Compare Accounts Payable Automation and Transcepta - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - Accounts Payable Automation or Transcepta?

Accounts Payable Automation is more expensive to implement (TCO) than Transcepta, and Accounts Payable Automation is rated higher (88/100) than Transcepta (78/100). Accounts Payable Automation offers users more features (4) than Transcepta (3).

Looking for the right Accounts Payable solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

ReadSoft Vs. Transcepta

ReadSoft : ReadSoft has been a pioneer in P2P invoice automation since the 1990s, when the company first brought free-form technology for invoice processing to market. Today, ReadSoft continues to be a global leader in business document process automation, with 2,500+ accounts payable solution applications worldwide – more than double the total applications o...

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 procu...

Who is more expensive? Accounts Payable Automation or Transcepta?

The real total cost of ownership (TCO) of Accounts Payable software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Accounts Payable Automation and Transcepta.

Accounts Payable Automation price starts at $595 per license , On a scale between 1 to 10 Accounts Payable Automation Software is rated 6, which is similar to the average cost of Accounts Payable software. Transcepta accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Accounts Payable Automation Software is rated 6, which is similar to the average cost of Accounts Payable software.

Bottom line: Accounts Payable Automation is more expensive than Transcepta.

Which software includes more/better features?

We've compared Accounts Payable Automation Vs. Transcepta based on some of the most important and required Accounts Payable features.

Accounts Payable Automation: Accounts Payable, Accounts Receivable, Billing & Invoicing, Fixed-Assets.

Transcepta: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Customers of the software include businesses of all sizes and a variety of types from all over the world. and Transcepta's target customer size include: Medium and large size businesses.