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Software vendor

Medius

Medius sells AP automation, payments and expense software with AI for capture, coding, approvals support, supplier inquiries, fraud and payment batches.

1 offering in the directory Last verified

Function

Ownership
Not stated
Headquarters
Not stated
SEC reporting
No
SourcesSEC EDGAR company name lookups and filing histories for private and deregistered vendors in segment BSEC EDGAR submissions record for MEDIUS INC (CIK 1165051)
Audit firm
No
Website
medius.com
Subprocessor list
Not stated
Contract terms
Not stated

Offering · Software

Medius AP Automation (Capture, SmartFlow, Copilot, Supplier Conversations, Fraud & Risk Detection, Payments)

Directory recordLast verified Compare with othersBuild questions for this vendor

Medius says it rebuilt its accounts payable platform to be AI-native in 2016 and that its AI now acts in the platform while the user reviews and stays in control. SourceMedius AI innovation (AI-native spend management platform)

SmartFlow auto-fills coding, tax and approver values for non-PO invoices, Medius Copilot answers approvers' questions, and Supplier Conversations replies to supplier email inquiries around the clock. SourceMedius AI innovation (AI-native spend management platform)

Medius says its Payment Optimization Agent recommends what goes in each payment batch, with nothing added without a user's click, while trusted suppliers can be set for automatic payment approval. SourceMedius AI innovation (AI-native spend management platform)

Where it fits

CoE analysis AP and payments for finance teams that want coding, approver support and supplier inquiries automated.

CoE analysis Automatic payment approval for trusted suppliers is a payment control decision that belongs with treasury and internal control owners.

What it does

Offering type
Software
SourceMedius pricing (AP Automation packages)
Workflow areas
  • Accounts payable
  • Expense
SourcesAgentic AI for autonomous accounts payable workflowsMedius AI innovation (AI-native spend management platform)
Customer size
Not stated

AI

Kind of AI
  • Built into the platform
  • Agents and automated actions
  • Established machine learning and rules
SourceMedius AI innovation (AI-native spend management platform)
Suggests or acts
Suggests and acts
SourceMedius AI innovation (AI-native spend management platform)
Availability
Generally available

Features are described as current; Copilot, Supplier Conversations and Fraud & Risk Detection are listed in the AP 360 package only.

SourceMedius pricing (AP Automation packages)
Models named
Not stated

Control

Who controls it
  • Customer finance team
  • Vendor
SourceMedius AI innovation (AI-native spend management platform)

Commercial

Pricing model
Quote only
SourceMedius pricing (AP Automation packages)
Public price
Not stated

Evidence

Independent outcomes
None found in the sources read.
Sources read
  • Vendor-stated 10
  • Independent market evidence None read
  • Independently verified outcomes None read
  • Pricing 1
  • Known limitations None read
Coverage
Directory record
Last verified

Security and control

Single sign-on
Not covered in this record
User provisioning
Not covered in this record
Role-based access
Not covered in this record
Administrator controls for AI
Not covered in this record
Audit logs
Not covered in this record
Certifications
Not covered in this record
Data retention
Not covered in this record
Data residency
Not covered in this record
Training on customer data
Not covered in this record

AI features

As the vendor or firm describes them. Notes in small print record what the sources leave open.

  1. Medius Capture (touchless capture)

    Captures header and line-level data; high-confidence invoices bypass manual verification.

    Kind
    Established machine learning and rules
    Suggests or acts
    Acts
    Who controls it
    Vendor
    Availability
    Generally available
    SourcesMedius AI innovation (AI-native spend management platform)Agentic AI for autonomous accounts payable workflowsMedius pricing (AP Automation packages)

  2. SmartFlow

    Auto-fills coding, tax and approver values for non-PO invoices with a stated 95% precision after two invoices.

    Kind
    Established machine learning and rules
    Suggests or acts
    Acts
    Who controls it
    Vendor
    Availability
    Generally available
    SourceMedius AI innovation (AI-native spend management platform)

  3. Medius Copilot

    Guides approvers with pre-defined prompts and answers free-text questions about an invoice.

