MineralTree Software


 

MineralTree is a cloud-based payment automation and invoicing system that is an ideal fit for small and midsize businesses. By integrating with NetSuite, Intacct, Microsoft Dynamics GP and QuickBooks, MineralTree allows users to maintain their existing accounting system and payment workflow while smoothing out their payment process.

Because of MineralTree’s third-party integration, users will not need to enter data twice. The system features a bi-directional sync between both systems so that all data can be safely shared between the two. If a company does not currently use an accounting system, MineralTree can stand alone as a payment processing system.

MineralTree features ways to issue payments by check, ACH​ or credit card, and automates the entire paying process once payments are approved. The system also separates user types, meaning MineralTree is optimized for the person using it, including Accounting Managers, Approvers and more.

 

MineralTree - Accounting Manager Dashboard
 
  • MineralTree - Accounting Manager Dashboard
    Accounting Manager Dashboard
  • MineralTree - Automated Data Entry of Invoice
    Automated Data Entry of Invoice
  • MineralTree - Inbox with Captured Invoices
    Inbox with Captured Invoices
  • MineralTree - Open Invoices
    Open Invoices
  • MineralTree - Payment Approval Dashboard
    Payment Approval Dashboard
  • MineralTree - Payment Review and Authorization
    Payment Review and Authorization
Supported Operating System(s):
Windows 7, Windows Vista, Windows XP, Mac OS, Linux, HP-UX, AIX, Solaris, Unix, IBM OS/400, Web browser (OS agnostic), Windows 2000, Windows 8

35 Reviews of MineralTree

 

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Software Advice Reviews (10)
More Reviews (25)

Showing 1-10 of 10

Edward from IQ BackOffice
Specialty: Accounting / CPA
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

October 2016

October 2016

Super simple to use and relieves the workload of processing

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

After using several other disbursement products, I found Mineral Tree to be extremely easy to use. We even rolled out to a client and had them using it to approve payments before we could train them officially. It was just that simple to use for the approvals and the processing. The fact that it integrates directly to the ERP and keeps payment data updated via the API means no worrying about extracts and file transfers. We just get down to the business of paying the bills.

Pros

Integration and simple interface.

Cons

Only a few UX tweaks could be drummed up to be cons - personal preferences. Not really any true cons.

Advice to Others

Review your options and check with the competitors on how you may have to handle the data extracts. With integration via API into the major systems, and an install-able integration tool on other stand alone ERP's, you'd be hard pressed to find a more streamlined, and connected solution.

 
 

Amanda from Bournes Energy
Specialty: Oil & Gas / Energy
Number of employees: 51-200 employees Employees number: 51-200 employees

October 2016

October 2016

Mineral Tree has saved many a headache!!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I love Mineral Tree! I no longer have to chase paper around the office or remember to pay a certain vendor in the future. All of this means I only have to "touch" an invoice once; which means I have time to focus on other tasks I'm assigned. My managers have transparency with regard to payables.

 
 

Mark from OndaVia, Inc.
Specialty: Manufacturing
Number of employees: 2-10 employees Employees number: 2-10 employees

October 2016

October 2016

Great product

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Saves time, provides powerful capabilities to small companies.

 
 

Meghan from NuoDB
Specialty: Software / Technology
Number of employees: 51-200 employees Employees number: 51-200 employees

October 2016

October 2016

MineralTree Review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

MineralTree is a cost effective solution for automating your AP process. We are able to send invoice approvals to managers directly through the system and it is a pretty straightforward application. We have MineralTree integrated with our quickbooks software.

Pros

I like the ease of use and without very little training it is pretty easy to get up an running and use the system. I like the approval routing features as well as the ability to upload PDF's of the invoices for review as well as having them stored electronically for our records.

Cons

We do occasionally have some issues/bugs with getting MineralTree and Quickbooks to sync regularly as they should. We typically are able to troubleshoot the problem on our own and get it resolved quickly, but it would be nice if this was a smoother integration.

 
 

Elaine from Agrivida
Specialty: Agriculture

September 2016

September 2016

Mineral Tree Time Saving

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Likes Best

The ease of the initial installation of Mineral Tree.

Likes Least

The voice communication has some limitations. It takes a few times to reach a live person.

Recommendations

Have a follow up meeting after the first month to discuss any issues.

 
 

Alex from Pluralsight, LLC
Specialty: Software / Technology
Number of employees: 1 employee Employees number: 1 employee

September 2016

September 2016

MineralTree

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Likes Best

Ease of use and implementation. Also, connects easily with bank account and ERP system.

Likes Least

Still feels like a small business so it's hard to get the updates or improvements we need on a timely basis

Recommendations

We have extensively tested and used this software and have been able to see what works and what doesn't.

 
 

Don from Jitasa
Specialty: Other

July 2016

July 2016

Love it, especially with some additional features

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Likes Best

Easy to use, great customer support. The most beneficial part is not having to cut the checks

Likes Least

Lack of mobile support/responsiveness - Add this and you'll be a very competitive product.
Better User invoice approval process - Currently users have to submit an invoice, then approve. They should be able to submit and approve in the same step.

Recommendations

Definitely streamlines our AP payment process. Eliminates paper shuffling!

  Response: MineralTree, MineralTree

Date: July 2016

July 2016

 

Thanks for your review, Don! We're working to expand our mobile support, and will keep you posted on our progress. We're also continually enhancing our invoice approval configurations, and the setting that you've suggested is high on the list.

 
 

Julie from A Place For Rover, Inc.
Specialty: Software / Technology

June 2016

June 2016

They send check so we don't have to

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Likes Best

That it syncs to our financial systems and updates customer records.

Likes Least

Sometimes it isn't timely with the syncing between systems.

Recommendations

Integration was easy and seamless for us and our customers

  Response: MineralTree, MineralTree

Date: July 2016

July 2016

 

Thanks for taking the time to review MineralTree, Julie. You'll be happy to hear that we are releasing a product update next month that will speed up the time between sync cycles.

 
 

William from A Place for Rover Inc
Specialty: Accounting / CPA

June 2016

June 2016

Review of MineralTree

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Likes Best

I appreciate the simplicity of the webpage, and the logical flow.

Likes Least

There are a lot of things that go wrong. These issues range from constant issues with synching with Quickbooks to our payee's receiving emails we have asked that they not receive.

Recommendations

I would recommend keeping a close eye on the transaction amounts and the details for each vendor.

  Response: MineralTree, MineralTree

Date: July 2016

July 2016

 

Thanks for the review, William. We are working to reduce sync errors and improve reporting so stay tuned for future product releases.

 
 

Ed from Apnea Care Inc.
Specialty: Healthcare / Social Services

November 2015

November 2015

Easy check managaement!

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

Easy to use and a great value! Works well with my QuickBooks program.

Likes Least

Software updates are a little difficult like any other program changes.

Recommendations

You have tro try it to see how easy it is to use, and see the time you save!

  Response: MineralTree, MineralTree

Date: July 2016

July 2016

 

Ed, thanks for the review! We are working to improve communication about software updates and make this as easy as possible going forward.

 
 
 
Showing 1-20 of 25

Michael from WORLD News Group
Number of employees: 51-200 employees Employees number: 51-200 employees

March 2017

March 2017

Initial Experience with MineralTree AP

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I have found the MineralTree application to be very functional in providing us an automated process to capture, approve and pay our vendor invoices. It is easy to learn, setup and begin using. As with any application, there are a few user interface and feature changes we'd like to see... but it is light years ahead of our prior process. I think MineralTree will be a very efficient and cost effective solution for us.

Pros

The combination of easy capture with the approval process. Paying the invoices in addition is just a great plus. Getting all three in one solution is going to be a big help.

Cons

I think the user interface is very plain in a few areas. The "Search" screen is very crude by today's standards though it is adequate. And while I understand the need for security, for anyone who works with the application all day the 5 minute timeout is a significant inconvenience. Complex passwords, two factor authentication are all reasonable to get logged in. However, once logged in there has to be some latitude for the customer to determine that their workstation is in a secure location and that the timeout can be increased.

Advice to Others

Only that with your integration to Intacct... I think it would be a great service for you to add the ability to pay expense reports to employees as well. You'd have to access the reports and the employee records... but the process would be identical to paying vendors. Then you'd handle all the payments from Intacct not just vendor payments.

Source: Capterra
 

Maria from CAE
Number of employees: 51-200 employees Employees number: 51-200 employees

December 2016

December 2016

Maria Hernandez

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I find MineralTree to be easy. Very complex, very easy to get around, helpful tips. Customer service is always on point when being called. The features are very helpful as well.

