Accounts Receivable Management Featured Article

Companies Continue to Select Transcepta to Automate Their Accounts Payable and Procurement Processes

October 17, 2012

Global procure-to-pay (P2P) network provider Transcepta continues to solidify itself as the ideal choice for organizations that are seeking to automate their accounts payable and procurement processes.

There are several features that differentiate Transcepta solutions from competitor’s products including a supply of onboarding services that provide a rapidly scalable solution to thousands of suppliers, as well asfree membership in the Transcepta Network for every supplier to maximize adoption and eliminate friction during the on-boarding process.

Additional features include electronic collaboration to ensure that each transaction meets customer business requirements and VAT compliance services that enable customers to be certain that their electronic invoices are recognized as complete, authentic, and unchanged by courts and authorities around the world

Customers benefit from Transcepta’s “cloud mapping” technology and supplier onboarding approach as they can connect with virtually all their suppliers, regardless of supplier size or sophistication, to implement e-invoicing as well as a host of digital collaborative capabilities.

Further, the company offers quick deployment and transmission of only those transactions that meet customers' specific business requirements.

Currently, four Fortune 500 companies, a multi-billion dollar energy company and a global financial services company have team with the firm. Three of these customers were using other networks but were disappointed with supplier adoption results and thus decided to migrate to the Transcepta Network.

“Customers choose Transcepta because it enables electronic collaboration with more suppliers than any other network,” said Shan Haq, vice president at Transcepta, in a statement. He added that more and more customers are leveraging Transcepta's ability to connect thousands of their suppliers in just a matter of weeks in order to easily migrate from existing networks.

Earlier this year, Transcepta Network achieved Oracle (News - Alert) Validated Integration with the Oracle E-Business Suite 12.1.




Edited by Jamie Epstein

Article comments powered by Disqus

Related Accounts Receivable Management Articles

Ohio Society of CPAs Names TekCollect Preferred Solutions Partner for Accounts Receivable Management

Ohio Society of CPAs selects TekCollect as preferred solutions partner for Accounts Receivable Management (ARM). [ Read More ]
07/02/2015

Metafile Information Systems and WennSoft Form Partnership for Paperless Solutions

Two organizations that specialize in providing paperless solutions and streamlining operations have formed a strategic partnership to bring their technologies together to deliver new and improved paperless capabilities. [ Read More ]
06/30/2015

RevSpring Launching New Technology Platform at HFMA ANI Conference

While no vertical market wants to be a laggard when it comes to engaging their customers and encourage them to pay promptly, few have had the challenges of the healthcare industry. As all of us who are on the patient side of things are aware, to say the least, the record keeping on a host of issues ranging from personal information privacy to compliance to insurance to payments at times can seem baffling, and this is even more so for the provider side of things. [ Read More ]
06/24/2015

FCC Affirms New Telephone Consumer Protection Act's (TCPA) Protections, Industry Concerns Remain

On 3-2 vote FCC affirms updates to TCPA protections, industry concerns remain as it awaits decision language. [ Read More ]
06/23/2015

Events

Weekly Live Demo
Contact Center Solutions

Register Today!


Weekly Live Demo
CaaS Small Center

Register Today!