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Sandvik re-engineers procurement and finance operations with Medius

Wednesday 31st March, 2021

Sandvik Material Technology has selected the Medius Spend Management suite to support improved efficiency and control of procurement processes throughout the organisation.

Sandvik Material Technology a business area of global engineering group Sandvik, a world-leading developer and manufacturer of advanced stainless steel and special alloys, with operations across the world.

The signed agreement with cloud-based spend management solution provider Medius includes solutions to support the organisation throughout the entire procurement process including sourcing, contract management, purchasing, supplier management, and accounts payable.

Viktoria Norwald Procurement Project Manager at Sandvik Material Technology said, “We had different, non-integrated, processes and systems in place across the business area and lacking system support in some cases. We needed a solution that could help us introduce one efficient, standardised process across the organisation.”

Medius CEO, Per Åkerberg said, “The agreement with Sandvik Material Technology is a great testament of our ability to support businesses with easy-to-use solutions throughout the entire source to pay process. We are looking forward to working closely with the Sandvik team to support their journey towards more efficiency and control.”

Sandvik Material Technology joins a community of nearly 4,000 companies using Medius Spend Management solutions today.

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