MineralTree Software


 

MineralTree 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 it, including Accounting Managers, Approvers and more.

MineralTree provides services on an annual subscription basis. This package includes support through an online knowledge base and via phone and email.

 

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

57 Reviews of MineralTree

 

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Software Advice Reviews (11)
More Reviews (46)

Showing 1-11 of 11

Lauren from appneta
Specialty: Software / Technology
Number of employees: 201-500 employees Employees number: 201-500 employees

February 2018

February 2018

Great for a growing company

Ease-of-use

Functionality

Product Quality

Customer Support
N/A
Value for Money

Pros

We used this product to automate the AP process in my previous company. It really simplified the approvals process. Great workflow functionality.

Cons

Not needed at all companies. This software is really for a company with high transaction volume and many approval levels.

Review Source
 
 

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.

Pros

Time saving, makes us bigger and more capable without adding accounting resources

 
 

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: Lauren, 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: Lauren, 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: Lauren, 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: Lauren, 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 46


September 2018

September 2018

Works Well, Easily Integrates To NetSuite

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 am an ERP deployment and systems manager with many years (10+) of experience in SMB and large company platforms.

Pros

Mineraltree Invoice to Pay greatly reduces the workload on accounting departments by automating much of their AP functionality. It provides a solid platform for documentation, and greatly reduces paper consumption while all but eliminating checks.

It also integrates easily with NetSuite, and has good pre-deployment support from their support team(s).

Cons

Like most cloud-based solutions, it can and does slow down from time to time. If your organization is moving from on-premise software into the cloud, this is a fact of life that you will learn. In fairness, MineralTree is no worse than any other cloud platform, be it NetSuite or any other. I state this simply to help set expectations and to help others avoid disappointment.

Review Source: Capterra
 


July 2018

July 2018

Seamless process for invoice processing

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
Pros

Mineral tree's alert system makes sure that all parties who need to submit expense reports or freelancer invoices are able to do so quickly, and can update those involved on the status of their claims/payments without bothering our finance team constantly to check status.

Cons

The user interface isn't great, but that is more about personal preference than any functionality issues.

Review Source: Capterra
 

Brianm from Bizness Apps, Inc

July 2018

July 2018

What a relief!

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
Pros

This software is easy to set up and easy to use. PDF'ing and creating bills in Netsuite is super convenient and the approval trails work as intended.

Cons

My only complaint is the less than real time sync with Netsuite. It's minor, but after you create bills in the platform you have to wait several minutes before they sync to Netsuite and can be submitted.

Review Source: Capterra
 

Stuart from RealTracs, Inc.
Number of employees: 11-50 employees Employees number: 11-50 employees

July 2018

July 2018

MineralTree has been a fantastic application for our company's AP processes.

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
Pros

MineralTree eliminated our paper check system.
The user interface is intuitive.
The dual authentication process ensures system security.
Invoice validation by responsible parties is quick and easy.
Invoice approval by department heads, executives and board members can be done remotely.
Invoice payments have short turnaround time when needed.
MineralTree has made changes based on customer feedback.
Integration with our accounting software has been streamlined without dual entry for AP.

Cons

The refresh process is slow when approving invoices for final payment.
Viewing multiple invoices for payment could have better navigation.
When paying invoices, I have to scroll to see the approvers (icon) for every invoice. Should be moved up to be visible without scrolling.

Review Source: Capterra
 

Sylvia from GoSpotCheck
Number of employees: 51-200 employees Employees number: 51-200 employees

July 2018

July 2018

Helped speed up our AP Process

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
Pros

It has removed a lot of the manual work and allowed for a quicker more accurate process. It is also a great value for the money!

Cons

Sometimes we have syncing issues between NetSuite and the platform, but support is quick to respond.

Review Source: Capterra
 

Stephen from Enevo Inc.
Number of employees: 51-200 employees Employees number: 51-200 employees

July 2018

July 2018

Easy to Use, quick implementation process, and great value for the service!

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
Pros

Mineraltree is an easy to use interface with high powered tech behind it. It saves us multiple headcounts at a fraction of the cost while providing us accurate data quickly.

Cons

There is a lack of customisability which I view as both good and bad. While it hurts my user experience it shows a focus on creating a better overall product across all customers.

Review Source: Capterra
 

Ken from Greenfield Senior Living at Cross Keys

June 2018

June 2018

Mineral Tree has made our company's AP process much more efficient.

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
Pros

The automated capturing of the invoices, the time saved, and most importantly the customer service/MT team.

Cons

The inability to easily search for past vendor payments & invoices, from the invoice posting screen.

Review Source: Capterra
 

Teressa from RealTracs, Inc.

June 2018

June 2018

Very simple, streamlined process for paying invoices!

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

Saves a ton of time on AP entry and removes the need for all physical document storage.

Pros

We love the integration with Quickbooks Online! It adds the bill automatically, then matches it to the payment that comes through the bank. So much time is saved on manual entry.

Cons

There is a small period of time when you get up and running that the ACH function will take longer to hit vendor accounts (5-7 days rather than 2-3 days). Once you get over that stage, it works great.

Review Source: Capterra
 

Darcy from Shasta Mosquito and Vector Control District
Number of employees: 11-50 employees Employees number: 11-50 employees

June 2018

June 2018

I have used many features of the mineraltree system and found each one user friendly.

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

Ease of tracking, reconciling and vendor payments

Pros

The mineraltree system seems to be ahead of most. The sync capabilities with various accounting software has made invoice paying less cumbersome. The ability to scan invoices and able to search and retrieve for verification has been eased. Our approval process is a two part and being able to simply scan, submit, verify and pay has cut down on wasted time as well as wasted money. We currently use QuickBooks and have found the sync process is easy and fast. We are able to get vendors paid and payments posted quickly. The ACH payment process in the beginning took some getting use to but now that I am use to the process, it is my preference however not all vendors we deal with utilize ACH yet. Overall, we have been very happy with all mineraltree has to offer and all their improvements over the years.

