MineralTree Invoice-to-Pay Pricing Plan & Cost Guide

MineralTree Invoice-to-Pay

Accounts payable & payment automation

4.37/5 (78 reviews)

MineralTree Invoice-to-Pay Pricing

Pricing model: Subscription

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.

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MineralTree Invoice-to-Pay Pricing Reviews

Pros

  • They have a good, competitive product at a competitive price, and it is worth your time.Judy K.Read the full review
  • MT has been a great asset to our community. Overall, I would recommend this product to any company for their AP.Ken H.Read the full review
  • I am using MineralTree for a second company if that tells you anything. It seamlessly integrates, the customer support is fantastic, and built-in controls make my audits a breeze.Sean D.Read the full review

Cons

  • No company should be cutting physical checks, worry about signatures, paper documents, chasing people for approvals etc.Peter C.Read the full review
  • 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.William T.Read the full review
  • If you have recently made changes in your Intacct account check to see when the most recent sync was. If Intacct has not yet synced to Mineral Tree the GL balance you are viewing may be wrong.Zachariah M.Read the full review
99%
recommended this to a friend or a colleague

10 reviewers had the following to say about MineralTree Invoice-to-Pay's pricing:

Jeff L.

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

Used daily for 1-2 years
Reviewed 2018-03-26
Review Source: Capterra

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

Response from MineralTree


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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Josh B.

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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Ed M.

Easy check managaement!

Reviewed 2015-11-23
Review Source: Software Advice

Pros
Easy to use and a great value! Works well with my QuickBooks program.

Cons
Software updates are a little difficult like any other program changes.

Response from Lauren


Ed, thanks for the review! We are working to improve communication about software updates and make this as easy as possible going forward.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Sylvia J.

Helped speed up our AP Process

Used daily for 1-2 years
Reviewed 2018-07-02
Review Source: Capterra

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Stephen H.

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

Used daily for 6-12 months
Reviewed 2018-07-02
Review Source: Capterra

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Sharif E.

My disbursement hero

Used daily for less than 6 months
Reviewed 2016-08-26
Review Source: Capterra

Working with mineral tree with clients has been very easy to implement a and use. Our clients love it, our support is top notch, and they continue to release updates based on valued feedback from users and partners

Pros
Api integration - no manual file transfers Interface design Ease of use

Cons
None at this time

Response from MineralTree


Sharif, thanks so much for your review! I am so glad your clients love MineralTree and it has been easy to implement and use. Let us know if you have any questions going forward.

Rating breakdown

Value for money
Ease of use
Features
Customer support

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Meghan B.

MineralTree Review

Used weekly for less than 6 months
Reviewed 2016-10-05
Review Source: Software Advice

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Michael F.

Initial Experience with MineralTree AP

Used daily for less than 6 months
Reviewed 2017-03-13
Review Source: Capterra

I have found the MineralTree application to be very functional in providing us an automated process to capture, approve and pay our vendor invoices. It is easy to learn, setup and begin using. As with any application, there are a few user interface and feature changes we'd like to see... but it is light years ahead of our prior process. I think MineralTree will be a very efficient and cost effective solution for us.

Pros
The combination of easy capture with the approval process. Paying the invoices in addition is just a great plus. Getting all three in one solution is going to be a big help.

Cons
I think the user interface is very plain in a few areas. The "Search" screen is very crude by today's standards though it is adequate. And while I understand the need for security, for anyone who works with the application all day the 5 minute timeout is a significant inconvenience. Complex passwords, two factor authentication are all reasonable to get logged in. However, once logged in there has to be some latitude for the customer to determine that their workstation is in a secure location and that the timeout can be increased.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Jason E.

MineralTree is a must have to scale your Finance Team!

Used weekly for 6-12 months
Reviewed 2016-08-26
Review Source: Capterra

MineralTree has saved a tremendous amount of time across our entire company. The entire accounts payable cycle is virtually automated through MineralTree. Invoices are captured and read via OCR when received via email from vendors, automatically routed to the appropriate team member for approval, and coded and posted to our ERP system by our Senior Accountant. Payments are submitted for review to the proper approvers and sent to vendors via the selected method (ACH, check, etc.). MineralTree has transformed our team and allowed us to focus our time on more value-add initiatives.

Response from MineralTree


Thanks for the review, Jason! I'm glad to hear MineralTree is improving the AP process at your company.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Brooke R.

Great Tool To Streamline AP Invoice Entry and Payments

Used daily for 6-12 months
Reviewed 2016-06-22
Review Source: Capterra

MineralTree has been great to work with-especially in terms of feedback. When we originally started using the software, some features were missing that we really wanted to see added, so we shared our feedback with the CS Team and our requests were answered in the next two releases. That is immensely valuable as we know that if our needs ever changed and we required the software to function in a different capacity, we could work with the MineralTree team to devise a solution to fit our needs. There have been very few issues thus far, the only one worth mentioning being a glitch that caused a delay in invoice processing for a day or two; upon reporting the issue the team immediately responded and kept us informed of the status of the fix so we were never left wondering. The amount of time spent capturing vendor invoices has been greatly reduced, and errors minimized since entry is automated. Now, instead of spending time on data entry we can automate that portion and better utilize our staff for approval and review, and other more meaningful tasks that can add value to the business versus simply keying in invoices. While we don't utilize the system for Payments currently, I've personally used the software for another business and leveraged Payments. The Payments made check issue incredibly easy, especially when the check-signer was busy or out-of-town. Overall, highly recommend and very pleased.

Pros
Easy to use, streamlined AP processes well, highly responsive customer service team, very collaborative and user-focused. Not a sign-up and never hear from them again kind of company - very engaged and a rarity in today's marketplace.

Cons
Would like the window pop-up for invoice entry to be larger so it fills more of the screen overall like the homepage does. Other than that, really no complaints to date.

Response from MineralTree


Thanks for the review, Brooke. You'll be excited to hear that we will be enhancing the invoice screen in an upcoming feature release. Stay tuned!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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