Medius continued its growth journey in H1 2015

Stockholm, August 25, 2015

The first half of 2015 was another step in Medius’ journey of growth. Medius won 70 new clients over this period, including world-famous retail brands, global manufacturing companies and major distribution companies.

“We see growth in our market staying strong. 2014 was a record-breaking year for us, but that isn’t stopping us from posting double-digit percentage sales gains in H1 2015. The clearest trend we are seeing is the rising interest in the cloud on the part of large corporations,” says Per Åkerberg, CEO of Medius.

Medius launched its first cloud-based solution in 2009 and was quick to take advantage of Microsoft Azure at an early stage. We passed a key milestone in H1 2015 with over 90% of new client business in the cloud. The number of invoices processed in the cloud also soared to an increase of around 300% over the period.

“Our cloud solution adds value for clients on a whole new level in the form of security, scalability, simplicity and the ability to apply best practice from our entire client base of over 1,500 clients. The fact that we have clients who process any number of invoices from a couple thousand to over a million annually is a testament to our scalability. Part of the simplicity we provide is that everything, even updates, are included at a flat rate,” says Per Åkerberg, CEO of Medius.

155 new clients went live and started using Medius solutions in H1 2015, including a major retail company in Europe with over two million invoices annually. The number of new clients going live has also increased exponentially in comparison to previous periods.

“We are now seeing the advantages of the cloud and our new platform. We can cut implementation times by standardizing and applying best practices much more than we could before, which benefits our clients with both shorter implementation times and a better all-in-one solution,” Per Åkerberg concludes.

H1 highlights:

  • Growth staying strong with 70 new clients
  • Over 90% of new sales in the cloud
  • 155 clients went live with Medius solutions 
  • Per Åkerberg stepped in as new CEO in June

For more information, please contact

  • Per Åkerberg, President & CEO, Medius AB, +46 (0)729 61 25 50, per.akerberg@medius-group.com
  • Fredrik André, Global Marketing Director, Medius AB, +46 (0)709 23 93 81, fredrik.andre@medius-group.com

About Medius

Medius is a leading provider of AP invoice automation solutions in the cloud. The solutions MediusFlow and Ascendo automate and simplify the entire P2P process. The company has 1,500 customers worldwide, with high density in Retail, Manufacturing and Services. Founded in 2001, Medius now has 200 employees working out of offices in Sweden (HQ), Norway, Denmark, Poland, the Netherlands, United States, Malaysia and Australia. www.mediusflow.com.