AP automation or invoice automation refers to the use of an accounts payable software to digitize the invoicing process for a vendor. It makes the process much faster, leaner, and most of all, it provides a cost-effective AP workflow. You won’t be needing any paper receipts, nor will you be required to forward invoices via emails. This not only helps save the environment but also reduces the work of cutting paper checks.

Now that we know what AP automation is- and how it can help you eliminate manual AP tasks, such as increase visibility in spending and control costs like never before- it’s time to figure out what software you should be going for. Well, we’ve got you. Today we’ll be telling you about one of the best AP automation software in the market. Here’s why you should be choosing Medius for AP automation.

What does it entail?

When you invest in AP software, you are looking for features that will help you set everything up, are intuitive, and are actually useful. Here are some of the features that Medius entail:

• Just a single user interface

The problem with many AP software is that you have to log in to multiple systems if you want to capture and process invoices. However, you won’t have to do any of that with Medius AP automation software. You just need to log in to one single user experience for capturing and processing invoices. 

Their accounts payable automation solution allows you to use the same UI to capture and process all invoices. Doing this results in an accounts payable process that is streamlined and is working smoothly.

• Automated coding

Even if you are not from a science background, you know that artificial intelligence and machine learning can enhance the automation part of any process by a lot. Similarly, Medius’ intelligent capture and coding enhance abidance with the main invoicing processing. 

The AI technology that Medius is using automatically matches invoice data and checks them with purchase orders, contact-based information, goods receipts, etc. They also help in keeping in check the line items, line totals, and even invoice headers.

• Intelligent invoicing and much more

The data capture solution of Medius software is unique to them. It pinpoints and extracts invoice data automatically and with precision as well. The reason behind the data capture solution working so flawlessly is Medius’ innovative ‘touchless capture’ technology. 

You and your team will be saving hours of work that you can then invest elsewhere for your company’s growth. This is not all, as it also archives original invoices automatically, which you can audit whenever you need them.

Conclusion

If you choose Medius software to integrate AP automation in your company, you can enjoy all the mentioned features and much more. The software provides complete financial visibility while removing the heavy workload that you need to do otherwise. You can access analytics on your spending data which can help you make better decisions on your expenditure. You will be making the investment of your life going for the software.