Cons

It took some getting use to but as with any software there is a learning curve. ACH payments are the most difficult if you are syncing with Quickbooks and your bank. When a ACH payment is paid its not broken out in your banking reconciliation as to who was paid it is just an amount so if you have multiple ACH payments on the same day it is not clear who is paid what. I have learned to date my payments days apart as to not have this lump sum amount. I find it very simple now and just requires a payment date to be entered in mineraltree that separates ACH payments.

Review Source: Capterra
 

Deven from University

April 2018

April 2018

worked well enough

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
Pros

The product worked for our business when we first started up. It did our business invoices well. No complaints there.

Cons

There are a lot more software programs that work better and easier as well as offer more for the money.

Review Source: Capterra
 


April 2018

April 2018

MineralTree is extremely intuitive, and an effective AP tool

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
Pros

The product is great for a small business who uses quickbooks. You can assign approvers, and manage AP efficiently.

Cons

This software can be glitchy. I would like reports which tell me which invoices are stuck with certain approvers.

Review Source: Capterra
 

Serafima from Faraday Pharmaceuticals

March 2018

March 2018

It's been a mostly "meh" experience

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
Pros

The ability to have multiple vendors send their invoices to one repository versus me having to send everything in. Also, that, for the most part, checks are being cut someplace else.

Cons

It is a very clunky software. It takes a while for pages to load or won't load at all so have to refresh the page. It's hard to navigate back to the page you were looking at RIGHT before, you always seem to have to go back to the home screen. Example- I want to review invoices for Company A. Instead of being able to click from one invoice to the next, I have to go to the search tab and re-find that company to go back to the company page, find the invoice I was looking for. Each time i'm looking at a company. Also,

Review Source: Capterra
 

Jennifer (Miki) from God's World Publications, Inc.

March 2018

March 2018

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

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

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.

Review Source: Capterra
 

Dustin from Financial Consulting

March 2018

March 2018

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

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

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!

Review Source: Capterra
 

Lewis from BFS Capital
Number of employees: 51-200 employees Employees number: 51-200 employees

March 2018

March 2018

Good, with a few issues

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

Better more detailed control over invoice routing. Easier to determine approval has occurred when selecting invoices for payment.

Pros

Fast Startup, easy to use interface. Replaces the need to scan A/P invoices and checks for archiving. Gives more research ability to users.

Cons

System is slow. lack of some basic tools to easily navigate. Have to use 2 logins for different roles, lack of intercompany functionality. Very hard to mass update vendor routing / approval rules. Needs to ability to designate full detail for certain vendors, summary for others.

Review Source: Capterra
 


March 2018

March 2018

Seamless AP automation

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

Reduced AP processing time about 80%.

Pros

Very much like that it integrates directly with our accounting system (we use Sage Intacct). We also wanted a solution with very accurate scanning / input of invoices and that directly supported multiple payment methods. We have been very happy with Mineraltree and believe it has reduced our AP proocessing time by about 80%.

Cons

Overall we have been very happy with the software. It would be nice if you could email a copy of invoice directly from application when you need to refer it to someone for a question but overall this is a minor issue.

Review Source: Capterra

  Response: MineralTree, MineralTree

Date: March 2018

March 2018

 

We appreciate you taking the time to provide a review for MineralTree. 80% reduction in accounts payable processing time is an excellent endorsement to validate just how effective automation is and it's great that you have benefited from MineralTree.

I would love the chance to thank you and have included my contact information here.

 

Jeff from GSP LLC

March 2018

March 2018

We have been using for a couple years and are very pleased. Big time saver for payables

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
Pros

Low setup cost, great customer service which we have barely had to use, excellent training and updatees

Cons

Would like to see more enhancements to software/system and the ability to add documents to the system for specific vendor or inhouse use

Review Source: Capterra

  Response: MineralTree, MineralTree

Date: March 2018

March 2018

 

Hi Jeff,

Thank you so much for your excellent review of MineralTree. We continue to be thrilled with the results companies, like yours, have derived when they make the move to an automated AP process and clearly you are seeing an impact in the overall reduction of time.

 

Ivan from FirstFuel Software
Number of employees: 51-200 employees Employees number: 51-200 employees

December 2017

December 2017

My experience using MineralTree has been great. I wish I knew about it earlier in my career.

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
Pros

-The two way communication between our accounting software and MineralTree
-Real time updates
-User friendly
-no need to print checks on our end our log into the bank to set up ach batches
-minimizes the risk of duplicate payments as it automatically marks things paid in the accounting software

Review Source: Capterra
 


October 2017

October 2017

Great Way to Eliminate Manual Bill Entry into your Accounting 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
Pros

The system captures almost all of pertinent invoice details and creates a journal entry for you. Additionally, it allows for level of QA and approval that was a much need control.

Cons

The system does not currently allow for Credit Memos to be synced with QuickBooks. Also the reporting has improved but could use some more refinement.

Review Source: Capterra

  Response: MineralTree, MineralTree

Date: October 2017

October 2017

 

Thank for for taking the time to submit a review for MineralTree Invoice-to-Pay. We are thrilled you no longer have to manually enter your bills into QuickBooks!

 

Ayushi from Arizona State University

April 2017

April 2017

Easy to use accounting 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

Invoice-to-pay has automated my accounts payable. It is easier to keep a check on due dates and the payment is done automatically. I recommend this software.

Review Source: Capterra
 
 
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