Automate all integral parts of the AP process including invoice capture, purchase order match, invoice approval, payment approval, and payment execution. You can set up MineralTree in a matter of hours. Connects NetSuite with your business bank account to execute vendor payments without changing your accounting process.

Automate all integral parts of the AP process including invoice capture, purchase order match, invoice approval, payment approval, and payment execution. You can set up MineralTree in a matter of hours. Connects NetSuite with your business bank account to execute vendor payments without changing your accounting process.

Better AP and Payments for NetSuite

Seamlessly integrated with NetSuite, MineralTree Invoice-to-Pay automates the three critical aspects of the AP workflow.

  • Automated Invoice Capture and Approval: With MineralTree, you can automate invoice capture and get invoice approvals online.
  • Purchase Order Matching: Two-way PO matching allows AP staff to match PO lines to invoice line items once the invoice data has been captured. Upon approval, invoices sync back to NetSuite with the correct PO association.
  • Effortless Payment Approval: Eliminate stacks of paper invoices and checks. Your CFO can approve payments from anywhere.
  • Secure Payment Execution: Automatically prints and mails checks and connects with your bank account for ACH origination, ensuring security and accuracy, and no settlement account. Earn rebates by paying vendors with MineralTree's Virtual Card program or your corporate credit card.
  • Not an IT project: You’ll be up and running in hours.

Key Benefits

  • Increase efficiency and streamline your AP operations by automating invoice capture, enabling online invoice and payment approvals, eliminating manual check issuance, and simplifying electronic payments.
  • Cut end-to-end invoice and payment processing costs.
  • Keep your business safe from internal and external fraud with two-factor authentication and payment verification, payment limits, an audit trail of key steps, and integration with your bank’s Positive Pay system.
  • Real-time data synchronization with NetSuite.

Customer Quote

MineralTree has enabled us to automate our bill payment process. It was very important to us that our accounting system — NetSuite — had an integration feature with our provider. It makes our processing that much more seamless, and makes it an attractive offering for us. We can get more work done with fewer people.
- Bill Sobo, CFO, BlueSnap

MineralTree Invoice-to-Pay Offers

  • ACH origination from your bank
  • Automated check fulfillment
  • Automated invoice capture
  • Ability to earn rebates by paying vendors via virtual or credit card
  • Invoice approval
  • PO matching
  • Payment approval
  • Payment execution
  • Two-factor authentication and payment verification
  • Separation of duties
  • Document management
  • Electronic remittance
  • Cash flow management

AP and Payment Automation for NetSuite

Automate all integral parts of the AP process including invoice capture, purchase order match, invoice approval, payment approval, and payment execution in one simple interface. You can set up MineralTree Invoice-to-Pay in a matter of hours.

Purchase Order (PO) Matching

PO matching for NetSuite allows a company to send all invoices, derived from POs and not, through the same invoice capture process. When PO-based invoices are captured, users have the ability to match the capture invoice line items to line items on POs that were entered in NetSuite.

This accomplishes two things:

  1. No more coding invoice lines since the coding from the PO is copied to the invoice once they’re linked.
  2. When the invoice is posted back to NetSuite, it’s linked to the PO. Once a PO has been fully billed, the record in NetSuite is closed (just as if the process had been followed entirely in NetSuite).

Depending on company’s policies, users have the ability to route (or not route) invoices derived from POs for approval.

Invoice Capture and Approval

Extract important vendor information from paper and electronic invoices and then route for approval from anywhere. Once an invoice is scanned into NetSuite or created directly in MineralTree Invoice-to-Pay, use MineralTree Invoice-to-Pay to request bill approval. You can also add comments and attach supporting documents to further streamline the process.

Payment Approval and Execution

The traveling CFO no longer holds up the payments process. With MineralTree Invoice-to-Pay, you can review, approve, and process payments from your tablet or desktop computer. 

Once payments are approved, checks are printed and mailed, ACH files are directly transmitted to your bank for origination, virtual cards are securely sent, and remittance detail is sent to the vendor. Executed payments are posted back to NetSuite and applied to the corresponding invoices with the appropriate check number. Vendors paid via MineralTree's Virtual Card program qualify for quarterly rebates.

Document Management

MineralTree Invoice-to-Pay enables you to completely eliminate paper from your office. The document management functionality features unlimited storage and lets you easily store and access all supporting documents needed for your AP department.

MineralTree provides the easiest to use Accounts Payable (AP) and Payment Automation solutions for Finance professionals. MineralTree streamlines AP, giving customers unparalleled visibility and significant cost savings in an affordable, integrated platform that is guaranteed secure.

MineralTree Invoice-to-Pay for NetSuite enables businesses to pay vendors by check, ACH, virtual card, or their own corporate credit card. MineralTree integrates directly with a company’s bank account and eliminates settlement accounts for check and ACH payments. Additionally, businesses are able to earn rebates and cash back rewards by processing vendor payments on virtual cards or their own corporate credit card. For all electronic payment methods, remittance details are automatically sent to vendors. For more information visit www.mineraltree.com.

Ratings & Reviews

Based on 11 Reviews

Most Helpful Reviews

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CFO

Very user-friendly, good reporting and great way to automate vendor payments.

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Onboarding Efforts

Great application and effortless go live and onboarding process

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Awesome Product

We made the transition to Mineral Tree just a few months ago and so far the product has been great. It has taken a lot of manual processes out and have saved us a great deal of time. Everything is synced up to our accounting software and reconciliation to our bank account is streamlined. I'm excited to see what new features are coming out and the support has been very helpful and responsive.

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MineralTree

We have been using MineralTree and related products for about 6 years or so. We've never had any serious issues with the product and it's been our go-to AP tool all these years. MineralTree has been able to scale with us from 10 employees to over 500 employee's. It's a great product that seamlessly integrates with NetSuite and our bank. We had considered using Concur but found this product at the last minute and decided to go with MineralTree instead. The implementation took about a week or less and have had no real complaints since using this service.

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Not very well integrated with NetSuite

Using MineralTree for bill payments is a lot more time consuming then just processing the files out of NetSuite and printing the checks here. However, it allows the approver to go to one place and approve all payments. Also, there is no worry about getting signatures for the checks.

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Payments out of multiple bank accounts

MineralTree enables us to make payments out of multiple bank accounts with a single process.

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Great Product

This is a great product for document maintenance and bill payments.

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Easy Insight Into Invoices

MineralTree is an absolutely exceptional software that makes the AP process so easy. There is not one complicated concept with this software: adding invoices, vendors, and sending approval request is a very natural process. I especially like the approval tier system.

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Excellent Time Saver

We went with MineralTree because of their invoice capture system. The more we use their service, the more added value we find. Their customer support is outstanding, very quick to respond and always going that extra step to make sure we are satisfied.

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Great Tool To Streamline AP Invoice Entry and Payments

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.

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Time Saving!

MineralTree has saved our company an abundance of time! Eliminating data entry and the auto approval process has been a huge benefit!

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