Medius spend management for finance teams
Medius spend management automates every spend-related activity from vendor master data management to invoice processing. Your accounts payable team will see the pressure lift and finance leaders get the time and the business intelligence they need to play a full strategic role in your organization’s growth.
Why Medius for finance?
Rigorous processes and controls give you peace of mind and show stakeholders that finances are well managed
Accurate data gives you total control
Easy access to accurate financial data plus a full audit trail puts you in control of your operations, cash flow and spend
Medius just works with your systems
Modules connect directly with ERP and finance systems, standardizing processes and closing the procurement/finance gap
Scalable finance solutions to give you visbility and control of spend
By eliminating unproductive manual tasks, our tools speed up workflows, cut costs, and reduce errors. Free from firefighting, paper-chasing, and battling with outdated, unconnected systems, you and your staff can deliver a streamlined service that smooths business operations.
Make better decisions, faster
If you’re always stressing about how you can have better visibility to manage your cash on hand or want to find the best opportunities to boost your efficiencies, then you should get Medius Analytics.
Why? Because you’ll be able to use your own Accounts Payable (AP) data as your secret weapon to make smarter decisions. It's your spend, simply managed.
Manage cashflow effectively - no more surprises
System controls in Medius Procurement ensure that POs are raised, approved, and in the system for every purchase. AI-assisted invoice processing with Medius Accounts Payable Automation means invoices are matched swiftly and can be paid promptly.
To consolidate financial data simply connect Medius to your existing systems and get instant access to critical working capital and cash flow figures.
An AP process that works
With Medius, accounts payable runs smoothly from receipt of invoice through to payment. Our unique predictive capture and coding technology puts an end to manually keying in invoice information.
Out-of-the-box connectivity means details can flow back to your ERP automatically, in real-time.
Better buying, clearer accountability
Medius tools make it easy for procurement teams to adopt best practices in sourcing (and resist pressure to buy a specific product or service without due process), ensure supplier compliance, and develop beneficial long-term vendor relationships.
It’s also simple to identify savings opportunities that will boost the bottom line.
Centralised controls drive every order through the agreed supplier, and transparent processes deliver full accountability at every stage.
What makes Medius a sound investment?
Proven effectiveness, fast ROI
With over 3,500 customers, our systems are tried and tested. And with remote set up and quick-to-learn interfaces, you’ll see the benefits fast
Best practices for every activity
From sourcing to payment, the Medius suite transforms processes and brings in best practice for every spend management task
You set the pace. Choose modules one at a time and assess success; commit to further spending as you see returns