Medius acquires procurement solution provider Wax Digital

Friday 22 November 2019 10:32 CET | News

Fraud Prevention and Online Authentication Report 2019/2020

Medius, a provider of cloud-based accounts payable automation, has acquired Wax Digital, a procurement solutions provider.

Fraud Prevention and Online Authentication Report 2019/2020

From sourcing and contracting with suppliers to placing orders, as well as matching, processing and paying invoices, the acquisition of Wax transforms Medius from an accounts payable-focused solution into a product suite with full source-to-pay (S2P) capabilities.

Together, Medius and Wax Digital will provide both purchasing and finance functions a unified solution for complete control of costs, cash and compliance.

The combined modular source-to-pay (S2P) suite enables current and future customers to identify and track savings opportunities, find potential suppliers and establish optimal agreements while gaining visibility and control throughout the entire source-to-pay process.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: procurement, Medius, Wax Digital, acquisition
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce