Focus on your buyers –not your back office– with AP invoice automation for food and beverage.
Reliable invoice processing is key to handling quick turnovers and industry changes smoothly.
Staying fresh and fast is the name of the game in food and beverage. That includes your invoice processing and payments, too.
Consumers want convenience, healthy choices, and sustainability in their food and drink service. This calls for investing in digital and AI tech to keep up with and meet their needs—and for accounts payable, it means automated invoice processing that can deliver on expectations.
Eliminate wasted time and paper with on-time payments.
Pay your suppliers on time and give them an onboarding experience they’ll appreciate. Process invoices in as little as one day.
Real-time payment updates – without any extra work.
Give your vendors fast, accessible answers to their invoice and payment status queries with our AI chatbot.
Simplify invoicing for everyone.
Medius Invoice Capture can digitize any invoice format and all line items from suppliers while automation optimizes your payment schedule. Win-win.
AP automation for food and beverage that delivers what you need.
Get those early payment discounts.
Reduce the time you spend on processing invoices and free up cash flow, so you extend supplier payments or cash in on early payment discounts.
Handle high-volume PO invoices with ease.
Get the spend view you need – across products, geos and suppliers – all in one place. With a consolidated picture of direct and indirect spend (yes, even across multiple ERPs) and clear, accurate cash flow, you can identify priorities, savings and risks.
Pay for what’s delivered on time, every time.
Detailed line-by-line capture and multilevel matching make sure that invoices, direct material POs, and goods receipts are accurately matched and processed automatically for precise payment control.
Mowi gets automatic routing and touchless PO invoicing!
“Because the Medius connector to Infor M3 is thorough and reliable, we can ensure proper accounting and invoice matching across our global business.”
Jørn I. Berg
Group IT Business, Applications Manager, Mowi
Maximize profits with invoice automation for food and beverage.
AI-powered AP automation that learns and automatically codes to your GL.
Cash flow visibility for faster decisions
Optimize working capital with real-time spend data of what’s pending and what’s paid so nothing slips through the cracks.
Complex invoices won’t slow you down
Medius best-in-class customers see a 94.9% touchless processing rate, meaning invoices go straight to the payment queue without requiring manual review.
Easy approval routing and guidance saves time for approvers
Offer approvers easy, convenient ways to review and approve the invoices via mobile devices and through a single click in an email, offering time back for more business-critical tasks. Plus, our AI workmate can answer their questions in real-time, enabling them to act confidently and quickly.
Ready to optimize your finance F&B operations? Get autonomous AP.
Examine the pressures driving AP departments to adopt automation to mitigate risk and improve efficiency and how the AP automation of today is becoming the autonomous AP of tomorrow.
Resources to get you started.
