MineralTree Invoice-to-Pay

Accounts payable & payment automation

4,4 /5 (77 reviews) Write a Review!

MineralTree Invoice-to-Pay Overview

What is MineralTree Invoice-to-Pay?

MineralTree provides modern, secure, easy-to-use, end-to-end Accounts Payable and payment automation solutions that reduce costs by more than 75%, increase visibility and control, mitigate fraud and risk, while improving cash flow. More than 2,000 mid-market and mid-enterprise companies, as well as more than 25 financial institutions rely on MineralTree to digitize and optimize the entire AP Automation and Payment process, preserving control over the complete invoice-to-payment workflow, improving vendor relationships, maximizing ROI, and transforming the finance function from a cost center to a profit center.

MineralTree uses existing accounts payable workflows, so businesses don't need to change the way they operate. Key features include automatic invoice capture, advanced invoice routing, authorizations on-the-go, electronic payments, and more. Fully integrated with their ERP, users can centralize processes, improve accuracies, and increase efficiencies. With MineralTree, you can be up and running in days or weeks.

MineralTree Invoice-to-Pay Overview

Pricing

Starting from
N/A

Pricing options

Free Trial
Subscription
Value for money

MineralTree's all-inclusive approach means no user fees, transaction fees, or surprises.
Users pay a one-time fee for onboarding and training, and a fixed, monthly or annual fee that is based on the volume of invoices processed, payments made, level of automation, and terms of service.


MineralTree Invoice-to-Pay Features

Devices
Business size
S M L
Markets
United States
Supported Languages
English

Media

Automated Data Entry of Invoice
Payment Approver Dashboard
Inbox with Captured Invoices
Accounting Manager Dashboard
MineralTree Invoice-to-Pay video MineralTree Invoice-to-Pay video MineralTree Invoice-to-Pay video MineralTree Invoice-to-Pay video MineralTree Invoice-to-Pay video MineralTree Invoice-to-Pay screenshot: Automated Data Entry of Invoice MineralTree Invoice-to-Pay screenshot: Payment Approver Dashboard MineralTree Invoice-to-Pay screenshot: Inbox with Captured Invoices MineralTree Invoice-to-Pay screenshot: Accounting Manager Dashboard

MineralTree Invoice-to-Pay Reviews

MineralTree Invoice-to-Pay Reviews

Overall rating
4,4
/
5
Excellent
39

Very good
33

Average
4

Poor
0

Terrible
1

Value for Money
4,4
Features
4,3
Ease of Use
4,6
Customer Support
4,6
94% recommended this app
Josh B.

Robust product- does EVERYTHING you expect!


Kathleen L.

MineralTree Has Streamlined and Automated Our AP

Invoice-To-Pay has definitely sped up our invoice processing and allows us to spend more time to address
other job responsibilities. Having a paperless system has also allowed us to free up space in our office and cut down on lost invoices.


Lynn O.

Timesaving

Mineral Tree is a huge time saver and really cuts down on the need for filing paperwork, having to get checks signed and having to mail out checks.


Jennifer (miki) T.

MineralTree has assisted me by allowing me to use email less & by tracking the history of...

Better time management and a faster way to get items approved so I may pay them quickly.


Laura R.

Best paperless processing

During the recent pandemic, it was a huge plus that I could still pay anyone virtually, even if the vendor required a paper check. With everyone working remotely I am able to move everything through in a timely manner without seeing a single soul.


Josh B.
Industry: Construction
Company size: 51-200 Employees

Robust product- does EVERYTHING you expect!

Used Weekly for Free Trial
Reviewed on 2019/01/09
Review Source: Capterra

Pros

This is an amazing product- massively reduces manpower needed at every step of invoicing. Their OCR is fallible to error (as is all OCR) but they built a low-effort review step into the process that's usually handled by an admin who previously spent 10x more effort on invoicing, anyway.

The 'best' feature of this product is a 3 way tie between:
-automated workflows that automatically direct invoices to likely parties
-multi stage approvals, based on your company's spending policies
-payment method that lets your COO or CFO release as much/little money as they want, vendor by vendor

This product integrates with QuickBooks better than others I've seen.

