Transcepta Pricing, Features, Reviews & Comparison of Alternatives

Pros
This product was easy to stand up, deploy and is very cost effective. Transcepta is the perfect paring for a company that grows through acquisition, needs a technical footprint that includes automation and reduction of touchpoints when processing AP invoices. Transcepta has amazing customer service and caters to the business need. In addition, it's free to your supplier! Adoption for onboarding is absolutely a breeze as a result. No-brainer..

Cons
I wish that the product could be more easily deployed outside of the U.S. The big issue that I'm aware of is tax and the different tax requirements from country to country. We explored it's use and it was very expensive to use because of the tax hooks and customization around tax. It's less money to process rest of world invoices through my shared service team in India.

Rating breakdown

Likelihood to recommend: 10/10

Pros
Easy of Use support is responsive No charge to Suppliers for submitting invoices Cost Effective Good Reporting Great supplier onboarding support

Cons
Non US support hours limited Mutli Language portal support missing

Rating breakdown

Likelihood to recommend: 8/10

Pros
The software allows submitting vendors to utilize many formats to transmit invoices for example, open PDFs, XML, CSV etc.. Also like the collaborative nature of the transcepta team to review and resolve issues as they arise.

Cons
Wish there was a better process to communicate when submissions fail. For example, we had two instances where vendor's file submission failed and a couple months passed without the submitting vendor being aware or, the representative team wasn't aware that an incoming file failed in order to help with the communication.

Rating breakdown

Likelihood to recommend: 9/10

Pros
B2B hands-off automated invoice processing, with the ability to set up rules for the validation of invoices against P.O.'s. Once the interfaces with your ERP system are set-up is a very stable process.

Cons
Because is a fixed cost service, the cost per invoice could be high if you don't have a good number of invoices and/or vendors using the Transcepta. This also depends on your internal processes (# of invoices withand without P.O.s) and data completeness in your vendor record (vendor contacts, email addresses, telephone #, etc).

Rating breakdown

Likelihood to recommend: 8/10

Pros
We are able to provide a tool to our suppliers that is user friendly. The customer service is excellent. The process is smooth and stable, ensuring a faster cycle time (for invoice processing) versus the standard process (invoices sent via email).

Cons
It has been difficult to expand the program. There are so many options in the market.

Rating breakdown

Likelihood to recommend: 10/10