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TRANSCEPTA Procure-to-Pay Network Achieves Oracle Validated Integration With the Oracle E-Business Suite 12.1Transcepta Enables Maximum Supplier Adoption and Electronic Collaboration for Oracle E-Business Suite Customers (March 13, 2012)
ALISO VIEJO, CA -- (Marketwire) -- 03/13/12 -- TRANSCEPTA LLC, a Gold level member of Oracle PartnerNetwork (OPN), today announced that the Transcepta Network has achieved Oracle Validated Integration with the Oracle E-Business Suite 12.1. Transcepta connects enterprise customers to their large, midsize, and small suppliers, enabling them to electronically collaborate and exchange invoices, purchase orders, and other related documents. Transcepta maximizes supplier adoption by making it free, fast, and easy for suppliers to join the Transcepta network. This unmatched simplicity and efficiency makes Transcepta a world leader in P2P networks, electronically connecting trading partners across the globe.
To achieve Oracle Validated Integration, Oracle partners are required to meet a stringent set of requirements that are based on the needs and priorities of the customers.
Transcepta delivers on the customer need for a comprehensive P2P solution with innovative electronic invoicing, purchase order delivery, and supplier collaboration capabilities. With industry leading supplier adoption rates, Transcepta enrolls suppliers using best practices developed over years of onboarding experience that include defining a unique requirements profile for each customer. After enrolling suppliers, Transcepta connects them to customers via an innovative approach and enables accounts payable and procurement departments to collaborate electronically with suppliers, automate processes, and make trading relationships more productive.
According to Transcepta vice president Shan Haq, "The Transcepta Network provides significant value to customers. The Transcepta Network connects customers to their suppliers more quickly and at lower cost than other approaches. Once connected, Transcepta offers businesses a full range of electronic collaboration opportunities over a secure platform. Achieving Oracle Validated Integration with the Oracle E-Business Suite 12.1 attests to the unique strength of the Transcepta Network, helping enable accounts payable and procurement executives to leverage the leading P2P network and their IT counterparts to benefit from lower integration workload and risk."
"A rigorous technical review is required for Oracle Validated Integration," said Ognjen Pavlovic, Vice President Product Strategy, Oracle. "Since Transcepta's supplier messaging through Oracle Supplier Network has been tested and validated by Oracle, customers can be confident that the Transcepta Network integrates with Oracle E-Business Suite as designed, allowing accelerated time to value for our joint customers."
About Oracle Validated Integration
Oracle Validated Integration through the Oracle PartnerNetwork gives customers confidence that the integration of complementary partner software products with Oracle Applications and Oracle Technology (including Oracle Enterprise Manager, Oracle Content Management, and Oracle Identity Management) have been validated and the products work together as designed. This can help reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review the integrations of third-party software to Oracle Applications and Technology products, including productized repeatable integrations from system integrators. Oracle provides access to Oracle Applications and Technology software, tools, technical resources and training to assist partners in developing integrations based on Oracle standards and best practices. Partners who have successfully validated their integrations are authorized to use the "Oracle Validated Integration" logo. For more information, please visit Oracle.com at http://www.oracle.com/us/partnerships/solutions/index.html.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit http://www.oracle.com/partners.
Transcepta is the leading global procure-to-pay (P2P) network. Transcepta enrolls suppliers, employing a best practice approach, and connects them to customers around the world. Customers collaborate and transact electronically to reduce costs, communicate more efficiently, and make business relationships more productive. Since 2005, Transcepta has connected tens of thousands of trading partners and processed millions of transactions to become the fastest growing network. For details, visit: http://www.transcepta.com.
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Transcepta is a trademark of Transcepta LLC.
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