Medius automates invoice capture, approvals, processing, and payment to replace the worry and wondering of managing AP with calm, confidence and control. Medius goes far beyond basic automation by using AI to do the work.
Automating your invoice processing can allow you to drastically shorten your processing lead time, as well as removing complexity in every step of the workflow.
Our invoice processing solution allows for full visibility end-to-end of the invoice process, right through from reception to payment.
Automating your invoicing process with our software allows you to view a comprehensive analysis and insights into your financial data – allowing you to report on time and with confidence, as well as increasing your productivity and reducing operating costs.
Accounts payable, or AP, automated invoice processing transforms manual, paper-based invoice processing into an automated organized system. Our native embedded capture solution automatically takes invoices arriving by paper, email, and e-invoices/EDI and converts them into a digital format. Invoice coding can be automatically applied through machine learning based on your historical actions. Invoices are then routed as necessary for approval and readied for payment processing.
Our invoicing solution automatically routes the invoices to the appropriate person for approval, alongside any other supporting documentation. and more control over internal processing functions. Our invoice processing system helps your accounts payable teams by automating their processes and freeing them up to spend more time on pressing tasks.
Cloud-based and scalable, Medius’s invoice and payment processing system with pre-packaged connections to ERPs ensures a rapid and predictable implementation with a positive effect on your business immediately.
We do this by:
"Medius is truly a global solution provider and has proved over and over again that it can support international rollouts, whatever the market requirements. Combining the OCR (Optical Character Recognition) engine and the invoice to purchase order matching gives you a world class solution for accounts payable. I really see no better alternative anywhere else."
Andrew Ainsworth
Finance Manager, Elekta
The definition of a truly touchless process is that no intervention is required from when the invoice arrives to when it is processed for payment. It’s possible to get there, and this article will reveal five ways to improve your organization’s AP automation efforts, so you can spend less time chasing paper and more time doing productive work.
The function of accounts payable within organizations is transforming - and the key to that transformation is automated invoice processing. Medius is at the heart of the AP revolution, working together with a community of experts, users, and partners to continuously drive innovation that helps you solve real-world AP challenges. By giving you end-to-end automation, cash and cost control, best-in-class support, and powerful data-driven insights, Medius is ready to help you change the role of AP in your business.
The cost and effort to automate accounts payable are minimal compared to most digital transformation projects, and the benefits are nearly immediate for the entire organization. The decision to automate AP should be a no-brainer, but where do you start?
Follow the six steps in our Buyer’s Guide to AP Automation Solutions to build a solid business case that illustrates how you can help your business save time and money, reduce fraud and risk, increase visibility to data and cash flow, and more.
