MineralTree TotalAP
About MineralTree TotalAP
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.
Key benefits of MineralTree TotalAP
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Reviews
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- Industry: Retail
- Company size: 11–50 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Best Financial Program!
Reviewed on 2018/12/12
Pros
This program makes it easy to draw up invoices!
Cons
No issues thus far, but will update when and if i do
- Industry: Investment Management
- Company size: 11–50 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Best paperless processing
Reviewed on 2020/08/07
During the recent pandemic, it was a huge plus that I could still pay anyone virtually, even if the...
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.
- Company size: 501–1,000 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Timesaving
Reviewed on 2016/07/13
Mineral Tree is a huge time saver and really cuts down on the need for filing paperwork, having to...
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.
- Industry: Retail
- Company size: 1,001–5,000 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Slashing Time
Reviewed on 2016/06/21
We started using MineralTree hard and fast. We utilized the multiple review & approval process, the...
We started using MineralTree hard and fast. We utilized the multiple review & approval process, the document capture and nearly every payment method possible. We saved time being able to pull documents for audit with the great search feature. This used to be time consuming searching in filing cabinets. The payment process saves time where we used to print manual checks, stuff the envelopes and then attach the bill stub to be filed. Now it is at the push of the button. So many of my vendors have commented how they appreciate the email remittance that is sent out with each payment. Then things amped-up when Invoice Automation rolled out. This cut processing time in half.
Pros
The ability to capture and retain documents for review and recovery has been a wonderful resource. Being able to streamline the review, approval, and payment process with such ease has made the accounts payable process mobile which works great with our company. Most of all the continued improvement of the software impresses me. MineralTree continues to strive to fill gaps and provided services that directly benefit the A/P process .
Cons
There is still an opportunity to solve the issue of vendors that require an additional document be included with a payment. These payments are currently still done manually outside of MineralTree.
Response from MineralTree
Thanks for taking the time to review MineralTree, Kristi! Later this year you will see enhancements to our vendor remittance emails allowing you to attach additional documentation.
- Industry: Internet
- Company size: 51–200 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Very effective and highly functional platform
Reviewed on 2016/11/10
I think the MineralTree product configuration is very logical, with sound separation of the...
I think the MineralTree product configuration is very logical, with sound separation of the different fiscal management responsibilities, vendor and invoice processing controls, and payment disciplines. In that much of our staff works remotely, MineralTree offers our multiple users an easy to navigate platform that readily allows them to focus on their part in the process for entering, approving, and paying vendor invoicing activity. The process workflow is very straightforward, offering a range of (invoice) in-process management tools and reporting options to keep each of the individual users well informed throughout the transaction cycle. While I have only interacted with their customer support staff on a few occasions, they were very prompt and thorough in responding back to my requests. Transactional history is readily accessible through a variety of different reporting and visualization options, offering a full range of accounting and financial management alternatives for tracking our Company's activity. I would recommend the MineralTree platform to other organizations looking to simplify the cash disbursements cycle in their Company, particularly those working in decentralized approval environments.
Pros
Configuration is very logical, with sound separation of the different fiscal management responsibilities, vendor and invoice processing controls, and payment disciplines.
Great for remote or decentralized staffing environment
Process workflow is very straightforward
Thoughtfully designed in-process management tools and reporting options
Customer support staff have been very prompt and thorough
Cons
May create some process flow challenges for smaller staffed organizations that may lack the staff leveling opportunity for the different authorization and approval levels built into the platform. I think this can be readily addressed in the approach you take to defining how the process flow will work within your unique operating group.
Response from MineralTree
Patrick, we appreciate your review and are so happy to hear you would recommend MineralTree!
MineralTree TotalAP FAQs
Below are some frequently asked questions for MineralTree TotalAP.Q. What type of pricing plans does MineralTree TotalAP offer?
MineralTree TotalAP offers the following pricing plans:
- Starting from: US$5,000.00/year
- Pricing model: Subscription
- Free Trial: Not Available
Q. Who are the typical users of MineralTree TotalAP?
MineralTree TotalAP has the following typical customers:
2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does MineralTree TotalAP support?
MineralTree TotalAP supports the following languages:
English
Q. Does MineralTree TotalAP support mobile devices?
MineralTree TotalAP supports the following devices:
Q. What other apps does MineralTree TotalAP integrate with?
MineralTree TotalAP integrates with the following applications:
Blackbaud Financial Edge NXT, Dynamics 365 Business Central, NetSuite, Oracle E-Business Suite, Oracle PeopleSoft, QuickBooks Enterprise, QuickBooks Online, QuickBooks Online Advanced, SAP Business One, Sage 100, Sage 50cloud Accounting, Sage Intacct, Sage X3, Xero, Yardi Voyager
Q. What level of support does MineralTree TotalAP offer?
MineralTree TotalAP offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
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