Streamline your workflow, free up resources, and gain control over your finances with the
AP Automation solution midsized businesses love to use.
Manual processes
Hand typing data and manually processing invoices is not only time consuming but also introduces potential risk of errors and fraud.
Lack of visibility
Breakdowns between existing systems and failure to digitize invoice information makes managing cash flow difficult and can lead to unpleasant surprises and late payments.
Inability to scale
Midsized companies looking to grow are stopped from doing so when they’re barely treading water as is. Adding headcount to manage additional invoice and supplier volumes puts a dent in the bottom line.
Late payment woes
With excessive processing times comes the inability to get payments out the door on time. Paying early for discounts is simply not an option.
Clunky, outdated systems
Disparate, antiquated systems that can’t meet the needs of modern AP not only slow down the invoice process, but make user adoption a struggle for business users.
Staffing shortages and talent retention
The global shortage of accounting professionals stems from a job that can be mundane and high burn out. Holding on to talent without AP automation is nearly impossible.
AI-powered automation takes over the mundane and manual steps in the invoice process, making things move faster and catching fraud and errors along the way.
With a modern AP automation solution that connects with your ERP and accounting systems, you know you can trust the data and make informed decisions quickly.
Unlike people, AI doesn’t get tired when you increase invoice volume and expand your supplier base. Plus, AP staff have their time freed up to tackle growth opportunities, so no extra headcount is needed.
With a streamlined solution, there’s no trouble with getting payments out the door. Plus, automated payments such as virtual cards and ACH get payment to vendors in the blink of an eye, cutting back on slow, inefficient checks.
With a user-friendly UI, adoption rates throughout the business skyrocket and so does compliance with policies and procedures.
With the drudgery of manual AP out of the picture, AP staff can refocus their time on value-adding work. And they can update their resumes to showcase their experience working with intelligent technology.
Way better than hand-typing, bringing invoices to a scanner, or repeatedly fixing clunky templates in your old software. AI makes capture a game changer for AP teams, digitizing data at the header and line level, flagging potential mistakes and mapping against tolerance exceptions to keep invoices moving.
See Medius Capture in action
Invoices can be touchlessly moved through to payment as AI takes the invoice data and 3-way matches to verify accuracy against both purchase orders and receipts — avoiding fraudulent invoices, safeguarding your assets, and ensuring you pay the correct amounts. AI can even make suggestions for coding or tweaking your unique business rules to help you become fully autonomous.
See PO-based invoice flow in action
Medius Pay eliminates manual tasks, creates clear audit trails, and lessens the opportunity for errors via a fully automated invoice-to-pay process. You can pay the way you need to, whether by check, ACH, and card and virtual card payments in one end-to-end solution.
We've built intelligent technology to reimagine how invoices move into and through your business. With a process that you don’t have to touch, and gets smarter with every step, our solutions are enhanced with AI capabilities, including an AI chat bot to field persistent supplier inquiries (Supplier Conversations) and a workmate for approvers’ questions or needs (Medius Copilot).
Medius eliminates the time and cost burdens of complex ERP integrations. Whether you leverage our pre-packaged managed integrations, opt for our REST APIs or file exchange integration, or work with our expansive network of partners, the integration between Medius and your ERP and accounting system will keep all of your master data in sync without requiring a heavy lift from your IT team.
At Medius, we offer a complete Spend Management suite comprised of modules that connect and complement each other. Whether you’re looking to augment your invoice management with Medius Fraud & Risk Detection or tackle purchasing processes with Medius Procurement, we have the solutions to do the job, whenever the time is right for your business.
"The hours spent on manual work has reduced dramatically. We managed to integrate three business units and haven't required an extra team resource. This has given us the opportunity for growth."
Rebecca Moxley
Group Financial Controller, LifeHealthcare
