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Company Overview of Transcepta LLC
Transcepta LLC operates a procure-to-pay (P2P) network that electronically connects trading partners globally. The company allows enterprise companies to collaborate and transact electronically with their suppliers. Its P2P network solutions include supplier on-boarding, PO delivery, E-invoicing, cloud PO auto-match, invoice validation, VAT compliance, and supplier info management. The company also provides PO Cloud Match that enables users to authorize payments. Transcepta LLC was founded in 2005 and is headquartered in Aliso Viejo, California.
Aliso Viejo, CA 92656
Founded in 2005
Key Executives for Transcepta LLC
Vice President of Marketing and Sales
Compensation as of Fiscal Year 2014.
Transcepta LLC Key Developments
Covanta Selects Transcepta to Automate Accounts Payable
Jul 31 14
Transcepta announced that Covanta has selected Transcepta to eliminate the costs and inefficiency driven by receiving paper invoices from suppliers. Transcepta has developed the technology and approach to supplier on-boarding. To maximize adoption, Transcepta manages the entire on-boarding process for its customers. As part of this service, Transcepta notifies each supplier of the e-Invoicing initiative and works with them to determine their optimal invoice submission option. works with them to determine their optimal invoice submission option. For each invoice submission option, setup is completed in minutes and suppliers are able to send invoices directly from their existing billing system for guaranteed, secure delivery. Further, suppliers do not pay any setup or implementation fees and Transcepta does not require participation from supplier IT resources.
Transcepta Unveils PO Cloud Match
Sep 19 13
Transcepta unveiled its latest breakthrough PO Cloud Match. To authorize payments, automated accounts payable (AP) systems typically match supplier invoices to their organization's purchase orders. If any of the needed PO data is missing, invoices are held back, interrupting straight-through processing and necessitating manual follow up -- causing extra work and delays for all involved. Transcepta PO Cloud Match eliminates these drawbacks. Revolutionary PO Cloud Match from Transcepta enables customers to achieve the straight-through, electronic invoice processing rates possible. When suppliers submit invoices over the Transcepta Network, intelligent algorithms predict and populate any missing PO line item numbers. For PO line item numbers that are present, Transcepta verifies that they are accurate or valid, digitally matching the invoice to the PO. If the PO line item number cannot be predicted or if the PO data is invalid, Transcepta returns the invoice and purchase order side-by-side to the supplier, so that the supplier can 'clean' the invoice and resubmit it. Gone are the days when AP and procurement staffs struggle to reconcile invoice issues created by suppliers. As the growing network, Transcepta maximizes supplier adoption, ensuring: No supplier is left behind; connectivity is FREE, fast, and easy for all suppliers. Suppliers choose the connectivity option that works best for them; no manual keying of invoice data into portals required. Suppliers are connected to the network in less than a day.
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