Bonsai is an all-in-one business management platform for freelancers and service teams, covering CRM, proposals, contracts, invoicing, time tracking, and expenses.
from $9/user/mo
About Medius
What is Medius?
Medius is an AI-powered accounts payable (AP) automation and spend management platform that helps finance teams streamline the entire invoice-to-pay process. It captures invoices, automates matching and coding, assists approvals with conversational AI, detects fraud, and simplifies supplier payments.
What problem does it solve?
Medius eliminates manual data entry, paper invoices, and repetitive tasks that slow down AP. It gives finance leaders full visibility into spend and cash flow, reduces fraud risk, and ensures compliance with e-invoicing mandates. The platform is designed for mid-to-large organizations that want to move from reactive processing to proactive spend control.
Who is it for?
Medius is best for finance teams in companies with high invoice volumes and complex approval workflows. It is not ideal for very small businesses with simple AP needs or those seeking a low-cost entry-level solution. Typical users include controllers, AP managers, CFOs, and procurement leaders in industries like manufacturing, retail, and services.
Real use cases
Medius is used to automate invoice processing across multiple entities, speed up month-end close by reconciling invoices faster, and ensure compliance with local e-invoicing regulations. It also helps teams reduce payment fraud by flagging anomalies and enforce spend policies automatically.
Key features
- Invoice Capture — AI-powered extraction eliminates manual data entry and automatically archives every invoice.
- Invoice Automation — End-to-end matching, coding, and routing with 95% precision after just two invoices.
- AI-Assisted Approvals — Medius Copilot answers approvers' questions using company data, enabling accurate decisions.
- Fraud & Risk Detection — Machine learning proactively flags and logs risks across the AP lifecycle.
- Payment Automation — Automate supplier payments, reduce fraud, and save time with streamlined processes.
- e-Invoicing & Compliance — Manage global e-invoicing mandates and stay compliant across multiple countries.
SaaSpartout Score
7.6
/10
Editorial score from our review methodology — not user ratings.
◆ AI advisor — 30 seconds, no signup
Why are you looking at Expense Management tools today?
Medius Pricing
Medius pricing: Custom quote based on plan and needs.
For comparison: the median starting price in Finance & Accounting is $19/month, measured across 145 tools we track. See the full SaaS Pricing Index →
Medius AP Essentials
Custom quote (contact sales). Includes multi-way matching, prepayments, recurring invoices, Medius Capture, Medius Analytics, Standard Support, Unlimited Users, 1 Sandbox Environment, and 1 Entity.
Medius AP 360
Custom quote (get a quote). Includes everything in AP Essentials plus Medius Copilot, Medius Supplier Conversations, Medius Fraud & Risk Detection, Medius Supplier Portal, 3 Entities, and additional capabilities.
All plans require a subscription; no free plan or trial is mentioned. Additional solutions (Payments, Supplier Onboarding, Procurement, Sourcing, Expense Management, Contract Management) can be added at extra cost. Contact Medius for a custom quote tailored to your organization.
Frequently asked questions
How much does Medius cost?
Medius pricing is not publicly listed; it is custom-quoted based on your plan (AP Essentials or AP 360) and requirements. Contact Medius for a demo or quote.
Is Medius free to use?
No, Medius is a subscription-based platform. There is no free plan or free trial mentioned on the site.
Who is Medius best for?
Medius is ideal for finance teams in mid-to-large organizations that need to automate high volumes of invoice processing, improve cash flow visibility, reduce fraud, and ensure compliance. It's less suitable for very small businesses with simple AP needs.
What are top alternatives to Medius?
Alternatives to Medius include Tipalti, Stampli, Coupa, and SAP Concur. These also offer AP automation and spend management features, but each has different pricing and deployment options.
What is the main limitation of Medius?
The main limitation is that Medius does not provide transparent pricing on its website, so you must go through a sales process to get a quote. Also, some advanced features are only available in the higher-tier AP 360 package.
