Transcepta

Transcepta

Transcepta offers an intelligent procure-to-pay platform that automates Accounts Payable processes, eliminating the need for manual invoice handling. By leveraging AI, it achieves 100% straight-through processing, reduces exceptions, and enhances decision-making through consolidated supplier insights. Trusted by top global companies, it seamlessly scales with business needs for improved efficiency.

Top Transcepta Alternatives

1

Outright

Outright allows you take your small business finances in one place, with simple invoicing and bookkeeping.

2

Comdata AP Automation

This accounts payable software streamlines financial processes, automating invoice handling and payment approvals for businesses.

3

Yooz

Yooz revolutionizes accounts payable with its intuitive cloud-based E-invoicing and Purchase-to-Pay automation solution.

4

TeamPay

Accounts Payable Software simplifies financial management by automating repetitive tasks and streamlining purchase processes.

5

MineralTree

Empowering CFOs and accounting teams, this AP automation solution streamlines workflows, enhances cash flow visibility, and minimizes errors.

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DocuVantage OnDemand

DocuVantage OnDemand revolutionizes document management with its cloud-based solution designed for Accounts Payable automation.

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Tipalti

It accelerates invoice approvals and facilitates fast global payments across 190 countries...

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Centreviews Business Intelligence Suite

With cloud-based BOTS, it streamlines workflows, reduces errors, and enhances cash flow...

9

Invoice To Pay

With features such as accurate invoice data capture, automated approval routing, and flexible payment options...

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OnPayConnect Accounts Payable

It simplifies domestic and international transactions through multiple channels—cards, ACH, and electronic checks—while reducing costs...

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PairSoft

By automating tedious tasks, it enables teams to concentrate on strategic initiatives...

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Circulus

By transitioning payables to the Cloud, it streamlines AP workflows, enhances data security, and reduces...

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DocuPhase

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Productivity Wrx

By integrating seamlessly with over 350 systems, it automates invoice receipt, approval, and posting, reducing...

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AvidXchange

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Transcepta Review and Overview

When it comes to invoice-processing in any business, most finance departments seem to be intimidated by the humongous amount of manual labor and paperwork that they will have to put in. So, why not automate the process? That should make the process easy and convenient, right? But with frequent invoice exceptions, that hardly seems like a possibility, well, until Transcepta entered into the market. Where most advanced platforms still require your Accounts Payable team to do almost 40% of the invoicing manually, Transcepta comes with cutting-edge technology to provide you with a seamless workflow that is 100% automated.

100% automation for your AP department

Right from your suppliers to your AP system, automate every step in the chain with Transcepta. There is no requirement of manual keying as instead of scanning or OCR, Transcepta uses state-of-art mapping technology to transform invoices from all sources into digital forms. You can feed invoices can into the system in the form of emailed PDF, XML, CSV, web, etc. or via Transcepta’s Virtual Printer. So, no matter the source of the invoice, you can free your team of grunt paperwork and save time for other essential aspects of your business. 

Resolving issues with Artificial Intelligence

Bring about a phenomenal transformation in your invoice management with the wonders of Artificial Intelligence. Once the invoices have been automatically uploaded on Transcepta and digitized, it inspects and sets aside exceptions using AI algorithms, while taking your business requirements into account. A proprietary matching algorithm resolves all the invoice exception cases and transfers them to your AP stream along with the other invoices. So, you get a seamless payment workflow, free from all technical issues without any manual intervention at all.

Streamline your processing work by connecting all your suppliers 

Regardless of the size, bring all your suppliers into one platform at no extra onboarding fees for them. With Transcepta’s workflow and connectivity solutions, stay in touch with your suppliers electronically along with automated approvals and routing of invoices. Neither your suppliers need to alter their billing configurations, nor your AP department gets to bear unnecessary operational costs. Additionally, by integrating existing ERP or AP systems with Transcepta, you can boost productivity across the entire chain without a hitch.

Top Transcepta Features

  • AI-driven invoice processing
  • Highest 2 and 3-way match rates
  • Automated GL code predictions
  • Continuous learning for efficiency
  • Centralized supplier information repository
  • Comprehensive analytics dashboard
  • Reduced invoice exceptions
  • Significant annual processing savings
  • Scalable solution for all businesses
  • Fast and frictionless implementation
  • Supplier contact and banking details
  • Enhanced visibility for decision-making
  • Elimination of manual invoice tasks
  • Optimized cash flow forecasting
  • Supplier transaction history tracking
  • Proven success across industries
  • Global Supplier Network integration
  • Increased supplier satisfaction
  • Streamlined procure-to-pay process
  • Data-driven decision-making support.