MineralTree upgrades its accounts payable automation

Thursday 26 July 2018 10:19 CET | News

US-based AP automation solutions provider MineralTree has announced upgrading its software to deliver working capital benefits and enhance security.

These additions are meant to strengthen the company’s Invoice-to-Pay solution, which middle market businesses rely on to automate their invoice and payment workflows. Automated Purchase Order Matching uses pattern matching techniques to compare invoices against POs, eliminating the risk of paying for goods or services not received.

Automated Payment Scheduling creates set-it-and-forget-it functionality for approved invoices. Now AP managers can schedule payments to optimise cash flow and eliminate fees due to late payments. Beyond these features, the latest MineralTree release includes higher security and advanced audit reporting.

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Keywords: MineralTree, AP automation, accounts payable, accounts payable automation, US, Automated Purchase Order Matching, Automated Payment Scheduling, e-invoicing
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