Medius Pay helps Coastal Construction manage payments in a single automated solution
As a large distributor of sealants and fire protection products, Coastal depends on hundreds of vendors. Manual processes were slowing down “the last mile” in the AP department until Coastal discovered Medius Pay.
Medius Pay success story
Background on Coastal Construction and their set-up
— Website: coastalconstruction.com
— Industry: Building Materials
— ERP: Microsoft Dynamics AX
— Country: USA
— Solutions used: Medius Pay
Benefits of Medius Pay
— Creates a revenue stream from cash back on AP spend through virtual card payments
— Offers continuous support with best-in-class service when needed
— Connects to Coastal’s existing bank accounts
Background on Coastal Construction and their set-up
— Website: coastalconstruction.com
— Industry: Building Materials
— ERP: Microsoft Dynamics AX
— Country: USA
— Solutions used: Medius Pay
Benefits of Medius Pay
— Creates a revenue stream from cash back on AP spend through virtual card payments
— Offers continuous support with best-in-class service when needed
— Connects to Coastal’s existing bank accounts
Who is Coastal Construction?
Coastal Construction is one of the largest independent distributors of sealants, waterproofing and fire protection products in the US.
What was the challenge?
In “the final mile” of AP, manual payments were causing delays and threatening supplier relationships that were integral to the success of Coastal’s business.
How did we help?
Medius replaced convoluted workflows with a modern platform that allows Coastal to manage ePayments from anywhere, on any device.
Introduce peace-of-mind into your payment processes
We have no complaints about working with Pay. We would recommend them to anyone seeking a solution for electronic payments.
David Sheffield, CFO
Coastal Construction Products
Medius Pay helped Coastal Construction increase the speed and efficiency of processing payments
Since 1975, Coastal Construction has grown to become one of the largest independent distributors of sealants and fireproofing materials in the US. Its product line includes a vast array of waterproofing materials, coatings, safety equipment and tools.
Knowing that solid vendor relationships were integral to its continued success, Coastal wanted to improve its invoice processing and payment system. Learn how Medius Pay streamlined Coastal’s payment system and gave the AP department better control of cash flow and approvals.
Positioned for success:
Coastal discovered a better way to pay its suppliers using Medius’ fully automated payment solution. With visibility into when and if payments have been made, Coastal is better equipped to manage expenses and control cashflow.