MineralTree TotalAP

Helped speed up our AP Process

Vantagens:

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!

Desvantagens:

Sometimes we have syncing issues between NetSuite and the platform, but support is quick to respond.

MineralTree Has Streamlined and Automated Our AP

Comentários: Invoice-To-Pay has definitely sped up our invoice processing and allows us to spend more time to address
other job responsibilities. Having a paperless system has also allowed us to free up space in our office and cut down on lost invoices.

Vantagens:

I love that MineralTree has allowed us to become a paperless system which also allows us to cut back on errors and missing invoices. We moved from NetSuite to MineralTree which also provided a faster way to process an invoice. With just a quick review and a few clicks the invoice is processed and ready for payment.

Desvantagens:

I don't like that the software adds purchase orders for a vendor that have been received but have nothing to do with the invoice. I also don't like that the software adds new purchase orders even if a purchase order is already assigned to the invoice.

Decent, but not great, software for accounts payable

Comentários: It has been a tough transition, and our old software through SharePoint was easier to use overall, for the user and the administrator.

Vantagens:

We switched to MineralTree for accounts payable last year, and the review process for submitting invoices to Finance is relatively seamless. The layout and functionality are two highlights.

Desvantagens:

When there are multiple approvers or budget managers involved, the software can be slow to use, and really cause delays for paying invoices. Also, editing or fixing pre-loaded invoices is not easy whatsoever.

I have used many features of the mineraltree system and found each one user friendly.

Comentários: Ease of tracking, reconciling and vendor payments

Vantagens:

The mineraltree system seems to be ahead of most. The sync capabilities with various accounting software has made invoice paying less cumbersome. The ability to scan invoices and able to search and retrieve for verification has been eased. Our approval process is a two part and being able to simply scan, submit, verify and pay has cut down on wasted time as well as wasted money. We currently use QuickBooks and have found the sync process is easy and fast. We are able to get vendors paid and payments posted quickly. The ACH payment process in the beginning took some getting use to but now that I am use to the process, it is my preference however not all vendors we deal with utilize ACH yet. Overall, we have been very happy with all mineraltree has to offer and all their improvements over the years.

Desvantagens:

It took some getting use to but as with any software there is a learning curve. ACH payments are the most difficult if you are syncing with Quickbooks and your bank. When a ACH payment is paid its not broken out in your banking reconciliation as to who was paid it is just an amount so if you have multiple ACH payments on the same day it is not clear who is paid what. I have learned to date my payments days apart as to not have this lump sum amount. I find it very simple now and just requires a payment date to be entered in mineraltree that separates ACH payments.

MineralTree has assisted me by allowing me to use email less & by tracking the history of invoices.

Comentários: Better time management and a faster way to get items approved so I may pay them quickly.

Vantagens:

I like that I may use it with Intacct fairly efficiently. My emails have gone down exponentially since we added MineralTree last year. With so many people offsite, plus with certain in-house authorizers known to lose paperwork, digital was the way to go. However, by using email to send invoices and get the approvals back, I felt like all I did was babysit my A/P email all day, not to mention that I had to stalk some people who simply refused to address the emails. Now I can have most invoices sent by email to my invoice reader account, which drops into MineralTree. I can access it ASAP, or let it read it. If the vendor has one approver, that's set up too, hence cutting down a lot of time attempting to get a simple code and approve done. Truly a time saver.

Desvantagens:

There are times I get shuttled into places I didn't attempt to go to, so the system will begin filling in account codes, the wrong approver, etc. Other times I sit waiting for my screen to move, which takes away some of the efficiency I got back from moving things out of email. About 30% of the time, I have to kill the tab, sign back in, and start over. There are times it's my fault because I clicked on something too quickly, but sometimes it just "happens". Glitches are fairly frequent compared to Intacct.