TranscendAP said Thursday (Oct. 30) that it secured venture funding to accelerate the growth of its artificial intelligence-driven accounts payable automation software. The firm’s funding round was led by Rittenhouse Ventures and Tech Council Ventures, the company said in a press release. It did not disclose the amount of funding. Its platform helps enterprise AP teams reduce manual processing, improve visibility and lower invoice processing costs by delivering intelligent data capture, wor...| PYMNTS.com