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ORO Procurement & Supplier Platform

Medius Procurement for NetSuite

Status: Unverified

The Medius for NetSuite SuiteApp, built using the Oracle NetSuite SuiteCloud Platform, helps organizations eliminate maverick spending with an easy shopping experience that works with and extends Oracle NetSuite’s existing P2P functionality to enhance supplier relationships and buyer experiences. Medius for NetSuite offers total, organization-wide spend control, automates purchase orders and approvals and tracks all spends, thus complementing NetSuite’s fundamental retail model, which streamlines ideal employee experiences into a single platform. Medius Procurement is part of the broader Medius Spend Management Suite, providing a complete procurement solution with additional Sourcing and Contract Management capabilities.

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Description

End maverick spend with eProcurement software from Medius

Eliminate maverick spend with an intuitive shopping experience so you are always buying from the right suppliers at the right price. Medius works seamlessly with NetSuite to extend procure-to-pay (P2P) functionality, enhancing your shopping experience while improving supplier relationships.

Key Benefits

Consumer-like buying tailored to youBuy like you do at home with our sophisticated search that looks across your internal catalogs with select goods and services setup for your organization.  Or punchout to supplier catalogs with negotiated item and pricing. You can also add one-time items when you can’t find what you need.

Route approvals to the right people

Buy like you do at home with our sophisticated search that looks across your internal catalogs with select goods and services setup for your organization.  Or punchout to supplier catalogs with negotiated item and pricing. You can also add one-time items when you can’t find what you need.

Reduce manual processing

Our digital procurement platform removes the need to manually send POs to your suppliers. Instead, raise a purchase order, receipt goods, automatically process an invoice, and allow suppliers to be paid – without your finance team lifting a finger. It’s that simple, and it saves time and money!

Find, negotiate, and contract with suppliers

Streamline sourcing activities, use data to identify the best sourcing options, and drive big cost savings across categories. Digitize contractual agreements and access them anywhere, anytime in our cloud-based sourcing and contract automation software.

Track all spend, simplify auditing and boost compliance

See exactly where your spend is going with easy-to-access dashboards helping you stay on top of all buying activities within our online procurement platform

FEATURES

Medius Procurement

Buy quickly while staying compliant

Our easy online buying experience allows you to quickly find and buy what you need, all while staying ”corporate compliant” because you are shopping from negotiated contracts. You know procurement and finance love that.

Medius Sourcing

Source the best suppliers with a process that just works

Medius Sourcing takes complex sourcing processes and makes them simple to manage and adopt across the business. You'll remove bottlenecks, while increasing throughput and returns​.

Medius Contract Management

Centralize supplier agreements with cloud-based contract management

Eliminate paper-based supplier agreements with Medius Contract Management. Getting all contract data in one place gives you a company-wide view of all agreement costs, renewal dates, revenues, and budgets.

Medius AP Automation

Automate invoice processing to save costs and get the books closed on time

Native capture uses machine learning to quickly determine the right supplier and automatically code the invoice. All invoices are captured, digitized, and processed in one intuitive solution to accelerate matching and approval processes—Full insight into liabilities and cash flow impact as soon as invoices arrive

Medius Analytics

Actionable data across the source-to-pay process that tells teams what to do and why
Dashboards, out-of-the-box and ad-hoc reports for every area of spend—Key data on your internal process, as well as detailed spend analysis and supplier performance—Keep stakeholders informed with dynamic and flexible reports.