    Kind
    Built into the platform
    Suggests or acts
    Suggests
    Who controls it
    Individual user
    Availability
    Generally available
    SourcesMedius AI innovation (AI-native spend management platform)Medius pricing (AP Automation packages)

  4. Supplier Conversations

    Responds to supplier invoice and payment status email inquiries around the clock.

    Kind
    Agents and automated actions
    Suggests or acts
    Acts
    Who controls it
    Vendor
    Availability
    Generally available
    SourcesMedius AI innovation (AI-native spend management platform)Medius pricing (AP Automation packages)

  5. Payment Optimization Agent

    Reviews every payment batch and recommends inclusions with reason and source; nothing enters a batch without the user's click.

    Kind
    Agents and automated actions
    Suggests or acts
    Suggests
    Who controls it
    Customer finance team
    Availability
    Generally available
    SourceMedius AI innovation (AI-native spend management platform)

  6. Touchless Payments

    Trusted suppliers can be given automatic payment approval.

    Kind
    Established machine learning and rules
    Suggests or acts
    Acts
    Who controls it
    Not stated
    Availability
    Generally available

    Control: Role not stated: the page says trusted suppliers "can be given the green light" for automatic payment approval without naming who designates them.

    SourcesMedius AI innovation (AI-native spend management platform)Agentic AI for autonomous accounts payable workflowsMedius pricing (AP Automation packages)

  7. Fraud & Risk Detection and AI Receipt Verification

    Surfaces potential bad actors and errors with a Fire Station console; flags suspicious, including AI-generated, receipts for approvers.

    Kind
    Established machine learning and rules, Built into the platform
    Suggests or acts
    Suggests
    Who controls it
    Vendor
    Availability
    Generally available
    SourcesMedius AI innovation (AI-native spend management platform)Agentic AI for autonomous accounts payable workflowsMedius pricing (AP Automation packages)

Unclear or conflicting statements

Where the sources are unclear or disagree, both statements are shown with their links.

Touchless capture rate

Statement A

AI innovation page: Medius Capture learns from hundreds of millions of invoices to deliver 100% touchless capture rate.

medius.com/ai-innovation/
Data extraction and validation tab

Statement B

Autonomous AP page benchmark table: touchless capture rate for PO invoices 69.3% average and 99.3% best-in-class.

medius.com/ai-innovation/autonomous-accounts-payable/
AI-powered AP performance benchmarks and KPIs (table)

The pages do not say how the 100% figure relates to the benchmark rates, or what population either covers.

Unresolved · Both statements are published as found; CoE draws no inference about which governs.

Questions to ask

For this offering

  • Who can designate a supplier as trusted for automatic payment approval, what limits apply, and how is that list reviewed?
  • How are the 99% capture accuracy, 95% SmartFlow precision and 100% touchless capture figures measured, and on what population?
  • What does Supplier Conversations send to suppliers without review, and is each message logged?
  • Which models and providers power Copilot and Supplier Conversations, and is our data used to train them?
  • Which AI features are in AP Essentials versus AP 360, and what do add-on modules cost?

From the diligence question set

  1. DQ-04 Which AI features are in the modules and edition we license, or would license, and is each generally available, in preview or beta, a paid add-on, or limited by edition or region?
  2. DQ-06 Does each feature suggest or act? Can it create, post, approve or change records, and where is that limit enforced?
  3. DQ-07 Who can change each feature's configuration, prompts, thresholds, data connections or model: your company, our administrators or individual users? Can we restrict and log those changes?
  4. DQ-09 Is each output generative or deterministic, what does any confidence score mean, and can a past output be reproduced and explained?
  5. DQ-11 How can we test that a feature considered the complete population, and how does it report items it skipped, could not process or excluded?
  6. DQ-19 How are the AI features priced: included in the subscription, sold as an add-on or higher tier, or metered by use? What is the billing unit?

Build questions for this vendor