Accelerate your invoice processing

How long does it take your accounts payable team to process an average supplier invoice? What does that add up to in a week? A month? A year?  

Want to get those minutes back? MediusFlow dramatically improves approval times for invoices by creating a simple, touchless experience. Most businesses have cut the time it takes to process an invoice to just 7 days, and some as few as 2.

By accelerating your process with MediusFlow you can:

  • Gain competitive advantage by improving supplier relationships
  • Avoid late payments and negative credit impact
  • Support timely closing of books and financial reporting
  • Create an exceptional user experience for internal audiences
  • Enable skilled accounts payable resources to focus on business-critical initiatives
     

How it works

Automated invoice processing with MediusFlow in 2 minutes.

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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

Automation saves time – and money  

MediusFlow increases the level of straight-through processing with industry-leading invoice automation and invoice matching capabilities. Our best practice workflows allow us to work hand-in-hand with AP teams to reinvent how AP is done today and drive continual improvements. Every aspect of the invoice process is monitored and tracked using our benchmarks and KPIs including our Touchless Ratio. In fact, our advanced matching engine makes it possible to automatically process over 90% of purchase order-based invoices without any manual intervention.  

Our cloud solution is flexible and scalable and provides an exceptional user experience across devices ensuring a high level of adoption and consistent use. And a shorter approval process ensures that you can pay your suppliers on time, every time. That means no more late fees, stronger relationships with your suppliers, and even the opportunity to capture early payment discounts.   

True AP intelligence

But MediusFlow doesn’t just save time for your accounts payable department. It turns it into an intelligence hub for your business. Unprecedented access to data combined with powerful reporting capabilities allows both finance teams and management to get a clear financial picture of the business, identify process improvements and make informed business decisions.

How does it work? Watch the video above to get an introduction to the MediusFlow invoice processing software. Or if you’re ready to take the next step, click here to view a full demonstration.  

Learn more

Discover informative content on the topic that matters most to us: efficient accounts payable automation.

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%.

Blog: Benchmark your way to invoice processing excellence

Read this blog post for a step-by-step guide on how to speed up your accounts payable process using KPIs and relevant benchmarks.

White paper: The modern AP manager's automation toolbox

Consider this white paper the field guide to optimizing your accounts payable operation including the top 5 KPIs that you should track when striving to reach best-in-class efficiency and automation.

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