In this video demonstration of medius, you're gonna learn how medius automates all types of the invoices you're tasked with processing today with both great currencies and reliability, as well as learn how other customers are utilizing medius and the benefits they're able to achieve. In terms of the specific demo topics, we're first gonna start with the automation of expense or non PO invoices. We're gonna move on to what might be the bread and butter of medius, which is the ability to automate the processing and reconciliation of the simplest to the most complex PO invoices that you are tasked with processing day in and day out. From there, we're going to explore some of the AP centric analytics and process insights Media brings to bear. And then we're gonna wrap with media's pay, which is really two things. First is a fraud and risk detection watch dog, as well as a non disruptive approach to turbocharge any check to ACH migration initiatives you have in place. This solution also drives guaranteed quarterly dividend payments back to you to offset the investment into the media's platform. Let's start with the expense or non PO invoice process. To help make the expense or non PO invoice process more efficient, Medius is able to provide automatic coding and distribution to get invoices directly to the approver or the approval group responsible. This means AP no longer needs to chase for approvals, and they can enjoy the benefits of touchless invoice processing. Another benefit is the efficiency and the ease of use for the actual approvers doing the work. Let's take a look. The first touch for an approver on an expense invoice is a notification like this one. It provides a direct link to the invoice within medias. The invoice is conveniently and cleanly rendered here on the left, and the user can easily confirm the coding that's automatically provided by medius on the right. As a user, I can tell that the invoice is in balance due to the green highlight at the top, and hovering over the coding dimension gives me the description of the account. If this is indeed the coding that I want to apply, I simply click approve and I'm done. The invoice then moves on to the next step in the workflow, which might be another approver, It could be back to AP for final review prior to posting or simply automatically posted back to the ERP. These options are completely configurable and maintained by authorized business users, which gives you both maximum flexibility and minimizes the overall cost of ownership and maintenance. Another aspect to the expense based workflow is the ability to add comments that travel along with the document so that other reviewers or approvers can review your perspective on the transaction. These comments and notes are kept along with the document throughout the duration of the archive. One of our customers that's leveraged this expense based automation to great benefit is Dooney, who's a global manufacturer of innovative tabletop concepts. What dooney was able to achieve in the expense based process, is a ninety seven point six percent automatic routing rate, which means that ninety seven point six percent of the time, an expense based invoice was automatically coded and routed directly to the approver without ever requiring an AP user to touch it. The benefits of having a more streamlined AP process is AP was able to free up time and focus on more business critical tasks. They were able to scale their business without adding additional headcount And perhaps most importantly, they were able to abide by the organization's approval hierarchy and were more compliant. Let's transition and talk about the experience from an accounts payable perspective. When the AP user logs into the platform form, they're immediately brought to the home screen, which gives them an overview of the invoices that are in process, and more importantly, that they have access to from a security perspective. The roles and permissions within medius dictate what a user can take and more importantly what they can actually see within the solution. Navigating to my inbox, Medius has sorted the invoices into different categories for me. The screen is configurable, which allows me to create filters in order to view a subset of documents or add or remove columns to see only the desired data. Let's transition and talk about what is arguably the most important and powerful feature of medius, which is the ability to automatically and accurately process and reconcile PO based invoices. There are two things to think about when it comes to medius and PO invoice processing. The first is the touchless processing rate, which is the percent of invoices where the data is accurately captured from the invoice and reconciled automatically with the respective purchase order and goods receipt. The second aspect is the usability and process efficiency when a mismatch does occur. Software One is one of our global customers that's achieving an eighty eight percent touchless rate on PO based invoices. What this means is that The invoices come into medius. The data is accurately extracted. The waterfall matching within medius is reconciling the invoice lines to PO lines, and none of this ever requires an AP touch. And, of course, this just frees up a lot of AP time again for more strategic activities. And perhaps the most important thing is simply having less stress in their work life, which then translates over to their personal life. You know, having a cloud computer in the background that's working on your behalf and doing things accurately and reliably is a great, great comfort for our customers. Another customer that looks at the benefit slightly differently is silver eagle distributors. And what they focus on is cycle time reduction associated with PO invoice processing and reconciliation. And what they're able to achieve is essentially a half a day on average to process and post an invoice to their ERP system. And what this means for them is working capital benefit. They're able to minimize loss discounts and maximize early pay discounts. And they also have the opportunity to participate in supply chain financing to essentially stretch payment terms for key material suppliers, which then frees up working capital. Part of how customers achieve this level of automation is replicating AP decision-making in the medius. So for example, some discrepancies say between an invoice and a purchase order or goods receipt are completely normal and within your tolerances and policies. Medius replicates this situational