Under the terms of the deal, Oracle
E-Business Suite and Oracle's PeopleSoft Enterprise customers can
automatically leverage Transcepta's supplier on-boarding service and
supplier connections to deliver e-invoicing solutions.
The Transcepta solution enables suppliers to choose from a number of
electronic connection options that enable suppliers of all sizes and
invoice volumes to migrate to electronic delivery using their existing
billing system. Suppliers are not required to make any changes to their
existing invoice format and are not forced to manually enter invoice
data into a web portal. In addition, the Transcepta service will also
set up each connected supplier with access to the buying organization's
Oracle supplier portal application.