---
title: Medius awarded “Best Procure-to-Pay Software” 2022 By FinTech Breakthrough
url: https://www.medius.com/blog/medius-awarded-best-procure-to-pay-software-2022-by-fintech-breakthrough/
updated: 2025-03-07T22:04:44Z
---
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                                Spend Management

3.17.2022

# Medius awarded “Best Procure-to-Pay Software” 2022 By FinTech Breakthrough

[Medius](https://www.medius.com/ "Medius") has once again been recognized in the annual FinTech Breakthrough Awards program by [FinTech Breakthrough](https://fintechbreakthrough.com/).

The independent market intelligence organization that recognizes top achievements within the global FinTech market, has named Medius the “[Best Procure-to-Pay Software](https://www.medius.com/solutions/purchase-to-pay/ "Purchase to Pay")," making this the second consecutive year the business has claimed the title.

Awarded for its cloud-based and easy-to-use solution to control spend, Medius’s technology enables businesses to better manage areas such as supplier management, sourcing, contract management, procurement, AP automation, and payment automation – all of which can be seamlessly integrated into their systems.

For instance, Medius has helped customers better manage their response by providing simple tools to help with cash forecasting, networking capital, and to offer protection against fraud. It also enables greater control for customers in their spend management while avoiding high invoice processing costs and late payments.

Medius’ unified [supply management system](https://www.medius.com/solutions/supplier-onboarding/ "Supplier Management") helps companies accelerate onboarding, minimize data entry, and streamline supplier communications, and was a major driving force for this award. Workflows and permissions can be set up to ensure the right people approve requisitions and purchases. Meanwhile, the [digital procurement platform](https://www.medius.com/solutions/medius-procurement-solutions/ "Medius Procurement Solutions") raises purchase orders, receipt of goods, processes invoices, and pays suppliers. Automated coding is also powered by AI and Machine Learning, with invoice data automatically matched against purchase orders, goods receipts, or contacts. Additionally, state-of-the-art data capture powered by native “touchless capture” technology is built into the module, saving hours of productivity every week.

The 2022 FinTech Breakthrough Award program attracted more than 3,950 nominations from across the globe. It recognizes FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more.

#### Medius Financial Census 2026

87% of finance pros have ignored suspected fraud. That's just one finding. See what 2,386 finance leaders revealed about fraud, late payments, AI, and the profession's future.

[Get the report](https://www.medius.com/resources/guides-reports/medius-financial-census-2026/ "Medius Financial Census 2026")

#### Ardent Partners' State of AP in 2026

AI is changing what AP teams can do, and fast. Get leading analysts at Ardent Partners' take on where the industry is headed.

[Get the report](https://www.medius.com/resources/guides-reports/ardent-partners-state-of-ap/ "Ardent Partners State of AP")

#### Webinar: Preparing for agentic AI in AP

In this webinar with SSON, see how leading finance teams are moving from automation to autonomous AP, with real governance built in.

[Watch the webinar](https://www.medius.com/resources/events-and-webinars/through-trust-and-governance-sson/ "Through trust and governance SSON")

#### Discover accounts payable benchmarks

Learn the efficiency metrics that matter for AP teams and the benchmarks derived from thousands of Medius customers around the globe.

[Get the report](https://www.medius.com/resources/guides-reports/ap-benchmark-report/ "AP Benchmark Report")

#### Questions about AP automation?

Let's talk through it. A 30-minute conversation with a Medius expert costs you nothing and might save you a lot.

Book a consult

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