In this seventh edition of the State of AP Report, MineralTree surveyed 900+ finance professionals on the progress of digital payments and end-to-end AP automation. The report also features data from its first ever vendor survey. This additional perspective provides a 360-degree view of the AP and B2B payments landscape, identifying the most pressing issues for both buyers and suppliers, and their impact across a range of industries.
Download to get the latest data on:
• This year’s top digitization priorities for the back office
• Covid’s long-term impact on finance teams
• Payment trends and business priorities for both buyers and suppliers
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.