Medius Integrates Avalara AvaTax for Real-Time Tax Verification in AP Automation
Medius, an accounts payable automation provider, has integrated Avalara's AvaTax indirect tax determination service into its Medius AP Automation platform. This integration allows businesses to verify U.S. sales and use taxes on invoices before they are posted to the ERP system. The solution recalculates vendor-charged tax during the approval workflow, flagging discrepancies such as overcharges or undercharges automatically. The integration aims to reduce errors in tax application across thousands of jurisdictions by verifying each invoice line-by-line within Medius' existing AP process. Gary Hall, Chief Product Officer at Medius, emphasized that this change shifts accurate tax determination upstream into the approval step rather than after payment has been made. Avalara's General Manager for AvaTax noted that embedding their service directly in the workflow ensures greater accuracy and reduces post-payment errors. This integration is part of a broader financial compliance strategy by Medius, following recent partnerships like Thomson Reuters ONESOURCE. The solution supports existing customers using Avalara without requiring new platforms or manual reviews.
Tickers: $TRI
Topics: accounts payable automation ERP integration tax compliance