Medius AB Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Medius AB Strengths, Domain Expertise, and Key Differentiators

Medius is a global leader in cloud-based spend management solutions, offering a comprehensive suite that includes strategic sourcing, contract management, procurement, AP automation, and supplier management, all designed to enhance efficiency, control, and cost savings across the source-to-pay process. In 2024, Medius partnered with Launchpad Technologies to enable seamless integrations via the Passport™ iPaaS platform, enhancing agility and operational efficiency for clients. Additionally, in 2023, Medius teamed up with Caatalyst to introduce AP Audit Cash Recovery, addressing rising business insolvency risks by combining profit recovery audits, AP automation, and fraud detection. Caatalyst’s audits, covering over £300 billion in AP spend, help businesses recover lost funds and prevent future leakage.

Medius AB Recent Developments

In December 2024 Medius unveiled two groundbreaking AI solutions to revolutionize Accounts Payable efficiency. Medius Copilot is an intelligent assistant embedded within the AP automation application, specifically designed to assist invoice approvers, particularly those who are not AP experts. Medius Copilot enables users to ask questions about invoices, facilitating quick, efficient, and anomaly-free approvals. This innovative tool reduces the time spent on chasing queries and minimizes the risk of delayed approvals, ensuring smoother and faster processing of invoices. Medius Supplier Conversations addresses the time-consuming task of responding to supplier inquiries. This AI-powered solution automatically handles supplier questions, providing immediate and accurate responses via email based on supplier history, payment terms, and trading information. By significantly reducing the volume of queries reaching the AP team, it enhances the supplier experience and ensures timely resolution of concerns. In October 2023, Medius launches its Fraud & Risk Detection product, designed to proactively identify and prevent fraud. The introduction of this new offering comes in response to a documented increase in fraud risk, as indicated by research from Cybersecurity Research, revealing that more than half of organizations have witnessed a surge in fraud attempts over the past 12 months. The study also highlights that finance teams are particularly susceptible, with nearly 60% of respondents reporting them as the most frequent targets of fraud and phishing attempts."

Medius AB Mergers and Acquisitions (M&A) Activities

In July 2023, Medius announced the successful completion of the acquisition of Expensya, an expense management software company. With the integration of Expensya, Medius can leverage the Tunisian startup's robust AI-enabled, mobile-first capabilities for employee spend management, complementing Medius's strengths in areas such as autonomous AP, payments, procurement, sourcing, contracts, and supplier onboarding.

Beyond enhancing its service offerings, the acquisition also marks a significant geographical expansion for Medius. The addition of Expensya's product strengths enables Medius to accelerate growth and cross-selling opportunities in competitive business application markets, notably in France, where Expensya has established a leading employee spend management solution. Furthermore, Medius is poised to capitalize on the upcoming French e-invoicing mandate, scheduled to take effect on July 1st, 2024.

In September 2017, Marlin Equity Partners, a global investment firm completed the acquisition of Medius. The acquisition will enable Medius to further accelerate its ongoing global expansion and continue investing in its cloud-based solutions for accounts payable automation.

Medius AB Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Medius AB applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Medius AB and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified MediusFlow AP customers.

Medius AB Key Enterprise and Cloud Applications

MediusFlow AP

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Medius AB Direct vs Indirect sales

Medius AB Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Medius AB Customers

No. of Medius AB Customers: 4000

No. of Medius AB Enterprise Applications Customers: 4000

No. of Medius AB Cloud Customers: x

No. of Medius AB Cloud Subscribers: 500000

Medius supports nearly 4,000 customers worldwide, managing over $300 billion in annual transactions through its spend management solutions. Other notable customers include Shoe Sensation, David Lloyd Leisure, Liberty, Tikkurila, Marc Jacobs, LUSH, Cineplex, RM Williams, and many more across various industries.

Medius AB Market Opportunities, M&A and Geo Expansions

Medius is driving growth through strategic partnerships, product integrations, and acquisitions that enhance its solution offerings and market reach. Collaborations with Antaras and UK-based ERP channel partners have expanded integration capabilities with platforms like InforLN Cloudsuite, Sage, IFS, and OpenAccounts, enabling broader regional penetration and seamless ERP connectivity. In North America, a partnership with Createch extends Medius’s AP automation to Microsoft Dynamics users, particularly in Eastern Canada. Medius also achieved certification for SAP S/4HANA, ensuring compatibility and fast deployment for enterprise clients. Additionally, the acquisition of Wax Digital has positioned Medius as a full source-to-pay provider, strengthening its ability to deliver end-to-end procurement and spend management solutions.

Medius AB Risks and Challenges

A key risk for Medius lies in the complexity of integrating its AP automation solutions with a wide range of enterprise systems. Many organizations rely on diverse Enterprise Resource Planning (ERP) platforms, and ensuring seamless compatibility across these systems presents ongoing technical challenges. Variations in data structures, software versions, and system architectures can lead to integration delays, increased implementation costs, and potential operational disruptions.

This integration risk can affect the overall performance and perceived value of the Medius solution, potentially leading to client dissatisfaction and impacting the company’s ability to deliver consistent results. To mitigate this, Medius must continue investing in advanced integration capabilities, maintain strong support for multiple ERP environments, and proactively adapt to evolving technologies within the enterprise software landscape.

Medius AB Ecosystem, Partners, Resellers and SI

Medius has established a key presence in Jacksonville, Florida, with a new headquarters that now serves as the central hub for over 100 employees. This strategic location supports the company’s growing operations and sales functions, including the addition of new roles focused on strengthening these teams. The expansion builds on Medius’s integration of Jacksonville-based invoice payments provider OnPay Solutions, reinforcing its commitment to investing in the local fintech ecosystem.

Jacksonville continues to thrive as a prominent fintech hub, with a robust and expanding workforce in financial services. According to the JAX Chamber, the city is home to nearly 65,000 professionals in the industry, making it an ideal environment for Medius to grow its talent base and business operations.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: