Fritz Hansen selects Medius for automated invoice processing
July 9 2020, Stockholm, Sweden
Fritz Hansen, an exclusive Danish design brand for furniture, lighting and accessories, picks Medius as strategic partner for automating and optimizing its financial processes.
Fritz Hansen, headquartered in Denmark, processes approximately 25,000 supplier invoices every year. The company will deploy Medius cloud-based AP Automation solution to achieve a fully touchless invoice process, resulting in strategic efficiency gains.
“We chose Medius because it is a user-friendly solution and enables a high level of automation of our accounts payable process. It is extremely important to us that our finance employees can easily manage invoices digitally on any device, removing manual, paper-based tasks” said John Ranker, Team lead of finance operations at Fritz Hansen.
Even during the current COVID-19 circumstances, the selection process went smoothly. “The Medius team has been very accommodating throughout the evaluation process and has reported back quickly on all the queries I have had” Ranker adds.
Per Åkerberg, CEO at Medius is delighted to welcome Fritz Hansen amongst its expanding portfolio of customers. He says: “We’re delighted to welcome Fritz Hansen to our global customer community and are looking forward to quickly get their team up and running with our solutions to experience a highly efficient, automated accounts payable process,” said Per Åkerberg, CEO at Medius.
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Medius is a leading global provider of cloud-based spend management solutions, helping organizations drive their business forward by enabling best-in-class process efficiency, cost saving opportunities and greater financial control.
Our modular spend management suite includes market leading solutions for strategic sourcing, contract management, procurement, accounts payable automation and supplier management as well as data insights tools bringing control, compliance and cost savings throughout the entire source-to-pay process.
Thanks to an easy cloud deployment, intuitive user interface and built-in best practices our customers experience tangible savings right from the start as well as long term ROI success. With Medius, spend is simply managed.
Over 3,500 customers and 450,000 unique users worldwide use Medius spend management solutions, managing transactions worth more than $150 billion annually.
Founded in 2001, Medius is owned by the global investment firm Marlin Equity Partners. In 2019 Medius acquired Wax Digital to become the power-house in spend management solutions. The group has over 350 employees and offices in Sweden (HQ), the United States, United Kingdom, Australia, Denmark, Norway, the Netherlands and Poland. For more information, please visit medius.com.