Customizable Dashboards, Improved PO Matching, and Enhanced Self-Service Capabilities for Suppliers and Vendors – All Designed to Significantly Automate Accounts Payable Operations
LAWRENCEVILLE, NJ (July 17, 2024) – TranscendAP, Inc., a specialist in accounts payable (AP) automation solutions, today announced the availability of its namesake technology platform utilized by mid-market and large enterprises. The new TranscendAP 8.5 includes customizable dashboard widgets that offer visibility into invoice automation, improved enhanced 2-way and 3-way PO matching, and an enhanced supplier portal that simplifies vendor onboarding and offers an array of self-service capabilities.
“The new version of TranscendAP provides accounts payable departments as well as their organization’s vendor and supplier ecosystem with new capabilities to manage POs and invoices more efficiently while reducing manual processes and exception handling,” said Simon Yelsky, Chief Product Officer of TranscendAP. “Our platform can be easily configured to support the most complex AP processes and the integration of AI and machine learning provides tools to intelligently capture and route inbound remittance for approvals, thus achieve straight-through-processing.”
TranscendAP provides a fully-configurable and robust invoice-to-pay platform to manage all aspects of AP operations. It includes intelligent, AI-driven document capture, automated 2, 3, & 4-way PO matching, sophisticated exception handling and escalation, real-time ERP Integration, and a self-service supplier portal.
Other new features and functionality of TranscendAP 8.5 include:
- Enhanced business unit segregation makes it easier to manage the unique needs of multiple departments
- Expanded vendor portal that includes more security and self-service account management options
- Automated vendor invoice rejection and ability for vendors to amend invoices
- More automation around Units of Measure (UOM) handling
For more information and to schedule a demo of Transcend AP 8.5, email at sales@transcendap.com or call at 609-586-8811.
About TranscendAP
TranscendAP, Inc. and its namesake account payable technology provides a flexible and scalable software platform capable of supporting the most complex AP workflows and processes. Since 2018, enterprise organizations in manufacturing, hospitality, higher education, and an array of industries have entrusted their accounts payable operations with TranscendAP, which annually manages millions of invoices and billions of dollars. For more information, visit www.transcendap.com.
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Domenick Cilea
Springboard
dcilea@springboardpr.com
