Choose another country to see content specific to your location Continue

Sales: +61 410 559 670
Asia Pacific
North America United Kingdom Asia Pacific Sverige Nederland Danmark Norge
Medius Logo
  • Solutions
    Overview Icon
    Overview

    Our modular spend management suite explained

    AP Automation Icon
    AP Automation

    Capture invoice data and automate processing

    Pay Icon
    Pay

    A single channel to manage all payments

    Procurement Icon
    Procurement

    Enforce buyer compliance and control your costs

    Sourcing Icon
    Sourcing

    Get the right suppliers at the right price

    Contract Management Icon
    Contract Management

    Secure supplier agreements in the cloud

    Supplier Management Icon
    Supplier Management

    Onboard and manage suppliers to reduce risk

    Analytics Icon
    Analytics

    Out of the box metrics to manage success

    Connect Icon
    Connect

    Easy integration with pre-built connectors

  • Resources
    All resources Icon
    All resources

    See all our insightful content in one place

    Blog Icon
    Blog

    Get the latest spend management news from the experts

    Webinars Icon
    Webinars

    Watch and learn everything about spend management

    Case Studies Icon
    Case Studies

    See what our customers say about us and how we help

    Product tours Icon
    Product tours

    Video demonstrations of our products in an easy-to-digest format

    Guides & Reports Icon
    Guides & Reports

    Take a look at our library of invaluable spend management resources

  • Customers
    Industries Icon
    Industries

    See how we help your sector and others

    Elevate Icon
    Elevate

    Subject matter experts dedicated to helping you maximize the value of your Medius solution

    AP Benchmark Report Icon
    AP Benchmark Report

    See how you compare to Medius customers

    Customer Success Icon
    Customer Success

    Our customers mean everything to us. Find out why.

    Medius Life Hacks Icon
    Medius Life Hacks

    Top tips to make your life a little easier

  • About
    About Icon
    About

    Discover our story and what we stand for

    Careers Icon
    Careers

    Get a job with Medius by browsing our vacancies

    Management Icon
    Management

    Meet our top team and find out what makes them tick

    News Icon
    News

    Read the latest news about Medius

  • Partners
    Partnering with Medius Icon
    Partnering with Medius

    Find out the different ways you can partner for success with Medius

    Referral Program Icon
    Referral Program

    Introduce Medius to companies searching for AP & Payments Automation. Sign up today!

Medius Logo
Solutions
Solutions
Solutions
Overview Icon Overview

Our modular spend management suite explained

AP Automation Icon AP Automation

Capture invoice data and automate processing

Pay Icon Pay

A single channel to manage all payments

Procurement Icon Procurement

Enforce buyer compliance and control your costs

Sourcing Icon Sourcing

Get the right suppliers at the right price

Contract Management Icon Contract Management

Secure supplier agreements in the cloud

Supplier Management Icon Supplier Management

Onboard and manage suppliers to reduce risk

Analytics Icon Analytics

Out of the box metrics to manage success

Connect Icon Connect

Easy integration with pre-built connectors

Resources
Resources
Resources
All resources Icon All resources

See all our insightful content in one place

Blog Icon Blog

Get the latest spend management news from the experts

Webinars Icon Webinars

Watch and learn everything about spend management

Case Studies Icon Case Studies

See what our customers say about us and how we help

Product tours Icon Product tours

Video demonstrations of our products in an easy-to-digest format

Guides & Reports Icon Guides & Reports

Take a look at our library of invaluable spend management resources

Customers
Customers
Customers
Industries Icon Industries

See how we help your sector and others

Elevate Icon Elevate

Subject matter experts dedicated to helping you maximize the value of your Medius solution

AP Benchmark Report Icon AP Benchmark Report

See how you compare to Medius customers

Customer Success Icon Customer Success

Our customers mean everything to us. Find out why.

Medius Life Hacks Icon Medius Life Hacks

Top tips to make your life a little easier

About
About Medius
About
About Icon About

Discover our story and what we stand for

Careers Icon Careers

Get a job with Medius by browsing our vacancies

Management Icon Management

Meet our top team and find out what makes them tick

News Icon News

Read the latest news about Medius

Partners
Partners
Partners
Partnering with Medius Icon Partnering with Medius

Find out the different ways you can partner for success with Medius

Referral Program Icon Referral Program

Introduce Medius to companies searching for AP & Payments Automation. Sign up today!

English
English
Global
Asia Pacific
North America
United Kingdom
Sverige
Norge
Nederland
Danmark
Contact us
Book a demo
  • Home (Australia)
  • Glossary

Procurement and finance terminology explained

We get it, eProcurement and finance are full of buzzwords and terms that are just plain confusing. In our glossary, we breakdown this world of confusing language into digestible chunks, so you can understand what means what.

Procurement and finance terminology explained Image
Procurement and finance terminology explained Image

What is eProcurement?

What is eSourcing?

What is Supplier Information Management (SIM)?

Procurement FAQs

What is eInvoicing?

What are eAuctions?

What is Supplier Management?

What is Strategic Sourcing?

What is Contract Management?

What is eTendering?

What is Accounts Payable?

What is Accounts Payable Automation (AP Automation)?

What is Invoice Processing?

What is Invoice Matching?

What is Invoice Scanning?

What is Invoice Approval?

 

Ready to try Medius?

Click book a demo to talk to our advisors who will ask you some basic questions to understand your challenges.

Book a Demo
Contact Us

Products

  • AP Automation
  • Invoice Capture
  • Payment Automation
  • Procurement Solutions
  • Sourcing
  • eAuction Software
  • Contract Management
  • Supplier Management
  • Analytics
  • Connect

Solutions

  • For finance professionals
  • For procurement professionals
  • Source to Pay
  • Purchase to Pay
  • Source to Contract
  • For your ERP

Industries

  • Aerospace and Defence
  • Business services
  • Charities
  • Construction
  • Education
  • Financial services
  • Food and drink
  • Healthcare
  • Hospitality
  • Manufacturing
  • Retail
  • Transport and logistics

Resources & info

  • Contact Us
  • About Medius
  • Customers
  • Partners
  • News
  • Blog
  • Resources
  • Case Studies
  • Webinars
  • Events
  • Careers
  • Glossary

Contact

  • 240/117 Old Pittwater Road,
  • Brookvale,
  • NSW 2100,
  • Australia
  • +61 410 559 670
  • info.apac@medius.com

© 2022 Medius. 240/117 Old Pittwater Road, Brookvale, NSW 2100, Australia Privacy Cookies Anti-slavery statement