Choose another country to see content specific to your location Continue

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 predictive 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 mouse click

Medius AP Automation features

Single user experience for capturing and processing payments Image

Single user experience for capturing and processing payments

Eliminate logging into multiple systems for capturing and processing invoices. With Medius AP Automation, 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 payments Image
Predictive coding powered by AI and machine learning Image

Predictive coding powered by AI and machine learning

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

Intelligent invoice scanning and touchless data capture Image

Intelligent invoice scanning and touchless data capture

Our state-of-the-art data capture software expertly pinpoints and extracts invoice data automatically. It's managed by our innovative 'touchless capture technology' - clever AI that saves you time doing manual tasks. Original invoices are then automatically archived in Medius AP Automation for you to audit whenever you need them.

Intelligent invoice scanning 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 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.

Integrate Medius AP Automation with your back-office

 Image

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

  • Implement any Medius solution, including AP Automation, and then set up connectivity with your ERP or back-office system
  • Manage a stable integration with your ERP, using pre-built connectors
  • Monitor connectivity between Medius solutions and other software
 Image

Join these organizations who depend on Medius to spend smart

Ceva Logistics Logo
Reily Foods Logo
Silver Eagle Logo
Marc Jacobs Logo
Total Wine Logo
Lush Logo
Puma Logo
Polaris Logo

Join these organizations who depend on Medius to spend smart

What is accounts payable automation?

Accounts payable automation refers to the process of eliminating many of the manual aspects of accounts payable operations. It’s specifically useful in facilitating the automatic submittal and approval of purchase orders and invoices digitally, rather than having to receive and manage paper copies. With AP automation, accounts payable processes can be streamlined and strengthened to provide better visibility and control over important financial data.

The main goal for AP automation 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 software minimizes time consuming manual tasks, helping businesses that utilize it to save costs on resources.

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 an automated system 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

Accounts payable work tend to be slow and repetitive. However, checking order forms and entering data is done instantly without manual labor, 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 dashboards and reports help you increase cash flow visibility, better manage suppliers, spot 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