IBS Enters into Strategic Partnership with Medius AB to Offer Workflow and Automation Solution
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Companies Align to Offer Customers Powerful Workflow Capabilities
STOCKHOLM, Sweden, March 1, 2012 - International Business Systems (IBS), a global leading integrated ERP and supply chain provider, today announced that it has entered into a strategic partnership with Medius, to provide the latest innovative workflow tools to IBS enterprise customers.
"Medius is known for its world-class workflow solutions with Mediusflow(TM), its complete workflow platform, and this partnership provides IBS customers with the ability to optimize, automate and reduce business process costs, as well as improve efficiencies throughout IBS Enterprise," said Christian Paulsson, acting chief executive officer and chief operating officer. "Medius customers can also take advantage of IBS' Distribution Cloud Solutions for lower IT cost, reduced business risk, faster time to value and greater flexibility."
The strategic partnership is comprised of three major components, which includes a jointly developed interface between Mediusflow(TM) and IBS Enterprise, to ensure seamless workflow processes for key business processes; replacing IBS A/P Workflow(TM) with Medius' robust procure-to-pay workflow solution; and providing IBS customers with a workflow tool to support different modes of delivery, including web, email and mobile devices. IBS will continue to support current installations of IBS A/P Workflow through 2015.
The Mediusflow product will be part of IBS consulting services product portfolio and allows IBS customers to better manage approval processes to reduce costs, improve accuracy and strengthen internal controls.
The IBS cloud offering is a subscription-based license model that leverages a shared, virtualized infrastructure for on-demand offerings and can also be extended to IBS' mobility solution.
"Customers interested in combining the power of one of the top ERP suppliers along with one of the most robust workflow and automation systems in the market should look no further than the product offered through this partnership," said Per Nordling, chief executive officer, Medius. "Our combined technical effort and integration will surely help to build a stronger link between the transaction-based nature of an ERP system and the process-based character of a workflow solution."
About IBS
Stockholm-based International Business Systems (IBS) is a leading global integrated ERP and supply chain provider. Thousands of customers in over 40 countries rely on IBS for world-class solutions to drive dramatic improvements in their operations. IBS operates Dynaman, an advanced warehouse management solution and Bookmaster, a leader in ERP technology for publishing. For more information, contact www.ibs.net.
About Medius
Medius was founded in Sweden in 2001 and provides leading business support that simplifies and streamlines business processes. Medius' services and solutions are based on its proprietary workflow platform Mediusflow(TM). Mediusflow(TM) enables companies to quickly move from concept to solution in order to automate and optimize business processes that often are outside of the ERP system's capacity. Currently, over 700 customers are enjoying the benefits of fully automated workflow solutions through Mediusflow(TM). Today Medius is established in a number of markets worldwide and maintains strong growth under controlled conditions and controlled profitability. For more information, contact www.medius-group.com.
