Ardent Partner’s AP Metrics that Matter in 2020
The report gives insights into success drivers and the significant challenges facing AP teams.
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Explore how Transcepta helps Procurement and Accounts Payable teams automate operations from end-to-end.
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The average time to process a single invoice is 8.6 days
Transcepta customers process invoices in under an hour
The average enterprise only processes 26.6% of invoices “straight-through”
Transcepta enables 100% straight-through invoice processing
The average enterprise struggles to locate important supplier profile information
Transcepta consolidates all supplier information into an intuitive interface that is updated in real-time.
The average enterprise only fully connects their top 15 suppliers due to resource constraints
Transcepta’s dedicated team will connect 100% of your suppliers
Most enterprises don’t know when a supply chain problem is about to occur
Transcepta alerts you ahead of time
Instant, end-to-end digital connection coupled with insights powered by artificial intelligence
Transcepta is an intelligent procure-to-pay platform that connects your suppliers enabling instant end-to-end digital communication. Using artificial intelligence the platform eliminates invoice exceptions, automates labor-intensive tasks, and transforms the way that businesses make decisions and collaborate with suppliers.
Learn about the benefits of straight-through invoice processing
Learn how to eliminate exceptions, dramatically reduce AP costs and shorten invoice processing time with straight-through invoice processing.
Onboard suppliers fast and at no cost
Transcepta owns the supplier onboarding process from start to finish, taking care of the heavy lifting and eliminating the headache of supplier connection. Give us a list of suppliers and our dedicated team of experts will take care of the rest. Suppliers also join for free and can use their existing systems and processes, making migration and onboarding fast and easy.
Raytheon lowered invoice exceptions by 78%
Communicate instantly in any format
Transcepta is a many-to-many platform that facilitates the instant electronic transfer of data between supplier and business, increasing both transparency and efficiency, and helping companies automate their procurement and accounts payable processes.
Automate and streamline accounts payable
Transcepta enables 100% straight-through invoice processing from your supplier to your AP system without scanning or OCR. Using artificial intelligence the platform eliminates paper, removes grunt work in your AP team, and increases your ability to scale operations, completely transforming the way enterprise organizations manage their invoices.
Reduce risk and make better, more informed decisions
Transcepta’s predictive analytics and reporting dashboard provides visibility into every aspect of your supply chain enabling you to identify potential disruptions, make better supplier and spend decisions, and accurately forecast liability and cash flow. Get the insights you need to make data-driven decisions and optimize your business.
Are you using Oracle Financials Cloud?
Transcepta is the only P2P platform with Oracle Validated Integration and is the choice for Oracle customers running Oracle Cloud, Oracle E-Business Suite, Oracle PeopleSoft, and Oracle JDE. Reduce cost, eliminate AP invoice exceptions, and automate the P2P process.
Make Transcepta your competitive advantage
Learn how Transcepta can help Procurement and AP teams automate supply chain operations and build a sustainable competitive advantage.