As Chief Product Officer, Veteran Technology Executive Will Drive Strategic Development of Company’s AP Automation Platform
LAWRENCEVILLE, NJ (May 29, 2024) – TranscendAP, Inc., a specialist in accounts payable (AP) automation solutions, today announced the appointment of Simon Yelsky as Chief Product Officer. Expanding the company’s executive team, Yelsky will lead the development of the TranscendAP technology platform utilized by mid-market and large enterprises to automate AP operations.
Throughout his tenure as a software executive, Yelsky has successfully led cross-functional development teams in the areas of AI and machine learning, cybersecurity, workflow automation, natural language processing and chatbots, as well as knowledge management, analytics, RPA, and cloud integrations. He has successfully brought to market creative functional solutions for financial process automation, banking and finance, IT service management, and human capital management.
Yelsky joins TranscendAP from Calamu, where he was Vice President of Product steering the company’s innovative approach to data security. Previously Simon worked at ADP and led the product management efforts at a number of other software platforms including RightAnswers and Information Builders.
“Simon and I have worked together at several business ventures over the years,” said Jeff Weinstein, Co-Founder and Chief Executive Officer of TranscendAP. “He has been instrumental in leading strategic product development initiatives and understands how to implement world-class technologies to help solve complex business processes. I look forward to collaborating with Simon to support the rapid growth and our mission to drive innovation of TranscendAP’s technology platform.”
“TranscendAP is uniquely positioned to disrupt the AP automation market utilizing AI, machine learning, and other innovative technologies,” added Yelsky. “I am excited to join the company and work closely with Jeff and the executive team to deliver the best AP automation solutions.”
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.
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.
# # #
Media Relations Contact:
Domenick Cilea
Springboard
dcilea@springboardpr.com
