplier Network. Established in 2005, the network allows suppliers to join for free and easily integrate with their existing systems, enhancing the onboarding process.
Supplier Network
The Transcepta Supplier Network connects suppliers with the tools they need to streamline document handling. This network supports documents such as purchase orders, acknowledgements, advance shipment notices, invoices, and credit memos. By offering a centralized, intuitive self-service dashboard, suppliers can manage important data, like W-9 forms and banking details. The network also accepts a wide range of invoice formats to suit diverse business needs.
Analytics and Reporting
Transcepta's platform is equipped with powerful analytics and reporting capabilities. The dashboard offers visibility into every aspect of the supply chain, enabling clients to make well-informed supplier and payment decisions. By processing vast amounts of data with learning technology, the platform can identify patterns and trends that may otherwise go unnoticed. This functionality supports accurate forecasting of liability and cash flow.