Since the pandemic, uncertainty has rippled the economy. Market disruptions, inflation, and interest rates have challenged businesses across the globe. As a result, finance leaders are tasked with reducing expenses and driving efficiency across their organizations. AP, in particular, has become a key focus for boosting productivity. According to our Eighth Annual State of AP Report, digitizing accounts payable remained a top priority this year, as cash flow became more indispensable.
In this report, we surveyed 800+ finance professionals and over 200 of their vendors on the state of digital payments and end-to-end AP automation. Download our report to learn about:
- The pressures AP teams are facing
- The biggest pain points for suppliers
- How payment data can help optimize cash flow
- The benefits of AP automation in driving efficiency
Our clients love what MineralTree has done for their business
MineralTree helped us reduce the risk associated with our past process and protect our overall competitive advantage.
Implementing MineralTree was easy, we had the solution up and running inside of a month and we were running at a functional level within 45 days. And nearly immediately the chaos was removed from the equation.
Data showed that we had reduced our overall time commitment related to AP, on average, by 70% from our previous processes. Our investment in MineralTree paid for itself within the first 60 days of use.
[MineralTree] integrated with our accounting system and it could take an invoice all the way to payment. It automatically made us accrual day one when we turned it on with an integration into GP.
Connect to 100s of ERPs with Minimal Integration Effort
MineralTree has the broadest ERP coverage across mid-market and enterprise. TotalAP supports direct, real-time integration with the world’s leading ERPs, along with the ability to integrate with hundreds of others.