awareness and is able to automatically code these acceptable discrepancies between the invoice and the PO. When there is an issue needing my attention, yellow triangles tell me exactly what the discrepancy is, And if I expand my lines, I can view PO and GR data directly within the solution. Based on my business, I might take different actions, support it in the platform for approval or rejection. And in this example, we're using a short pay as a rejection method. Or I may need to reach out to the supplier and request a new invoice, and that's completely supported in the platform as well. I wanna go back to the invoice and show what it looks like for variances that are acceptable or within your tolerance. Let's use freight charges as an example. When I expand all my lines, you can see there are other discrepancies between the invoice, purchase order, and the goods receipt that Medius was able to handle for me. So the invoices come in with seventy five dollars in freight charges, but that was not part of the purchase order. Medius in this instance is configured to have a tolerance level embedded within the platform. So in this case, the arrange for this transaction was a hundred dollars. Because the invoice is seventy five, media says automatically that information and coded it appropriately. Using the same transaction example, I wanna highlight a very powerful feature of media is called waterfall matching. And this is the ability to match a very complex invoice to one or more purchase orders. So in this case, we were able to match invoice line three, even though it ties to a separate PO and had a slightly different part number. The ability to process the most simple PO invoices to the most complex enables customers like silvery and software one to drive greater autonomy and touchless processing into the AP process and dramatically reduce the cycle time. Now, we're gonna transition and talk about reporting and analytics. There's two aspects in this solution to think about relative to reporting tics. The first is granular tabular based reports that allow you access to essentially unlimited amounts of data. You know, each and every field on the invoices available, invoices in process, accrual reports, you know, things of that nature. Just essentially tabular data that, you know, is exportable to excel or automatically pushed out via O data links to your existing business warehouse. The other aspect of reporting is graphical analytic charts and dashboards. Both are included with the solution. But let's start with the tabular reporting. Let's take a look at the accrual report. It's showing all invoices in process. Columns within the report. Any report for that matter can be filtered. And you can easily add edit or remove columns to get at the data you're looking for. Another report that's popular with customers is the ability to see where invoices are in the process and who owns them and how long they've been sitting on those transactions. So this is an example of that form of report. Again, All reports can be exported to excel or publishable to an existing analytics platform via an o data link. Let's transition and talk about the second part of reporting analytics, which are analytics stories. Embedded within the media solution is Microsoft Power BI, the world's leading business intelligence platform that creates beautiful and powerful visual displays of quantitative information in story like views. This overview story is telling me everything about the current status of my accounts payable operation, including invoice aging, trends of both PO and expense based invoices, as well as the overall mix in terms how my invoices are being received from suppliers. The cash flow and working capital analytics are summarizing key information related to my working capital position. Gross cash requirements by date based on all the invoices that are in process, as well as days payable outstanding trend. Another benefit media customers achieve, at least those customers that actively pursue and manage early pay discounts with suppliers is the ability to view all invoices in process that have a discount term associated with them. The ability to view these offer opportunities and to actively manage the approval process means that our customers capture all the early paid discounts that are available to them. The last set of analytics takes us back to where we started, which is what medias means to our customers. Both expense and PO based invoice is automated by medius. And this set of analytics provides you with insight into the levels of automation and enables you to monitor which suppliers are responsible for driving the exceptions requiring people to intervene. Having a lens and measuring performance improvement over time for things like first time right and straight-through processing changes the game in AP efficiency in cycle time and really unlocks both professional and personal benefits for the people involved with processing and paying invoices. This brings us to the last part of our demonstration, which is payment. Media pay is a completely managed serve for payment processing that doesn't disintermediate your banking relationship. We enable your suppliers to accept ACH, including verifying their account information for both validity and business ownership, and we will print your paper checks in a far more cost-effective manner as we are doing this for thousands of customers today. And lastly, we will enable many of your suppliers to accept what we call a high value form of AP payment called a single use account. Which is a form of credit card payment. One of the key features and benefits of media pay is digital approval of payment batches in individual payments, as well as automated duplicate, overpayment, and fraud detection. Reviewing and improving payment batches is streamlined and efficient. In identifying areas of risk such as duplicates, fraud, or overpayments is highlighted as a risk factor in the payment approval process. Thank you for your time and interest in medius. We are confident that no matter where you are in your AP performance improvement journey, Medius will be a fantastic partner. Whether your interests are in driving efficiency and cycle time reductions in your core invoicing process, you're looking to optimize working capital or increase early pay discounts or even driving payment efficiency or earning guaranteed dividends, or maybe you simply wanna live in your personal life with less stress and greater peace of mind. We're here to help. Thank you again.