Quotes

As well as reinforcing its leadership position in AP automation, Medius has built significant momentum in the wider spend management category in recent years powered by product innovation and strategic acquisitions. Jeff’s breadth of expertise across business accounting, ERP, CRM and e-commerce will be critical as we expand Medius’s enhanced service offering across our growing customer base.
Jim Lucier, CEO of Medius
The market for Medius’s products and services is growing as pressure on companies to gain better visibility of and control over all aspects of spend intensifies. The vision that Jim, the management team and the board have for the future of the company has the potential to transform the sector and I am looking forward to being part of the leadership group that executes against it.
Jeff Swan, Global CRO of Medius
Swan’s deep understanding of the US market and strong network in the West Coast tech sector will be a major asset as we pursue an aggressive growth strategy here in North America.
Jim Lucier, CEO of Medius
Our customers hate having disparate AP systems. It makes their daily lives more complicated, busier and unnecessarily complex. Enzo Unified’s cost-effective platform has hundreds of existing adaptors to make integration between these systems much easier – and they can create a new one in a matter of days if needed.
Josh Torres, Director of Partnerships at Medius
The partnership with Medius represents a powerful integration of cloud technology and AP automation to drive efficiencies and lower costs.
Herve Roggero, Chief Business Kahuna, Enzo Unified
The Medius AP Automation solution is easy to work with and offers tremendous time to value, making it ideal for companies of all sizes that wish to quickly gain new operational efficiencies. Through the power of the Enzo platform, we can help them rapidly accomplish their goals regardless of their backend systems.
Herve Roggero, Chief Business Kahuna, Enzo Unified
Medius was the most sensible solution for J.J. Taylor. Its trust in standardized technologies like REST APIs and their willingness to work with integration partners like ENZO, meant that we could turn Medius into the enablement platform we were hoping to get. We are able to handle more invoices efficiently, creating all around satisfaction for our employees and suppliers.
Andrew Timmons, Business Systems Analyst at J.J. Taylor
Extending our strategic partnership with Enzo means we can continue to simplify digital transformation for more customers that use the Medius Spend Management suite.
Josh Torres, Director of Partnerships at Medius
We’re delighted to have been recognized in Gartner Critical Capabilities for Procure-to-Pay Suites report. Our extensive background in AP Automation and our comprehensive spend management suite is shining through. Being recognized in the report, in our opinion, shows that our customer-centric strategy to build solutions from the ground up with modern technology is working.
Jim Lucier, CEO at Medius
Medius also offers a flexible cloud integration platform to simplify and fully manage integrations, with many deployments handled completely remotely.
Micky Keck, Director Research Analyst Procurement Applications
Our analysis shows that invoice approvals leap in on the first few working days of the year. In fact, in 2020 the average business was approving more than double the number of invoices compared to a normal day. Our data shows each company approved more than 200 invoices on January 7 2020, that’s nearly 30 every hour. Based on the last four years of historical data, we’re predicting Tuesday January 4 will be the crunch day for approvers this New Year.
David Taylor, Data Analyst at Medius
There will be no easing into 2022 for finance teams. The extra demand for approvals at the start of the year is clearly an issue from the festive period and end of December rush. But overworked approvers are more likely to miss fraud or make avoidable human errors which are costly in the long run. Rather than demanding more from employees, businesses should be looking at ways to dramatically reduce the invoice approval time. AI and ML can automate much of the invoicing process, reduce risk, and relieve the burden on finance teams.
Jim Lucier, CEO of Medius
Our customers mean the world to us, and knowing that Medius scored in the highest group for customer scores on IDC’s SaasPath survey fuels our drive to deliver even greater value to our customers.
Mattias Johansson, SVP of Medius Customer Success
Medius extensively reviews findings from customer surveys and direct customer feedback. We get continuous information that helps us evolve and innovate for our and our customers’ success.
Mattias Johansson, SVP of Medius Customer Success
We analyzed customer satisfaction scores from senior leaders on more than 30 metrics and Medius scored very highly among its peers. The company’s robust data security, ease of implementation, and value for money were all strong points noted by Medius customers.
