Accounts Payable Automation.
OCR Free.
Transcepta has been perfecting AP Automation for almost 20 years. Transcepta customers benefit from the latest innovations, while less mature providers offer their customers old technologies such as OCR. “Learning technology” is embedded in the platform and it learns not only from your supplier relationship, but all of the thousands of customer-supplier relationships in the Transcepta Supplier Network.
The results:
- 100% straight-through invoice processing.
- The ability for suppliers to resolve invoice exceptions before AP sees them.
- Automated GL Coding.
- 2 and 3 way matching every time.
See Transcepta in Action!
Save time, cut costs, and
control your cash flow.
Transcepta is the Only OCR-Free AP Automation Platform
OCR-Free
OCR (with or without AI)
No Mapping
Verification, Ever
Digital supplier network eliminates the need for mapping verification
OCR Mapping Verification
Even with AI and ML, each invoice must be processed 3 to 5 times to verify accuracy. Doing business with new vendors means you'll always need to staff for mapping verification
No Read Errors
100% accuracy and fidelity
OCR Read Errors
Every 1,000 invoices adds 33 hours to your AP team’s workload
Digital Supplier
Network
Suppliers resolve invoice exceptions before they occur in AP
Incomplete or
Errored Invoices
Every 1,000 invoices adds 166 hours for AP to resolve issues with suppliers or internal approvers
OCR-Free
No Mapping
Verification, Ever
Digital supplier network eliminates the need for mapping verification
No Read Errors
100% accuracy and fidelity
Digital Supplier
Network
Suppliers resolve invoice exceptions before they occur in AP
OCR (with or without AI)
OCR Mapping Verification
Even with AI and ML, each invoice must be processed 3 to 5 times to verify accuracy. Doing business with new vendors means you'll always need to staff for mapping verification
OCR Read Errors
Every 1,000 invoices adds 33 hours to your AP team’s workload
Incomplete or
Errored Invoices
Every 1,000 invoices adds 166 hours for AP to resolve issues with suppliers or internal approvers
Capture Every Invoice Format, From Everyone with Transcepta AnyInvoice
As part of the Transcepta Platform, Transcepta AnyInvoice accepts invoices in PDF, EDI, XML, CSV, or through the Transcepta Supplier Portal or Virtual Printer. Regardless of format, Transcepta provides you with an electronic file and image of every invoice.
We had to have a solution that worked for all suppliers regardless of size and invoice volume.
AP Director, Raytheon
Benefit from the Transcepta Supplier Network
Since 2005, the Transcepta Supplier Network has serviced over 100 million transactions from hundreds of thousands of companies. All of this data educates the Transcepta Platform — which means you receive more invoices ready to pay.
With Transcepta AP Automation, you’ll process invoices faster, more easily, and with less frustration.
Gain Consistency, Accuracy, and Visibility in Your AP Processes
Transcepta helps AP teams regain control over their AP processes and cash flow.
Transcepta’s AP Automation solution eliminates 90% or more of invoice exceptions. As a result, you’ll spend less time dealing with unexpected errors or tracking down missing information. With more consistency in the invoices you receive, you can focus on more important tasks such as improving supplier relationships and ensuring compliance.
Additionally, Transcepta helps AP teams eliminate errors. Because Transcepta matches PO numbers and GL codes to invoices accurately and automatically, you no longer have to worry about mismatches, over- or underpayments, or duplicated payments.
Further, the Transcepta platform provides suppliers with visibility into the status of their payments. This means AP teams no longer have to answer phone calls or reply to emails from suppliers regarding payment status.
Transcepta’s AP Automation solution eliminates 90% or more of invoice exceptions
We’re saving so much time and keeping our suppliers
happy in the process. It’s a win-win.
Charlotte Arnold, VP Operational Accounting, The TJX Companies
Strengthen Your Supply Chain
Transcepta helps you minimize disruptions to your supply chain and enhance your supplier relationships. Transcepta Supplier Information Management unifies all your supplier information in one convenient place, including contact information, W-9, banking details, and transaction history. Transcepta Payments enables you to pay suppliers however they want — ACH, card, or check. Additionally, we provide connectivity for any suppliers requiring electronic POs, POAs, and ASNs.
