Our vendors are extremely happy. In the past, we were struggling to pay an invoice in less than 45 days. With MediusFlow we have been able to shorten our invoice processing lead time to in average 11 days.
- Regis Litre, CIO, Marc Jacobs
Our vendors are extremely happy. In the past, we were struggling to pay an invoice in less than 45 days. With MediusFlow we have been able to shorten our invoice processing lead time to in average 11 days.
- Regis Litre, CIO, Marc Jacobs
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.
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.
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.
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.
Discover informative content on the topic of efficient AP invoice automation. You can also visit our Knowledge space for more expert advice.
Learn from top industry influencers how digital transformation is reshaping AP and Finance departments around the globe
Learn how Tikkurila achieved control, efficiency and 93% touchless invoice processing with MediusFlow.
Watch a full video demonstration of MediusFlow and discover the benefits of true accounts payable automation.