Reflections from an AP Managers Diary

Prior to the global pandemic, there was a growing pressure for AP to adapt to a new role within the business, one grounded in cash management strategy and sharpening visibility into the organizational finances. The events of 2020 drove that pressure into overdrive. The journey to true automation, whether you’re starting with a blank canvas and relatively no automation in place, or for those who have already automated in partial ways, looks different today than it did 5-10 years ago, with the new technology advancements offering the chance to reach unprecedented levels of efficiency and deliver a holistic end-to-end automated process, further automating often un-optimized areas, like supplier payments and invoice data capture.

Standard benefits of Medius AP Automation include:

  • Remote, digital and flexible working for AP and finance teams
  • Full visibility into essential real-time financial data, including cash flow and management
  • Transformed supplier payments process via automated electronic payments to reduce risk of fraud and eliminate manual tasks
  • Immediate value from day one with a cloud-based AP automation solution and deployment as part of your organization’s business continuity plan leveraging best-practice, 100% digital methods
  • Expected ROI within the first year with up to 95% truly touchless invoice processing

Download this diary to help you kick-start your conversations surrounding an AP automation project within your organization.



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