transcendAP logo

transcendAP

by Optima Global Solutions · Since 2018
No reviews yet
ActiveAvailable globallyCloudOn-premise
Quick facts
VendorOptima Global Solutions
Year launched2018
StatusActive
Location3705 Quakerbridge Rd, Suite 214, Hamilton Township, NJ 08619, US
Countries servedGlobal
Languages1
Integrations8+
Free tier
Free trial
Contact salesYES

About transcendAP

TranscendAP is a accounts payable automation software from Optima Global Solutions [designed to simplify AP processes]. It combines advanced document capture, approval workflows, and integration with ERP systems so companies can manage invoices and financial documentation efficiently. The platform automates invoice processing, reduces manual data entry, and ensures compliance with financial regulations. With features like real-time reporting and customizable dashboards, users can gain insights into their financial operations. Key capabilities: document capture approval workflows ERP integration real-time reporting customizable dashboards Best for: finance teams that need to automate accounts payable functions.

TranscendAP, developed by Optima Global Solutions, is a state-of-the-art accounts payable (AP) automation solution designed to streamline and simplify the entire AP process for businesses across various industries. Built on the Kofax TotalAgility no-code Intelligent Automation platform, TranscendAP leverages advanced technologies such as cognitive capture, document intelligence, artificial intelligence (AI), and process orchestration to automate the complex processes of invoice handling, approvals, and payments. This powerful combination of technologies makes TranscendAP particularly effective for industries with high invoice volumes and complex approval workflows, such as financial services, manufacturing, healthcare, and retail. The user interface of TranscendAP is crafted with simplicity and efficiency at its core, making it easy for users to navigate through different modules without needing extensive training. The software features a clean and intuitive layout that helps users quickly understand the system's functionalities. The dashboard provides a comprehensive overview of key metrics and tasks, such as the status of invoices and pending payments, enabling users to monitor their workload and prioritize tasks effectively.

Pros & Cons

What users like
  • +• Comprehensive automation: Automates various aspects of accounts payable processes, including invoice data capture, workflow management, and payment processing.
  • +• AI-powered: Utilizes artificial intelligence for intelligent automation, improving accuracy and efficiency.
  • +• Integration capabilities: Integrates with a wide range of enterprise applications and ERP systems.
  • +• Touchless processing: Enables touchless processing of invoices, reducing manual intervention.
  • +• Payments as a service: Offers seamless payment processing through its "payments as a service" integration.
  • +• Fraud and risk reduction: Helps businesses significantly reduce fraud and risk.
What users flag
  • • Limited user reviews: As a relatively new product, there are limited user reviews available on Capterra.
  • • Pricing information: The starting price is high, which may be a barrier for some businesses.
  • • Feature comparison: More information is needed to compare TranscendAP with other similar products in terms of specific features and capabilities.
  • • Customization: The level of customization available may be limited, depending on the specific needs of the business.

Features

Key features

• Accounts payable automation
Automates various aspects of accounts payable processes.
• AI-powered
Utilizes artificial intelligence for intelligent automation.
• Mid-market to large enterprise focus
Specifically designed for businesses of this size.

Additional features

• Invoice data capture
Automatically extracts data from invoices.
• Workflow automation
Streamlines approval processes and other tasks.
• Supplier management
Manages supplier information and relationships.
• Payment processing
Automates payment processing and reconciliation.
• Reporting and analytics
Provides insights into accounts payable performance and trends.
• Integration
Integrates with various accounting and ERP systems.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
1
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD

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