Why Medius Accounts Payable Automation?

Accelerate invoice processing and save time Icon
Accelerate invoice processing and save time

Make it quicker and easier to process invoices automatically to take advantage of those all-important early payment discounts

Work smarter with AI-driven capture and coding Icon
Work smarter with AI-driven capture and coding

Our machine learning AI technology spots patterns in coding and capture and fills in the gaps so you don’t have to.

Get complete financial visibility and control Icon
Get complete financial visibility and control

Empower your finance team with a solution that helps them track, trace and identify all payments with a simple click.

Medius AP Automation features

Single user experience for capturing and processing invoices Image

Single user experience for capturing and processing invoices

Eliminate logging into multiple systems for capturing and processing invoices. With our accounts payable automation solution, you’ll be able to use the same UI to capture and process all your invoices, resulting in a single, streamlined user experience for your accounts payable process.

Single user experience for capturing and processing invoices Image
Automated coding powered by AI and machine learning Image

Automated coding powered by AI and machine learning

Our intelligent capture and coding boosts compliance with automatic invoice processing. Medius AI automatically matches invoice data against purchase orders, goods receipts, or contacts based on a wide range of detailed information, including line items, line totals, or invoice headers.

Intelligent invoice and touchless data capture Image

Intelligent invoice and touchless data capture

Our state-of-the-art data capture solution is native to our AP Automation solution and expertly pinpoints and extracts invoice data automatically. It’s powered by our innovative ‘touchless capture’ technology – clever AI that gives hours of productivity back to your team every week. Original invoices are then automatically archived in Medius AP Automation for you to audit whenever you need them.

Intelligent invoice and touchless data capture Image
Complete financial visibility with reporting and analytics equals better decisions Image

Complete financial visibility with reporting and analytics equals better decisions

Detailed operational and financial reporting and analytics help you make smarter everyday and business critical decisions and keep control of your finances. Deep-dive into performance KPIs, cash flow forecasts, captured and missed discounts, a working capital dashboard, and so much more – knowing that you can rely on the real-time, data-driven data.

Integrate Medius AP Automation with your back-office

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Rapidly bring together your back-office and third-party systems using Medius Connect. It features:

  • Out of the box connectors for major ERP systems means a rapid and predictable implementation
  • Native embedded capture means a single user interface to manage all invoices from initial input to final approval
  • Seamless integration with our modular solutions - such as Medius Pay - to complete, initiate, and manage payments, Medius Contract Management to tie contracts to payment agreements, and of course Medius Procurement to ensure employees order the right goods and services up front and invoices can be automatically matched without issue.
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Benefits of AP automation

Fewer errors

Human error is a risk in any process, and there’s plenty of room for mistakes to occur in traditional, labor-intensive accounts payable departments. By using AP automation software, these simple processes can be repeated endlessly without error, therefore reducing the risk of fault.

Automatically digitizes documents

Using automated AP systems removes the need for dated paper filing systems, and the storage space required. Formerly, purchase orders may have needed to be manually filled out, scanned, and then emailed around the office. AP automation does all this for you.

Makes AP accessible from anywhere

Where paper processes are involved, they often need to be done in the right place. Documents must be filled out accurately, then stored in the correct in-tray, to be filed in the right cabinet. If the process is digitized, they can be accessed and completed from anywhere – even remotely.

Time saving

Much of accounts payable work tend to be slow and repetitive. However, checking order forms and entering data is done instantly without manual effort, when managed by AP automation software.

Autonomizes workforce

Employing automated software that is reliable, well made and intuitive will allow everyone to use it. This means that the burden of AP does not have to be shouldered by just one team, and everyone in the workforce can confidently file purchase orders with a system that gives them a step-by-step guide.

Bring a data-driven approach to your AP

AP: work smarter, not harder with Medius Analytics Image

AP: work smarter, not harder with Medius Analytics

Use your accounts payable team's secret weapon (its own data) to boost operational efficiencies with Medius Analytics. Our deep-dive dashboards and reports help you increase cash flow visibility, better manage suppliers, drill into process bottlenecks and so much more.

AP: work smarter, not harder with Medius Analytics Image

You may also be interested in these resources

Drive Value in AP with Automation Card Image
 AP Automation - Recurring Invoices Feature Sheet Card Image
Why AP is a Fundamental Partner to Procurement Card Image

You may also be interested in these resources

Want to know more? Read our brochures

Medius AP Automation Product Guide Listing Image
Medius Spend Management overview Listing Image
Medius Accounts Payable Automation Product Sheet Listing Image

Want to know more? Read our brochures

What is accounts payable automation?

Accounts payable automation refers to the process of eliminating many of the manual aspects of accounts payable systems. It’s specifically useful in facilitating the automatic creation, review and approval of invoices digitally, rather than having to receive, scan and manage paper documents. With our accounts payable automation solution, AP processes can be streamlined and managed more efficiently to provide better visibility and control over an organization’s finances.

The main goal for AP automation software is efficiency – automating these processes allows for seamless and swift operation of the accounts payable department. By using automated software, you can move faster, reduce errors, and allow your company to scale quickly and easily. AP automation solutions minimize time consuming manual tasks, helping businesses that utilize it to save costs on resources.