Medius
by Medius · AP Automation
AI accounts payable automation for invoice capture, matching and payments.
- Works with
- SAP, Oracle, Microsoft Dynamics 365, NetSuite, Infor
- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Quote-based
- Founded
- 2001
- Headquarters
- Stockholm, Sweden
Overview
Medius is a cloud accounts payable and spend management platform aimed at mid-market and enterprise finance teams. It automates the full invoice lifecycle, from AI-based capture and touchless processing through approval, PO and receipt matching, and payment, and emphasizes ERP-agnostic deployment with out-of-the-box connectivity to a wide range of systems. Medius highlights fraud and risk detection as a core capability, applying analytics to flag suspicious invoices and payments.
The platform spans modules including invoice automation, AI-assisted approvals, payments, e-invoicing and compliance, supplier conversations, statement reconciliation, procurement, and analytics. It is positioned for organizations processing high invoice volumes across multiple entities and ERPs that want a single AP layer rather than ERP-native AP.
Medius is headquartered in Stockholm, Sweden, with offices across Europe, North America, and Australia. It has been backed by private equity, and reports thousands of customers and hundreds of thousands of users processing very large annual transaction volumes.
Screenshots & demo
Demo video from the vendor's YouTube channel. Screenshots sourced from Medius.
Features & capabilities
Invoice Capture
AI-based extraction and touchless invoice processing.
- AI/OCR data capture
- Touchless invoice processing
- Header and line-level extraction
- Multiple intake formats including e-invoices
- Duplicate detection
Invoice Automation & Matching
Automated coding, routing, and matching.
- AI-assisted approvals
- Automated coding and routing
- 2-way and 3-way PO matching
- Receipt matching
- Exception handling workflows
Fraud & Risk Detection
Analytics to identify suspicious activity.
- Invoice and payment fraud detection
- Anomaly and duplicate analytics
- Risk scoring
- Segregation-of-duties controls
Payments
Outbound supplier payment execution.
- Medius Pay payment automation
- Domestic and cross-border payments
- Virtual card payments
- Payment reconciliation
E-Invoicing & Compliance
Compliant electronic invoice exchange.
- E-invoicing support
- Country compliance handling
- Statement reconciliation
- Supplier conversations / collaboration portal
Analytics & Integration
Reporting and ERP connectivity.
- AP analytics and dashboards
- 100+ out-of-the-box ERP connectors
- Multi-entity and multi-ERP support
- API access
Common use cases
- Enterprises running multiple ERPs that want a single AP automation layer
- Finance teams processing high invoice volumes across many entities
- Organizations prioritizing fraud and risk detection on invoices and payments
- Companies moving from ERP-native AP to a dedicated touchless processing platform
- Businesses needing e-invoicing and country compliance alongside AP
- Shared service centers consolidating invoice processing
Strengths & considerations
Strengths
- Strong fraud and risk detection built into the AP workflow
- ERP-agnostic design with 100+ out-of-the-box connectors
- Broad module set spanning capture, matching, payments, and e-invoicing
Considerations
- Oriented to mid-market and enterprise rather than very small businesses
- Pricing is quote-based and implementation can be more involved at enterprise scale
ERP integrations
Pricing
Pricing scales with invoice volume, modules, entities, and ERP connections. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS (multi-tenant)
- Data residency
- US, EU
- Compliance
- SOC 2, ISO 27001
- Mobile app
- Yes
- Languages
- English, Swedish, French, German
About the vendor
- Founded
- 2001
- Headquarters
- Stockholm, Sweden
- Employees
- ~350-500
- Ownership
- Private equity
Alternatives to Medius in AP Automation
Medius — frequently asked questions
Is Medius tied to a specific ERP?
No. Medius is ERP-agnostic and connects out of the box to 100+ ERPs including SAP, Oracle, Microsoft Dynamics, NetSuite, and Infor.
What is distinctive about Medius?
It places strong emphasis on fraud and risk detection within the AP process, applying analytics to flag suspicious invoices and payments alongside touchless processing.
Does Medius handle payments?
Yes, via Medius Pay, which supports domestic and cross-border supplier payments including virtual cards, with reconciliation back to the ERP.
Who is Medius best suited for?
Mid-market and enterprise finance teams processing high invoice volumes, often across multiple entities and ERPs.
Evaluating AP Automation?
Tell us your ERP and requirements and we'll send an independent shortlist — including Medius and the best-fit alternatives — with honest pros and cons.