Oracle EBS Accounts Payable Automation Solution

MineralTree makes it easy to pay vendors in their preferred format without piling on extra work processes for your AP team. Schedule your vendor payments in their method of choice, minus the hassle of dealing with manual check runs or the headaches that come with adding new payment types.

Manual processes can muddy the waters, making it hard for AP teams to accurately track invoices through to approval and payment. MineralTree provides clarity and increases visibility so no invoice gets lost or forgotten along the way. As a result, AP teams can always quickly and accurately determine where every payment is in the AP workflow.

Take advantage of early payment discounts by processing invoices quickly and easily scheduling payments in the MineralTree system. You can also get rebates on your purchases and save your business money by leveraging our virtual card option.

MineralTree captures invoice data through a combination of OCR technology and human review. In doing so, our system can capture individual invoice line items and use them in AP analytics.

40% of AP professionals noted that their team’s capacity to enroll vendors was an obstacle for converting more spend to ePayments. MineralTree supports teams by cross-referencing your list of vendors with our database to determine which of your suppliers already accept electronic payments. If your team is ready to convert more of your payment mix to ePayments, our team can help enroll your strategic vendors into digital payment methods.

Business email compromise is one of the most common fraud methods used to target AP teams. MineralTree minimizes this threat by automatically cross-referencing invoice data with existing vendor information stored in the system to confirm that they match or flag them for team review. This ensures AP teams retain complete control over the process, while increasing security and protections along the way.

MineralTree’s analytics capabilities power AP departments to be more strategic. Companies can use platform analytics to optimize their payment mix and take advantage of early payment discounts. Additionally, data is available upon invoice capture, making financial reporting more timely and accurate.

Your team has invested in Oracle EBS to serve as a cohesive point of record for your business. MineralTree syncs all approval and invoice data into Oracle EBS, allowing both systems to have accurate and timely information.