Medius
4.2
83

Not Claimed

Medius offers a modular suite of solutions for spend management, including AP automation, procurement, sourcing, contract and supplier management, and analytics. Their products automate manual tasks, accelerate invoice processing, and provide insightful analytics for improvements. Rapid implementation and easy-to-use solutions ensure fast speed-to-value.
Developer
Medius
Category
ERP
HQ Location
Linköping
Year Founded
2001
Number of Employees
575
Strengths
  • Automation

    Automates accounts payable processes

  • Integration

    Integrates with ERP systems

  • Visibility

    Provides real-time visibility into AP processes

Weaknesses
  • Cost

    Can be expensive for small businesses

  • Complexity

    Can be complex to set up and use

  • Customization

    Limited customization options

Opportunities
  • Growing demand for AP automation solutions
  • Opportunities to expand into new markets
  • Opportunities to form partnerships with other software providers
Threats
  • Competitive market with many other AP automation solutions
  • Changes in regulations could impact the AP automation market
  • Economic downturns could impact demand for AP automation solutions

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Review Distribution

  • 👍
    High - rated users

    Electronic Invoice Workflow/Approvals Easier Coding Mobile Capabilities (No app necessary) Visibility throughout every step of the invoice process Comment threads for each individual invoice (No more email chains) Centralized invoicing (All invoices will be sent to one location/email) Quicker visibility of expenses (Once an invoice is received, the information is immediately available).MediusFlow could improve the initial user and authority group setup by using upload templates during implementation.

  • 👎
    Low - rated users

    The training in the beginning was great, and the software is easy to navigate. The website is also very secure with dual authentication.As much as we were told otherwise, the software does not work well for large volumes of payments. Just this past week, it took OnPay 5 hours to successfully process 4 payment files (a total of 7500 payments). The system froze, logged us out, and was generally terribly slow.

Media

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Medius Plan

Medius offers three versions of its software with different pricing tiers based on the number of users and features.
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