MineralTree Invoice-to-Pay Pricing, Features, Reviews & Comparison of Alternatives

MineralTree Invoice-to-Pay

AP & payment automation solution

4.36/5 (72 reviews)

MineralTree Invoice-to-Pay overview

What is MineralTree Invoice-to-Pay?

MineralTree Invoice-to-Pay is an end-to-end AP automation solution which automates the entire invoice-to-payment process using existing accounts payable workflows, so businesses don't need to change the way they operate. Key features include automatic invoice capture, advanced invoice routing, authorizations on-the-go, electronic payments, and more.

Fully integrated with their ERP, users can centralize processes, improve accuracies, and increase efficiencies. The solution solution includes two-way integration (automatic sync) with NetSuite, Sage Intacct, QuickBooks, Microsoft Dynamics GP and Xero. And, check and electronic payments are processed directly from the business’s bank.

Pricing

Pricing options
Value for money
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Devices

Business size

S
M
L

Markets

United States

Supported languages

English
MineralTree Invoice-to-Pay screenshot: Automated Data Entry of InvoiceAbout MineralTree: AP Automation So Good It Just Works.MineralTree Invoice-to-Pay screenshot: Payment Approver DashboardMineralTree Invoice-to-Pay screenshot: Inbox with Captured InvoicesMineralTree Invoice-to-Pay screenshot: Accounting Manager DashboardMineralTree Mini Series: On-The-Go PaymentsChange the Way You Think About AP with MineralTreeAP Automation in 30MineralTree Mini Series: Built-In Fraud Protection

MineralTree Invoice-to-Pay reviews

Value for money
Features
Ease of use
Customer support
  4.4
  4.3
  4.6
  4.5
Josh Beelen

Robust product- does EVERYTHING you expect!

Used weekly for free trial
Reviewed 2019-01-09
Review Source: Capterra

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Jennifer (Miki) Twitty

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

Used daily for 6-12 months
Reviewed 2018-03-27
Review Source: Capterra

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Julie Herrera

Great product! Amazing ROI

Used daily for 2+ years
Reviewed 2020-03-30
Review Source: Capterra

This product has changed AP for me personally. It's such a relief to not have to manually be cutting checks or initiating ACH payments. This makes remote AP possible and saves me and my entire team a ton of time. There are also great internal controls built in to decrease accidental mistakes and block fraud.

Pros
I think the very best part of this product is the support team. They have resolved absolutely every issue I've ever had quickly, if not immediately. They are patient, friendly, smart, and fast acting! They improvise and are able to deliver quickly on big requests. 10 out of 10 stars for them!

Cons
The bill credit process needs help. I also cannot get POs in Netsuite to close after I've entered a bill in MT.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Lynn Oliver

Timesaving

Used daily for 6-12 months
Reviewed 2016-07-13
Review Source: Capterra

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.

Response from MineralTree


Lynn, thanks so much for your review! For Intacct users, the only invoice field that cannot be modified after posting to Intacct is the GL posting date. In the coming weeks we will be updating our sync capabilities, at which point we will be able to support changes to that field as well. Should you have any questions about field updates, please contact MineralTree support at 855-672-9669.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Vicky Bernstein

Working Remotely

Used daily for 2+ years
Reviewed 2020-03-13
Review Source: Capterra

Pros
Mineral Tree allows the A/P process to flow flawlessly regardless of the location of my team members.

Cons
Applying a credit is tricky. I found a work-around but the feature could be improved.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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MineralTree Invoice-to-Pay pricing

Pricing options
Subscription
View Pricing Plans

MineralTree's all-inclusive approach means no user fees, transaction fees, or surprises.
Users pay a one-time fee for onboarding and training, and a fixed, monthly or annual fee that is based on the volume of invoices processed, payments made, level of automation, and terms of service.

MineralTree Invoice-to-Pay features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Electronic Payments
Invoice Management
Invoice Processing
Real Time Data
Third Party Integration
Workflow Management

Billing & Invoicing (173 other apps)
Compliance Management (172 other apps)
Customizable Reporting (157 other apps)
Data Import/Export (164 other apps)
Expense Tracking (156 other apps)
Multi-Currency (152 other apps)
Real Time Reporting (123 other apps)
Reporting & Statistics (236 other apps)

Videos and tutorials

Additional information for MineralTree Invoice-to-Pay

Key features of MineralTree Invoice-to-Pay

  • Invoice Approval
  • Payment Approval
  • Accounts Payable Automation
  • Fraud Protection
  • Payment Automation
  • PO Matching for NetSuite
  • Approval Process Control
  • Purchase Orders
  • Fraud Detection
  • Process Control
  • Cash Management
  • API
View All Features

Benefits

Automated Invoice Capture: Eliminate manual invoice entry with automated invoice capture. Available for documents uploaded or emailed by the user and their vendors, MineralTree's process uses a combination of OCR technology and human reviewing that is 99.5% accurate to extract header and line-item information from invoices.

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.

Bi-Directional Synchronization: A two-way, real-time sync with NetSuite, QuickBooks, Microsoft Dynamics GP, and Intacct enables bills to be entered into either platform and information to continually be synced.

Multi-Entity Support: Users can either sync individual entities to individual MineralTree companies or sync all of them to one MineralTree company via the root entity.

No Settlement Accounts: A direct integration with an existing business bank account enables MineralTree to send check and ACH payments directly from the account. Checks are printed with the user's business information, address, and signature. Electronic remittance details, including a list of invoices paid, are sent directly to vendors.