Jetro / RD, the big name in the wholesale cash and carry space, was drowning in paper.
Its legacy system relied on Optical Character Recognition (OCR) for capturing invoice data, which proved to be a costly and error-prone nightmare. Jetro/RD managed to move some suppliers to an Electronic Data Interchange (EDI) system, but it was a complex and expensive process, and Jetro/RD needed a simpler, more scalable option.
Enter Transcepta AP automation, a game-changer, that made it a breeze for Jetro / RD to receive each invoice timely, digitally, and accurately. No more paper, no more manual data entry, and best of all—no more OCR errors.
“We set high efficiency goals and decided to go all-in on electronic invoicing,” said Richard Kirschner, Jetro / RD’s Chief Operating Officer. “With Transcepta, we get EDI invoices while our suppliers get to use their current billing systems. It’s a win-win.”
Lora White, Director of Accounts Payable at Jetro / RD, is seeing big wins: “Eliminating the paper-based OCR process has boosted our team’s productivity and improved our supplier relationships.”
Transcepta's solutions enabled Restaurant Depot to eliminate manual tasks and streamline its AP processes, and significantly reduce the time and resources spent on paying invoices.
Transcepta's AI powered AP automation has positioned Jetro / RD to continue scaling its operations without the administrative burden that once came with growth.
Transcepta has focused its AI investments on eliminating invoice exceptions for its customers. In fact, Transcepta customers enjoy end to end automation for both PO invoice matching and non-PO invoice coding and approval processes.
Invoices that don’t match a PO, that are incomplete, or that contain errors require human intervention. AP staff need to follow up with suppliers or internal stakeholders to resolve these invoice exceptions. This is where Transcepta’s “learning” AP automation applications come into play.
Every invoice that passes through the Transcepta Platform feeds it more data to improve matching probabilities, apply GL codes, and resolve other invoice errors before they reach AP. The good news is with 20 years of processing hundreds of millions of transactions, the Transcepta Supplier Network has seen it all!
For companies still stuck with outdated AP processes, Jetro / RD’s success story is a clear reminder that the future is digital. And with Transcepta’s AI-powered AP automation, transitioning to that future has never been easier. Are you ready to cut costs and streamline your AP operations? See what Transcepta can do for you.