TranscendAP expands SAP support

Accounts payable automation platform vendor TranscendAP is expanding its support for SAP ERP environments, including SAP ERP Central Component (ECC), SAP S/4HANA, and RISE with SAP.

TranscendAP has developed an automation platform for ingesting invoices and matching them with purchase orders for approval. It integrates with software from several ERP vendors, including SAP, Oracle, and Microsoft Dynamics.

With the new release, announced Tuesday, the amount and type of data that the systems exchange has increased, TranscendAP CEO Jeff Weinstein said in an interview,.

Now, he said, additional data sent from SAP to TranscendAP includes vendor master, purchase order header, lines, and receipts, the chart of accounts in general ledger, approval hierarchy, and historical invoices. Invoices and invoice details for AP and Vendor Master updates from the Supplier Portal now flow from TranscendAP to SAP.

The rationale for the increased data flow was simple: “Our functionality has greatly increased,” he said, “and so we felt that we needed to keep our integration updated so the [newer] things that we had in it can be easily translated into SAP.” In addition, he said, there were a lot of things in SAP that could be pulled into TranscendAP.

Additionally, the company said, by enabling bi-directional data flow between TranscendAP and SAP systems, customers can achieve greater accuracy, faster processing times, and improved visibility across their financial and accounts payable workflows.

But not all SAP users can take advantage of these enhancements: The integration only supports on-premises or private cloud SAP deployments. Shared-cloud deployments are currently excluded.

Both companies win with this upgraded data exchange, said Robert Kramer, a principal analyst at Moor Insights & Strategy.

“For TranscendAP, this broadens its market potential to include the extensive base of organizations running SAP, supporting future growth, and solidifying its position as a practical choice for enterprises hoping to modernize their accounts payable operations. SAP, in turn, benefits by providing its customers with easier access to advanced accounts-payable automation, which helps strengthen customer retention and underscores SAP’s value as a central enterprise resource planning system,” he said.

Customers win as well, he added. “From a customer’s perspective, the integration offers tangible benefits: reduced manual data entry, fewer invoice processing errors, and faster payment cycles.”

The update will be available on June 15, at no charge to customers.