ALISO VIEJO, CA--(Marketwired - Oct 8, 2013) - Today, in the wake of recent media reports signaling the intention of JPMorgan Chase to close its Xign business, Transcepta provides an update on the Transcepta Network Conversion Program which was launched in 2012. Taking up the program, Xign or other network customers can move to Transcepta, connect to their suppliers in the Cloud via the Transcepta Network, and thereby engage in a full range of collaborative, automated AP and procurement activities, including E-invoicing, electronic PO delivery, and more.
Recent converts from Xign to Transcepta include a leading global voice, data and Internet provider and a large onshore energy production services company.
According to Transcepta vice president Shan Haq, "You'll likely see other migration programs but Transcepta has already delivered proven success. For example, for one recent client we migrated a roughly 600,000 annual invoice volume over to Transcepta in 21 days. Transcepta supplier on-boarding technology continues to be the most differentiated in the industry."
Transcepta is uniquely positioned to make this type of conversion possible:
- Connectivity is FREE, fast, and easy for all suppliers.
- Suppliers choose the connectivity option that works best for them; no manual keying of invoice data into portals required.
- Suppliers are connected by Transcepta to the network in less than a day.
To learn more about the migration program, please send an inquiry to info@transcepta.com.
About Transcepta
Transcepta is the leading global business network. With cutting edge supplier on-boarding programs, revolutionary technology, and free membership for all suppliers, Transcepta connects customers with more of their suppliers, faster than any other network. Transcepta provides accounts payable and procurement professionals with industry leading procure-to-pay (P2P) solutions in the Cloud, including E-Invoicing, Spend Management, VAT Compliance, Supplier Information Management, and Supplier Enablement. Businesses collaborate and transact electronically over the Transcepta Network to reduce costs, communicate more efficiently, and make their relationships more productive. Since 2005, Transcepta has connected over 100,000 businesses and processed millions of transactions to become the fastest growing business network. For more information about Transcepta, visit www.transcepta.com.
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