Medius featured in PYMNTS.com article: How Automation Turns AP Into A Revenue Generator
21 March 2019
In an interview with PYMNTS, Daniel Saraste, VP of Product Marketing at Medius, said when it comes to existing accounts payable processes, “the challenge for many AP departments is getting into a state of ‘being in control.’”
Paper-based processes are slow and often may not provide insight into the number of invoices outstanding or the dollar value of those invoices currently being processed.
Typically, the AP department will struggle to just pay on time or reasonably late. Automation, by way of contrast, done in a fashion where there is, as Saraste said, “no human touch at all” means AP departments can pay within a given number of days, if they choose to do so.