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Electronic Invoice Management

We have solutions for any company that wants to bring in electronic invoice management. Please contact one of our offices if you would like to know more.

Cutting costs by 50 %

With Medius as your electronic invoice management supplier, you can reduce the costs of managing invoices significantly. By installing MediusFlow, you can manage all your invoices electronically and thus streamline administration. The costs of invoice management can actually be reduced by as much as 25 to 50 per cent.

Integrated flexibility

MediusFlow is not a business system. It is a support application integrated into your existing business system, irrespective of which system you presently use. MediusFlow automatically retrieves coding templates and other information from your business system following integration.

Improved profitability

With MediusFlow as a platform, your company gets a flexible solution adapted to your needs. MediusFlow offers you improved profitability and better control over your invoice flows. The investment has a short payback time, as management costs are reduced dramatically.

Managing different types of invoice

MediusFlow can automatically manage all manner of invoices. Manual management is made significantly easier, and valuable staff time can be used for more skilled tasks. When MediusFlow manages purchase order-based invoices, it checks if there are any differences compared to the purchase order, agreed terms or total limits. If there is, the invoice is sent for analysis in accordance with a distribution list linked to the invoice. If there is no difference, the invoice can immediately be sent for payment in the business system. For invoices not based on a purchase order (expense invoices), the invoice is sent electronically to the appropriate reference person for coding and authorisation before it is sent for payment in the business system.

Matching at line level

MediusFlow matches supplier invoices against purchase orders at several levels, depending on your organisation’s needs. Matching can be done partly at header level for organisations that want to match at an overall level and partly at line level, item by item, for organisations that want to examine the invoice in more detail. The system manages all available formats of supplier invoice such as EDI, scanned paper invoices and e-invoices. The application manages all invoices in the same way in a uniform format.

Several benefits of electronic invoice management

The benefits of electronic invoice management include reducing the need for resources, which in turn reduces management costs dramatically. It also offers a better overview of all flows in the organisation, making it easy to locate individual issues.

Supplier invoice management means that companies save time that is currently spent on less skilled manual work with invoices.

Would you like to know more? Contact your regional office or call +46 (0)13-12 16 30 to contact a member of our sales team.
 
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