Overview

Medius Pay is a comprehensive vendor payment automation solution designed to streamline the payment process for both domestic and international suppliers. By integrating Medius AP Automation with Medius Pay, businesses can create a simple, secure, and efficient payment workflow. This software eliminates manual intervention, reduces errors, and enhances security, ensuring that payments are processed accurately and on time.

Key Features

Cut the cost of making payments.

Moving suppliers from expensive paper check payments to cheaper, faster digital payments reduces your costs. Plus, Medius Pay delivers a vested share from supplier virtual credit card payments to create a revenue stream back to your business.

One process for all payment types.

We take care of payments via every channel - card, ACH, or electronic print check – in a single consolidated process for each supplier.

Improve control and visibility.

Use Medius AP integrated with Medius Pay to get clear sight of your process from invoice to payment and eliminate manual steps. Automate your payment execution and capture approvals electronically to ensure an end-to-end record of everything related to payment activity.

Stronger supplier relationships.

Medius makes it easy to get suppliers set up and onboarded through the Vendor Marketplace. Medius Pay makes payments digital, eliminating checks wherever possible so suppliers get paid more quickly and efficiently with clear visibility into the payments process through the Medius supplier portal.

Straight-through payments for vendors you trust.

Autonomous processing doesn't stop with invoices. Trusted vendors can be given the green light for automatic payment approval, getting those important vendors paid faster and freeing up the AP team for other valuable tasks.

Stop mistakes before they happen.

Prevent errors and reduce the risk of fraud with automated risk factor alerts that intelligently highlight suspect payment items for review. Access invoice history directly from your payments file, making it simple to cross-check details and interrogate the history of every vendor payment.

Key Benefits

Seamless data flow

Medius Pay facilitates a smooth data transfer between your ERP and payment processes, eliminating the need for manual data entry and reducing errors.

Automated payment processing

Once invoices are approved, Medius Pay automatically processes payments through the most efficient and cost-effective channels, including card, ACH, and electronic print check.

Real-time visibility

Gain real-time insights into your payment status and transaction history directly from your ERP, ensuring full control and visibility over your supplier payments.

Enhanced compliance

Medius Pay ensures that your payment processes comply with industry standards and regulations, safeguarding your business against compliance risks.

Quick implementation

Medius Pay offers managed connectors for all major ERP systems, allowing for quick and hassle-free implementation without the need for extensive IT resources.