Le Lézard
Classified in: Science and technology, Covid-19 virus
Subject: TDS

Medius (Wax Digital) positioned as a Visionary in the Gartner Magic Quadrant for Procure-to-Pay Suites


STOCKHOLM, Oct. 22, 2020 /PRNewswire/ -- Medius (Wax Digital), a leading provider of spend management solutions, has been positioned by Gartner in the Visionaries quadrant of the Gartner October 2020 Magic Quadrant for Procure-to-Pay (P2P) Suites.1

The spend management specialists believe this significant achievement is down to their strong integration capabilities, best-in-class customer service, but also, because of the modern technology powering Medius solutions.

Per Åkerberg, CEO at Medius, said: "We're delighted to be recognized in Gartner's Magic Quadrant for Procure-to-Pay Suites. We think being placed as a Visionary clearly demonstrates that Medius' strategy to continuously gather and implement on customer feedback is paying off.

Åkerberg added: "But also we believe investing in our integration technology has helped our customers consolidate our best-of-breed spend management solutions with their back-office systems quickly and efficiently."

Medius' solutions are built from the ground up with modern technology, allowing the spend management provider to rapidly develop and deploy innovative features based on customer feedback. They believe this has been essential to its success.

Daniel Saraste, SVP Product Strategy of Innovation said: "We've listened very carefully to our customers' needs as we develop our spend management suite. As such, we spent a great deal of time investing in our support for direct material procurement and invoice processing.

Saraste added: "We believe this is what our customers need, and as such, we think we've delivered a solution that enables best-in-class efficiency and control throughout the spend management journey supporting procurement and finance teams alike."

Åkerberg is upbeat about Medius' future, even as the world grapples with the COVID-19 pandemic. He said: "To us, to be placed in the Gartner Magic Quadrant, as the world struggles with coronavirus, is a significant acknowledgement - and I couldn't be prouder of my team.

He added: "But, I think it also sends a clear message to our customers and prospects. We will continue to prioritize their needs with innovative and customer-centric solutions.

"Medius remains a great place to do business."

[1] Gartner, "[Magic Quadrant for Procure-to-Pay Suites]," [Kaitlynn Sommers, Micky Keck, William McNeill, Tim Faith)], [19th October 2020].

Gartner Disclaimer:

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

For more information: 
Thomas Müllertz
CMO
Medius
[email protected]

Per Åkerberg
CEO
Medius
[email protected] 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/medius/r/medius--wax-digital--positioned-as-a-visionary-in-the-gartner-magic-quadrant-for-procure-to-pay-suit,c3221129

 

 

SOURCE Medius


These press releases may also interest you

at 06:30
The Actuators market is estimated at USD 67.7 billion in 2024 and is projected to reach USD 94.8 billion by 2029, at a CAGR of 7.0 % from 2024 to 2029 according to a new report by MarketsandMarketstm. The growth can be attributed to growing...

at 06:13
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") , one of the largest and most innovative solar module manufacturers in the world, today announced that since March 20, 2024, the Company has repurchased 788,178 American depositary shares...

at 06:05
AIS Healthcare, a leading provider of targeted drug delivery (TDD) and infusion care solutions, is proud to recognize March 25-31 as National Physicians Week. This week and throughout the year, we celebrate the dedication of physicians who selflessly...

at 06:02
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major...

at 06:00
G-P (Globalization Partners), the recognized leader in the global employment market, and standard bearer for industry compliance, today announced it was awarded 50 leader badges in G2's 2024 Spring Report, including Employer of Record Leader, Global...

at 05:34
Sungrow, a global leading PV inverter and energy storage system supplier, has emerged as one of the standout companies on the 2024 Fortune Asia Future 30 list. The list, which recognizes the most promising companies in Asia Pacific, is a testament to...



News published on and distributed by: