Transcepta
Transcepta offers a comprehensive Accounts Payable (AP) automation platform designed to streamline financial operations. Their AI-driven solution aims to eliminate manual processes, reduce errors, and provide end-to-end visibility and control over cash flow. Key features include AI-powered invoice capture (CloudCapture™), intelligent 2- and 3-way matching with predictive GL coding, streamlined approval workflows, and proactive supplier invoice resolution. Transcepta caters to businesses of all sizes, from small businesses to global industry leaders processing millions of invoices annually, promising enhanced productivity, cost savings, and improved supplier relationships through its touchless AP process. The platform integrates with any ERP system and leverages a robust Supplier Network.
Transcepta
Transcepta offers a comprehensive Accounts Payable (AP) automation platform designed to streamline financial operations. Their AI-driven solution aims to eliminate manual processes, reduce errors, and provide end-to-end visibility and control over cash flow. Key features include AI-powered invoice capture (CloudCapture™), intelligent 2- and 3-way matching with predictive GL coding, streamlined approval workflows, and proactive supplier invoice resolution. Transcepta caters to businesses of all sizes, from small businesses to global industry leaders processing millions of invoices annually, promising enhanced productivity, cost savings, and improved supplier relationships through its touchless AP process. The platform integrates with any ERP system and leverages a robust Supplier Network.
TL;DR
What they do: AI-driven accounts payable (AP) automation and procure-to-pay platform
Headquarters: Aliso Viejo, California
Founded: 2005
Notable product feature: CloudCapture™ AI invoice capture and touchless AP processing
Funding signal: Series A led by Tech Coast Angels (Crunchbase)
Company Overview
Problem Domain
Accounts payable inefficiency, manual invoice processing, PO/invoice matching, and supplier enablement for electronic invoicing
Founded
2005
Industry
Financial software / Procure-to-pay / Accounts payable automation
Funding Track Record
Crunchbase lists Series A as last round and names Tech Coast Angels as lead investor.
Investor Signal
“Series A led by Tech Coast Angels”