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About MineralTree

MineralTree provides easy-to-use accounts payable (AP) and payment automation solutions for finance professionals at mid-market companies. They offer two solutions for AP departments looking to modernize processes, gain greater security and control, and contribute to their company’s bottom line.

MineralTree Invoice-to-Pay is designed for businesses making 50 or more payments per month that use NetSuite, Intacct, QuickBooks, Microsoft Dynamics GP, or Sage 50. By using MineralTree, businesses can automate the four phases of invoice and payment processing. Invoice information is automatically extracted and then routed for approval. Approved invoices can then be aged and paid directly from your business’s bank account.

MineralTree FlexPay is designed for businesses making 500 – 10,000 payments per month that need to automate the payment process. With FlexPay, you can make a high volume of payments quickly and securely, while maintaining strict controls around payment execution using their choice of payment rails.

For both Invoice-to-Pay and FlexPay, checks and ACH payments are issued directly from the company’s bank account. Commercial and virtual card payments are sent to enrolled vendors and are eligible for rebates and cash back. MineralTree can also send electronic remittance details to vendors on your behalf.

Businesses using MineralTree have reduced time spent on the accounts payable and payment process by 70 percent, on average. MineralTree includes advanced payment security features such as two-factor authentication, two-factor payment verification, and payment limits. By using these features, MineralTree guarantees protection against online payment fraud, and losses are covered up to $100,000 per year.

To browse and compare more accounting solutions, use our Product Selection Tool. Have questions? Call, click, or email to get a free consultation from one of our unbiased Technology Advisors.

(Last updated on 09/30/2016)

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MineralTree User Reviews

Average User Rating

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1
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Stephanie E.

rinehimerbaker LLC


Love Mineral Tree!

Overall
Ease of Use
Functionality
Price
Support
Reviewed on October 17, 2016

What do you like best about this product?

We use Mineral Tree for our firm and for our clients – it saves us so much time in processing payables! Our clients are used to scanning invoices to send to us so it was a snap to get them to send it to the Mineral Tree email instead. We process the invoices, code them, Mineral Tree automatically syncs to Intacct and then our clients can easily scan their bills, decide what to pay and approve it.

What could be improved about this product?

Mineral Tree made some improvements earlier this year, streamlining the process so it\’s much easier, less clicks to get the job done.

What was your main concern about buying this software?

Maintaining multiple clients, keeping confidentiality, limiting approval of payments and Mineral Tree has handled all of that well.

How likely would you be to recommend this software to a friend or colleague?

10/10

Do you use this product?

Share your insight by leaving a review.


Product Quick Facts
Industry Specialties
All Industries

Screenshots


MineralTree_Approver_PmtsTabmineraltree_am_invoicestabMineralTree_Approver_DashboardMineralTree_AM_Dashboard