Ease financial frustration with AP invoice automation for construction.
Ease financial frustration with AP invoice automation for construction.
Multiple vendors, contractors, field locations and invoice formats? We’ve got you covered.
Working in construction, dealing with offsite management and loads of invoices, shouldn't mess up your financial flow. AP automation for construction can ease your invoice and payment challenges so you can focus on building.
No more late supplier payments. No more project hold-ups.
Invoices flow automatically into your view – read, organized and coded by AI, so your team can approve and pay for building supplies on time, every time.
Real-time payment updates – without any extra work.
Give your vendors fast, accessible answers to their invoice and payment status queries with our AI chatbot.
Residential, commercial or multi-family construction invoicing has never been easier.
Invoice capture, approval workflows, and mobile access make it easy for construction workers to manage on the go and in the field.
AP invoice automation for construction that does the work, so you don’t have to.
Take advantage of early payment discounts.
Reduce the time you spend on processing invoices and free up cash flow so you extend supplier payments or cash in on early payment discounts.
One view across multiple construction projects.
See all spend and payments across different construction projects, suppliers, and locations in one spot. Get a complete view of direct and indirect spend (even across multiple ERPs) and accurate cash flow information. There's no need to chase down answers—you'll easily know what's allocated to each project.
Pay for construction suppliers on time, every time.
Detailed line-by-line capture and multilevel matching make sure that invoices, direct material POs, and goods receipts are accurately matched and processed automatically for precise payment control - no matter how complex they are.
Briggs Equipment goes from 0 to 75% touchless invoice processing.
Plus, their automatic distribution rate increased from 0-82%.
- Challenge: Briggs Equipment needed greater control, reduced lead time for the 220K invoices it processes annually, and a solution that worked with its Microsoft Dynamics AX ERP.
- Solution: Medius AP Automation and the Medius team helped Briggs upgrade to digital, determine its goals, and align on key performance indicators (KPIs).
- Results: Immediate benefits with:
- Touchless invoice processing went from 0% to 75%.
- Automatic distribution rate increased from 0% to 82%.
- Maintained AP headcount with scaled company growth.
- Established KPIs and reach industry benchmarks.
“With the guidance from the team at Medius, we could not only set up the KPIs we needed to track, but also maintained regular meetings with Medius and our team to pinpoint areas for improvement.”
Alden Senteney
Project Manager, Briggs Equipment
Flexible and fast invoice automation for construction.
AI-powered AP automation makes handling any construction project easier and more compliant.
Handle larger volumes of invoices
Construction companies deal with loads of invoices from various suppliers and places. Medius Capture uses AI and ML for easy invoice capture, digitization, and processing, regardless of volume.
Stay compliant
Go paperless with e-invoicing that you can trust is compliant with fewer errors and precise audit trails. Also, providing payment options for vendors offers added safety and flexibility.
Easy approval routing and guidance saves time for approvers
Offer approvers easy, convenient ways to review and approve the invoices via mobile devices and through a single click in an email, offering time back for more business-critical tasks. Plus, our AI workmate can answer their questions in real-time, enabling them to act confidently and quickly.
Trusted by businesses like yours.
Here's just some of the construction firms we work with.
Keep building above the rest with Medius.
Your construction site team, building project and network of suppliers rely on reliable and efficient project management. So, what does that look like for invoice automation in construction? Take a look at some best-in-class benchmarks and see how your company compares.
Resources to get you started.
