Transcepta: Vendor Analysis (Part 2) — Weaknesses, Competition and Recommendations

Compared with other purchase-to-pay (P2P), e-invoicing and supplier network providers, Transcepta is a bit of an anomaly. Not only has it not raised significant capital to support sales and marketing expansion, it has remained focused (until recently) on supplier enablement, e-invoicing and document exchange/collaboration enablement rather than footprint expansion (e.g., e-procurement, trade financing, etc.). The largest tragedy of Transcepta (in our view) is that it doesn’t have the sales and marketing resources to get into more opportunities. In the first installment of this Spend Matters PRO series exploring Transcepta, we covered the provider’s corporate background, solution footprint and overall strengths. Part 2 provides insight into solution weaknesses, competition and customer and prospect recommendations.