Medius AP Automation accelerates touchless invoice processing for Møbelringen

Møbelringen is a Norwegian furniture retail chain established in 1985. With a paper-based accounts payable system, the team was manually matching invoices to purchase orders; an extremely time consuming process. Learn how Medius had an immediate impact, helping to digitize and streamline invoice processing.

Mobelringen case study cover

AP Automation success story

Background on Møbelringen and their set-up

  • Website: Møbelringen
  • Industry: Retail
  • ERP: Infor M3
  • Location: Norway
  • Solution: Accounts Payable Automation

Benefits of Medius AP Automation

  • Created automated invoice-to-purchase order matching
  • Eliminated paper-based system and manual approval process
  • Increased from 52% to 80% touchless rate

Who is Møbelringen?

Møbelringen is a Norwegian furniture retail chain selling to consumers through 69 stores across the country as well as through ecommerce.

What was the challenge?

With a paper-based system the team was manually matching invoices to PO’s. With roughly 80% of invoices being PO based, this process was far too time consuming.

How did we help?

With invoices now digitized, intelligent data capture extracts information and PO invoices are automatically matched. When exceptions occur, they are managed within the digital tool.

“Medius has made a huge difference to our everyday work life. It has freed up a lot of time by removing manual tasks. This way the AP team can take on more assignments to support the business without adding additional staff.”

Gisle Weberg
Accounting Manager

Positioned for Success

  • Improved visibility and accessibility with a centralized system
  • Saving time and money; achieved higher satisfaction within the company
  • Ability to identify bottlenecks and take relevant improvement action

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