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What is X-CELERATE Invoice?

The Invoice solution utilizes Amazon Textract to significantly improve the speed and accuracy of processing invoices and reconciling accounts. Through the implementation of Adaptive Deep Learning models that enhance precision over time, this system seamlessly fits into various financial, ERP, and procurement workflows. The automation of invoice capture and the processing of free-form expense reports lead to faster payment cycles, while also reducing exceptions and overall costs. This advancement allows teams to break free from monotonous manual tasks, directing their efforts towards more strategic initiatives. The system also features automatic human-guided training during invoice review and correction, which further refines accuracy. With its low-code customization capabilities and role-based workflows, as well as its ability to integrate with current business systems, organizations can drastically reduce expenses tied to invoice management while boosting overall productivity. By adopting such innovative technology, companies not only optimize their operational processes but also create a more agile and effective financial landscape. This shift ultimately contributes to a stronger competitive edge in the market.

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.

Media

Media

Integrations Supported

Integrations Supported

Acumatica Cloud ERP
JD Edwards EnterpriseOne
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Dynamics GP
Microsoft Dynamics SL
NetSuite
Oracle PeopleSoft
Roghnu
SAP ERP
Sage Intacct
Store Enterprise
When I Work
Workday Extend
Workday Financial Management
Workday HCM

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

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

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Xoriant

Date Founded

1990

Company Location

United States

Company Website

www.xoriant.com/xcelerate/invoice

Company Facts

Organization Name

Medius

Date Founded

2001

Company Location

Sweden

Company Website

www.medius.com

Categories and Features

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

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