Medius
by Medius · Procurement & Sourcing
ERP-agnostic accounts payable and spend management with AI-driven invoice automation.
- Works with
- SAP S/4HANA, Oracle NetSuite, Oracle Fusion, Microsoft Dynamics 365 Business Central, Microsoft Dynamics 365 Finance & Operations, Oracle JD Edwards, Infor (M3, LN, Visual, CloudSuite Distribution, SyteLine), Sage X3 and Sage Intacct, Iptor ERP, Unit4, Yardi, Any system (custom), Any system (custom)
- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Quote-based subscription
- Founded
- 2001
- Headquarters
- Stockholm, Sweden (US HQ in Jacksonville, Florida)
Overview
Medius is a cloud-based spend management and accounts payable automation platform that sits on top of a company's existing ERP rather than replacing it. The suite spans the full purchase-to-pay cycle: sourcing and contract management upstream, procurement and requisition controls in the middle, and invoice capture, matching, approval, and payment automation downstream. AI is used to extract invoice data, code and route invoices, flag exceptions, and detect fraud and risk on transactions, with the stated goal of reaching a high touchless-processing rate where only exceptions need human review.
The platform is built to be ERP-agnostic. Medius maintains fully managed, pre-packaged connectors to leading ERPs (SAP, Oracle NetSuite, Oracle Fusion, Microsoft Dynamics, Infor, and others) so that master data and accounting data flow between the ERP and Medius without custom integration work. For systems without a packaged connector, Medius exposes a REST API and an iPaaS layer for custom and file-based integrations. This positioning makes it a common choice for finance teams that want modern AP and procurement workflows without migrating off their system of record.
Medius targets mid-market and enterprise finance, AP, and procurement teams across industries such as manufacturing, distribution, retail, construction, and food and beverage. The company reports thousands of customers across roughly 100 countries. Adjacent modules cover supplier onboarding and performance management, employee expense management with virtual and physical cards, and analytics dashboards for spend visibility. Buyers should note that pricing is quote-based and that the breadth of the suite means scoping and implementation typically run several weeks.
Screenshots & demo
Demo video from the vendor's YouTube channel. Screenshots sourced from Medius.
Features & capabilities
Accounts Payable Automation
AI-driven invoice processing from capture to posting.
- AI-powered invoice capture from paper, PDF, and supplier portals
- Automated invoice coding, matching, and routing
- Two- and three-way matching (invoice vs. PO vs. goods receipt)
- Exception-only routing for invoices that fail matching
- Touchless processing for compliant, matched invoices
- Statement reconciliation
- e-Invoicing and compliance handling
Procurement & Purchase-to-Pay
Upstream spend control and requisition-to-PO workflows.
- Structured purchase requisition submission
- Approval workflows based on value, category, and policy
- Automatic purchase order generation and supplier transmission
- Consumer-style guided buying / shopping experience
- Goods receipt verification with discrepancy flagging
- Spend compliance controls to reduce maverick spend
- Real-time budget visibility for cost owners
Sourcing & Contract Management
- eAuction and eTender sourcing events
- Supplier onboarding and master vendor data management
- Supplier performance measurement and collaboration
- Contract repository with renewal tracking
- Centralized control over supplier agreements
Payments & Fraud Control
- Payment automation across check, ACH, and card methods
- Virtual card payment options
- Enforced approval chains on payment runs
- Fraud and risk detection on transactions
- Unified payment workflow without switching banks
Expense Management
- Automated expense capture and categorization
- Policy enforcement and approval workflows
- Virtual and physical expense cards with spend limits
- Legal archiving of expense records
AI Assistance & Analytics
- Medius Copilot for AI-assisted approvals
- Generative-AI supplier conversations
- Real-time spend reporting dashboards
- Automation and processing analytics
- Audit-ready document archiving
Common use cases
- Automating high-volume invoice processing to reduce manual data entry
- Adding modern AP and procurement workflows without replacing the ERP
- Centralizing direct, indirect, AP, and expense spend in one view
- Detecting and preventing invoice and payment fraud
- Enforcing purchasing policy to curb maverick spend
- Running competitive sourcing events and managing supplier contracts
- Standardizing procure-to-pay across multiple ERP systems in a group
Strengths & considerations
Strengths
- ERP-agnostic design with fully managed, pre-packaged connectors to 100+ ERPs
- Certified integrations for SAP S/4HANA, NetSuite, and Microsoft Dynamics
- AI-driven invoice coding/matching aimed at high touchless rates
- Full source-to-pay breadth (sourcing, procurement, AP, payments, expenses) in one suite
- Built-in fraud and risk detection on every transaction
Considerations
- Pricing is quote-based with no public list price, complicating budgeting
- Suite breadth means implementation typically spans several weeks (vendor cites 8-12 weeks)
- Some users report performance issues during high invoice volumes
- Several ERP integrations are delivered via certified partners rather than Medius directly
- Oriented to mid-market and enterprise; likely heavier than small businesses need
ERP integrations
Handles complex multi-line and non-PO invoices
Delivered as SuiteApps for P2P, AP automation, and payments
Partner-certified integration via Columbus
Partner-certified integration
Documented REST API for full-scale custom integrations
Medius iPaaS for custom and file-based integrations
Pricing
Offered in Professional, Enterprise, and Premium packages that differ by included users, capabilities, and support; custom quotes for larger needs. No public list price. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- Microsoft Azure
- Data residency
- Europe, United States, Australia
- Compliance
- ISO 27001:2022, ISO 9001, SOC 1 Type 2, SOC 2 Type 2
About the vendor
- Founded
- 2001
- Headquarters
- Stockholm, Sweden (US HQ in Jacksonville, Florida)
- Ownership
- Majority-owned by Marlin Equity Partners; Advent International holds a minority stake
- Notable customers
- Marc Jacobs, LUSH, Milwaukee Tool, Reily Foods, Alltech, Camfil
Alternatives to Medius in Procurement & Sourcing
Medius — frequently asked questions
Does Medius replace my ERP?
No. Medius is designed to sit on top of an existing ERP and automate AP, procurement, and spend workflows. It uses pre-packaged connectors, a REST API, or its iPaaS to exchange master and accounting data with the ERP.
Which ERPs does Medius integrate with?
Medius offers fully managed connectors for SAP S/4HANA, Oracle NetSuite, Oracle Fusion, Oracle JD Edwards, Microsoft Dynamics 365, Infor, Sage, Unit4, Iptor, and Yardi, plus REST API and iPaaS options for other systems. Some integrations are delivered through certified partners.
How much does Medius cost?
Medius does not publish list pricing. It is sold as a quote-based subscription in Professional, Enterprise, and Premium tiers that vary by included users, capabilities, and support level.
Where is Medius data hosted?
Medius runs on Microsoft Azure. Customer data is stored in Europe, the US, or Australia based on the customer's primary location and is not transferred between regions.
What security certifications does Medius hold?
Medius maintains ISO 27001:2022, ISO 9001, SOC 1 Type 2, and SOC 2 Type 2, with documentation available through its trust center.
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