Transcepta and Dolphin Corporation Partner to Bring Electronic Invoicing to SAP Customers
Solutions Work Together to Offer More Efficient, Cost Effective Choice
ALISO VIEJO & SAN MATEO, Calif.–Dolphin Corporation, a leading provider of business process solutions for SAP customers, and Transcepta LLC, the leading innovator of hosted electronic invoicing solutions, today announce a partnership to offer a combined solution to SAP customers. Dolphin’s Process Tracking System for SAP Accounts Payable (PTS-AP) and Transcepta’s Electronic Invoicing Community streamline the invoicing process, making it a more efficient and cost effective choice for businesses.
Dolphin’s Process Tracking System for Accounts Payable is a turnkey, best-practice solution that automates the accounts payable process in SAP and provides comprehensive data on transactions, business documents, status for financial reporting and process analysis. Leveraging SAP Business Workflow, PTS-AP streamlines the AP process and provides instant visibility for every invoice from receipt to payment.
Under the terms of the agreement, Dolphin now offers electronic invoicing to SAP customers through Transcepta’s Electronic Invoicing Community. This enables buyers to receive invoices from their vendors in electronic format directly into SAP. Eliminating paper handling and manual data entry reduces processing time and improves the accuracy of the buyer’s AP process.
According to Werner Hopf, Dolphin’s CEO, “For years, Electronic Data Interchange (EDI) and Invoicing Networks have promised to simplify the invoicing and payment process. But the complexity and high implementation costs of these traditional solutions for electronic data transfer are a major roadblock for the widespread adoption of electronic invoice presentment, especially for smaller vendors. As a result, buyers today receive the majority of their invoices in paper format.”
To take advantage of the new partnership, buyers and their vendors are invited to join Transcepta’s growing Internet-based Electronic Invoicing Community, which is an ideal invoicing choice because of its simplicity and ease of use. Vendors can leverage their existing accounting system without upfront fees or onsite installation.
“Transcepta’s Electronic Invoicing Community removes the entry barrier for electronic invoice presentment. Combined with Dolphin’s AP automation technology for SAP, it creates a unique solution that benefits both buyers and vendors. As the popularity and adoption rate of Transcepta’s Community grows, we feel it is the right time to offer an efficient integration of electronic invoicing to SAP customers,” added Hopf.
As part of the Transcepta Community, vendors simply print their invoices from their existing system to a virtual printer that is downloaded from the Internet. Transcepta takes over from there by transmitting the invoices to their data center and converting them into the desired buyer format. Invoices are sent directly into the buyer’s SAP system where PTS-AP triggers SAP workflow and routes them through the payment process.
“This partnership is a perfect fit because we specialize in vendor on-boarding, which complements Dolphin’s expertise in taking the vendor invoices and driving them through the approval process,” said Mitch Baxter, executive vice president of business development for Transcepta. “We’re excited to partner with the leader in the SAP market for A/P. Dolphin offers a great deal of value to buyers by making workflow more efficient and cost effective.”
About Dolphin Corporation
Founded in 1995, Dolphin Corporation focuses on delivering best-practice, turnkey content management solutions that enhance the capabilities of SAP. Providing solutions that leverage their customers’ investment in SAP, Dolphin solutions optimize business processes such as procure-to-pay and order-to-cash. Dolphin is also well-known for their expertise in data and document archiving, DART, BW archiving, and other SAP content management solutions.
Dolphin solutions are implemented in SAP environments across North America and include global companies in all industries. Dolphin has offices in San Mateo, Calif. and in Philadelphia, Pa. For more information, visit www.dolphin-corp.com or email email@example.com
Transcepta was founded in June 2005 with the mission of creating easy-to-implement, on-demand, electronic invoicing and Electronic Invoice Presentment and Payment (EIPP) solutions for businesses of all sizes. Transcepta offers its services through an online Community, where Vendors and Buyers meet to invoice electronically. Thousands of companies have joined the Transcepta Electronic Invoicing Community, which offers cost reduction, efficiency and stronger trading relationships. Supporting all major accounting ERP systems, Transcepta’s online trading community offers quick and easy deployment and does not require in-house IT resources or an up-front capital investment. Transcepta is located in Aliso Viejo, Calif. For more information, visit www.transcepta.com.