Transcepta Signs Worldwide Licensing Agreement with Esker; Esker technology enables Transcepta to help businesses of all sizes invoice and send payments electronically
MADISON, Wis. — Esker, the leader in business document delivery solutions, today announced it has signed a worldwide licensing agreement with Transcepta, an electronic invoicing and payments provider headquartered in Aliso Viejo, California. Transcepta will license Esker DeliveryWare for use as a core technology component of its hosted, scalable Electronic Invoice Presentment and Payment (EIPP) solution designed to be affordable and easy-to-implement for businesses of all sizes. Esker DeliveryWare technology will handle a portion of the ERP/accounting system integration for Transcepta, making the Transcepta solution much faster to deploy and much more powerful in operation than otherwise possible.
“We wanted to select best-in-breed technology to help drive our platform, and Esker has enabled us to jump ahead on the development path because we didn’t have to build the capabilities at which Esker DeliveryWare already excels,” said Mitch Baxter, Founder and EVP of Business Development for Transcepta. “This partnership helps us take away all the barriers that had in the past prevented everyone except the largest companies from adopting electronic invoicing. The prohibitive initial capital expenditures, the complicated deployments, the maintenance and even reliability questions have all been taken out of the equation.”
Transcepta’s service is designed for businesses that have heavy invoice volume, aimed at helping them achieve a frictionless processing for invoice creation, transmission and payment. Because the service is delivered via a hosted, on-demand platform, clients do not need to maintain or manage the technology to achieve the benefits of electronic invoicing and payment.
“We are thrilled to be selected by Transcepta as a key technology underpinning their offering,” said Jean-Michel Berard, Esker CEO. “Both of our companies share the same vision for a business environment in which documents always stay electronic. To us, a hosted solution for making payments electronically is a logical addition to our shared technology ecosystem – one aimed at not only speeding document processes, but at speeding the pace of business.”
Transcepta was formed in June 2005 with the mission of creating an easy-to-implement, on-demand, Electronic Invoice Presentment and Payment (EIPP) solution accessible to businesses of all sizes. While most consumers take advantage of convenient electronic billing and payments, businesses have been slow to adopt EIPP and are still mailing paper invoices and paying by paper check. With Transcepta, businesses can now implement EIPP at a low cost while realizing a remarkable ROI.
Transcepta is located in Aliso Viejo, CA and is financially backed by strategic investors including the premier Southern California angel investing group, Tech Coast Angels.
Esker is a recognized leader in helping organizations streamline manual, paper-intensive processes and reduce the use of paper by automating the flow of documents into, within and outside the organization. With patented document delivery automation software (Esker DeliveryWare) and hosted document delivery services (FlyDoc), Esker offers a total solution to automate every phase and every type of business information exchange. Customers gain significant and immediate operational efficiencies, cost savings and measurable ROI in as little as three to six months. Founded in 1985, Esker operates globally and has over 80,000 customers and millions of licensed users worldwide. Esker has global headquarters in Lyon, France and U.S. headquarters in Madison, Wisconsin. For more information, visit www.esker.com or www.flydoc.com.
(C) 2006 Esker S.A. All rights reserved. Esker, Esker on Demand, FlyDoc and the FlyDoc logo are trademarks, registered trademarks or service marks of Esker S.A. in the United States and other countries. All other trademarks are the property of their respective owners.
COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning