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Medius

Brand: Medius

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Medius Software Overview

Medius Company Details

Founded Year:  2001

Medius is a provider of AP invoice automation solutions in the Cloud.

Director/Founders Mikael Svensson
Company Size 1-100 Employees

Medius Pricing & Plans

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Price Available on Request

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Medius Features

  • icon_check Accounts Payable Automation
    Automates invoice intake, matching, approvals, and posting to reduce manual work and speed up AP cycles.
  • icon_check Invoice Capture & OCR
    Uses AI-powered OCR to extract invoice data from PDFs, scans, and e-invoices with high accuracy.
  • icon_check Invoice Matching & Workflow
    Matches invoices with POs and receipts to detect discrepancies and ensure accurate, compliant payments.
  • icon_check Approval Workflow
    Configurable approval workflows route invoices to the right stakeholders based on rules and thresholds.
  • icon_check Supplier Portal
    Self-service portal for suppliers to submit invoices, track status, and reduce AP inquiry volume.
  • icon_check Payment Automation
    Streamlines supplier payments through secure, automated payment processing and scheduling.
  • icon_check Spend Management
    Provides real-time visibility and control over organizational spend across departments and categories.
  • icon_check Procurement Management
    Supports requisitions, purchasing, and supplier selection while enforcing purchasing policies.
  • icon_check Contract Management
    Centralized repository to manage supplier contracts, terms, renewals, and compliance tracking.
  • icon_check Expense Management
    Captures, categorizes, and approves employee expenses while enforcing company expense policies.
  • icon_check Supplier Communication Automation
    AI-driven responses handle common supplier queries about invoice and payment status automatically.
  • icon_check Fraud Detection
    Identifies anomalies, duplicate invoices, and risky transactions to help prevent AP fraud.
  • icon_check Analytics & Reporting
    Dashboards and reports provide insights into spend, cycle times, bottlenecks, and cash flow.
  • icon_check ERP Integration
    Integrates with major ERP systems to sync invoices, suppliers, GL codes, and payment data.
  • icon_check Audit & Compliance Management
    Maintains audit trails, approval history, and controls to support regulatory compliance.
  • icon_check Multi-Entity & Global Support
    Supports multiple business units, currencies, tax rules, and global AP operations.
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Medius Specifications

Supported Platforms
Windows Windows MacOS MacOS Linux Linux
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based
Suitable For
All Industries
Business Specific
All Businesses
Business Size
Small Business Startups Medium Business Enterprises
Customer Support
Email Communities
Language
English
Training Resources
Videos
AI Features
AI Integrated

Medius Review

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.