Iptor strengthens partnership with Medius to automate invoice processing globally
September 29 2020, Stockholm, Sweden
Iptor, a leader in ERP and supply chain management software and services, has selected Medius AP Automation to enable efficient, automated processing of supplier invoices throughout its global organization.
Iptor sought to increase efficiency and save time for their staff involved in the accounts payable process. With Medius they will be able to centralize and automate their AP workflow and remove time-consuming manual tasks. In addition, Medius’ solution will improve internal control and enhance reporting capabilities for the entire company.
Implementing Medius AP Automation is just the latest step, in a well-established relationship between Medius and Iptor. Joint customers get a seamless integration between the Iptor ERP solutions and Medius AP Automation enabling automatic matching of invoices to purchase order data for a fully touchless invoice management process.
Medius AP Automation was an obvious choice for Iptor when seeking an accounts payable solution. Medius’ integration technology, as well as their proven customer track record, reinforced Iptor’s decision to use the AP automation solution.
”Medius is a highly valued business partner of Iptor and we are pleased to evolve our relationship to improve our own AP processes”, says Daniel Bednar, CFO at Iptor. “With Medius we’ll increase visibility of the AP process, get better financial control and insights that will enable us to continuously improve and optimize our business processes.”
“We are proud that Iptor has picked Medius to improve their accounts payable processes”, says Ulf Schnürer, Partner Director at Medius. “This proves how the combination of our best-of-breed solution and the Iptor ERP system enables significantly improved automation rates and accelerated lead times in AP.”
For more information contact:
- Thomas Müllertz, CMO, Medius
- Ulf Schnürer, Partner Director, Medius
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.
Over 3,500 customers and 450,000 unique users worldwide use Medius spend management solutions, managing transactions worth more than $150 billion annually. Medius was founded in 2001 and acquired procurement solution provider Wax Digital in 2019. Today, the company 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 mediusflow.com.
Iptor is a global leader in enterprise resource planning, supply chain management, planning, and logistics software and services. Iptor helps distribution-focused organizations solve their most complex order management and fulfillment challenges within fast-moving, multi-channel and global supply chains, turning them into growth opportunities.
Serving 1,250 customers with 4,000 installations in more than 40 countries, Iptor provides fully integrated enterprise solutions, with highly adaptable and robust software backed by world-class support from distribution and supply chain experts. With its micro-services orientated cloud platforms and the use of smart technologies, Iptor offers compelling value to customers across the Technical Wholesale, Pharma, and Publishing sectors. For more information, visit www.iptor.com.