Solution

TranscendVP: Vendor Portal

TranscendVP: Vendor Portal Overview

TranscendVP, developed on the no-code Kofax Intelligent Automation Platform, is a web-based vendor management solution that provides a secure online environment to collaborate with vendors. The portal is ideal for providing better service, more efficiently and for less operating cost. Most importantly, vendors have access to the portal 24×7 via secure login. This solution is developed by Optima Global Solutions Inc.

Features

  • Submit invoices directly into the portal
  • Visualize the approval status and progress for each vendor invoice
  • Attach any relevant documents to submitted invoices to expedite payment
  • Search status of invoice(s) by entering various parameters
  • View status of the payment information for each invoice
  • Enable vendors to manage their profile directly from the portal

Benefits

  • Deliver a comprehensive vendor AP experience
  • Reduce AP staff demands
  • Enable AP staff to focus on more high-value business projects and tasks
  • Provide better communication channels for vendors by allowing them to provide supporting documents
  • Extend the functionality of existing ERP systems
  • Leverage one platform to automate any business-critical process

Technical Details

Inputs

Install our TranscendVP solution; integrate with vendor master data implemented on any ERP

Outputs

Vendor invoices are security submitted, validated, approved and posted to the ERP.

Vendors can review invoice status and more effectively communicate with accounts payable

 

Geographic Availability
North America

Created By

Products

TotalAgility

Industry

All industries

compatibility

TotalAgility 7.8+

Business Process

Accounting and Finance
Inventory Management
Purchasing
Supply Chain Management

Last Updated

May 28, 2024

Consulting Required

Yes

Support Available

Yes

Pricing

Contact for Pricing