Using Corporate Cards for B2B Vendor Payments
Companies are recognizing the benefits of paying vendors with cards, most popular are the rebates. But the process to pay with a card is often manual and not integrated with the ERP system of record.
Learn more about how easy it is to automate card payments to vendors with MineralTree and benefit from:
- Integration with your ERP eliminates the need for manual payment entry.
- Capturing more cash rebates from using this form of payment.
- Benefiting from adding security derived from encrypting or tokenized the card information.
- Ability to pay your vendors on time while giving yourself some float for cashflow.
- Ability to pay vendors immediately or on an exact date.
Learn About How We Can Help You Capture More Rebates From Cards
These Brands Are Changing The Way They Think About AP
Appalachian Mountain Club, a Microsoft Dynamics Great Plains user, needed an easy way to overcome an Accounts Payable process that was plagued with manual entry, approval delays, and never-ending amounts of paper.
As a nonprofit organization, AMC was excited about earning cashback through SilverPay, MineralTree’s electronic rebate program. And of course, reducing all that paper meant saving some trees.
“With multiple entities requiring monthly payments, we needed a true end-to-end AP Automation solution that not only automates invoice capture, but also processes all of our payments for us using our desired payment method.”
Ahmed Nagy, Controler, Hollywood Wax Museum
Stop manually entering invoices, chasing approvals, waiting for authorizations, and tracking payments. MineralTree Invoice-to-Pay automates the entire invoice-to-payment process—and it works seamlessly with your existing accounting package. AP workflow steps are sync’d automatically, multilayer security means you’re guaranteed against fraud and moving spend onto credit cards earns you valuable rebates.
Need payment automation?
MineralTree FlexPay, an enterprise integrated payables product, streamlines the payment process by consolidating multiple payment types into a single electronic file. Designed for companies making 500-10,000+ payments per month, FlexPay works with any accounting system, improves cash management and reduces costs by optimizing the most efficient payment method.
Go from invoice to payment in 4 easy steps with MineralTree Invoice-to-Pay
Capture your accounts payable invoices painlessly – we do the information extraction for you!
Eliminate manual invoice entry
Simplify posting to your accounting package
Route your invoices for approval anywhere instantly
Use the workflows you already have in place
Easy process via online review and approval
Avoid delays with in-application tracking
Review and authorize (or schedule) bill payments immediately, even on your mobile device
Speed up payment approval process for busy executives
Supports single or multiple authorizers
Enhance security with segregation of duties
It’s your money, so the payment comes from you, not a third-party clearing account
Pay via check, ACH, virtual card, or your own corporate credit card
Vendors receive payment with full remittance detail
Automatic, bi-directional sync with your current accounting system
Reduce risk of online account fraud – guaranteed up to $100,000/year
These brands are changing the way they think about AP by using MineralTree
Who uses MineralTree to automate bill payment with cloud-based AP?
You should, if you’re making 50 or more payments per month.
MineralTree invoice automation simplifies your current invoice processing workflow and controls, so you don’t have to change the way you work. And, it integrates seamlessly with your accounting system and bank.