Le Lézard
Classified in: Science and technology, Business
Subjects: PDT, JVN

Open ECX announces partnership with Medius to offer enhanced AP automation capabilities


MANCHESTER, England, May 1, 2024 /PRNewswire/ -- Following its recent launch into the channel market, leading e-trading solutions and Accounts Payable (AP) automation software provider, Open ECX, has announced a new partnership with Medius to provide their enhanced suite of advanced AP automation solutions. Open ECX's statement reconciliation functionality together with Medius's AP automation and fraud detection offerings offer organisations the ability to automate time consuming, error prone manual processes.

The collaboration will see Open ECX's statement reconciliation functionality providing a true end to end automation for businesses looking to enhance their Accounts Payable (AP) automation and compliance levels.

Matt Rhodus, VP of Business Development & Strategic Initiatives at Medius, commented: "The partnership with Open ECX fills a void in our product offering with a statement matching and reconciliation solution that integrates with Medius's AP automation platform. The expertise that the Open ECX team has in industries like construction means that customers get even more operational efficiencies in their financial operations."

Open ECX is a leading provider of integrated business solutions, including e-trading, statement reconciliation and AP automation, and a pioneer in the P2P space. Its suite of products are designed to enhance operational efficiency and streamline AP processes through seamless integration, automation and innovative technologies, and are compatible with most finance systems used across a multitude of industries and use cases.

Charles Robinson, CCO, Open ECX commented: "At a time when businesses are demanding much more from their finance automation solutions, we're delighted to be partnering with Medius. Our evolving suite of products have been designed to help finance leaders automate all transactions, while integrating seamlessly into their existing systems and processes. When combined with the power of Medius' solutions, the partnership will add huge value to customers who are looking to take advantage of holistic, automated AP systems."

For press information, interviews and images please contact the Open ECX press office:
Sara Donnelly: [email protected]  T: 07495 090385
Clare Wall: [email protected]  T: 07974 161127

For more information visit:  www.openecx.com 

For more information from Medius, please contact:
Francesca Cahill (EMEA) at Fight or Flight, [email protected] / [email protected] +44 330 133 0985

For more information visit: www.medius.com 

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

https://news.cision.com/medius/r/open-ecx-announces-partnership-with-medius-to-offer-enhanced-ap-automation-capabilities,c3971365

 


These press releases may also interest you

at 09:55
Lobe Sciences Ltd. ("Lobe" or the "Company") , a biopharmaceutical company focused on developing transformative medicines to treat rare diseases and Clearway Global, LLC ("Clearway"), a wholly owned subsidiary of Sancilio & Company ("Sancilio"), a...

at 09:55
AmorChem II Fund L.P. (''AmorChem'') is delighted to announce that its RNA Zipcode delivery program has been acquired by Kodikaz Therapeutic Solutions, Inc. (''Kodikaz''), a New York City biotech focused on targeted delivery of cancer therapeutics....

at 09:53
The new service Prehost.com reveals the true performance of web hosting services. Using data from real user visits on over 17 million of the most popular websites, Prehost offers reliable benchmarks focused on the key speed parameter ? TTFB (Time to...

at 09:50
Insight Enterprises is playing a key role in testing next-generation devices equipped to take full advantage of the new AI-featured Windows operating system update announced Monday by Microsoft. Insight will be among the first to adopt Windows-based...

at 09:50
AEGIS CTA, LLC ("AEGIS Hedging") a CFTC-regulated subsidiary of AEGIS Hedging Solutions ("AEGIS") and hedge advisor to companies exposed to commodity price risk has been named Hedge Advisor of the Year for the eighth consecutive year at the 2024...

at 09:47
The Shaw Prize in Astronomy is awarded to Shrinivas R KulkarniGeorge Ellery Hale Professor of Astronomy and Planetary Science, Division of Physics, Mathematics and Astronomy at the California Institute of Technology, USA  for his ground-breaking...



News published on and distributed by: