Mediusvs
Bill.com
Bill.com: A simpler AP and payments tool for smaller finance teams
Medius
Accounts payable automation and supplier payments for mid-market finance teams, Marlin Equity owned
As of 31 August 2026, Medius's pricing is not published; the vendor quotes on request. AP invoice capture, coding, approval and payment for mid-sized companies, with sourcing and procurement modules alongside. Softwr lists it under Accounting. Medius is available on Web, iOS, Android.
Overview
What Medius does
Medius automates accounts payable: invoice capture and data extraction, automatic coding, two and three-way matching against purchase orders and receipts, approval routing, fraud and anomaly detection, supplier payment execution and analytics. Around that core it sells strategic sourcing, contract management, procurement and supplier management modules, and it integrates with rather than replaces the ERP. The positioning worth understanding is that Medius starts from finance rather than procurement. Most spend management vendors approach the problem from the purchase order and treat invoices as the tail end; Medius approaches it from the invoice and treats procurement as the front end. That makes it a better fit for companies where most spend arrives as an invoice with no purchase order behind it, which is the actual state of most mid-market businesses. It also means Medius competes directly with AP automation specialists as often as with procurement suites, and buyers should be clear which comparison they are running. Medius is Swedish in origin and has been owned by Marlin Equity Partners since 2017, which has funded a series of acquisitions in payments and AP. Pricing is quote-only across two AP automation packages plus modules. The trade-off is that the procurement and sourcing modules are noticeably shallower than the AP core, so an organisation buying Medius primarily for sourcing is buying the weakest part of the product.
What people use it 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
Related searches
The honest half
Where it falls short
Concrete and checkable, so you can decide whether any of them matter to you. This is the half of a review a vendor will not write about 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.
Cross-shopped
What people choose instead of Medius
Each pairing was judged by two reviewers asking whether a buyer would genuinely weigh the two against each other. The ones that failed were deleted rather than published.
- MediusvsSage Intacct
Sage Intacct: If you want AP inside the accounting system rather than as a separate layer
- MediusvsIvalua
Ivalua: If sourcing and supplier management rather than invoice processing is the real problem
- MediusvsAirbase
Airbase: For card, expense and AP spend control in one mid-market platform
Pricing
What Medius costs
Taken from the vendor's own pricing page. Prices move, so check before you buy.
Medius AP Automation
On request
- Two packaged AP automation tiers
- Priced by invoice volume and entity count
- Sourcing, contracts and procurement modules sold separately
- Payments billed on transaction volume
- Implementation and ERP integration quoted separately
Capabilities
Features
Invoice capture and coding
Extraction and automatic general ledger coding without templates per supplier
Matching and exception handling
Two and three-way matching with exception queues rather than blanket manual review
Fraud and anomaly detection
Flags duplicate invoices, unusual supplier bank changes and out-of-pattern amounts
Supplier payments
Payment execution including cross-border, added through acquisition
Approval workflow
Routing by cost centre, amount and coding without ERP customisation
ERP integration
Sits alongside SAP, Oracle, Microsoft and NetSuite rather than replacing them
Answered, with sources
Questions people ask
Each answer names the page it came from, so you can check it rather than take our word for it.
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.
Who owns Medius?
Marlin Equity Partners, which acquired it in 2017 and has funded several bolt-on acquisitions since.
How is it priced?
By quote, driven by invoice volume and entity count, with payments billed separately on transaction volume.
Does it replace our ERP?
No. It sits alongside the ERP and posts approved invoices into it.
Keep looking
Where to go from Medius
- Medius alternativesEvery product people weigh against it
- Medius pricingPlans, floors and what the tiers exclude
- Medius badgesWhich rules it meets, and the figure behind each
- All Accounting softwareThe full category
- Best Accounting softwareThe shortlist, and how it was cut
Best Accounting software for
Compare Medius with
- Bill.com
- Airbase
- Yooz
- Moss
- Ottimate
- Soldo
- Kodo
- Paddle
- Modern Treasury
- Dodo Payments
- Melio
- Adyen
- Fortnox
- FreeAgent
- freee
- Happay
- insightsoftware
- IRIS KashFlow
Other Accounting software
Spend management combining corporate cards, bill payment and expense claims, now part of Paylocity
From $29/mo15 researched notesAP automation for mid-sized finance teams, with unlimited users included in the subscription
From $199/mo12 researched notesEuropean corporate cards, invoice management and accounting automation
Pricing on request11 researched notesInvoice capture and accounts payable automation trained on food and beverage distributor formats
Pricing on request12 researched notesPrepaid company card and spend control platform for European businesses
From £21/mo11 researched notesPayment operations and ledger infrastructure that sits between your product and your own bank accounts
Pricing on request13 researched notesUnified billing, payments, and distribution for AI and SaaS companies
From $4/cent + $0.4010 researched notesSwedish cloud accounting and business platform for bookkeeping, invoicing and payroll
Free plan9 researched notesAccounting software for small businesses and freelancers
Free, then £5/mo11 researched notesJapanese integrated cloud accounting software for sole proprietors and corporations
From 980/mo10 researched notesIndian travel, expense and corporate card platform, now owned by MakeMyTrip
Pricing on request11 researched notesA private-equity roll-up of financial reporting and EPM tools for the office of the CFO
Pricing on request12 researched notesOnline accounting software for UK sole traders and small businesses
From £13.5/mo10 researched notes
Softwr does not host reviews and shows no star rating for Medius, because a rating we did not collect is not ours to publish. What is here is the pricing and platform detail from the vendor’s own pages, limitations we could state concretely, and alternatives a reviewer confirmed people weigh against it. Tell us if any of it is wrong.
More on Medius
Medius alternatives
What people switch to, and what they give up
Medius pricing
Every tier, and where the cost actually lands
Compare Medius
Put it head to head with anything we hold
Medius badge
Its rating, and an embed for your own site
Best Accounting software alternatives
Virtual card and spend management platform aimed at SaaS and travel spend
Per user per month
Expense management with per-user pricing and a five-user minimum, built for European multi-entity teams
Per user per monthInvoice capture and accounts payable automation trained on food and beverage distributor formats
quote
Expense, travel and employee benefit management for German speaking finance teams
Per user per month