Digital transformation guidance
Check out our latest resources to support your digital transformation journey in these challenging times.
Cloud-based AP automation
Enjoy a highly automated, cost effective process while being in full control of invoices and spend
Learn more about AP Automation Book a personal demoMore than 3,500 customers have automated their AP with Medius
Gartner Report: Debunking Myths and Misconceptions About AI
In this report Gartner picks apart nine of the biggest misconceptions about Artificial Intelligence.
How AI is shaping AP Automation in 2021
Watch this on-demand webinar to learn how AI and Machine Learning technology can support an automated invoice process.
IDC MarketScape: AP Automation for Midmarket
Medius AP Automation is positioned as a 'Leader' with extensive automation and integration capabilities.
MediusFlow allows us to preserve supplier relationships, obtain wet ink signatures and route invoices for approval in a fully virtual environment. We couldn't be better positioned with our centralized accounts payable solution these days!
- Kevin Drohan, Corporate Controller, Sprague Energy Resources
AP invoice automation: How it works
By automating every step of the invoice management process, MediusFlow allows you to reduce manual work, accelerate invoice processing, and gain greater financial control and visibility.
Companies using MediusFlow's AP Invoice automation solution have successfully streamlined their process to the point that over 90% of invoices run through a fully automated “touchless” process. Learn more about automated invoice processing.
We could all stay home and let the system do its magic. Jokes aside, I believe this is a real treat for everyone involved. The accounts payable staff, our managers and all employees safely approve invoices on their smartphones while on the road.
- Andrew Ainsworth, Finance Manager, Elekta
A power-house in global Spend Management solutions
Medius has joined forces with Wax Digital. Together we offer a modular spend management suite enabling best-in-class efficiency and control of the entire source-to-pay (S2P) process. Our customers manage everything from sourcing and contracting with suppliers to placing orders, managing supplier relationships as well as matching and processing invoices in one integrated, easy to use, cloud-based tool.
Discover AP process benchmarks for your organization
Try out our AP Efficiency Benchmark Calculator to learn how similarly sized companies in your industry with the same ERP system perform on the most important accounts payable KPIs.
Accounts payable automation solutions for small businesses
MediusGo is the entry version of Medius’ best-of-breed AP invoice automation offering, designed to support SME businesses by enabling unprecedented efficiency and control throughout the entire accounts payable process. MediusGo offers standard integrations to most ERP systems on the market making it easy to get started. You'll get an a highly efficient AP process and a user friendly tool at a fixed monthly fee.
What can we do for you?
MediusFlow enables AP Invoice automation by digitizing, streamlining and automating invoice management processes in order to free up time. Which area are you looking to improve? Use the links below to learn how MediusFlow can help.
What is AP invoice automation?
With AP invoice automation supplier invoices are processed in a fully digital workflow where some or all steps are automatically managed by an AP invoice automation solution.
AP invoice automation enables companies to eliminate paper invoices and remove manual tasks, while invoices are processed faster and suppliers are paid well in time before due date.
In order to work with AP invoice automation, you need to convert all invoice data to a single digital format, using invoice scanning and data capture solutions.
The MediusFlow AP invoice automation solution allows you to automatically code and distribute invoices to the right person for approval based on your company’s chart of accounts, business rules and approval hierarchy that are pre-configured in the system.
For order-based invoices with a corresponding purchase order and registered goods delivery receipt (GDR), MediusFlow matches each invoice row to the correct line on the order. If all of the information matches up, the invoice is automatically approved for payment – in a completely touchless process.
Learn more about AP invoice automation
Discover informative content on the topic of efficient AP invoice automation. You can also visit our Knowledge space for more expert advice.
How Marc Jacobs automated their accounts payable in 3 weeks
Marc Jacobs’ CIO explains why he calls MediusFlow "a little miracle" and how they achieved 93% touchless invoice processing and cut lead time by more than 75%.
Webinar: Prepare AP for the Age of Digital Transformation
Learn from top industry influencers how digital transformation is reshaping AP and Finance departments around the globe
Video: 10-min solution demo
Watch a full video demonstration of MediusFlow and discover the benefits of true accounts payable automation.
