Top 5 Medius Alternatives

Keeping your accounts payable on the healthy side of things is critical for the stability of your business.

But heavens, that isn't always easy, especially if you are still handling the process manually. 

Checking invoices, keeping records of purchases and transactions, communicating with suppliers…

One single mistake and you could end up losing money or your supplier's respect 

So yes, working with procurement or financial management software makes absolutely sense.

And if we put the focus on AP management, then Medius could look like a great alternative. 

Especially strong for automating invoice processing and accounts payable operations. Medius is quickly becoming well-known for its use of AI to optimize the source-to-pay cycle.

But…

As with everything, your perceptions of Medius could change depending on your company's needs.

Perhaps you need something simpler to use or maybe an option that's built to grow with you.

The good part?

You can find that and more in our list of the best Medius alternatives.

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Top Medius Alternatives

Control Hub 

So are we seriously going to promote ourselves in the first place?

Heck yes

But listen, we have good reasons to do it. 

If you're a growing business that needs to not only optimize your AP processes but also automate your procurement operations in a user-friendly, flexible way, then we need to discuss our software.

One of the reasons our customers love Control Hub is that it brings the whole procurement workflow into one simple digital platform.

It's specially designed for companies that move fast and want to scale their operations in the near future. 

Another plus?

The user interface is super intuitive. You don’t have to be a technical engineer to figure it out. 

Best features 

• Better control over your purchases: Enjoy all the benefits that come with having complete clarity over your company's purchases.
• Automate invoice processing: Control Hub's platform gives you the ability to handle all your invoices with zero mistakes. 
• Approvals workflows:  Do you need to create approval trees based on your own needs? Consider it done. Create, approve, deny, or delegate purchase requests from anywhere.
• Budget management:  Check what's going on with your budget in real time.
• Inventory optimization: Take control of your inventory levels, reduce the possibility of stockouts, and connect your warehouse system to your purchasing activities.

Control Hub Vs Medius 

Medius is a good choice if you are looking for an AP automation tool focused primarily on invoice processing, approval workflows, and payment optimization. 

But…

If your company needs more than just financial assistance, then you can happily rely on Control Hub. We are a procurement-first solution, which means that our system handles purchasing from the moment someone requests an item, not just when the invoice shows up. If you’re a company that builds things, orders lots of components, or needs to track spending from start to finish, ControlHub gives you that full picture. 

Pricing

It's going to change according to your requirements, while considered affordable, pricing generally depends on factors like company size, number of users, and integration needs. 

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Stampli

Managing AP has never been something that can be done in the blink of an eye. 

Matter of fact, it has a reputation for being a little dreadful task.

Well, Stampli is known for making things better.

Designed as a P2P platform, it's tremendously useful to manage accounts payable, procurement, payment, and so much more with a really intuitive interface.

Where Stampli really makes a difference is with its AI-powered assistant, Billy. He helps automate coding, suggests approvers, and detects things that seem off. 

Best features:

• Easy to use:  If you are looking for a super intuitive software that doesn't give you a headache, then Stampli is a perfect alternative. 
• Automated invoice management:  Reduce the risk of mistakes with instant invoice data capture.
• Built-in communication:  Never lose sight of an important decision with your suppliers or employees; you can quickly send a message through Stampli in-app.
• Integrations:  Stampli works perfectly alongside the rest of your systems. It's especially designed to do that. 
• International payments: You can pay to over +100 countries without issues.

Stampli Vs Medius

Medius works mostly for large companies and enterprises, so you can guess that it's not the most lightweight option around. 

Compared to it, Stampli is definitely lighter and faster. 

It’s designed to be up and running quickly and to make daily AP work easier and more collaborative.

So if you're a growing business that wants simplicity and collaboration above all else, Stampli could be the right choice for you.

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Pricing 

Stampli uses a quote-based pricing model, so you’ll need to reach out for exact numbers.

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Tipalti

Medius is known for its strong features, so if you want to opt for another big name, then Tipalti could be for you.

