JACKSONVILLE, Fla., April 30, 2024 /PRNewswire/ — Medius, a leading global provider of cloud-based accounts payable (AP) automation and spend management solutions, and SourceDay, a leading supply chain collaboration platform transforming procurement, have announced their official partnership. The collaboration brings unparalleled operational efficiency and control to the Procure-to-Pay (P2P) cycle for discrete manufacturers and distributors worldwide.

By combining SourceDay’s best-in-class supplier engagement and purchase order (PO) lifecycle capabilities with Medius’ advanced AI-driven invoice management solutions, this partnership delivers a first-of-its-kind alliance for optimizing end-to-end P2P performance.

Benefits of the combined Medius and SourceDay solution include:

• Highest industry PO matching through 100% ERP data accuracy and advanced 3-way match rates yields fully autonomous, touchless invoice processing for both PO and non-PO invoices.
• Up to 80% efficiency gains for buyers through streamlined supplier collaboration, enabling up to 96% on-time delivery and scale without adding headcount.
• Up to 99.7% autonomous invoice processing of PO-backed invoices; up to 94.9% Autonomous Processing of non-PO invoices, eliminating manual intervention.
• Anomaly detection capabilities enhance fraud prevention and fill gaps in existing processes, establishing a more secure and reliable financial operation.
• Real-time notifications within workflow environments reduce platform-switching for buyers, enhancing operational efficiency.

“At Medius, we’re dedicated to empowering our customers with the best-in-class solutions, and our collaboration with SourceDay does exactly that,” said Jim Lucier, CEO of Medius. “One of the goals of any finance organization is having better supplier relationships that allow the business to get materials on time and then pay for them with minimal impact on the business. That’s what this partnership is all about.”

“Our partnership with Medius represents an unprecedented step forward in improved efficiency throughout the PO lifecycle to payment, helping customers achieve a higher level of operational and financial performance,” stated Tom Kieley, CEO of SourceDay. “The SourceDay and Medius collaboration not only optimizes procurement and payment processes, but significantly strengthens both supplier performance and reliability and reduces risk, setting the new standard for supply chain excellence and financial transparency in the industry.”

“SourceDay’s collaboration with Medius creates a significant advancement in direct material procure-to-pay,” said Xavier Olivera, Senior Analyst, Spend Matters. “This strategic partnership is poised to enhance accuracy and speed in managing the purchase order lifecycle, ensuring accurate, up-to-date ERP data, better on-time delivery, and more precise invoicing and alignment with final purchase orders for fully autonomous invoice processing. Especially advantageous for organizations in industries dealing with direct material, this collaboration amplifies operational efficiency and accuracy.”

The SourceDay and Medius partnership is now active, with solutions available to all current and prospective customers. For more information, please visit medius.com or sourceday.com.

For more information, please contact:
Dan Bird, Fight or Flight for Medius
[email protected], +44 7885 670798 / [email protected], +44 330 133 0985

Amy Crow at SourceDay, [email protected]

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• Develops insurance and banking industry cloud solutions
• Offers detailed financial transformations that include managed services
• Shares information on future projects, services and implementation and transformation strategies 

LONDON, April 30, 2024 /PRNewswire/ — The EY organization today announces an alliance between SAP Fioneer, a world-class software solution provider for financial services, and EY ifb SE to help facilitate software selection, business transformation, training and change management in the financial services industry.

With new tech-enabled market entrants to the financial services industry, the need to roll out large-scale financial transformations in the next decade is expected to increase. In addition, the modernization of finance functions continues to impact customers and clients. The EY–SAP Fioneer Alliance will help develop flexible commercial business models and industry-specific cloud solutions like the EY organization’s global insurance industry cloud initiative.

The EY–SAP Fioneer Alliance focuses on banking and insurance solutions and offerings for the CFO in areas such as financial products subledger, financial control, insurance collections and disbursements and sustainability solutions.    

Daniel Ruschmeier, EY–SAP Fioneer Alliance Leader at EY ifb SE, says:

“Through the EY–SAP Fioneer Alliance, EY teams are positioned to continue help strengthen the financial landscape through market finance transformations and industry cloud solutions. Furthermore, the established working relationships between SAP Fioneer’s global team and EY teams serve as a catalyst in the Alliance’s focus on joint solutions, implementations and engagements.”   

Christian Jaeger, SAP Fioneer Global Partner Management, says:

“Collaborations are a key component of SAP Fioneer’s DNA, and the EY-SAP Fioneer Alliance builds on years of successful work together on joint customer projects. We are committed to working closely with EY teams to bring about sustainable and impactful change in the financial services industry.”

For more information, visit ey.com/alliances.

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

About SAP Fioneer

SAP Fioneer was launched in 2021 as a joint venture between global technology leader SAP and entrepreneurial investor Dediq to become the world’s leading provider of financial services software solutions and platforms.  With a broad ecosystem of partners, over 800 financial services customers and more than 1,000 employees, SAP Fioneer is a global business present in 17 countries across Europe, North and Latin America, Middle East and Asia-Pacific.

By combining the speed and agility of a start-up with the proven capabilities of a best-in-class software company, SAP Fioneer enables banks, insurance companies and challengers to run, transform and grow while meeting their need for speed, scalability, and cost-efficiency through digital business innovation, cloud technology, and solutions that cover banking and insurance processes end-to-end.

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Roborock is Rocking Life with The Garfield Movie in Theaters Near You

HONG KONG, April 30, 2024 /PRNewswire/ — Roborock, a global leader in ultra-intelligent home robotic cleaning devices today announced a collaboration with Columbia Pictures and Alcon Entertainment’s The Garfield Movie, ahead of its official theatrical release in the US on May 24, 2024. The partnership will showcase how Roborock gives Garfield the freedom to be his lazy, fun self while ensuring a sparkling clean home, highlighting how the real fun of cleaning is when you don’t have to clean at all.  

Through a multi-medium creative campaign which will include product placement in the film, a TVC, out of home, digital and social media placements, the leading entertainment franchise and robotic vacuum leader will join forces to bring their collective audiences together, highlighting how one of the world’s most beloved cats, together with his fans across the globe, can all benefit from Roborock’s suite of automated home cleaning solutions. “Rocking Life, With You” is more than just a slogan for Roborock — it embodies a way of life. By teaming up with The Garfield Movie, Roborock invites audiences to embrace the same carefree and laid-back spirit as Garfield.

From parmesan snow angels to dreaded bath time bubbles, there’s no one who likes making a mess more than Garfield. But like most homeowners, furry or not, Garfield despises the tedious job of cleaning floors. Eagle-eyed fans can look out for Roborock’s cameo appearance during the movie, as Garfield and his trusted canine sidekick Odie ride around on a Roborock robotic vacuum causing mischief and mayhem, while Roborock comes to the rescue, swiftly cleaning up their mess in no time at all. Thanks to Roborock’s hands-free, all-in-one vacuum and mop solutions, carpets and floors can stay squeaky clean, giving Garfield time back in his day to take cat naps galore, even while the vacuum is running — it’s quiet as a mouse! 

“Roborock is thrilled to be collaborating with The Garfield Movie, to give Garfield what he’s been missing in his life – a cleaning solution that frees him of his responsibilities,” says Richard Chang, Founder and CEO of Roborock. “Whether you own a cat, a dog or another animal, we can all agree that pets make a mess every now and again. Thanks to Roborock’s hassle-free cleaning solutions, pet-owners can worry less about the clean-up and more about enjoying life with their furry friends.”

The Garfield Movie comes to theaters across the world from May 1. To discover your purr-fect cleaning partner, visit https://global.roborock.com/.

About Roborock

Roborock is a leading smart cleaning brand renowned for its intelligent cleaning solutions. With a steadfast dedication to becoming a global leading smart appliance player, Roborock enriches lives with its innovative line of robotic, cordless, wet/dry vacuum cleaners, and washer-dryers. Rooted in a user-centric approach, our R&D-driven solutions cater to diverse cleaning needs in over 15 million homes across 170+ countries.  Headquartered in Beijing and with strategic subsidiaries in key markets, including the United States, Japan, the Netherlands, Poland, Germany, and South Korea, Roborock is dedicated to elevating its market presence worldwide. For more information, visit https://global.roborock.com/.

About The Garfield Movie

Garfield, the world-famous, Monday-hating, lasagna-loving indoor cat, is about to have a wild outdoor adventure! After an unexpected reunion with his long-lost father — scruffy street cat Vic — Garfield and his canine friend Odie are forced from their perfectly pampered life into joining Vic in a hilarious, high-stakes heist.

Directed by Mark Dindal. Screenplay by Paul A. Kaplan & Mark Torgove and David Reynolds. Based on the Garfield® characters created by Jim Davis. Producers are John Cohen, Broderick Johnson, Andrew A. Kosove, Steven P. Wegner, Craig Sost and Namit Malhotra. Executive Producers are Jim Davis, Bridget McMeel, David Reynolds, Scott Parish, Carl Rogers, Tom Jacomb, Crosby Clyse, Chris Pflug, Simon Hedges, Louis Koo, Steve Sarowitz and Justin Baldoni.

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