Transcepta: AP Automation & Touchless Invoice Processing
Transcepta helps CFOs and AP teams automate invoice capture and matching. It is designed for businesses looking to reduce manual data entry and increase visibility into cash flow.
At a glance
- Category
- Finance & Accounting
- Best for
- Small businesses, Mid-market companies, Enterprise companies, CFOs and finance leaders, Accounts Payable teams
- Pricing
- Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
- Key use cases
- Touchless Invoice Processing, Automated Invoice Matching, Proactive Error Resolution, Payment Strategy Execution
- Integrations
- Oracle, SAP, Microsoft Dynamics, NetSuite, QuickBooks
- Official website
- transcepta.com
Transcepta is an accounts payable automation platform designed to replace manual data entry and legacy OCR processes. It uses AI-based CloudCapture technology to handle invoices in various formats and supports straight-through processing to prepare invoices for payment.
The tool is built for finance leaders, controllers, and AP teams in companies ranging from small businesses to large enterprises. It supports the validation of invoices through 2-way and 3-way matching and predictive GL coding.
Beyond capture, the platform includes a supplier network that allows vendors to correct invoice errors before they reach the AP department. It also supports payment execution via several methods to align with a company's financial strategy.
Buyers should confirm that their specific ERP version is compatible and review how the supplier resolution workflow fits with their current vendor relationships.
Key Features
Captures invoice data in any format using AI instead of traditional OCR to reduce manual entry.
Supports 2-way and 3-way matching of invoices to purchase orders.
Helps assign general ledger codes to non-PO invoices automatically.
Allows suppliers to see and correct invoice errors before they are submitted to the AP team.
Supports payments via ACH, wire transfers, virtual cards, and checks.
Provides visibility into the status of invoices for both the internal AP team and suppliers in real time.
Use Cases
Using AI to capture and validate invoices so they arrive in the ERP ready for payment.
Matching invoices against POs and using predictive coding to reduce manual validation.
Enabling suppliers to fix billing mistakes via the supplier network before they enter the AP workflow.
Managing payment methods like virtual cards and ACH to support cash flow goals.
Best For
Integrations
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
FAQ
Yes, Transcepta is designed to integrate with a variety of ERPs, including Oracle, SAP, NetSuite, and legacy systems like IBM iSeries.
Transcepta uses AI-based CloudCapture technology rather than traditional Optical Character Recognition (OCR) to capture invoice data.
Transcepta executes payment instructions via methods like ACH and wire transfers, but it does not hold or possess customer funds.
Source category: Finance & Accounting
Source subcategory: Workflow Automation
