Transcepta Announces Partnership with SciQuest

Stephanie Dula 13 Mar 2015

PayStream has just learned of an exciting new development in the AP automation industry, one which we think will help many more organizations across the globe collaborate more easily with suppliers. According to the press release issued earlier this week “In continued efforts to bring cutting-edge e-invoicing and supplier connectivity to its customers, Transcepta announced a strategic partnership with SciQuest.”

Transcepta’s technology will automate the invoice capture process and allow SciQuest customers users to accept only validated e-invoices into the AP Director solution. Transcepta will also handle exceptions back to the supplier, and provide support to suppliers related to invoice and other transactions.

“Despite the demand for fully electronic invoice capture, many customers, particularly international organizations, are still using manual and time-consuming processes for different file formats,” said Eric Zoetmulder, Vice President – Product Management at SciQuest. “This partnership with Transcepta strengthens our invoice capture capabilities and will allow us to support customers across the globe at whatever level of automation they want.”

For more information and to view the full press release, click here.

 

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