Medius awarded Spend Matters 2021 ‘50 Providers to Know’ for third consecutive year

STOCKHOLM, October 13, 2021 - Medius, a leading provider of spend management solutions, has been named a 2021 ’50 to Know’ provider by Spend Matters. The award was presented at the SIG (Sourcing Industry Group) Global Executive Summit in Carlsbad, CA. 

"In the context of global shocks, innovative new takes on what ‘source-to-pay’ includes and an urgent re-evaluation of what businesses should value beyond the balance sheet, we're pleased to present Spend Matters' annual '50 Providers to Know', '50 Providers to Watch' and 'Future 5' listees to represent the best of the technology providers that serve procurement, finance and supply chain organizations,” said Nick Heinzmann, Analyst Team Lead at Azul Partners, Inc., which publishes Spend Matters. 

The annual 50 Providers to Know and 50 Providers to Watch lists are determined by the entire Spend Matters analyst team who select the best of commercial providers that serve enterprise-level procurement organizations.  

This is Medius’ third consecutive time being featured on the 50 to Know list. 

Paul Ellis, Chief Product Officer at Medius said: “It is an honor to be listed among some of the best commercial providers in spend management. Medius is a customer-centric organization that wants to help businesses succeed in increasing efficiencies, creating cost saving opportunities and obtaining financial control. This award further justifies our continuous work to enhance our technology and consistently innovate.” 

Heinzmann concludes: “Never has procurement technology been more front of mind for businesses. With companies heavily scrutinizing their supply chains and bottom lines to protect against volatility, the procurement technology space has in 2021 gained only greater notoriety — from customers and investors alike.”