What Medius does

Medius is a Sweden-headquartered (Stockholm, founded 2000) provider of cloud-based, AI-driven software for accounts payable automation, source-to-pay workflows, and adjacent finance operations, serving large enterprises, mid-market companies, and SMBs across Europe, North America, and Australia. The platform is organized as a core AP automation engine extended by modules covering procurement, sourcing, contract management, supplier onboarding, expense management (via the 2023 Expensya acquisition), payments, analytics, and ERP integrations (SAP, Oracle, Microsoft Dynamics, Infor, Iptor, and others), with a separate MediusGo sub-brand serving smaller businesses. Its proprietary technology centers on autonomous invoice processing powered by continuous machine learning since 2016, Medius Copilot (a conversational AI assistant for approvers), an autonomous supplier email agent (Supplier Conversations), computer-vision-based invoice capture, and ML-driven fraud/risk detection; the company reports 61.5M+ invoices processed annually across 4,000+ customer companies and best-in-class touchless rates up to 94.9%. The business model is a subscription recurring SaaS revenue stream with annual billing, augmented by professional services (Elevate Advisory, Rapid Implementation, Premium Support); go-to-market is a hybrid of enterprise field sales (with ERP-anchored co-sell), a partner/reseller program, and PLG-leaning SMB distribution via MediusGo. The company holds a Leadership position in the 2026 Gartner Magic Quadrant for AP Applications, is recognized by Ardent Partners and The Hackett Group, and is a certified PDP for the French mandatory e-invoicing regime. Medius is privately held with no disclosed parent or external funding events in the input data.

Name

Medius

Legal name

Medius

Website

https://medius.se

Company type

Private

Founded year

2000

Operating status

Operating

Short description

Medius is a Sweden-founded provider of AI-driven cloud software for accounts payable automation, source-to-pay, and expense management, serving 4,000+ enterprise, mid-market, and SMB customers worldwide with pre-built ERP integrations and certified French e-invoicing compliance.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. AP Automation Subscription: Cloud-based software licensing for accounts payable automation, likely subscription-based model with annual billing; includes core invoice processing, capture, and workflow automation capabilities
2. Source to Pay Suite: Comprehensive suite covering procurement, sourcing, contract management, supplier onboarding, expense management, and payments - suggesting tiered or bundled subscription pricing
3. Professional Services: Implementation services (RAD - Rapid Implementation), consulting (Elevate Advisory Program), and premium support offerings
4. MediusGo SMB Products: Separate product line for small and medium businesses with MediusGo-branded solutions including invoice management, expense, e-invoicing, contract management, and PO matching

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

Medius provides cloud-based, AI-driven software for accounts payable (AP) automation, supplier payments, procurement, sourcing, contract management, supplier onboarding, and expense management, built around autonomous (touchless) invoice processing. The platform uses machine learning for invoice capture and coding, conversational AI for approvers (Medius Copilot), autonomous supplier communications, fraud detection, and statement reconciliation, and ships with pre-built connectors for major ERP systems including SAP S/4HANA, Oracle NetSuite/Fusion/JDE, Microsoft Dynamics, Infor M3/LN, and Iptor. Customers also have access to complementary professional services such as Rapid Implementation (RAD), the Elevate Advisory Program, and Premium Support.

Product overview

Medius is a global provider of AI-powered financial operations automation software, organized as a platform-plus-modules architecture. The core Medius platform covers the full source-to-pay and purchase-to-pay lifecycle, with the flagship Medius AP Automation platform enabling autonomous (touchless) invoice processing as its central pillar. This core is extended by domain-specific modules: Medius Pay (payment automation), Medius Fraud & Risk Detection, Medius Copilot (conversational AI assistant), Supplier Conversations (autonomous supplier communications), Medius Procurement, Medius Expense, Medius Sourcing, Medius Contract Management, Medius Supplier Onboarding, Medius Analytics, and Medius Connect (integrations). A separate sub-brand, MediusGo, targets small and medium-sized businesses with a simplified, modular suite including MediusGo Genie (AI), MediusGo Capture, MediusGo Expense, MediusGo E-invoicing, MediusGo PO Matching, MediusGo Contract, and MediusGo Maximize. In 2023, Medius acquired Expensya (a French expense management company), expanding its footprint in the expense management segment. The entire portfolio is unified by a commitment to AI-first automation, with machine learning embedded across invoice capture, fraud detection, coding, and routing.

