Medius
89 Case Studies
A Medius Case Study
Victaulic, a major manufacturer of mechanical pipe joining solutions, faced a significant challenge with its manual, paper-based accounts payable process. This inefficient system was hindering the company's growth plans and making it difficult to track invoices and process payments. To address this, Victaulic turned to vendor Medius and implemented its AP Automation solution.
Medius provided Victaulic with an automated workflow that included 3-way matching and better visibility into bottlenecks. The solution was quickly adopted by staff and enabled the team to work remotely. As a result of implementing Medius AP Automation, Victaulic now processes 80% of its 25,000 annual invoices touchlessly and has reduced its invoice approval time to just five days, freeing up the AP team for more value-added tasks.