Transcepta is a supplier network, sometimes known as a procure-to-pay network, that connects customers and their suppliers to transact procurement and AP documents electronically, bypassing traditionally manual and paper-based processes. These documents include invoices, credit memos, Purchase Orders (POs), PO Acknowledgements, Advance Ship Notices, and more.
Transcepta’s global supplier network connects customers with suppliers of all fields, regardless of the supplier’s size or sophistication. Our main goal is to electronically connect customers with suppliers as efficiently as possible, to ensure straight-through processing.
Transcepta accepts documents through multiple methods including email, web portal, virtual printer, and electronic data such as EDI and XML. Once Transcepta has received a supplier’s documents, our system processes them through validation rules set forth by the customer. Transcepta then submits these validated documents to the customer’s Accounts Payable system for payment processing. Transcepta also enables the reverse flow for PO feeds from the customer’s ERP system, enabling suppliers to see POs in the most effective format.
Transcepta is free to suppliers, accommodates suppliers’ preferences, and offers a streamlined registration and connection process. Common errors are communicated to suppliers quickly to allow for expedient adjustment and re-submission. Suppliers can also check the status of their submitted documents on the Transcepta Supplier Portal for improved visibility into the AP process.