Eric Newmark, Group Vice President – SaaS, Enterprise Apps, Industry Cloud, and Digital Commerce at IDC
We’re pleased to be recognized as a Visionary in the Gartner® Magic Quadrant™ for Procure-to-Pay Suites for the second time. We consider it’s a testament to our class-leading product development process, guided by customer feedback.
Jim Lucier, Medius CEO
Our extensive background in AP Automation and our comprehensive spend management suite give our customers the confidence that they have complete control of cost, cash, and compliance throughout the entire procure-to-pay lifecycle.
Jim Lucier, Medius CEO
We’ll continue to focus on rapidly developing and deploying innovative products releases to increase that confidence, especially during the uncertain times Covid-19 has brought for businesses.
Jim Lucier, Medius CEO
Customers trust us to help them reduce fraud and improve their business spend management processes.
Branden Jenkins, Chief Strategy Officer at Medius
Customer feedback has helped shift our focus to several areas of investment on the horizon that will help reduce risk and give customers even more insights to categories of spend.
Branden Jenkins, Chief Strategy Officer at Medius
Game-changing efficiencies are vital in today’s market, keep an eye on how Medius continues to innovate. Now, in our 20th year of business, the future of Medius is looking brighter than ever.
Branden Jenkins, Chief Strategy Officer at Medius
Medius highlighted the difference between an out-of-the-box and customized solution. The role configuration options in Medius, such as delegation of authority, were advantageous and simple.
Michael Gowing, Head of FP&A at TOGA Group
Medius changed our thinking in the finance team about the power of the cloud. There are numerous, functional benefits of being on the latest version and we’ll never go back to being on-premises again. Medius being cloud based was definitely a consideration in our decision-making process.
Michael Gowing, Head of FP&A at TOGA Group
Witnessing the benefits that companies such as TOGA experience with our solutions is rewarding. TOGA processes 260,000 invoices annually and to see them reduce costs of processing said invoices by 30% is a huge win.
Henrik Rosén, Head of R&D at Medius
Medius has a global presence and support system which allowed us to easily deploy into Europe after a successful implementation in Australia and New Zealand.
Shane Martin, Chief Information Officer at TOGA Group
Medius has an impressive technology roadmap and we’re looking at using Medius in the future to turn our AP and Procurement function into a profit centre.
Michael Gowing, Head of FP&A at TOGA Group
It has been a privilege to lead Medius the last seven years. After significant reflection, I concluded that the time is right for someone else to lead Medius on the next phase of its growth journey.
Per Åkerberg, Previous Medius CEO
Jim is the right leader for the next stage of growth for Medius given his experience leading global software organizations coupled with his strong understanding of the category. I look forward to seeing the company continue to evolve and grow under his leadership.
Per Åkerberg, Previous Medius CEO
Customers are under increasing pressures to optimize company spend across all sources and categories as they respond to the demands of an ever-changing digital and global economy. Medius addresses these pressing customer challenges, and we have the opportunity to build Medius into the leading global provider of spend management solutions. It’s an exciting opportunity to lead this next phase of growth. I want to personally thank Per for all he’s done to set Medius up for continued global success.
Jim Lucier, New Medius CEO
Kim is a highly-experienced, talented, strong business leader with a proven track record of building brands. With her extensive marketing experience, we're confident that she will help propel Medius to the next level.
Per Åkerberg, Previous Medius CEO
Branden joining as CSO is perfect timing since we’re accelerating our growth as a leader of spend management solutions for midsized enterprises across the globe.
Per Åkerberg, Medius CEO
Branden brings tremendous experience in go-to-market, ecosystem development, and category design. He will be instrumental in our build-buy-partner strategies and verticalization as we accelerate across all fronts.
Per Åkerberg, Medius CEO
Customers are moving beyond traditional ERP and financial management software, which is riddled with burdensome processes and workflows, preferring in its place robust automated solutions such as Medius.
