Spend management software for the construction industry
Providing a set of practical and easy-to-implement tools, our eProcurement and finance solutions streamline complex construction industry processes, cut costs, and help keep projects on track.
Why Medius for construction?
Complete control over spend
Centralized controls make it simple for you to manage purchasing activity and stop off-contract spend.
Full visibility of buying activity
A clear view of your buying activity improves decision-making and makes project management easier.
Integrated online processes
Online processes integrated with industry systems support mobile working and cut admin costs.
Build your own spend management suite.
With Medius, procurement and finance issues stop being a headache. Sourcing, supplier management, ordering, and payment; you’re in control. Defeat scattered spreadsheets and standalone workflows and introduce integrated working that helps increase efficiency, and drive down costs.
Manage spend effectively
For a strategic approach to finding and evaluating your suppliers, choose Medius Sourcing; easy-to-implement eTendering, eAuctions, and more.
Add Medius Procurement to channel your orders through contracted suppliers, open up volume discounts, and automate approval and PO processes.
Link to Medius Accounts Payable Automation for slick invoice processing and full control of cashflow - maximize early payment discounts or conserve cash if you need.
Improve supplier compliance for better results
Paperless contract storage from Medius Contract Management makes it easy for your staff to check any detail, any time. An accreditation missing, a plant hire agreement ending, or a contractor insurance renewal due? Automated alerts mean you’ll know in good time.
For hands-off updates, make suppliers responsible for uploading their own details through Medius Supplier Information Management. Then bring in Medius Supplier Relationship Management to track performance and build collaborative partnerships.
Pay suppliers smarter and monitor AP performance
When it's time to pay suppliers after you've received materials on your site, you want to do this quickly and efficiently, without incurring needless fees.
The panacea to your problem is Medius Pay. Our solution removes processing checks eliminates international fees and automates routine tasks.
When it's time to monitor how Accounts Payable performance, don't try to guess, use Medius Analytics. It uses your own invoicing data to help you spot bottlenecks and monitor cashflow.
Connect your back-office with our solutions
Each Medius solution automates and streamlines workflows, saving you time and money. For seamless integration to internal and third-party systems, use Medius Connect.
Grab drawings from Conject, share data with COINS, and use address look-up to find contractors near a project site. Tools are fully web-based, so staff can work remotely.
Briggs Equipment reaches best-in-class KPIs with AP automation.
Medius AP + Microsoft ERP = 82% distribution rate.
- Challenge: Briggs Equipment needed greater control, reduced lead time for the 220K invoices it processes annually, and a solution that worked with its Microsoft Dynamics AX ERP.
- Solution: Medius AP Automation and the Medius team helped Briggs upgrade to digital, determine its goals, and align on key performance indicators (KPIs).
- Results: Immediate benefits with:
- Touchless invoice processing went from 0% to 75%.
- Automatic distribution rate increased from 0% to 82%.
- Maintained AP headcount with scaled company growth.
- Established KPIs and reach industry benchmarks.
“With the guidance from the team at Medius, we could not only set up the KPIs we needed to track, but also maintained regular meetings with Medius and our team to pinpoint areas for improvement.”
Alden Senteney
Project Manager, Briggs Equipment
Trusted by businesses like yours.
Here's just some of the construction firms we work with.
“We’re pleased that Accounts Payable – whose function is disbursement of funds – can take an active role in generating revenue.”
Daryll Franco
Events Coordinator, PENTA Building Group
Find out why our customers love us.
Why we’re serious about customer success at Medius.
You deserve the very best customer service.
You demand the very best customer service, and we agree with you. So, when you start working with us, we’ll work hard to build a genuine partnership based on trust and understanding, always prioritizing your needs.
Your feedback is crucial to success (for both of us).
At the heart of Medius is a passionate product development team. Robust feedback has been part of our success over the last 20 years, and when we start working together that’ll continue. We’ll constantly use your feedback to deliver innovative spend management experiences.
Resources you’ll love and use every day.
If you like webinars, best practice guides, and useful content, then you’re in luck! Medius has some of the leading minds in spend management on its books to help you get the most value out of your procurement or finance process.
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