Logo of Medius

Medius

Website LinkedIn

Last updated on

Company health

Employee growth
17% increase in the last year
Web traffic
33% increase in the last quarter

Ratings

G2
4.4/5
(69)
Glassdoor
4.3/5
(8)

Medius description

Medius is a suite of software designed to automate and improve how companies handle spending and invoices. It offers modules for tasks like managing suppliers, tracking contracts, and processing payments. This helps businesses save time and money by eliminating manual work and gaining control over their finances. Medius is a good fit for mid-sized companies in any industry looking for a single system to manage their spending and supplier relationships.


Who is Medius best for

We find that Medius is a great choice for companies that want to bring all their spending and invoice processes into one place. Many users highlight the user-friendly interface and seamless integration with systems like D365. We've heard from our users that the automation of invoice processing significantly reduces the amount of manual work.

  • We find Medius is a particularly strong fit for mid-sized companies (101-1,000 employees) seeking to streamline their AP processes.

  • In our experience, Medius is well-suited for companies in the finance, banking, and insurance industries looking to optimize their spending and invoicing.


Medius features

Supported

Autonomous Invoice Processing: Automates invoice data capture, matching with supporting documents, and approval for payment without user intervention.

Supported

Global Payments: Enables businesses to make payments to suppliers globally in their preferred currency and payment method.

Supported

Cash Flow Visibility: Provides real-time visibility into cash flow by tracking invoices, payments, and approvals.

Supported

Fraud and Risk Detection: Reduces the risk of fraud and errors by using AI and machine learning to detect anomalies in invoices and payments.

Supported

Supplier Onboarding: Simplifies and automates the supplier onboarding process, reducing manual effort and improving efficiency.

Supported

Automated Payment Processing: Automates payment processing, reducing manual effort and ensuring timely payments.

Supported

Supplier Conversations: A centralized hub for communication between buyers and suppliers, facilitating efficient collaboration and issue resolution.


Medius reviews

We've summarised 69 Medius reviews (Medius G2 reviews) and summarised the main points below.

Pros of Medius
  • User-friendly interface for invoice processing and approvals.
  • Seamless integration with D365.
  • Effective automation of invoice processing, reducing manual work.
  • Mobile accessibility for approvals enhances response times.
  • Robust reporting capabilities offer valuable insights.
Cons of Medius
  • Difficulty customizing certain features, especially on the administration side.
  • Invoice tagging limitations: Inability for a tagged manager to directly open the invoice link from email.
  • Goods receipts don't always automatically sync, requiring manual refreshes or support tickets.
  • Slow invoice processing and workflow execution times.
  • Reporting functionality, while powerful, can be overly technical and not user-friendly.

Medius pricing

The commentary is based on 6 reviews from Medius G2 reviews.

We find that Medius's pricing model is generally well-received, especially considering the time and cost savings it delivers. However, some users mention additional costs for bug fixes and customization upgrades, which could be a factor for some budgets.

See the Medius pricing page.


Medius alternatives

  • Logo of Procure Ai
    Procure Ai
    AI-powered procurement insights for smarter spending decisions.
    Read more
  • Logo of Cherrywork® Accounts Payable Automation
    Cherrywork® Accounts Payable Automation
    Automates invoice processing, boosts efficiency, and cuts AP costs.
    Read more
  • Logo of Vroozi
    Vroozi
    Streamlines purchasing, automates approvals, and connects you with suppliers.
    Read more
  • Logo of Simfoni
    Simfoni
    AI-powered spend management finds savings and streamlines purchasing.
    Read more
  • Logo of Pivot
    Pivot
    Effortless purchasing, from finding vendors to paying bills.
    Read more
  • Logo of Basware
    Basware
    Streamlines purchasing, automates invoices, and controls spending.
    Read more

Medius FAQ

  • What is Medius and what does Medius do?

    Medius is a software suite automating business spending and invoice management. We find that it offers modules for supplier management, contract tracking, and payment processing, helping mid-sized companies save time and money by streamlining financial operations.

  • How does Medius integrate with other tools?

    Medius seamlessly integrates with Dynamics 365, simplifying financial processes for users. We find that information on other integrations is limited, suggesting a primary focus on the Microsoft ecosystem. For integrations beyond D365, contacting Medius directly is recommended.

  • What the main competitors of Medius?

    We find Medius competes with solutions like Procure Ai, Cherrywork, Vroozi, Simfoni, Pivot, and Basware. These alternatives offer similar functionalities in spend management, AP automation, and procurement streamlining.

  • Is Medius legit?

    We find Medius to be a legitimate and helpful tool. It earns a solid 4.4/5 from G2 reviews, and boasts positive website and employee growth. We believe it's safe and effective for businesses seeking streamlined spending and invoice management.

  • How much does Medius cost?

    I'm sorry, but pricing information for Medius is not available at this time. For the most current pricing details, we recommend visiting the vendor's website directly.

  • Is Medius customer service good?

    We find that Medius customer service is generally viewed positively. Users appreciate the friendly and knowledgeable support team, especially during implementation. However, some have experienced slow response times or incomplete information regarding ongoing issues.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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