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Case Study

Meopta Begins its Digital Transformation with Accounts Payable Automation from Kofax


Faster Invoice Processing


Cost-Avoidance on Extra AP Personnel


Time for Value-Added Activities

With invoice volumes growing year-on-year, the accounts payable (AP) department at high-tech optics manufacturer Meopta found itself buried in time-consuming manual work. Using Kofax TotalAgility, Meopta automated its invoice approval workflow: boosting efficiency, cutting approval times in half and avoiding a 30 percent increase in AP headcount.

"Prior to the digitization initiative, our AP team was planning on hiring additional personnel to handle the year-on-year growth in invoice volumes. Thanks to Kofax TotalAgility, our existing team can process more than 40,000 invoices per year with capacity to spare—avoiding a 30 percent increase in AP costs."
Radim Klasek
CIO, Meopta

About Company

Headquartered in Prerov in the Czech Republic, Meopta is an international company with a rich tradition of developing, manufacturing and assembling world class optical, opto-mechanical and opto-electronic products. Employing 2,200 people, Meopta operates manufacturing facilities in the Czech Republic and the United States.



Kofax TotalAgility


Digital Transformation
Accounts Payable (AP) Automation