Meopta Begins its Digital Transformation with Accounts Payable Automation

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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 Tungsten TotalAgility, Meopta automated its invoice approval workflow: boosting efficiency, cutting approval times in half and avoiding a 30 percent increase in AP headcount.

Focus

Digital Transformation
Accounts Payable (AP) Automation

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Thanks to Tungsten 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

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About Meopta

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.

Meopta.com