MineralTree provides the easiest to use Accounts Payable and Payment Automation solutions for finance professionals at middle market enterprises. Serving 1000+ business customers and processing $1.5B in annual payments, MineralTree solutions automates the full invoice to pay process and reduces the time spent on those activities by an average of 70 percent.
MineralTree Invoice-to-Pay streamlines AP, giving customers unparalleled visibility into financial data and significant cost savings, in an affordable, integrated platform that is guaranteed secure. It is the only end-to-end solution that automates the four phases of AP, includes a bi-directional integration with Intacct and processes payments directly with the customers’ bank.
MineralTree Invoice-to-Pay integrates with Intacct; increasing efficiency and streamlining operations while achieving 70 percent or more reduction in end-to-end invoice and payment processing costs. Benefits include:
A two-way, real-time sync with Intacct enables bills to be entered into either platform.
No Settlement Accounts
A direct integration with your business bank account enables MineralTree to send check and ACH payments directly from your account. Checks are printed with your business information, address, and signature. Electronic remittance details, including a list of invoices paid, are sent directly to your vendors.
Customers can either sync individual entities to individual MineralTree companies or sync all of them to one MineralTree company via the root entity.
Automated Invoice Capture
Eliminate manual invoice entry with automated invoice capture. Available for documents uploaded or emailed by you and your vendors, our process uses a combination of OCR technology and human reviewing that is 99.5% accurate to extract header and line-item information from invoices.
Unlimited Document Storage
Store unlimited documents and search within them, quickly and easily at no added cost.
Robust Invoice Approval Workflows
Initiate robust invoice approval based on vendor default profiles or invoice thresholds that includes up to four levels of approval.
Simplified Payments Process
Consolidated approval process for all types of payments, including check, ACH, credit card, or virtual card. MineralTree offers a vendor matching program to enable businesses to move more AP spend onto cards.
Businesses can implement important payment controls such as segregation of duties and dual approval. Audit trails are maintained for key approval steps, along with alerts and notifications to ensure proper control monitoring.
Advanced Payment Security
Two-factor authentication, payment limits, and the production of Positive Pay files. With these features, MineralTree guarantees against online payment fraud: losses are covered up to $100,000 annually.
Want to learn more? Visit https://www.mineraltree.com/accounting-systems/intacct.html
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MineralTree offers clear pricing with no hidden fees, upcharges, or per-seat licenses. Inquire for more information.
MineralTree provides the easiest to use Accounts Payable (AP) and Payment Automation solutions for finance professionals at growing organizations. MineralTree streamlines AP, giving customers unparalleled visibility and significant cost savings in an affordable, integrated platform that is guaranteed secure.