Nucleus Research ROI Award Winner M’oda ‘Operandi Earns 366% ROI with MineralTree
Adopting automation cuts accounting processes time and boosts productivity and revenue
Cambridge, MA, August 7, 2018 – MineralTree is proud to have our client, M’oda ‘Operandi, named a winner in The Nucleus Research 16th Annual Tech ROI Awards. M’oda ‘Operandi, the first online luxury retailer to provide consumers access to full collections straight from the runway, earned 366% ROI by streamlining their accounts payable process. The company selected MineralTree’s solution that delivered one central and digital repository for all invoice-related documentation, accessed by anyone, anywhere.
This award win represents our deep commitment to driving value for businesses by streamlining their everyday accounts payable (AP) processes. We continue to be focused on growing middle market companies that are looking for ways to improve cash flow and bring greater efficiency to their financial operations.
Founded in 2010 and headquartered in New York City, M’oda ‘Operandi provides fashion trendsetters with access to complete collections from the finest brands around the world. Looking to transition away from manual, paper-based accounting processes, the company sought a solution that would improve efficiency and give accounting employees the ability to focus on their core responsibilities.
“Achieving exceptional business results no longer comes as easily as the rip-and-replace with cloud service option from previous years. Companies are getting smarter about how to boost productivity with today’s solutions and these winners represent the most successful case studies from the past year,” said Ian Campbell, CEO at Nucleus Research.
Automating and streamlining the AP process means that not only are accounting teams able to eliminate unnecessary manual intervention, but productivity within them also improves. This implementation from MineralTree has provided M’oda ‘Operandi with speedy invoice processing, fewer errors, and efficiency for the team.
Nucleus Research analysts performed an independent ROI assessment calculating the actual business benefits and ROI achieved by the project. Each submission is reviewed and evaluated by the Nucleus Research analyst team and the winners are chosen strictly based on the ROI achieved.
See the full report and further benefit details at: https://nucleusresearch.com/research/single/mineraltree-roi-case-study-moda-operandi/
MineralTree is transforming corporate accounting by fully automating Accounts Payable (AP) and B2B Payments for middle-market companies. MineralTree’s easy-to-use cloud-based application seamlessly integrates with many standard accounting packages in order to automate accounts payable and efficiently make electronic B2B payments.
With this award-winning AP and Payment Automation solution, MineralTree has helped more than one thousand businesses transform accounts payable from a source of inefficiency and fraud risk to a secure and strategic profit center that provides deep visibility into the cost drivers of the business.
Founded in 2010 and based in Cambridge, MA, MineralTree sells its solution directly to customers and through value-added partners consisting of financial institutions, consultants, payment processors, and credit card issuers.
For more information visit www.mineraltree.com.
(617) 299-3399 Ext. 167