Cons

This is a little pricey... but still worth the money. My complaint about the cost is based on the idea that this product is so efficient, management really needs to be prepared to shed headcount to justify the cost. Obviously a company serious about their bottom line will realize the value.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Kathleen L.
Industry: Consumer Goods
Company size: 51-200 Employees

MineralTree Has Streamlined and Automated Our AP

Used Daily for 6-12 months
Reviewed on 2020/08/05
Review Source: Capterra

Invoice-To-Pay has definitely sped up our invoice processing and allows us to spend more time to address
other job responsibilities. Having a paperless system has also allowed us to free up space in our office and cut down on lost invoices.

Pros

I love that MineralTree has allowed us to become a paperless system which also allows us to cut back on errors and missing invoices. We moved from NetSuite to MineralTree which also provided a faster way to process an invoice. With just a quick review and a few clicks the invoice is processed and ready for payment.

Cons

I don't like that the software adds purchase orders for a vendor that have been received but have nothing to do with the invoice. I also don't like that the software adds new purchase orders even if a purchase order is already assigned to the invoice.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Lynn O.
Company size: 501-1 000 Employees

Timesaving

Used Daily for 6-12 months
Reviewed on 2016/07/13
Review Source: Capterra

Mineral Tree is a huge time saver and really cuts down on the need for filing paperwork, having to get checks signed and having to mail out checks.

Pros

Not having to file invoices and mail out checks.

Cons

The inability to make certain changes once an invoice has been posted.

Response from MineralTree

Lynn, thanks so much for your review! For Intacct users, the only invoice field that cannot be modified after posting to Intacct is the GL posting date. In the coming weeks we will be updating our sync capabilities, at which point we will be able to support changes to that field as well. Should you have any questions about field updates, please contact MineralTree support at 855-672-9669.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 8.0/10

Jennifer (miki) T.

MineralTree has assisted me by allowing me to use email less & by tracking the history of invoices.

Used Daily for 6-12 months
Reviewed on 2018/03/27
Review Source: Capterra

Better time management and a faster way to get items approved so I may pay them quickly.

Pros

I like that I may use it with Intacct fairly efficiently. My emails have gone down exponentially since we added MineralTree last year. With so many people offsite, plus with certain in-house authorizers known to lose paperwork, digital was the way to go. However, by using email to send invoices and get the approvals back, I felt like all I did was babysit my A/P email all day, not to mention that I had to stalk some people who simply refused to address the emails. Now I can have most invoices sent by email to my invoice reader account, which drops into MineralTree. I can access it ASAP, or let it read it. If the vendor has one approver, that's set up too, hence cutting down a lot of time attempting to get a simple code and approve done. Truly a time saver.

Cons

There are times I get shuttled into places I didn't attempt to go to, so the system will begin filling in account codes, the wrong approver, etc. Other times I sit waiting for my screen to move, which takes away some of the efficiency I got back from moving things out of email. About 30% of the time, I have to kill the tab, sign back in, and start over. There are times it's my fault because I clicked on something too quickly, but sometimes it just "happens". Glitches are fairly frequent compared to Intacct.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 8.0/10

Laura R.
Industry: Investment Management
Company size: 11-50 Employees

Best paperless processing

Used Daily for 2+ years
Reviewed on 2020/08/07
Review Source: Capterra

During the recent pandemic, it was a huge plus that I could still pay anyone virtually, even if the vendor required a paper check. With everyone working remotely I am able to move everything through in a timely manner without seeing a single soul.

Pros

The software was a snap to set up and use with QBO. Approvals are tracked, many less emails, and best of all there is no longer a need to file any paper records. Not seeing the stacks of filing to be done is the best feeling in the world.

Cons

There were many glitches in the beginning as the Mineral Tree team learned what was needed from our end. I still have some open issues from 2 years ago that they cannot solve, so it has become a work around on my side. Not a deal breaker. Credit memo application cannot be done within this software so that is an extra step. If we were a larger company, I would be hesitant about how much time I would have to babysit the process as there are many places where invoices could become trapped and not paid in a timely manner.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

User recommendation
9/10
Based on 77 user ratings
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MineralTree Invoice-to-Pay Pricing

MineralTree Invoice-to-Pay Pricing

Starting from
N/A
Free Trial
Subscription
Value for money

MineralTree's all-inclusive approach means no user fees, transaction fees, or surprises.
Users pay a one-time fee for onboarding and training, and a fixed, monthly or annual fee that is based on the volume of invoices processed, payments made, level of automation, and terms of service.

MineralTree's all-inclusive approach means no user fees, transaction fees, or surprises.
Users pay a one-time fee for onboarding and training, and a fixed, monthly or annual fee that is based on the volume of invoices processed, payments made, level of automation, and terms of service.

Value for Money
4,4/5
Based on 77 user ratings
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MineralTree Invoice-to-Pay Features

MineralTree Invoice-to-Pay Features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Compliance Management
Customizable Reporting
Data Import/Export
Electronic Payments
Expense Tracking
Financial Analysis
Invoice Management
Invoice Processing
Multi-Currency
Real Time Data
Reporting & Statistics
Third Party Integration
Workflow Management
Features
4,3/5
Based on 77 user ratings
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Categories

Additional information for MineralTree Invoice-to-Pay

Additional information for MineralTree Invoice-to-Pay

Key features of MineralTree Invoice-to-Pay

  • API
  • Accounts Payable Automation
  • Approval Process Control
  • Cash Management
  • Fraud Detection
  • Fraud Protection
  • Invoice Approval
  • PO Matching for NetSuite
  • Payment Approval
  • Payment Automation
  • Process Control
  • Purchase Orders

Benefits

  • Gain greater control of costs through improved transparency visibility into spend.

  • Save money & make money by performing everyday invoice to payment operations more efficiently.

  • Reduce risk/fraud through increased visibility and avoiding/eliminating duplicate or late payments.

  • Eased audit & certification process for meeting compliance obligations.

  • Greater working capital optimization and cash flow management through management of DPO, discounts, and payment methods, along with cash back rebates.

  • MineralTree Invoice-to-Pay FAQs

    MineralTree Invoice-to-Pay FAQs

    Below are some frequently asked questions for MineralTree Invoice-to-Pay.

    Q. What type of pricing plans does MineralTree Invoice-to-Pay offer?

    MineralTree Invoice-to-Pay offers the following pricing plans:

    Pricing model: Subscription

    Free Trial: Not Available

    MineralTree's all-inclusive approach means no user fees, transaction fees, or surprises. Users pay a one-time fee for onboarding and training, and a fixed, monthly or annual fee that is based on the volume of invoices processed, payments made, level of automation, and terms of service.

    Q. What are the main features of MineralTree Invoice-to-Pay?

    MineralTree Invoice-to-Pay offers the following features:

    • API
    • Accounts Payable Automation
    • Approval Process Control
    • Cash Management
    • Fraud Detection
    • Fraud Protection
    • Invoice Approval
    • PO Matching for NetSuite
    • Payment Approval
    • Payment Automation
    • Process Control
    • Purchase Orders

    Q. Who are the typical users of MineralTree Invoice-to-Pay?

    MineralTree Invoice-to-Pay has the following typical customers:

    Small Business, Large Enterprises, Public Administrations, Non Profit, Mid Size Business

    Q. What languages does MineralTree Invoice-to-Pay support?

    MineralTree Invoice-to-Pay supports the following languages:

    English

    Q. What type of pricing plans does MineralTree Invoice-to-Pay offer?

    MineralTree Invoice-to-Pay has the following pricing plans:

    Subscription

    Q. Does MineralTree Invoice-to-Pay support mobile devices?

    We do not have any information about what devices MineralTree Invoice-to-Pay supports

    Q. What other apps does MineralTree Invoice-to-Pay integrate with?

    MineralTree Invoice-to-Pay integrates with the following applications:

    Microsoft Dynamics GP, NetSuite, NetSuite OneWorld, QuickBooks Online, QuickBooks Online Advanced, Sage Intacct, Xero

    Q. What level of support does MineralTree Invoice-to-Pay offer?

    MineralTree Invoice-to-Pay offers the following support options:

    FAQs, Online Support, Phone Support, Knowledge Base, Video Tutorials