Softwr

Accounting · head to head

Medius vs TurboTax

Medius logo

Medius

Accounting

Accounts payable automation and supplier payments for mid-market finance teams, Marlin Equity owned

From
On request
Rated
-
TurboTax logo

TurboTax

Accounting

File yourself with clear, step-by-step tools, or hand it to an expert

From
Free
Rated
-

The short version

  • Only TurboTax has a free tier, so it costs nothing to try first.
  • Each has a real cost: Medius the sourcing, contract and procurement modules are considerably less developed than the AP core, so buying Medius as a full source-to-pay suite means accepting weak upstream tooling.; TurboTax pricing varies significantly based on tax complexity and filing date
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Medius and TurboTax actually diverge.

Attributes where Medius and TurboTax differ
AttributeMediusTurboTax
Starting priceOn requestFree
Pricing modelquotefreemium
Free tierNoYes
PlatformsWeb, iOS, AndroidWeb

Identical on both: user rating (Not yet rated), category (Accounting).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Medius

  • Invoice capture and coding
  • Matching and exception handling
  • Fraud and anomaly detection
  • Supplier payments
  • Approval workflow
  • ERP integration

Only in TurboTax

Nothing recorded that Medius does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

Medius

  • A mid-market finance team where most spend arrives as an invoice with no purchase order to match againstnot TurboTax
  • A group with several legal entities on different ERPs that wants one AP process across all of themnot TurboTax
  • Reducing invoice fraud exposure with automated detection of supplier bank detail changesnot TurboTax
  • Replacing a scanning bureau and a shared AP inbox with automated capture and exception-based reviewnot TurboTax

TurboTax

  • Individual tax filing for US residentsnot Medius
  • Complex tax scenarios requiring multiple schedules and formsnot Medius
  • Expert assistance or full tax preparation servicesnot Medius

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Medius

  • The sourcing, contract and procurement modules are considerably less developed than the AP core, so buying Medius as a full source-to-pay suite means accepting weak upstream tooling.
  • Pricing is quote-only and driven by invoice volume, so a business with many low-value invoices pays disproportionately relative to the spend being controlled.
  • Payments are billed on transaction volume separately from the AP subscription, which is easy to omit from a cost comparison against a licence-only AP tool.
  • Private equity ownership since 2017 has produced an acquisition-driven product line, so payments and adjacent capability come from bought-in technology rather than the original platform.
  • ERP integration depth varies sharply by system, and organisations on less common or heavily customised ERPs face integration work that lengthens the implementation.

TurboTax

  • Pricing varies significantly based on tax complexity and filing date
  • Final price determined at filing time, subject to change without notice
  • Additional state return fees apply beyond federal pricing

Pricing, plan by plan

Medius

On request
  • Medius AP Automation$undefined/year
    • Two packaged AP automation tiers
    • Priced by invoice volume and entity count
    • Sourcing, contracts and procurement modules sold separately

TurboTax

Free
  • Free EditionFree
    • Simple Form 1040 returns only (~37% of taxpayers eligible)
  • Deluxe$59/one-time
    • Anticipated price, for more complex tax situations
  • Premium$79/one-time
    • Anticipated price, for complex tax scenarios with additional schedules
  • Expert Full Service$null/one-time
    • Custom pricing based on tax situation, forms required, and filing date

Which should you pick?

Choose Medius if

  • You need invoice capture and coding.
  • You work on Web, iOS, Android.
  • You also want matching and exception handling.

Choose TurboTax if

  • You want to start without paying.

Questions people ask

Is Medius or TurboTax better?
Neither clearly leads. Medius starts at On request and TurboTax at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Medius or TurboTax?
TurboTax has a free tier; the other does not. Paid plans start at On request for Medius and Free for TurboTax.
Does Medius or TurboTax run on more platforms?
Medius runs on Web, iOS, Android. TurboTax runs on Web.
Can I use TurboTax for free?
Yes. TurboTax has a free tier, so you can try it without paying. Medius starts at On request.
What is Medius best used for?
Medius is most often used for a mid-market finance team where most spend arrives as an invoice with no purchase order to match against, a group with several legal entities on different erps that wants one ap process across all of them, reducing invoice fraud exposure with automated detection of supplier bank detail changes, replacing a scanning bureau and a shared ap inbox with automated capture and exception-based review. Of those, a mid-market finance team where most spend arrives as an invoice with no purchase order to match against and a group with several legal entities on different erps that wants one ap process across all of them are not what TurboTax is typically brought in for.
What can Medius do that TurboTax cannot?
Medius covers Invoice capture and coding, Matching and exception handling, Fraud and anomaly detection, Supplier payments.

Answered from the vendors’ own pages

Medius: Is Medius a procurement suite or an AP tool?

Primarily an AP automation platform with procurement modules attached. If sourcing is your main requirement, look elsewhere.

TurboTax: How much does TurboTax cost?

TurboTax offers a free option for simple returns (~37% of filers), Deluxe at $59, Premium at $79, and Expert Full Service with custom pricing determined at filing time. Actual prices are subject to change and vary based on tax situation complexity.

Source
Medius: Who owns Medius?

Marlin Equity Partners, which acquired it in 2017 and has funded several bolt-on acquisitions since.

TurboTax: Is there a free version of TurboTax?

Yes, TurboTax Free Edition is available at no cost for simple Form 1040 returns. Eligibility is limited to approximately 37% of taxpayers with straightforward tax situations.

Source
Medius: How is it priced?

By quote, driven by invoice volume and entity count, with payments billed separately on transaction volume.

TurboTax: What extra fees apply when using TurboTax?

State return preparation requires additional fees beyond federal pricing. Price adjustments also apply based on the version selected and the date you file or e-file, as stated in TurboTax terms.

Source
Medius: Does it replace our ERP?

No. It sits alongside the ERP and posts approved invoices into it.

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