Medius
Medius Reviews
& Product DetailsWhat is Medius?
Medius is an innovative Accounts Payable (AP) automation and global payment software designed to streamline and automate the end-to-end AP processes. It offers intelligent solutions, including invoice automation, payment automation, fraud and risk detection, procurement, expense management, sourcing, and supplier onboarding.
Leveraging AI and machine learning, Medius transforms AP operations by capturing, processing, and paying invoices more efficiently, improving visibility into spend and cash flow, and enhancing control over the entire procurement process.
This comprehensive platform aims to elevate AP from a functional role to a strategic component of business success, ensuring businesses operate more efficiently while saving time and resources.
Found in these Categories
Best For
- StartUps
- Freelancers
- Small Business
- Medium Business
- Large Enterprise
- Non-profit Organization
- Personal
- Cloud, SaaS, Web-Based
- Mobile - Android
- Mobile - iPhone
- Mobile - iPad
- Desktop - Mac
- Desktop - Windows
- Desktop - Linux
- Desktop - Chromebook
- On-Premise - Windows
- On-Premise - Linux
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Company Name
Medius
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Located In
Sweden
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Website
medius.com
Starting from:
Custom
Pricing Model: Subscription
- Free Trial
- Free Version
Pricing Details:
Medius offers AP automation solutions through three packages: Professional, Enterprise, and Premium. The Professional package includes essential AP automation features and access for all employees with one standard and one power user. The Enterprise package expands on this, offering additional capabilities, 10 standard users, and two power users. The Premium package provides full platform access with unlimited standard users, five power users, and enhanced support options. Custom quotes are available for businesses with unique needs.
- ACH Payment Processing
- Activity Dashboard
- Approval Process Control
- Billing & Invoicing
- Compliance Management
- Electronic Payments
- ERP
- Expense Tracking
- Financial Management
- Fraud Detection
- Invoice Management
- Mobile Access
- Multi-Currency
- Purchasing & Receiving
- Workflow Management
- API
- Activity Tracking
- Aging Tracking
- Audit Management
- Bank Reconciliation
- Cash Management
- Check Writing
- Collaboration Tools
- Customizable Branding
- Customizable Fields
- Customizable Templates
- Data Extraction
- Data Import/Export
- Document Management
- Duplicate Payment Alert
- Electronic Funds Transfer
- Financial Analysis
- General Ledger
- Invoice History
- Invoice Processing
- PO Reconciliation
- Payment Processing
- Procurement Management
- Purchase Order Management
- Real Time Reporting
- Receipt Management
- Recurring Payments
- Reporting/Analytics
- Spend Management
- Status Tracking
- Third-Party Integrations
- Vendor Management
Additional Features
- Reminders
- Electronic Signature
- Self Service Portal
- Contract Drafting
- Quotes/Estimates
- Spend Control
- Alerts/Notifications
- Contract Lifecycle Management
- Specialty Contracts
- Auction Management
- Access Controls/Permissions
- Task Management
- Audit Trail
- Supplier Risk Management
- Configurable Workflow
- Spend Analysis
- Supplier Qualification
- Rfx Management
- Completion Tracking
- Supplier Web Portal
- Cataloging/Categorization
- Supplier Management
- Team Collaboration
- Reporting & Statistics
- Real-Time Notifications
- Digital Signature
- Search/Filter
- Accounting Integration
- Template Management
- Pre-built Templates
- Risk Assessment
- Supply Chain Management
- Buy Side (Suppliers)
- Project Management
- Version Control
- Requisition Management
- Document Storage
- Full Text Search
- RFP Creation
- Drag & Drop
- Global Sourcing Management
- Customizable Reports
- Real Time Data
- Government Contracts
- Bid Management
- Performance Management
- Accounting
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Ease of Use
Many users highlighted MediusFlow’s intuitive user interface and ease of navigation, making it an attractive choice over competitors.
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Integration and Implementation
The software provides a comprehensive integration plan from day one, which has been praised for its effectiveness in streamlining operations.
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Customer Support
Customer service is consistently noted as responsive and helpful, with onboarding specialists being particularly commended for their professionalism and knowledge.
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Remote Payment Processing
The ability to process payments remotely was a significant benefit for many, particularly highlighted during the COVID-19 pandemic.
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Security Features
Users appreciated the dual authentication for added security during payment processing.
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Initial Setup
Some feedback suggests that the initial setup of user and authority groups could be streamlined by utilizing upload templates during implementation.
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High-Volume Payment Processing
There were reports of the software struggling with large volumes of payments, causing significant delays and operational issues.
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Specific Functionality Concerns
A few users expressed concerns over certain functionalities, such as the use of customer zip codes as passwords, which raised security concerns.
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Software Basicness
While its simplicity was appreciated, some users felt that the software they used was very basic, indicating a desire for more advanced features.
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Technical Issues
Instances of the software freezing or logging out users during payment runs were reported, which impacted the overall efficiency.
Disclaimer
Here at Tekpon's Global Buzz, we blend AI smarts with a human touch to offer a snapshot of user reviews from the web. While we carefully craft these summaries, please remember they reflect diverse user views and experiences, not Tekpon’s own opinions.
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