MineralTree Reviews & Product Details

MineralTree provides secure, easy-to-use, end-to-end Accounts Payable and payment automation solutions that reduce costs by more than 75%, increase visibility and control, mitigate fraud and risk, while improving cash flow. More than 2,000 mid-sized companies, as well as several financial institutions, rely on MineralTree to help transform the finance function from a cost center to a profit center. With MineralTree, you can be up and running in days.

Seller

Global Payments

Discussions

MineralTree Community

Languages Supported

English

Solution Type

All-in-One

Overview by

Shannon Hanlon (Sr Manager, Demand Generation)

Used by Brandtrust and 2 others

Beta

Value at a Glance

Averages based on real user reviews.

Time to Implement

2 months

View More Pricing Information

MineralTree Integrations

(9)

Verified by MineralTree

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Verified User in Consumer Electronics

Mid-Market (51-1000 emp.)

4/30/2021

"Great AP Automation Tool!"

5/5

What do you like best about MineralTree?

I love how easy MineralTree is to use. It has helped to organize our AP process and keep track of approvals. The MineralTree support team has been great to work with! Review collected by and hosted on G2.com.

What do you dislike about MineralTree?

I have no complaints. MineralTree has exceeded my expectations. Review collected by and hosted on G2.com.

Recommendations to others considering MineralTree:

MineralTree is a great product! I would recommend this to anyone looking to improve their AP process. Review collected by and hosted on G2.com.

What problems is MineralTree solving and how is that benefiting you?

Before using MineralTree, we didn't have a good way to keep track of invoice approvals. Everything was done through email, which got very unorganized. Our invoice volume started to increase drastically, making it hard to keep up. MineralTree cut down on manual data entry and has helped to speed up our payment process. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services

Mid-Market (51-1000 emp.)

4/29/2021

"Great addition to our suite of finance software solutions"

5/5

What do you like best about MineralTree?

The user interface is very intuitive and easy to navigate. The approval process is easy to navigate and customize that provides us greater control surrounding our payment process. Overall, Mineral Tree has been a great system and tool. Review collected by and hosted on G2.com.

What do you dislike about MineralTree?

I wish we could create an approval workflow for changes to vendor payment information. The added alert is nice, but an approval in the system would be ideal. Review collected by and hosted on G2.com.

Recommendations to others considering MineralTree:

I would certainly recommend MineralTree for invoice automation and payment processing. Review collected by and hosted on G2.com.

What problems is MineralTree solving and how is that benefiting you?

We were able to easily convert to ACH payments with Mineral Tree, which has reduced our reliance on manual paper checks and reduced the time involved in vendor bill payments. Review collected by and hosted on G2.com.

Daniel K.

Controller

Mid-Market (51-1000 emp.)

4/5/2021

"Helped reduce AP hours by 40%!"

5/5

What do you like best about MineralTree?

Ability to process AP invoices from anywhere. Review collected by and hosted on G2.com.

What do you dislike about MineralTree?

As of now, there is no credit memo processing. Review collected by and hosted on G2.com.

Recommendations to others considering MineralTree:

It really scared me to move to AP automation and off-site payments, but there was no downside. In fact, the system pays for itself by not having to order check stock and pay postage. We reduced our AP clerks hours from 25 to 15 with no other changes except Mineral Tree. Review collected by and hosted on G2.com.

What problems is MineralTree solving and how is that benefiting you?

Our old process was entirely paper-dependent. I don't know how we would have survived COVID without Mineral Tree. It allowed us to process, approve, and pay invoices while working from home in less time than our old method in the office. Review collected by and hosted on G2.com.

Jenn P.

Accounting Associate

Mid-Market (51-1000 emp.)

6/17/2021

"MineralTree has been a lifesaver!"

5/5

What do you like best about MineralTree?

It has transformed the amount of time I spend on Accounts Payable monthly. Review collected by and hosted on G2.com.

What do you dislike about MineralTree?

They need to verify vendor bank accounts before payment. Review collected by and hosted on G2.com.

Natalie L.

Accountant

Small-Business (50 or fewer emp.)

4/23/2021

"We didn't know we needed this!"

5/5

What do you like best about MineralTree?

Ease of use for the A/P staff. Takes away a lot of the hassle of tracking down invoices and approvers Review collected by and hosted on G2.com.

What do you dislike about MineralTree?

Internal staff members who want to make every process much more complex than it is and refuse to learn a new process Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care

Mid-Market (51-1000 emp.)

4/12/2021

"Director of Finance"

5/5

What do you like best about MineralTree?

Speed at which invoices can be reviewed by all stakeholders and payments released for expenses. Review collected by and hosted on G2.com.

What do you dislike about MineralTree?

We utilize SilverPay for many vendors. Occasionally there is confusion by vendors on how this program gets administered, mainly when they receive phone calls to make these payments. This typically happens during the first few payment cycles when a vendor switches methods. Review collected by and hosted on G2.com.

Chad S.

Controller

Mid-Market (51-1000 emp.)

4/9/2021

"AP Automation"

4.5/5

What do you like best about MineralTree?

Automation of the AP process is most useful Review collected by and hosted on G2.com.

What do you dislike about MineralTree?

Syncing issues, and some limitations such as vendor credits Review collected by and hosted on G2.com.

Recommendations to others considering MineralTree:

If you are looking for automated AP program to manage and electronically store your AP invoices, while managing your vendor payments I would recommend MineralTree. Review collected by and hosted on G2.com.

What problems is MineralTree solving and how is that benefiting you?

Recording of payments in the company ERP, management of scheduled payments for future dates. Review collected by and hosted on G2.com.

Lucy G.

Senior staff accountant

Mid-Market (51-1000 emp.)

6/17/2021

"Paper No More"

3.5/5

What do you like best about MineralTree?

I love how we now no longer need to have any paper invoices or paper checks either. Super helpful during time of audit too, having everything stored in one place Review collected by and hosted on G2.com.

What do you dislike about MineralTree?

There have been glitches with the system Review collected by and hosted on G2.com.

Verified User in Non-Profit Organization Management

Small-Business (50 or fewer emp.)

4/5/2021

"Great Product!"

4.5/5

What do you like best about MineralTree?

Ease of uploading documents. Smooth process for automated check issuance. Made my day to day so much easier. I am able to take on more tasks. Review collected by and hosted on G2.com.

What do you dislike about MineralTree?

Sometimes description changes when trying to choose one. Review collected by and hosted on G2.com.

Recommendations to others considering MineralTree:

Mineral Tree is a great automation service for making day to day invoicing & check distribution. The ease of use and excellent customer service is great! Review collected by and hosted on G2.com.

What problems is MineralTree solving and how is that benefiting you?

Faster workflow and expediting AP Bills. Saving time not having to manually cut checks. Review collected by and hosted on G2.com.