Differentiator

Problem solved

Functional benefit

Brands

• Expensya: French expense management solution for business expenses, receipts, and travel management, acquired by Medius in 2023. Now transitioning to expense.medius.com domain.
• MediusGo
• Medius Copilot
• Medius Pay

Quantifiable outcome

• Best-in-class companies achieve 82% faster invoice processing
• +7 more outcomes

Named customers14 records

Segments10 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration21 records

AI capability8 records

Feature9 records

Partnerships

Six partnerships are on record, tiered core.

• Microsoft DynamicscoreTechnology or IntegrationDeep integration with Microsoft Dynamics 365, Dynamics AX, and Dynamics 365 Business Central; pre-built connectors enabling seamless AP automation for Microsoft ERP customers
• SAPcoreTechnology or IntegrationCertified integration with SAP S/4HANA; pre-built connector for seamless data flow between Medius AP automation and SAP ERP systems
• Oracle (NetSuite, Fusion, JDE)coreTechnology or IntegrationComprehensive integrations with Oracle NetSuite, Oracle Fusion, and Oracle JD Edwards; 'Built for Oracle NetSuite' hybrid SuiteApp certification
• Infor (M3, LN, CloudSuite)coreTechnology or IntegrationPre-built integrations with Infor M3, Infor LN, Infor Visual, Infor CloudSuite Distribution, and Infor SyteLine; Karl Lagerfeld implementation demonstrates Infor M3 integration capability
• IptorcoreTechnology or IntegrationERP integration partnership for Iptor supply chain management systems
• ExpensyacoreTechnology or IntegrationAcquired in 2023; French expense management solution provider expanding Medius capabilities in expense automation; Expensya products include web app (migrating to expense.medius.com) and mobile apps (iOS, Android)

Scale indicators14 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Rossum: Rossum provides AI-native invoice data capture and document processing for AP automation — an emerging specialist competing on the same AI invoice capture technology that powers Medius Capture.
• Kofax (Tungsten Automation): Tungsten Automation (formerly Kofax) provides intelligent document processing and AP automation including invoice capture, directly competing with Medius Capture and adjacent to Medius's broader AP workflow offering.
• Stampli: Stampli offers AI-driven AP automation with collaborative invoice management, competing for mid-market customers that Medius also targets. Their Billy AI assistant and ERP-agnostic approach overlap with Medius Copilot's positioning.

Direct peers

• Tipalti: Tipalti provides AP automation, global payments, and supplier management for mid-market and enterprise, including AI-driven invoice capture — directly competing with Medius AP Automation and Medius Pay, particularly in mid-market and tech-forward segments.
• Basware: Finland-based Basware is the most direct head-to-head competitor in AP automation and invoice processing, serving a similar enterprise customer base with cloud-based invoice management, e-invoicing, and purchase-to-pay solutions — closely overlapping with Medius's core AP Automation suite.
• Coupa Software: Coupa offers a comprehensive Business Spend Management platform that includes AP automation, procurement, and sourcing — directly overlapping Medius's full Source-to-Pay suite and competing for the same enterprise procurement and finance buyer.
• AvidXchange: AvidXchange specializes in AP automation for mid-market companies with invoice capture, workflow, and payments — a direct competitor in Medius's AP automation and MediusGo SMB/mid-market segments.
• Bill.com: Bill.com provides AI-powered AP and AR automation for SMB and mid-market, with strong PLG distribution in North America — a primary competitor for MediusGo's SMB customer base and adjacent to Medius's enterprise AP offering.

Broad incumbents

• Oracle Fusion Cloud Procurement: Oracle's native procurement and payables suite within Oracle Fusion ERP competes with Medius for Oracle NetSuite, Fusion, and JDE customers — a partner-ecosystem competitor since Medius integrates with these Oracle products.
• SAP Ariba: SAP Ariba is the dominant procurement and AP incumbent inside the SAP ecosystem, offering native invoice management and supplier networks. Medius integrates with SAP S/4HANA but competes with Ariba for SAP customers seeking end-to-end procurement-to-payment automation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Medius