During these exceptional times as we are all managing the consequences of the COVID-19 outbreak, the Medius team is doing its utmost to support customers, partners and employees across the globe. Below you’ll find a selection of resources to support you and your business.
If you are currently using MediusFlow, here are three things you can do today to get upfront visibility into spend and help preserve your cash.
In this blog post our team shares their best tips on staying productive and motivated while working remotely.
Join our upcoming webinar to learn how cloud-based technology can help finance teams achieve better cash management and risk mitigation.
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
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
Medius has recently joined forces with Wax Digital. Together we offer a modular source-to-pay (S2P) suite enabling best-in-class efficiency and control of the entire S2P process, from sourcing and contracting with suppliers to placing orders, as well as matching, processing and paying invoices.
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.
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.
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.
Discover informative content on the topic of efficient AP invoice automation. You can also visit our Knowledge space for more expert advice.
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%.
Learn from top industry influencers how digital transformation is reshaping AP and Finance departments around the globe
Watch a full video demonstration of MediusFlow and discover the benefits of true accounts payable automation.