Source: Capterra
 

Kyle from Flagship Enterprise Center
Number of employees: 11-50 employees Employees number: 11-50 employees

December 2016

December 2016

MineralTree Review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Our company switched over to MineralTree from a regular paper to Quickbooks system. The data capture and ease of use have been a tremendous asset to saving our company time. Quit wasting time on accounts payable and get back to working on your business.

Pros

I like the data capture elements as well as an organized way to manage accounts payable.

Cons

There are a few workflow issues; however, they are all minor and have no effect on actual operating

Advice to Others

This software is for companies with relatively high invoice inflow and little time to manage that inflow.

Source: Capterra
 

Alan from Chrono Therapeutics

December 2016

December 2016

The most difficult system

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Always difficult and a challenge to use. There is little or no customer support. They force frequent changes of my password

Source: Capterra
 

Hugo from Therealreal inc
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

Needs a little work

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Some features like split approval should be considered. Rerouting and partial approval can be helpful. Rest is very slick.

Source: Capterra
 

Paige from The RealReal
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

Easy to use, missing some features

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Mineral Tree was easy to connect to Netsuite and I like the real time sync. Their reporting is a little limited, ie can't run a report on your own to see all invoices pending review by a certain employee. There have been a few bugs that need fixing, but Customer Service is always available to help.

Pros

Easy connection to Netsuite, bills sync in 10 min.

Cons

Still making improvements to the software, limited reporting.

Source: Capterra
 

Kelly from The RealReal, Inc.
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

Mineral Tree Review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I like the connection to NetSuite and being able to view the invoice in NetSuite. I would like to see a reporting option in Mineral Tree which we could use to run reports for accrued expenses at month end.

Pros

NetSuite connection

Cons

No reports

Advice to Others

No

Source: Capterra
 

Helen from TheRealReal
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

Good AP software

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Pretty easy to use, connected to Netsuite really quickly, which is a good feature when it comes to closing for the month.

Pros

Connected to Netsuite.

Cons

Needs more work on reporting.

Advice to Others

Needs more support from reporting.

Source: Capterra
 

Patrick from Search Discovery, Inc.
Number of employees: 51-200 employees Employees number: 51-200 employees

November 2016

November 2016

Very effective and highly functional platform

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

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.

Advice to Others

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.

Source: Capterra
 

Darla from Search Discovery
Number of employees: 51-200 employees Employees number: 51-200 employees

October 2016

October 2016

Mineral Tree helps streamline AP Processing for SMB

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I've used Mineral Tree with two different software integrations for about 2 years now. I'm impressed with the stability and speed at which improvements and new functionality is introduced. The application provides separate approval workflows for the invoice as well as the payments. This is very valuable in the organizations that I work with as invoices are approved by the various department heads, but the payments are approved by the CFO. No other bill pay solution I've found provides this separation.

Pros

Solid internal control and separation of duties. Also speed at which new features and functionality are delivered.

Cons

Too many clicks to review the history and detail on a paid invoice.

Source: Capterra
 

Shernite from Payroll Strategies
Number of employees: 51-200 employees Employees number: 51-200 employees

October 2016

October 2016

Invoicing Made Easy!!!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Mineral Tree has simplified the A/P processing. Easy invoice uploads, approvals, and biller portal payments all through one platform. I would recommend this product for all organizations big and small.

Pros

The multi-tiered admin approval. This feature makes it easy for other accounting admin to approve invoices under a certain dollar amount or for invoices involving a little more verification, you can payment approvals to require more than one approval.

Cons

I don't like the new layout.

Advice to Others

I thinks its great.

Source: Capterra
 

Casey from Generation Tux
Number of employees: 51-200 employees Employees number: 51-200 employees

October 2016

October 2016

Life Saver!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Our company switched from Concur to MineralTree and this system has been a life saver. With the connector between the system and QuickBooks Online my month end process is simple now and has saved me several business days during close. You can do the math to see the monthly and then yearly savings. The image capture feature is a huge help as well when it comes to audits. Do yourself a favor and at least give them a shot.

Pros

The customer service experience is top notch, the image capture system is above and beyond, and the automatically filled out invoicing information again saves time on every invoice.

Cons

Nothing I can even think of.

Advice to Others

At least give them a shot.

