Case Study: Large Electrical Engineering and Construction Company achieves 79% straight-through invoice processing with Transcepta

How an electrical engineering and construction company transformed AP with straight-through invoice processing

Large Electrical Engineering and Construction Company partnered with Transcepta to modernize accounts payable and procure-to-pay processing. The company handled about 8,000 invoices per month and needed a flexible platform to enable straight-through invoice processing, reduce invoice exceptions, support next-day delivery needs, and integrate with its existing EDI infrastructure while giving suppliers multiple ways to connect.

Transcepta implemented its intelligent procure-to-pay platform and Supplier Network, connecting suppliers via EDI, XML, PDF, and its Virtual Printer for paper-based invoices. With AI, machine learning, and predictive analytics, Transcepta automated invoice routing, exception resolution, and PO matching, achieving 79% straight-through processing, reducing AP review to 15%, and eliminating 94% of invoice exceptions. The company also gained greater supply chain visibility, better forecasting, and access to supplier discounts.