Overview

Medius Procurement is a comprehensive eProcurement software solution designed to bring all your spend under control and ensure compliance with company policies and regulations. This tool helps businesses automate the buying process, reduce maverick spending, and ensure that purchases are made from the right suppliers at the right price. By leveraging Medius Procurement, companies can streamline their procurement processes, improve visibility, and achieve significant cost savings.

Features

Consumer-like buying tailored to you.

Our eProcurement software solution allows you to find what you need using a sophisticated search feature. If you prefer browsing, punchouts to third-party catalogs allow you to add items to a shopping basket and enter them into your pre-designed approval process in our eProcurement system.

Route approvals to the right people.

Set up approval workflows and permissions to ensure the right people approve requisitions and purchases. Automated approval emails make it easy to accept or reject the workflow without being in the software.

Reduce manual processing.

Ditch sending paper POs to your suppliers. By integrating Medius AP Automation with Medius Procurement you can automate the entire procure-to-pay process.

Full visibility of spend.

Detailed data is delivered through configurable dashboards. Drill down into specific transaction details or review an entire spend category giving you complete visibility of purchases.

Improve budget control with limits on cumulative spend.

Enforce a hard stop at checkout, or allow the spend to continue with additional approval through the workflow. Budget holders can approve/reject spend and view how much budget is spent within their scope.

Benefits

• Increased Efficiency: Streamline the procurement process, saving time and resources. The software automates key tasks, allowing businesses to focus on strategic activities.
• Enhanced Visibility: Gain complete visibility of spend, helping businesses track and manage their procurement activities effectively. This feature ensures that all purchases are compliant with company policies.
• Cost Savings: Achieve significant cost savings by optimizing supplier negotiations and reducing maverick spending. This feature enhances overall spend management.
• Improved Compliance: Ensure compliance with procurement policies and regulations, reducing the risk of non-compliance and associated penalties. The software helps businesses stay ahead of evolving regulations.
• Better Supplier Relationships: Enhance supplier relationships by managing contracts and relationships effectively. This feature ensures that suppliers are engaged and informed.
• Expert Support: Access Medius's team of experts for guidance and support. The software is backed by professionals who provide comprehensive procurement management services.