Last Updated
Overview
Medius provides AI-powered accounts payable automation that enhances cash flow visibility and accuracy. It eliminates paper invoices and manual matching, accelerating closings and reducing errors. While multi-entity setups require configuration, its fraud detection and analytics offer strong controls, making Medius a dependable solution for efficient spend management.
Overall Rating
Based on 14 users reviews
4.2
Rating Distribution
Positive
79%
Neutral
21%
Negative
0%
Starting Price
Custom
Medius Specifications
- Financial Reporting
- Invoice Management
- Expense Tracking
- Tax Management
What Is Medius?
Medius is a cloud-based spend management platform that handles source-to-pay processes with AI technology. It automatically captures invoices to reduce data entry errors and speed up processing times. The system matches documents across purchase orders for precise validation, eliminating the need for manual checks. Companies gain real-time insights into liabilities, helping them to maintain accurate books and make informed budgeting decisions.
Medius Pricing
Medius offers subscription packages with pricing customized by entity count and selected applications. These plans are as follows:
- Medius AP Essentials
- Medius AP 360
Disclaimer: The pricing is subject to change.
Medius Integrations
The software supports integration with multiple systems and platforms, such as:
- Microsoft Dynamics SL
- Oracle NetSuite
- Infor M3
- Iptor
Who Is Medius For?
Medius software is ideal for a wide range of industries and sectors, including:
- Manufacturing
- Healthcare
- Construction
- Automotive
Is Medius Right For You?
Looking for AI-driven accounts payable automation to reduce manual invoice work? Medius streamlines approvals and prevents payment errors with touchless processing. It ensures GDPR-compliant data privacy and secure handling while scaling with growing businesses. Trusted by Puma, Nissan, and Lush, Medius is recognized as an Ardent Partners Market Leader and Spend Matters Value Leader.
Still not sure if Medius is right for you? Contact our customer support team at (661) 384-7070, who will help you make the best decision.
Medius Features
AP Automation
Medius software captures invoices from email or portals and extracts data using AI for coding. It matches invoices against orders and receipts for accuracy before routing. This reduces processing time and prevents overpayments, enabling quick month-end closes and improved cash planning.
Statement Reconciliation
The platform compares supplier statements to recorded invoices via machine learning algorithms. It flags discrepancies, such as missing documents or amount differences, instantly. Teams resolve issues more efficiently without spreadsheets, thereby maintaining supplier trust and avoiding duplicate or late fees.
Payment Automation
Medius features scheduled payments through integrated banks with approval workflows. It generates files for upload and tracks statuses in a single dashboard. This method reduces fraud exposure and manual efforts, ensuring timely supplier payouts and stable working capital.
Fraud And Risk Detection
AI monitors transactions for policy violations or unusual patterns across the pay cycle. It scores risks and alerts users to suspicious invoices before they are approved. Continuous learning refines detection, protecting funds and providing audit trails for compliance reviews.
Analytics
Medius compiles spend data into customizable dashboards with drill-down reports. Users can filter by category or period to spot trends in real-time. These visuals guide cost-saving decisions and forecast needs, supporting strategic financial planning.
Pros And Cons of Medius
Pros
Matches statements without using spreadsheets
Schedules payments in batches
Replies to vendors automatically
Cons
Custom report fields are limited
Requires policy rules definition
Medius Reviews
Total 14 reviews
4.2
All reviews are from verified customers
Rating Distribution
5
Stars50%
4
Stars29%
3
Stars14%
2
Stars7%
1
Stars0%
Share your experience
Insurance, 101-500 employees
More than a year
“Fast and simple sharing”
Pros
The platform is simple to operate, very fast and makes sharing details with colleagues and people outside the company incredibly simple.
Cons
Doesn't always cooperate with every Microsoft patch. I also wish there was a larger library of how-to guides for users.
Rating Distribution
Ease of use
8
Value for money
10
Customer Support
8
Functionality
7
Apparel & Fashion, 1-10 employees
Free trial
“very expensive”
Pros
What stood out to me was how much you can adjust and personalize the system to fit your needs.
Cons
Cost was significantly higher than other similar options on the market.
Rating Distribution
Ease of use
9
Value for money
2
Customer Support
7
Functionality
9
Construction, 101-500 employees
Less than a year
“Fast workflow”
Pros
Love the speed of the workflow and how you can send bills directly to the right department or individual for their authorization.
Cons
Alert system could be more reliable and simpler to configure.
Rating Distribution
Ease of use
9
Value for money
10
Customer Support
9
Functionality
9
Frequently Asked Questions
Who are the typical users of Medius?
Medius is suitable for a wide range of industries, particularly in retail and manufacturing.
What level of support does Medius offer?
Medius provides support through the ticketing system.
Does Medius offer an API?
Yes, Medius provides a REST API.
What other apps does Medius integrate with?
Medius supports integration with multiple software, including Microsoft Dynamics, Iptor, and Oracle NetSuite.
Does Medius have a mobile app?
No, Medius does not have a standalone mobile app.
What types of pricing plans does Medius offer?
Medius price is customized, depending on packages and entities. Get a tailored quote on Medius cost.
What language does Medius support?
Medius supports multiple languages, including English, French, and Dutch.