MineralTree Features

Payment Methods (3)

ACH: Automated Clearing House (ACH) is an electronic network that processes large volumes of financial transactions, including B2B payments. 40 reviewers of MineralTree have provided feedback on this feature.
Credit and Debit: Corporate debit and credit cards used specifically for B2B payments 32 reviewers of MineralTree have provided feedback on this feature.
Wire Transfer: As reported in 19 MineralTree reviews. Electronic fund transfers between entities

Payment Processing (7)

Batch Processing: Payments can be processed by batch without manual intervention 42 reviewers of MineralTree have provided feedback on this feature.
Payments Scheduling: As reported in 48 MineralTree reviews. Ability to schedule payments at predefined dates and times
Automated Workflows: As reported in 45 MineralTree reviews. Workflows to manage every stage of the payment process
Self Service: Self-service portals and mobile apps to submit invoices for processing This feature was mentioned in 40 MineralTree reviews.
Reconciliation: Based on 34 MineralTree reviews. Match invoices, payments, and bank statement information
Settlements: Based on 32 MineralTree reviews. Clearing of electronic payments to transfer funds from customers to suppliers
Payment Tracking: Track each stage of the payment process and manage payments history This feature was mentioned in 47 MineralTree reviews.

Security and Compliance (6)

PCI Compliant: Based on 27 MineralTree reviews. Comply with information security standards for credit card processing
P2PE: Point-to-point encryption to convert sensitive financial information into indecipherable code 22 reviewers of MineralTree have provided feedback on this feature.
Fraud Management: Features to protect companies from attempts to steal sensitive information like credit card details 31 reviewers of MineralTree have provided feedback on this feature.
SSL Encryption: Secure Sockets Layer is the standard security protocol for encryption of electronic data This feature was mentioned in 30 MineralTree reviews.
SOX: Based on 20 MineralTree reviews. Comply with the Sarbanes-Oxley Act (SOX) to protect companies and the public from accounting erros and fraud
SOC: Ensure compliance with Association of International Certified Professional Accountants standards for cloud vendors SOC1 and SOC 2 20 reviewers of MineralTree have provided feedback on this feature.

Integration (10)

Agnostic Integration: The software can be integrated with any other products 28 reviewers of MineralTree have provided feedback on this feature.
Reporting Consolidation: Reports are generated using financial data from multiple sources This feature was mentioned in 27 MineralTree reviews.
Plugins and APIs: Based on 26 MineralTree reviews. The vendor provides pugins and APIs that customers can use to create custom integrations
Accounting: Based on 85 MineralTree reviews and verified by the G2 Product R&D team. Provide integration with accounting and financial management software
Payment Integration: Based on 76 MineralTree reviews and verified by the G2 Product R&D team. Integrate with payment gateways and enterprise payments software
ERP: Based on 65 MineralTree reviews and verified by the G2 Product R&D team. Deliver integrations with accounting modules of ERP systems
Accounting: Provide integration with accounting and financial management software This feature was mentioned in 41 MineralTree reviews.
Payments: As reported in 39 MineralTree reviews. Integrate with payment gateways and enterprise payments software
ERP: Deliver integrations with accounting modules of ERP systems 29 reviewers of MineralTree have provided feedback on this feature.
Account Sync: Sync with company accounts to transfer payments for approved invoices This feature was mentioned in 38 MineralTree reviews.

Invoice Management (3)

Capture: Based on 81 MineralTree reviews and verified by the G2 Product R&D team. Provide features to capture invoices such as import or scanning
Supplier Portal: Based on 55 MineralTree reviews and verified by the G2 Product R&D team. Allow suppliers to submit invoices using an online portal
Repository: Based on 66 MineralTree reviews and verified by the G2 Product R&D team. Deliver a central repository of AP documents, such as POs and invoices

Invoice Processing (8)

Matching: Based on 62 MineralTree reviews and verified by the G2 Product R&D team. Ability to match AP invoices to POs, contracts, or payments
Payments: Based on 80 MineralTree reviews and verified by the G2 Product R&D team. Identify incomplete or late supplier payments
Workflows: Based on 74 MineralTree reviews and verified by the G2 Product R&D team. Include workflows for approvals and invoice processing
Tax Compliance: Based on 42 MineralTree reviews and verified by the G2 Product R&D team. Comply with local and global tax regulations for collections
Approvals: Include workflows for approvals of invoices or payments 41 reviewers of MineralTree have provided feedback on this feature.
Batch Processing: As reported in 35 MineralTree reviews. Process multiple invoices without human intervention
Consolidation: As reported in 29 MineralTree reviews. Allow users to consolidate multiple invoices into one
Match Invoices: As reported in 35 MineralTree reviews. Match invoices with purchases and sales orders, as well as with payments

Analytics (7)

Due Dates: Based on 78 MineralTree reviews and verified by the G2 Product R&D team. Track invoices based on due dates to identify overdue payments
Benchmarking: Based on 47 MineralTree reviews and verified by the G2 Product R&D team. Ability to compare AP automation metrics with other companies
KPIs: Based on 47 MineralTree reviews and verified by the G2 Product R&D team. Monitor KPIs such as time to process an invoice or erroneous payments
Due Dates: Based on 38 MineralTree reviews. Track invoices based on due dates to identify overdue payments
Cashflow: Analyze variations between incoming and outgoing cash This feature was mentioned in 32 MineralTree reviews.
KPIs: Monitor KPIs such as time to process an invoice or erroneous payments 29 reviewers of MineralTree have provided feedback on this feature.
Payment Tracking: Track different types of payment such as deposits or partial payments 36 reviewers of MineralTree have provided feedback on this feature.

Invoice Generation (3)

Templates: Provide standard invoice templates that can be customized by users 29 reviewers of MineralTree have provided feedback on this feature.
Digital Invoices: Ability to convert invoices to digital formats such as PDF This feature was mentioned in 34 MineralTree reviews.
Recurring Invoices: Automatically generates invoices at pre-defined time intervals 31 reviewers of MineralTree have provided feedback on this feature.

Payment Processing (4)

Encryption: Built-in security to protect payment information in order to prevent fraud and hacking. This feature was mentioned in 10 MineralTree reviews.
Credit Card Processing: The ability to process credit card payments and receive approval or denial of funds from the customer's bank.
Mobile Payments: The ability to process mobile payments from a mobile wallet or other mobile phone payment app.
Digital Wallet Integration: The ability to process payments from a digital wallet service or other digital payment method.

Administration (7)

Reporting & Analytics: Based on 10 MineralTree reviews. Reports and analytics created from payment data.
E-commerce Integration: The ability to integrate directly with an e-commerce platform in order to create a seamless checkout experience.
Processing Fees: Fees associated with processing individual transactions that may be based on a percentage of the purchase or a flat rate.
POS Integration: The ability to integrate with a POS system in order to allow the processing of credit card or mobile payments in a store setting.
Omnichannel: Process payments from multiple channels such as ACH, mobile, or e-commerce.
Levels 1 & 2: Supports levels 1 and 2 for credit card payment processing.
Level 3: Supports level 3 credit card processing which requires additional data for qualification.