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MineralTree Software

Name: MineralTree Software
Rating: 4.5 (2 reviews)

By MineralTree

1335 Interested

Highlights : About MineralTree Software

ACH check transactions

Online payments

Mobile payments

ACH payment support

Electronic payments

XML data expotable to .csv

About MineralTree Software

MineralTree is a cloud-based payment automation and invoicing solution that caters to small and midsize businesses. By integrating with NetSuite, Intacct, Microsoft Dynamics GP and QuickBooks, MineralTree allows users to maintain their existing accounting system and payment workflow while managing their payment process. The solution features a bi-directional sync between both systems so that all data can be shared between the two. MineralTree provides users functionalities to issue payments by check, ACH or credit card and automates the entire paying process once payments are approved. Users can use the existing workflows for routing invoices for approval. The solution also separates user types, meaning MineralTree is optimized for the person using it, including Accounting Managers, Approvers and more.

Specifications

Business Size

Startup

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

ACH check transactions

Online payments

Mobile payments

ACH payment support

Electronic payments

XML data expotable to .csv

Customizable payment authorization

Remittance document management

Integrated two-factor verification

Batch payment approval & processing

Invoice processing & management

Manage approval workflows

Accounting system integration

Scheduled remittance emails

Two-factor authentication

Benefits

MineralTree FlexPay is an automated accounts payable solution

MineralTree FlexPay is an automated accounts payable solution, providing businesses making in excess of 500 payments per month, a secured online system that integrates with existing ERPs.

Lower payment processing

The product claims to lower payment processing costs by as much as 70, using authorization thresholds to define and schedule approved payments before handling execution automatically.

Businesses can issue authorized payments rapidly by ACH

Businesses can issue authorized payments rapidly by ACH, physical checks, commercial credit card or virtual card, sending electronic remittance data straight to vendors.

lncludes advanced payment security

lncludes advanced payment security with two-factor authentication, two-factor payment verification, payment limits, Positive Pay integration, plus a $100,000 annual loss guarantee against online fraud.

XML files define vendor and invoice data

XML files define vendor and invoice data, ready for import into MineralTree via SFTP, while daily payment reports are generated in .CSV format to provide convenient data import/export.

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