Case Study: Universal Robots achieves faster, more accurate invoice processing and eliminates late payments with Medius

Medius AP Automation helps boost performance for Universal Robots

Universal Robots, a leader in collaborative robots, faced inefficient, manual accounts-payable processes and a legacy AP automation platform with limited capabilities that caused data mismatches, poor visibility and frequent late vendor payments (also affecting sister company Mobile Robots). To address these challenges they selected Medius and its Medius Accounts Payable Automation to replace the old system.

Medius integrated its AP Automation with Universal Robots’ MS Dynamics AS and went live in less than a month, delivering faster, more accurate approvals, automatic invoice data capture, three-way matching and duplicate-invoice detection. As a result, Universal Robots now processes more invoices while saving time and money, can pinpoint delayed invoices for quicker resolution, avoid duplicate payments and has eliminated late payment fees thanks to improved visibility and controls from Medius.

Universal Robots

Claus Nyring Pederson

Accountant