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Mestergruppen Optimizes AP Operations with eye-share

With eye-share Workflow, Mestergruppen saves up to two workdays a week, giving the team a real productivity boost.

Mestergruppen, a leading company in Scandinavia’s construction, real estate development, and building materials sectors, has taken a significant step toward enhancing its digital leadership. By implementing eye-share’s automation software in 2021, Mestergruppen has revolutionized its Accounts Payable (AP) operations, streamlining the invoicing process and ensuring greater efficiency across the board.

It’s exciting when everything flows smoothly, and you realize that you can save up to two days of work each week. This gives the whole team a boost; it becomes enjoyable, says Torunn Michaelsen, Director of Accounting at Mestergruppen.

The video is in Norwegian, but English subtitles are available

According to Torunn Michaelsen, Director of Accounting at Mestergruppen, the transition to eye-share has led to remarkable improvements. The integration of eye-share has not only sped up processing times but also introduced greater security and reliability into their operations. Automating tasks such as follow-ups and simple accruals has eliminated the need for manual tracking, ensuring that processes are completed accurately and on time. This newfound efficiency has provided better insights for those analyzing financial data, leading to improved cost control and budget management year after year.

At Mestergruppen, we’ve significantly reduced the number of man-hours required over the past few years by implementing shared solutions that automate our accounting, procurement, and invoice approval processes. The success of this initiative is largely due to the central role played by both our ERP system and eye-share Workflow, says Elling Rindli, Head of ERP at Mestergruppen Group.

A collaboration that works

Michaelsen also emphasized the strong collaboration with eye-share, highlighting the software’s optimal functionality and the accessible support from consultants. “We’ve been working intensively, especially over the past year, to maximize functionality and drive efficiency, with outstanding results. The quick access to consultants when needed has been a significant advantage, as we prefer to move quickly” says Torunn.

Mestergruppen’s commitment to continuous improvement, supported by eye-share’s robust automation capabilities, ensures that they remain at the forefront of the industry, setting new standards in AP operations and beyond.