Key Results:
100% automated PO Matching at the line level
Eliminated all supplier-driven invoice exceptions through Transcepta Supplier Invoice Resolution
Reassigned 5 AP team members due to process automation
Enhanced supplier relationships with real-time invoice status visibility
"Transcepta has dramatically improved our AP workflow, allowing us to reduce manual effort, optimize costs, and strengthen supplier relationships. It was a game-changer for us."
– Director of Finance, TechStyle
About TechStyle
TechStyle is a global fashion e-commerce and retail powerhouse, headquartered in El Segundo, California. Since its founding in 2010, the company has revolutionized women’s apparel with a customer-first approach and an innovative portfolio of brands. TechStyle operates across major markets, including the United States, Germany, the United Kingdom, and Spain.
With rapid expansion, TechStyle faced increasing challenges in its Accounts Payable (AP) processes, particularly in managing invoice processing and approvals.
The Challenge
As TechStyle grew, its manual AP processes became unsustainable. The AP team struggled with:
- High manual workload – Large volumes of PO and non-PO invoices had to be manually keyed into Oracle E-Business Suite (EBS).
- Complex invoice matching – Inventory invoices required 3-way matching, while indirect invoices required 2-way matching, creating a long and tedious process.
- Frequent invoice exceptions – Both PO and non-PO invoices regularly had errors, causing delays.
- Missed early payment discounts – Processing delays meant lost savings opportunities.
- Supplier inquiries overload – AP staff spent excessive time responding to suppliers about payment status.
- Lack of visibility – Unclear outstanding liabilities made financial planning difficult.
TechStyle needed a comprehensive AP automation solution to remove inefficiencies and optimize operations.
The Solution
To solve these challenges, TechStyle partnered with Transcepta, the leading AP automation platform.
The decision to choose Transcepta was driven by:
- No OCR – Unlike other solutions, Transcepta Cloud Capture is built on AI.
- Transcepta Supplier Network – Suppliers gain real-time visibility into invoice status and can resolve issues before invoices reach AP.
- Dynamic Invoice Routing – Transcepta can dynamically route invoices for approval based on keywords and other variables.
The Impact
With Transcepta AP Automation, TechStyle achieved:
- 3,000+ suppliers digitally connected
- 40,000+ digital invoices automatically matched to POs and processed annually
- Real-time invoice status tracking for suppliers, reducing inquiries
- Integration of Oracle’s cross-validation rules, maximizing past investments
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