Financial information

2016 was a landmark year for Medius with a focus on growth, product innovation, and delivery excellence. After an intense transition period, the cloud is now our true reality. Medius’ international development is soaring as we boost customer success with faster, better AP invoice automation in the Cloud.

2016 highlights:

  • Sales success: Customer base grew by 21% and new Annualized Contract Value (ACV) by 30%.
  • Product innovation: New capabilities include unique AP invoice automation benchmarks, an interactive customer feedback tool and a next generation mobile solution.
  • Cloud delivery: 99.5% of all new business is cloud-based.
  • Delivery excellence: Shortened average implementation time as a result of an improved best practice approach and enhanced ERP integration packages.
  • Recurring revenue accounted for 65% of total revenue.
  • Capital injection to further accelerate the momentum in Medius’ international growth.

Read the press release about Medius 2016.

Annual report 2016


Download the Medius Annual Report 2016

More information

If you have any questions or would like any additional information you are welcome to contact our Group CFO, Anders Fohlin, email or phone +46 (0)721-55 77 91.

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