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What is Medius?

Simplicity should remain straightforward. Medius transforms accounts payable into an autonomic function by leveraging intelligent technology to completely redefine how invoices are processed within your organization. This innovative approach demands no manual intervention and progressively enhances its efficiency at every stage. The Medius Accounts Payable suite streamlines the entire source-to-pay journey, allowing you to automate and simplify your AP processes effortlessly. Key functions such as manual invoice matching, data entry, reconciliation, processing, and the elimination of paper documentation are all taken care of. You will consistently maintain full visibility over your invoices, expenditures, and cash flow, ensuring that your financial closing occurs promptly. By optimizing your company's payment procedures, you can decrease complexity, mitigate fraud risks, and achieve cost savings. Additionally, Medius Pay automates supplier payments, removing the need for manual tasks like check processing and promoting automated workflows. Equip your procurement team with the necessary tools to effectively combat maverick spending, leading to better financial management overall. Embracing this technology not only enhances efficiency but also drives your organization towards a more streamlined financial future.

What is ISPnext?

ISPnext enables Procurement and Finance teams to manage the complete Source-to-Pay journey through one modular platform. From selecting and managing suppliers to contracts, purchasing, invoice processing and spend analysis, ISPnext connects essential processes and data in a single environment. The platform includes Sourcing, Vendor Management, Contract Management, Procurement, AP Automation, Spend Analytics and Procurement Value Management. Each solution can be implemented individually or combined to match an organisation’s needs and technology landscape. With centralised data and connected workflows, ISPnext helps organisations increase transparency, automate manual processes and gain greater control over spend, suppliers and financial obligations. Integration with existing ERP environments allows teams to improve their Source-to-Pay processes without replacing their core systems.

Media

Media

Integrations Supported

JD Edwards EnterpriseOne
Microsoft Dynamics 365 Business Central
Acumatica Cloud ERP
Microsoft Dynamics 365
Microsoft Dynamics GP
Microsoft Dynamics SL
NetSuite
Oracle PeopleSoft
When I Work
Workday Financial Management
Workday HCM

Integrations Supported

JD Edwards EnterpriseOne
Microsoft Dynamics 365 Business Central
Exact Globe+
Exact Online
Infor LN
Infor M3
Infor SyteLine
Microsoft Dynamics 365 Finance
SAP ECC
SAP HANA
Sage 200

API Availability

Has API

API Availability

Has API

Pricing Information

Tiered subscription pricing based on invoice and payment volume.
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Medius

Date Founded

2001

Company Location

Sweden

Company Website

www.medius.com

Company Facts

Organization Name

ISPnext

Date Founded

2000

Company Location

Netherlands

Company Website

www.ispnext.com/en/

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

AP Automation

Not specified

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing

Contract Management

Not specified

E-Invoicing

Not specified

Payment Processing

ACH Check Transactions
Debit Card Support
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Procure to Pay

Not specified

Procurement

Not specified

Sourcing

Not specified

Tender Management

Not specified

Categories and Features

AP Automation

Not specified

Contract Management

Buy Side (Suppliers)
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Pre-built Templates
Workflow Management

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Integration Management
Vendor Management

Procurement

Budget Management
Catalog Management
Contract Management
Invoice Processing
PunchOut
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Risk Management

Alerts/Notifications
Dashboard
Risk Assessment

Spend Management

Budgeting / Forecasting
Procurement Management
Spend Analysis
Spend Control
Supplier Management

Vendor Management

Audit Management
Contact Management
Self Service Portal
Supplier Master Data
Vendor Maintained Profiles
Vendor Performance Rating
Vendor Qualification Tracking

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