Only Transcepta can eliminate 100% of invoice exceptions

Most AP departments recognize that automation is the key to efficiency, but frequent invoice exceptions make it nearly impossible to achieve straight-through processing. Even best-in-class organizations still need to manually process 40% of invoices. Transcepta completely eliminates invoice exceptions and enables AP departments to achieve 100% automation.

Quickly and easily connect suppliers

The Transcepta Platform enables AP to easily communicate and collaborate electronically with their suppliers. Suppliers are onboarded free of charge using Transcepta’s robust set of connectivity options and are not forced to change their billing or process configurations.

Accept invoices in any format, no restrictions

Transcepta accepts invoices via emailed PDF, web, EDI, XML, CSV, or through the Transcepta Virtual Printer, and uses revolutionary mapping technology to convert them into a truly digital format, without using scanning or OCR. This process eliminates exceptions and manual keying, saving time and ensuring that every invoice is 100% accurate.

Validate and resolve issues in invoices with artificial intelligence

After an invoice has been digitized, Transcepta uses an AI-driven algorithm to inspect the content for exceptions and validate it based on your business requirements. If exceptions are found, Transcepta automates resolution using a proprietary matching algorithm, then transfers the invoice directly into your AP system for payment, all without manual intervention.

Use workflows to route, approve, and code invoices

Increase productivity and reduce operational costs across your AP department using Trancepta’s workflow solutions. Workflows eliminate the need for complicated GL-coding and automate the approval and routing of invoices, drastically reducing manual labor. Transcepta can also seamlessly connect to any existing ERP or AP system.

We wanted all of our suppliers to connect electronically, and we knew to accomplish that we had to have a solution that worked for all suppliers regardless of size and invoice volume.

— Alex Benanti, Finance Shared Service, Raytheon Company

Automate and streamline accounts payable

Transcepta eliminates paper, removes manual labor, and increases efficiency, completely transforming the way businesses manage accounts payable.

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