While it can do wonders for your AP processes, it's more like a complete platform for everything related to purchase-to-pay activities.

Accurate insights, automated payments, budget control, and smart invoice processing. 

Tipalti takes the most tedious parts of your financial and procurement operations, such as onboarding vendors, managing different payment methods, and staying aligned with compliance requirements. Their system automates them in a way that’s honestly pretty impressive.

Best features 

• Spend control: You can keep track of your expenses in real time for better budget control.
• Automated invoice processing: Corroborate your invoices to purchase orders and send them for approval instantly.
• Global payments: Automate payments in multiple currencies and countries, without all the manual work.
• Supplier self-service portal: Suppliers onboard themselves, update their own info, and choose how they want to get paid.
• Predictive analytics: It's no secret that our world barely makes sense anymore, so knowing what could happen and how it could impact your business is fundamental.

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Tipalti Vs Medius

They are both made for large companies, but that's where the similarities finish. 

Remember that Medius is more AP automation-oriented. Tipalti, on the other hand, is a full P2P solution with a heavy emphasis on payments and global support.

So go with Tipalti if you’re making a ton of payments across borders and want that process to be seamless and scalable.

Pricing 

While there's no information about its prices on their website, you can expect to find them within the expensive range.

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ProSpend

Alright, but what options do you have if you want to work on your spend management but don't feel ready to rely on a big platform?

You choose ProSpend, of course.

If you're looking for a platform that gives you total visibility over company spend, without the heavy complexity of a giant name, ProSpend could be a great pick. 

It’s an all-in-one spend management solution that helps you control purchasing, automate AP, manage expenses, and even track corporate card spend from one clean, centralized dashboard.

Best features 

• Spend management made simple: ProSpend is designed for medium-sized companies that want a modern approach to their spend management. 
• Unified:  If your business deals with spending in multiple departments or projects, you can do it in a single platform.
• Budget control: Keep tabs on spending against budgets as it happens, not after the fact.
• Automated reporting:  With ProSpend, you'll find smart receipt matching and auto-coding.Match transactions, receipts, and GL codes in one click.
• Fraud control: Yes, because you need to be careful with your operations and the invoices you're paying for. 

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ProSpend Vs Medius 

Medius can do pretty impressive things, but it can also be a bit much for smaller teams.

That's why, if you aren't a large global company and are looking for agility in your processes, ProSpend might feel like a better alternative. 

It's also particularly strong when it comes to expense tracking and purchase visibility, something Medius doesn’t focus on as much.

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Pricing 

ProSpend pricing plans start from $100 per month.

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Odoo

And if you are determined to find a flexible and affordable solution for your whole business?

You find alternatives like Odoo.

This platform is especially great for companies that want one connected system instead of dealing with multiple tools. You start with the basics, like invoices and vendor bills, and as your needs grow, you can switch on more functionality without switching systems. 

Best features 

• It works with modules: Probably the greatest thing about Odoo is its app store-like platform. You can add as many or as few features as you need.
• Integrated accounting: Stop seeing accounting as a pain in the back. Connect AP with your general ledger and other reconciliation tools.
• Smart notifications: Set up triggers for invoice approvals, supplier alerts, and payment runs.
• It's fast:  With so many alternatives to automate processes, you can see a reduction in working hours.

Odoo Vs Medius 

Medius has built itself a reputation for automating AP processes at a large level, and while Odoo might be more suitable for small and mid-sized companies, you’re getting a full toolkit that includes accounting, inventory, HR, CRM, and more.

It’s really ideal if you’re looking for a unified system to run multiple parts of your business.

Pricing 

Odoo is ridiculously affordable, You can start with a free version for one user, and then scale up with paid plans based on the number of users and modules you add.

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Final thoughts 

Managing spend and automating your AP process doesn’t have to be complicated or painful. With the right platform, you can free up your team’s time, reduce manual errors, and finally get the visibility and control you’ve been needing so badly.

And if you're looking for something built to handle procurement from start to finish with speed and clarity, ControlHub is a strong contender to put on your radar.

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