Transcepta is a software company specializing in automating the accounts payable (AP) process for enterprise and mid-market organizations. Their platform enables businesses to connect quickly with suppliers, reduce operational costs, control cash flow, and make better data-driven decisions by moving away from manual, error-prone AP workflows.
Transcepta offers an end-to-end online system that streamlines invoice processing, supplier onboarding, and payment management. The solution is designed to be fast, accurate, and easy to use, helping organizations eliminate inefficiencies associated with traditional AP methods. By automating these financial operations, Transcepta helps clients achieve greater scalability and operational control.
Who Uses Transcepta?
Transcepta primarily serves large and mid-sized organizations across various industries. Notable customers include:
- Restaurant Depot
- Seven Eleven
- Schnucks
- RTX
- Cupertino Electric Inc
- TJX
- COX
- UC San Diego
- FleetPride
- Carrots
- TechStyle
- Lithia
- Housing Authority
This client list demonstrates Transcepta's relevance to companies seeking robust AP automation, from retail and education to technology and public sector organizations.
How Was Transcepta Started?
Transcepta was established nearly 20 years ago with the goal of transforming how organizations manage their accounts payable operations. The founding and leadership team brings expertise across technology, finance, operations, and customer success. Key figures include Ray Parsons (Chief Executive Officer), Shan Haq (Chief Strategy Officer), Patrick Kelliher (Chief Financial Officer), and Lloyd Wendland (Chief Technology Officer), among others. Their combined experience has shaped Transcepta into a trusted solution for streamlining AP processes. Learn more about their story on the About page.
What Makes Transcepta Different?
Transcepta distinguishes itself by providing a comprehensive, scalable AP automation platform that is easy for both organizations and their suppliers to adopt. The system supports quick supplier connections and offers data-driven controls over financial processes, aiming to deliver cost savings and reduce errors compared to manual methods.
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