01:36: Medius is a global organization that started in Sweden about 20 years ago. Their primary focus is on spend management and they offer products and solutions to help organizations with their spend management.
03:38: Originally, Medius started with AP automation that has now grown into a cloud-based SaaS solution for spend management. Additionally, their solutions work with business applications for Microsoft, SAP, Oracle, and more.
07:19: Automation of the approval process can reduce errors and allow people to focus on more strategic and critical things.
09:04: The Medius solution is a cloud-based stand-alone solution with deep integrations into multiple ERP systems. This allows companies to easily change ERP solutions, or integrate with different ERP systems that may be used across the organization.
11:58: Medius continues to heavily invest in their solutions with a huge focus on AI and machine learning.