“We’ve saved 64 hours of time and money since implementing MineralTree. It’s mission-critical to use an automation solution that directly integrates with your accounting system, unlike the solution we previously used. Using Concur previously, we did not have that feature available.”
Compare MineralTree to Concur for AP Automation
When it comes to making an investment in accounts payable automation technology, we want to give you full transparency to our capabilities vs. other options. The chart belows provides a side by side rating of features within MineralTree and Concur.
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MineralTree vs. Concur Feature Comparison
| Features | MineralTree | Concur | |
|---|---|---|---|
| General | End to end invoice-to-pay solution |  |
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| Purpose built for an invoice-to-pay process | |
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| Two-way automated real-time synchronization with accounting application | |
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| Direct integration with customer's bank | |
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| Accounting/ERP application is the system of record | |
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| Simple, rapid implementation | |
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| Cloud-based unlimited document storage | |
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| Invoice Data Capture | Automated invoice capture | |
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| Originate invoice in either accounting application or Invoice-to-Pay solution | |
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| Purchase Order Matching | |
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| Invoice Approval | Advanced invoice routing | |
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| Customizable invoice workflow rules | |
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| Payment Authorization | Two-factor authentication, two-factor payment verification | |
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| Detailed payment remittance information automatically sent to vendor | |
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| Payment rebates | |
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| Direct payment to vendor, no use of intermediary payment accounts | |
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| Payment Execution | Positive Pay integration | |
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| Guarantee against online payment fraud | |
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| Strict segregation of duties and payment authorization thresholds | |
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Available Partially-Available Not-AvailableWhat our customers are saying about MineralTree
– Casey Walters, Controller, Generation Tux