# Medius **Source:** https://geo.sig.ai/brands/medius **Vertical:** Finance & Accounting Software **Subcategory:** Accounts Payable & Supplier Payments **Tier:** Leader **Website:** medius.com **Last Updated:** 2026-04-14 ## Summary Medius (PE-backed, Stockholm) delivers AI-powered AP automation and spend analytics for mid-market and enterprise across North America, Europe, and Australia with touchless processing. ## Company Overview Medius is an accounts payable automation and spend management company that provides AI-powered invoice processing, approval workflow, and spend analytics for mid-market and enterprise organizations. Headquartered in Stockholm, Sweden, Medius is backed by private equity and has grown through organic development and acquisitions to serve customers across North America, Europe, and Australia. The company's platform applies machine learning to automate invoice capture, data extraction, coding, and matching, with the stated goal of enabling touchless invoice processing — handling invoices from receipt to payment without human intervention — at rates that reduce AP team workload significantly.\n\nMedius's platform covers the full source-to-pay lifecycle including supplier management, purchase order management, three-way matching, invoice workflow, and payment, with spend analytics dashboards that give procurement and finance leaders visibility into total spend by supplier, category, cost center, and geography. The platform's AI learns continuously from an organization's approval patterns and coding history to improve automation rates over time, typically achieving touchless processing rates of 80 percent or higher at mature customer deployments. Medius integrates with major ERP systems including SAP, Microsoft Dynamics, Infor, and IFS.\n\nMedius has a particularly strong market position in the Scandinavian and broader European enterprise market, where it competes with Basware, Tradeshift, and Coupa, as well as with North American AP automation vendors including Tipalti and Stampli. Its focus on high automation rates, deep ERP integration, and the full source-to-pay scope differentiates it from point-solution AP tools and positions it as a serious enterprise competitor in the European and global market. ## Frequently Asked Questions ### What does Medius mean by touchless invoice processing? Touchless processing refers to invoices that are automatically captured, coded, matched to purchase orders, routed for approval, and posted to the ERP without requiring any manual human intervention, with Medius typically achieving touchless rates of 80 percent or higher at mature customer deployments. ### What is the scope of Medius's source-to-pay platform? Medius covers supplier onboarding and management, purchase requisition and order management, invoice capture and processing, three-way matching, approval workflows, payment processing, and spend analytics, providing a comprehensive source-to-pay platform rather than a narrow AP automation point solution. ### Which ERP systems does Medius integrate with? Medius provides deep integration with SAP, Microsoft Dynamics 365, Infor M3, IFS, and other major ERP platforms common in European manufacturing and distribution businesses, with pre-built connectors designed to minimize implementation effort and maintain bidirectional data sync. ### How does Medius use AI to automate invoice processing? Medius uses AI and machine learning to extract data from invoices in any format — PDF, email, EDI, paper — and automatically code them to the correct GL accounts, cost centers, and purchase orders. The AI learns from historical coding patterns for each supplier and company, improving straight-through processing rates over time with minimal human training effort. ### Does Medius handle both PO-backed and non-PO invoices? Yes. Medius processes purchase order invoices through automated three-way matching and handles non-PO invoices through configurable approval workflows. Non-PO invoices are routed to the appropriate approvers based on amount thresholds, department, and GL coding, ensuring all invoices go through proper authorization regardless of whether a PO exists. ### What ERP systems does Medius integrate with? Medius integrates with major ERP systems including SAP, Microsoft Dynamics, Oracle, and others. The AP automation layer sits between supplier invoice delivery and ERP posting, so approved invoices flow automatically into the ERP for payment without requiring AP staff to manually enter data into the ERP. ### What size companies does Medius serve? Medius primarily serves mid-market and enterprise companies with annual revenues from $50M to several billion dollars. The platform is designed for AP departments processing thousands to hundreds of thousands of invoices per year, where automation ROI is significant compared to the cost of the software. ### Does Medius support supplier self-service and invoice submission? Yes. Medius provides a supplier portal where vendors can submit invoices electronically, check payment status, and update their banking details without contacting the customer's AP team. This reduces supplier inquiries and payment disputes while giving suppliers greater visibility into their accounts receivable position. ## Tags fintech, saas, enterprise, automation, cloud-native, platform, analytics, b2b --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*