Medius
VerifiedAccounts payable automation with fraud detection, a Gartner Magic Quadrant leader
See all screenshots - Deployment Cloud Based, SaaS
- Starting price Not published
- Free trial Not offered
- Best for Medium Business, Large Enterprise
What is Medius?
Medius provides accounts payable automation covering invoice capture, matching, approval and payment, with a pronounced emphasis on fraud detection. The vendor cites being named a Leader in the 2026 Gartner Magic Quadrant for Accounts Payable Applications, and publishes research reporting that 76 percent of organisations faced accounts payable fraud in the previous year.
Leading with fraud rather than efficiency is a deliberate and well judged framing. Accounts payable automation has historically been sold on processing cost per invoice, which is a real but modest saving. Fraud is a different order of exposure, since a single successful invoice fraud can cost more than years of processing efficiency, and accounts payable is where that attack lands because it is the function that legitimately sends money out.
Automation and fraud prevention reinforce each other more than they conflict. A system that captures every invoice in a consistent structure can detect the anomalies a human reviewer misses across thousands of documents, such as a supplier's bank details quietly changing.
The Gartner recognition matters in this segment because accounts payable software is often bought by finance leaders using analyst positioning as a shortlist filter. Medius also publishes a financial census covering fraud, late payments and ungoverned AI use.
Key Features of Medius
- Invoice capture and data extraction
- Automated invoice matching
- Approval workflow
- Payment execution
- Accounts payable fraud detection
- Supplier bank detail change monitoring
- Anomaly detection across invoice volume
- Spend visibility and analytics
- Integration with ERP systems
- Supplier management
Medius Pricing
Not published
Not published
No rate is published. Medius quotes on invoice volume and modules taken.
Medius Specifications
- Deployment
- Cloud Based
- SaaS
- Desktop
- Web App
- Mobile
- iOS
- Android
- Built for
- Medium Business
- Large Enterprise
- Support
- Phone
- Knowledge Base
- Public API
- Yes
- Free trial
- No
- Free plan
- No
- Runs in browser
- No
- Customisable
- No
- Website
- medius.com
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