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MineralTree

A web-based automated payment solution designed by MineralTree.
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MineralTree streamlines the entire end-to-end AP process, rather than just individual components.

MineralTree is a cloud-based accounts payable automation solution for finance professionals that streamlines the end-to-end process of invoice processing and payments. MineralTree provides visibility and significant cost savings in an affordable, integrated and secure platform. Additionally, businesses are able to improve command over cash flows by earning rebates and cash back rewards by processing vendor payments on virtual cards or their own corporate credit card. For all electronic payment methods, remittance details are automatically sent to vendors.

Automatic bi-directional sync with customer bank accounts and commonly used accounting systems, including NetSuite, QuickBooks, Microsoft Dynamics GP, Sage Intacct, Sage 50, and Xero. End-to-end online workflow enables paperless accounting processing, a centralized repository of all records, and clean audit trails. Duplicate invoice detection prevents the time-consuming mistake of processing and paying invoices twice. Built-in payment controls, including segregation of duties, dual-factor authentication, and tokenization, prevent customers from both internal and external fraud. Automated Purchase Order (PO) Matching streamlines the process of matching invoices to their respective POs. Automatic Discount Application simplifies the process of managing all vendor early-pay deadlines to ensure companies are capitalizing on all potential revenue.

Video Overview

Target Market

  • Mid-market companies that process 100 to 10,000 vendor payments/month.
  • Fast-growing companies looking to increase accounts payable efficiency without adding headcount
  • Companies with 20-500+ employees

Pricing

  • Subscription-based pricing (SaaS)
  • Starts at $200/month
  • Priced per transaction
  • No free trial available

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