Case Study: a major U.S. metals producer streamlines accounts payable with Optima Global Solutions' transcendAP

Major U.S. Metals Producing Company - Customer Case Study

A major U.S. metals producer faced an inefficient and complex accounts payable process, requiring 13 employees to manually process over 8,000 invoices per month that arrived via mail and 12 different email inboxes. Their challenge was compounded by the need for an automated solution that could seamlessly integrate with their two different ERP systems, Oracle PeopleSoft and a modified IBM Maximo. They turned to Optima Global Solutions for a solution.

Optima Global Solutions implemented its custom-configured transcendAP solution on the Kofax TotalAgility platform. This automated system ingested invoices, performed OCR, managed exceptions, and integrated with both ERPs. The results were significant, reducing the dedicated accounts payable staff from 13 to 4.5 employees, virtually eliminating manual data entry and payment errors, and providing management with superior insights for cash flow management.