Source: GetApp
 

Judy from Mentoring Minds
Number of employees: 51-200 employees Employees number: 51-200 employees

August 2016

August 2016

Mineral Tree - a refreshing work-in-progress

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

We started using Mineral Tree on a monthly trial basis in June. Overall they have been everything that they have promised. In addition, their customer service has been really excellent, which is a BIG selling point for us! We are still in the "infant" stages of working through kinks, but Mineral Tree has definitely reduced our processing time and expense for AP. They are indeed, what they claim to be, and are continuing to work on upgrading their product to improve both what they have now, and to add additional features that will be very useful to us in the future. I really like the way they work with you to set up the approval system for MT like we need it. They have been very nice to work with.

Pros

Their customer service first and foremost, followed by the ease of use with the product.

Cons

The features that we would really like to see are still being developed. But who is patient in this day and age of technology?? :)

Advice to Others

I would definitely recommend that you investigate Mineral Tree for your AP needs, to see if it is the right fit for your company. They have a good, competitive product at a competitive price, and it is worth your time.

Source: Capterra
 

Jason from OneSpace Inc.
Number of employees: 51-200 employees Employees number: 51-200 employees

August 2016

August 2016

MineralTree is a must have to scale your Finance Team!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

MineralTree has saved a tremendous amount of time across our entire company. The entire accounts payable cycle is virtually automated through MineralTree. Invoices are captured and read via OCR when received via email from vendors, automatically routed to the appropriate team member for approval, and coded and posted to our ERP system by our Senior Accountant. Payments are submitted for review to the proper approvers and sent to vendors via the selected method (ACH, check, etc.). MineralTree has transformed our team and allowed us to focus our time on more value-add initiatives.

Source: Capterra
 

Sharif from IQ BackOffice

August 2016

August 2016

My disbursement hero

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Working with mineral tree with clients has been very easy to implement a and use. Our clients love it, our support is top notch, and they continue to release updates based on valued feedback from users and partners

Pros

Api integration - no manual file transfers
Interface design
Ease of use

Cons

None at this time

Source: Capterra
 

Shannon from OneSpace Inc
Number of employees: 51-200 employees Employees number: 51-200 employees

August 2016

August 2016

Time Saving!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Mineraltree has saved our company an abundance of time! Eliminating data entry and the auto approval process has been a huge benefit!

Pros

Approval routing and auto data entry

Cons

There have been some bugs but support team is always quick to address!

Source: Capterra
 

Ken from Greenfield of Cross Keys, LLC
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

July 2016

July 2016

AP made easy

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

MT has been a great asset to our community! Overall, I would recommend this product to any company for their AP.

Pros

Easy to navigate. Friendly customer service.

Cons

Program can be glitchy at times. A few tweaks could make the program even more user friendly. Default itemization of all invoices

Advice to Others

Offer an option to turn on/off the itemization of invoices. Allow for a full-screen view of invoices under the invoice details section. Updating the search algorithm to allow more flexibility when searching for invoices/vendors/payments, etc.

Source: Capterra
 

Zachariah from rinehimerbaker LLC
Number of employees: 2-10 employees Employees number: 2-10 employees

July 2016

July 2016

MT Enhances Control of AP

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

MineralTree is a great software for automating your AP workflow. It allows for multiple levels of control throughout the invoice to pay process. I can easily code and confirm invoices for company owners to review for payment. Additionally, invoice approvals can be required for invoices that meet certain criteria (e.g., amounts, vendors).

Pros

Mineral Tree automatically syncs to my clients' Intacct accounts and the customer service is exceptional.

Cons

I wish the invoice viewing portal was better designed and that the inbox email capture system was more reliable.

Advice to Others

If you have recently made changes in your Intacct account check to see when the most recent sync was. If Intacct has not yet synced to Mineral Tree the GL balance you are viewing may be wrong.

Source: Capterra
 

Lynn from Greenfield Senior Living
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

July 2016

July 2016

Timesaving

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

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.

Source: Capterra
 


June 2016

June 2016

MineralTree Review

Ease-of-use

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Product Quality
Quality
Value for Money
Value
Support

MineralTree is a program that allows my company to pay vendors in a shared economy setting. It consolidates a lot of our work, and does make our lives significantly easier by automating our payment process.

Pros

The process of synchronizing payments with QuickBooks, and processing payments is easy to use and slick.

Cons

There have been several times when synching with Quickbooks has been significantly delayed that have hindered our workflow. Other than this, great product.

Source: GetApp
 
 
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