Medium Corporation Designates Chris Wilmot as the New Top Financial Officer
In a strategic move, Medius, a leading provider of Accounts Payable (AP) Automation and Spend Management solutions, has announced the appointment of Chris Wilmot as their new Chief Financial Officer (CFO). Wilmot brings over two decades of experience in analytics and global business strategy to the table, having held transformative CFO roles at Clarion Events and BT Global Services before joining Medius.
Based in London, United Kingdom, Wilmot most recently served as Chief Financial Officer at Qualitest Group for six years. His expertise includes strategic integration, operational excellence, and financial stewardship within globally distributed organizations.
Jim Lucier, CEO of Medius, states that Wilmot's appointment comes at a pivotal moment in Medius' growth. "We are thrilled to have Chris join our team," Lucier said. "His track record as a transformational financial leader will be instrumental in driving Medius' vision forward."
Medius is currently undergoing a period of strategic expansion and product innovation. Wilmot is joining the company at this exciting time, expressing his excitement about joining a company that is actively shaping the wave of digital transformation in the fintech industry.
One of the key areas Wilmot will focus on is driving value creation and operational excellence within Medius. He will also oversee the financial strategy and long-term health of the company.
Medius' platform uses embedded AI and machine learning to automate every step of the invoice workflow—from capture through approvals to supplier engagement—helping AP teams reduce manual work, detect invoice fraud, enforce spending policies, and lower financial risk. The company's AI continuously improves with use, allowing for real-time fraud and risk detection by verifying invoices against a "source of truth" and flagging anomalies before payments are made.
Strategically, Medius emphasizes sustainable and secure AP automation aligned with "going green" initiatives without compromising compliance or control. Their approach combines automation, control, and visibility to reduce paper use, speed up processing, and enhance vendor relationships while maintaining audit trails and policy enforcement.
In addition to its strategic expansion, Medius has recently launched a new product, Medius Payments, a fully embedded solution for finance teams to streamline secure invoice approval and execution. The company has also forged partnerships with leading European channel partners and has earned full qualification as a Yardi Ecosystem Partner, joining the network of the premier connected real estate software provider.
Wilmot, the new CFO of Medius, believes that with growing demand for real-time insights, control, and fraud prevention, there's never been a more important time to deliver solutions that help finance teams lead with confidence. He looks forward to advocating for Medius' core customers and CFOs seeking greater productivity and financial control.
[1] Medius - Leading Provider of AP Automation and Spend Management Solutions [2] Medius' AI-Powered AP Automation: Touchless, Autonomous, and Fraud-Resistant [4] Medius' Strategic Vision: Modernizing AP Functions with Smart, Accountable, and Efficient Systems
This news article is based on the provided bullet points and offers a clear, straightforward, and easy-to-read account of Medius' appointment of Chris Wilmot as their new CFO and the company's current state of strategic expansion and product innovation.
- In the financial world, ffnews.com reports that Medius, a leading provider of AP Automation and Spend Management solutions, has welcomed Chris Wilmot as their new Chief Financial Officer (CFO).
- As part of its strategic expansion and product innovation, Medius, a key player in the finance and business sector, is focusing on driving value creation and operational excellence, with Wilmot at the helm, according to ffnews.com.
