Cashbook partners with Medius for expanded Payables automation

Cashbook has partnered with Medius, a leading provider of Accounts Payable Automation and wider spend management solutions, through their Radius partner program for Independent Software Developers (ISVs).

Cashbook joined Radius as part of their ongoing commitment to increasing fiscal health for its customers.

Cashbook’s partnership with the Radius program enables both Medius and Cashbook customers to better regulate their working capital, and increase business liquidity through improvements in DSO, lower Deductions, faster invoice dispute resolution and an efficient Collections process.

Having launched in April 2022 with an aim to enable Medius customers to access additional solutions that integrate with its end-to-end Accounts Payable Automation suite, the fast-growing program now has an established ecosystem of 22 trusted, quality partners – including Microsoft, Oracle, SAP, and Rydoo, Pagero. With Medius’s commitment to bringing the maximum value to customers, they are excited to bring on two new partnerships which will build off of Medius’s best in class AP capabilities to improve cash flow and working capital.  

Haroon Panezai, Partners Director at Cashbook says: “Our partnership with Medius started out only a month ago, but in this short time we’ve made big gains. We believe joining the Radius program is the next step to equipping our clients with excellent, long-term value through combining our best-in-class experience for receivables, payables and bank reconciliation. We’re excited to help business finance departments around the world, not only meet their corporate goals, but surpass them.”

Matt Rhodus, VP of Business Development & Strategy at Medius, says: “We’re absolutely delighted to welcome Cashbook to the Radius Partner ecosystem. Partnerships are a core pillar of our business model and outlook, so to collaborate with a leading company in the capital finance and cash flow management sector is a real privilege. Given the world is grappling with a financial crisis – rising inflation and looming recession, helping businesses with this is especially important. Through Radius, we look forward to combining our joint expertise and technological capabilities to facilitate maximum fiscal health for all our customers.” 

About Medius

Medius links invoice capture, processing and payment to replace the worry and wondering of managing AP with calm and confidence. Medius goes far beyond basic automation by using artificial intelligence to do most of the work – so invoices get confirmed, coded and paid; AP teams get to go home and rest easy; and businesses can trust their budgets and forecasts. Medius has more than 2,600 customers across 102 countries and processes $180 billion in annual spend through its system. Visit www.medius.com to learn more.