Summary
This case study outlines the implementation of Medius AP Automation at ICONIX Waterworks, a distributor of water and wastewater products. Prior to adopting Medius, ICONIX relied on a manual accounts payable (AP) process that involved significant paperwork, including the handling of invoices through mail and courier services. This system was inefficient, leading to increased costs and workforce challenges. The transition to Medius allowed for the digitization of invoices, streamlining workflows and reducing manual tasks. The implementation was completed on schedule, enabling staff to receive adequate training before going live. The results included processing over 140,000 invoices per year with improved efficiency, reduced overtime, and enhanced employee satisfaction. Additionally, the company experienced significant savings on printing and postage costs. The case study concludes with a recommendation for Medius, highlighting its benefits for both large and small companies, and notes ICONIX's interest in exploring further solutions from Medius.
