Transcepta Expands Investment in Product Development

Hires Lloyd Wendland as VP of Engineering

ALISO VIEJO, CA--(Marketwired - September 20, 2016) - Transcepta, a leader in cloud-based electronic invoicing, AP automation and procure-to-pay solutions announced that the company hired Lloyd Wendland as Vice President of Engineering to lead the development of the company's innovative software products and oversee the IT team.

"This is an exciting time at Transcepta as our business and global supplier network grows," said Ray Parsons, President and CEO of Transcepta. "This growth has precipitated the need to bring Lloyd on to manage and expand our team. His experience in managing large development teams and deep expertise delivering innovative products will be instrumental for Transcepta's continuing success."

Lloyd has over 20 years' experience creating software products with unique market positions, optimizing engineering teams, and improving client satisfaction at technology companies. Prior to joining Transcepta, Lloyd architected and led CalAmp's IoT platform development, operations, and professional services. Prior to that, he led development and operations of digital and web products at Rand McNally.

"Transcepta's impressive growth and success illustrate that it has been delivering high value to its customers," said Wendland. "I'm excited to join the team to help Transcepta continue accelerating innovation and contributing to the success of our customers, partners and Transcepta."

About Transcepta

Transcepta connects Procurement and Accounts Payable professionals with their suppliers, enabling everyone to achieve greater profitability. Every day, thousands of companies access the Transcepta Network to improve e-invoicing and procure-to-pay processes, drive financial value across the supply chain, and communicate dynamically. Since 2005, the world's most respected companies have chosen Transcepta. Transcepta is headquartered in Aliso Viejo, CA.

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