Branden Jenkins, Medius CSO
Medius is perfectly positioned to own the global spend management solutions category for midsized enterprises, and I am delighted to lead the way as the new Chief Strategy Officer.
Branden Jenkins, Medius CSO
Touchless invoice processing eliminates errors and inconsistencies, helping to improve an organization’s efficiency.
Medius VP of Capture Product, Katarina Andersson
Companies that pay on time enjoy the best discounts from suppliers and can pass these advantages on to their customers.
Medius VP of Capture Product, Katarina Andersson
Microsoft Azure helps Medius deliver a next generation, cloud e-invoicing solution that streamlines the accounts payable process for its customers. In today’s fast-paced and remote business environment, eliminating manual work and increasing collaborative visibility within an organization are real-world outcomes that Medius’ and our mutual customers are experiencing.
Bharat Sandhu, Senior Director, Azure AI and Mixed Reality at Microsoft
I was afraid receiving e-invoices would be complicated, but this will allow us to be more automated without much work at all!
Renate Mortier, Medius customer and Finance Project and Support Manager at TVH
I’m pleased that our interface software for Medius AP Automation has achieved SAP-certification as integrated with SAP S/4HANA and SAP S/4HANA Cloud.
Medius CEO Per Åkerberg
It’s a tremendous achievement for the team. But crucially, this certification is yet another proof point for our prospects and customers to have confidence in our class-leading solution suite.
Medius CEO Per Åkerberg
These certifications further bolster our SAP partnership through which we can rapidly develop and certify our integration technology for future releases of SAP technologies. This dynamic approach to integration demonstrates our goal to help customers meet their business needs, and ultimately, improve their bottom line.
Medius CEO Per Åkerberg
This research clearly shows that late payments are causing significant issues for both procurement and finance, causing the business to lose money and even in some cases causing damage to business reputations.
Daniel Saraste, SVP Product Strategy, Medius
Many organizations understand the benefits of payment optimization but are limited by internal tools and organisational bandwidth to effectively modernize payment processing
Per Åkerberg, Medius CEO
In Medius we’ve found a user-friendly solution that covers the entire procurement process so that our users can handle all tasks in one, efficient tool. Because the Medius solution is cloud-based and offers a standard connector to our Infor M3 ERP we feel we have a future-proof solution that will support our needs long-term.
Viktoria Norwald, Procurement Project Manager at Sandvik Material Technology
We had different, non-integrated, processes and systems in place across the business area and lacking system support in some cases. We needed a solution that could help us introduce one efficient, standardized process across the organization.
Viktoria Norwald, Procurement Project Manager at Sandvik Material Technology
The agreement with Sandvik Material Technology is a great testament of our ability to support businesses with easy-to-use solutions throughout the entire source to pay process. We are looking forward to working closely with the Sandvik team to support their journey towards more efficiency and control.
Per Åkerberg, CEO at Medius
The 2021 FinTech Breakthrough Award program attracted more than 3,850 nominations from across the globe, and Medius Spend Management stood out for its streamlined and cloud-based modular approach, providing organizations the ability to gain more controlled and efficient spend management.
James Johnson, managing director, FinTech Breakthrough
Organizations need intuitive tools to support the entire source-to-pay process, from sourcing and onboarding new suppliers, to purchasing and managing invoices. In today’s COVID era, Medius Spend Management provides finance and procurement teams with the critical data and insights they need to stay in control of cost, cash and compliance to drive their businesses forward.
Shannon Kreps, vice president, product marketing and communications, Medius
I’m pleased to report that Medius’ position in the market and financial health remain strong – even after the difficult year that we’ve all experienced. We have seen positive developments on all key metrics and haven’t furloughed any of our employees during 2020. On the contrary, we’ve grown our team given the high demand that we continue to experience for our products, from both new and existing customers.
Per Åkerberg, CEO at Medius
We’re delighted to support SAS in their efforts to drive efficiency and cost savings in their business operations
Per Åkerberg, CEO at Medius