MineralTree Invoice-to-Pay Software

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About MineralTree Invoice-to-Pay

MineralTree Invoice-to-Pay is a cloud-based payment automation and invoicing solution that caters to 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 managing their payment process. The solution features a bi-directional sync between both systems so that all data can be shared between the two. MineralTree provides users functionalities to issue payments by check, ACH​ or credit card and automates the entire paying process once payments are approved. Users can use the existing workflows for routing invoices for approval. The solution also separates user types, meaning MineralTree is optimized for the person using ...

MineralTree Invoice-to-Pay Pricing

MineralTree's all-inclusive approach means no user fees, transaction fees, or surprises. Users pay a

Starting price: 

$5,000.00 per year

Free trial: 

Not Available

Free version: 

Not Available

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MineralTree Invoice-to-Pay User Reviews

OVERALL RATING

SECONDARY RATINGS

Ease-of-use

4.5

Value for money

4.5

Customer support

4.5

Functionality

4.5

Showing 1 - 5 of 78 reviews

User Profile

Josh

Construction Management

Verified reviewer

Company size: 51-200 employees

Industry: Construction

Review Source: Capterra

This review was submitted organically. No incentive was offered

Ease-of-use

5

Value for money

3

Customer support

5

Functionality

5

Reviewed January 2019

Robust product- does EVERYTHING you expect!

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.

Kathleen

S&S Worldwide Inc

Verified reviewer

Company size: 51-200 employees

Industry: Consumer Goods

Time used: Less than 12 months

Review Source: Capterra

This review was submitted organically. No incentive was offered

Ease-of-use

4

Value for money

5

Customer support

5

Functionality

4

Reviewed August 2020

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.

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.

Reasons for switching to MineralTree Invoice-to-Pay

We switched from NetSuite to MineralTree because we wanted a paperless environment and a faster way to process our invoices.

Eric

Union of Concerned Scientists

Verified reviewer

Company size: 201-500 employees

Industry: Non-Profit Organization Management

Time used: Less than 12 months

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

Ease-of-use

3

Functionality

2

Reviewed March 2021

Decent, but not great, software for accounts payable

It has been a tough transition, and our old software through SharePoint was easier to use overall, for the user and the administrator.

Pros

We switched to MineralTree for accounts payable last year, and the review process for submitting invoices to Finance is relatively seamless. The layout and functionality are two highlights.

Cons

When there are multiple approvers or budget managers involved, the software can be slow to use, and really cause delays for paying invoices. Also, editing or fixing pre-loaded invoices is not easy whatsoever.

Reasons for switching to MineralTree Invoice-to-Pay

Cost and finance department preference

User Profile

Jennifer (Miki)

God's World Publications, Inc.

Verified reviewer

Time used: Less than 12 months

Review Source: Capterra

This review was submitted organically. No incentive was offered

Ease-of-use

4

Value for money

4

Customer support

4

Functionality

4

Reviewed March 2018

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

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.

User Profile

Dustin

Financial Consulting

Verified reviewer

Time used: Less than 12 months

Review Source: Capterra

This review was submitted organically. No incentive was offered

Ease-of-use

5

Value for money

5

Customer support

5

Functionality

4

Reviewed March 2018

Best valued software we have added to our organization in a long time! it's so effecient

Comdata cash back Increased efficiency Increased transparency cloud based operating system

Pros

Customer service is always a phone call away and willing to solve any problem that we run into. Also the software has created much needed transparency for our organization and allowed for our app process to be mobilized and no longer require executives in the office to execute. Not only does the software pay for itself we also have saved hundreds on postage!

Cons

The software has its moments where it is clunky and we are not allowed to make minor changes with completely locking or unlocking editing powers. Also it does not enable the end users to fully track their invoices with as much breath as we would hope. Then there are the little system quirks like having to constantly refresh the keys. With having multiple organizations this become quite the task when they start dropping connection. Then the other pain point would be the bathing to our GL system utilizing GP. Payment batches are delayed a day, and the invoices are all posted to one day instead of their invoice date which would be preferred. Posting at month end with two open periods is a nightmare!

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