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MineralTree Review

MineralTree
Our score: 7.4 User satisfaction: 100%

What is MineralTree?

MineralTree is an accounts payable automation and payment automation software platform specifically for middle-market companies.
This application allows you to simplify your entire invoice capture to payment processes, gain easy access to documents needed for auditing, maintain your ERP system of record and avoid the hassle of doing manual dual entry work with two-way syncing.
MineralTree can also be utilized by banks and other financial institutions to assist them in helping their customers automate B2B payments, business invoice procedures, and have security from online payment fraud.
Last, but not least, the software enables its users to centralize their payables system by combining multiple types of payments into one unified electronic file.

Overview of MineralTree Benefits

All businesses deal with the complexity of keeping their financial statements accurate and complete. Preparing invoices and payables processing can prove to be a backbreaking endeavor that all businesses undergo. MineralTree’s premium features help take the load off your company’s shoulders through workload automation.

Scan invoices

The Invoice-to-Pay function allows you to go paperless as you scan your invoices in bulk, and turn them into PDF files that you can easily access. Link invoice documents with invoice data, and easily post it back to your accounting software. This feature also enables you to upload and email documents or let your vendors email their invoice to you. All these while you integrate MineralTree with your already existing accounting application.

Invoice Approvals

Endorse your approvals to be authorized right away, via invoice data or vendor’s name. Your company can avoid the drama of having to wait for approvals to be given as MineralTree does this for you at the click of a button. Arrange invoice approvals for all your invoices or to a few select ones before payments.

On-the-Go Direct and Secure Payments

With this app’s mobile integration, Use your mobile device to easily authorize, review and schedule your payments anytime and anywhere. This system allows you to make single or multiple payment authorizations and its two-factor payment verification provides another layer of security against unauthorized and counterfeit transactions. MineralTree’s advanced security feature automatically sends authorized check and ACH payment data directly to your bank. These payments do not have to go through clearing or settlement accounts and are automatically recorded to your accounting system.

Overview of MineralTree Features

  • Invoice Approval
  • Automatic Invoice Capture
  • On-the Go Payment Authorization
  • Fraud Protection
  • Payment Automation
  • Approval Process Control
  • Purchase Ordering
  • Process Control
  • Cash Management

MineralTree Position In Our Categories

Since businesses have special business requirements, it is only rational that they avoid deciding on a one-size-fits-all, ideal system. Be that as it may, it would be almost impossible to stumble on such a software solution even among sought-after software systems. The practical step to do would be to shortlist the varied essential factors which entail careful thought like critical features, costing, technical skill competence of the employees, organizational size, etc. Thereafter, you should follow through your research to a full extent. Read these MineralTree evaluations and check out the other applications in your shortlist more closely. Such well-rounded research guarantee you weed out unfit applications and pay for the one that includes all the tools your company requires.

Position of MineralTree in our main categories:

TOP 500

MineralTree is one of the top 500 Accounting Software products

MineralTree is also listed in the following subcategories:

Companies have unique wants and requirements and no software application can be ideal in such a condition. It is useless to try to find an ideal out-of-the-box software product that fulfills all your business requirements. The wise thing to do would be to customize the solution for your special wants, worker skill levels, finances, and other factors. For these reasons, do not hurry and invest in well-publicized trendy systems. Though these may be widely used, they may not be the ideal fit for your particular wants. Do your groundwork, check out each short-listed application in detail, read a few MineralTree Accounting Software reviews, contact the seller for clarifications, and finally settle for the product that offers what you want.

How Much Does MineralTree Cost?

MineralTree Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

MineralTree’s pricing information is available only upon request. Contact the company for more details, and ask for your quote.
Since MineralTree caters to medium-sized businesses, small business and enterprise pricing is not available.

User Satisfaction

Positive Social Media Mentions 8
Negative Social Media Mentions 0

We realize that when you make a decision to buy Accounting Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and MineralTree reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with MineralTree. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

  • Android
  • iPhone/iPad
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Annual Subscription
  • Quote-based

Customer Types

  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are MineralTree pricing details?

MineralTree Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

MineralTree’s pricing information is available only upon request. Contact the company for more details, and ask for your quote.
Since MineralTree caters to medium-sized businesses, small business and enterprise pricing is not available.

What integrations are available for MineralTree?

MineralTree integrates with the following business systems and applications:

  • Microsoft Dynamics GP
  • NetSuite
  • Intuit Quickbooks
  • Sage Intacct
  • Sage 50
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Reviewed By Jenny Chang
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