Home > Softwares > Accounting and Finance Software > Accounting Software > MineralTree FlexPay

MineralTree FlexPay

Name: MineralTree FlexPay
Rating: 4.5 (2 reviews)

By

905 Interested

Highlights : About MineralTree FlexPay

Accounting system integration

Batch payment approval & processing

Customizable payment authorization

About MineralTree FlexPay

MineralTree’s FlexPay promises an integrated payable solution suitable for enterprise-level business that process from 500 to 10,000 payments every month. The secure system, boasting two-factor verification and SilverGuard fraud protection, automates the accounts payable (AP) process to streamline high volumes of payments while implementing strict controls. Authorization thresholds can be set to allow payment release and processing immediately or sent for extra approval, while authorized users can tweak thresholds to define custom approval workflows, schedule early payments and set approval limits for all. Authorized payments are then implemented effortlessly, leaving FlexPay to execute electronic payments autonomously. Business users can therefore issue secured payments of varying types including paper checks, ACH, plus credit or virtual cards – with the latter being sent to enrolled vendors, payments eligible for rebates or cash back. In addition, FlexPay keeps everyone informed and documented by sending electronic remittance details to vendors who can expect payment in the shortest possible time. The system claims to provide enviable visibility on payment progress while adhering to strict cash flow schedules, recording activities to audit trails and generating exportable invoice reports.

Specifications

24/7 Support

Yes

Business Size

Mid-Market

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

ACH check transactions

Online payments

Mobile payments

ACH payment support

Electronic payments

Customizable payment authorization

Remittance document management

Batch payment approval & processing

Invoice processing & management

Accounting system integration

Benefits

MineralTree FlexPay is an automated accounts payable solution, providing businesses making in excess of 500 payments per month, a secured online system that integrates with existing ERPs.

The product claims to lower payment processing costs by as much as 70%, using authorization thresholds to define and schedule approved payments before handling execution automatically.

Businesses can issue authorized payments rapidly by ACH, physical checks, commercial credit card or virtual card, sending electronic remittance data straight to vendors.

lncludes advanced payment security with two-factor authentication, two-factor payment verification, payment limits, Positive Pay integration, plus a $100,000 annual loss guarantee against online fraud.

XML files define vendor and invoice data, ready for import into MineralTree via SFTP, while daily payment reports are generated in .CSV format to provide convenient data import/export.

Recommended Product

Social Media Premium Package

Features: 30 High Quality Postings 3 Social Media Platform

Website Design Standard Package

Features: Linking 30 to 50 static pages. Call to Action feature.

Diginyze Standard Cloud

Features: Upto 500 products Listing 24/7 Chat BOT support.

ECommerce SEO Gold Package

Features: 1- 100 products optimized Easy way to position your ecommerce store in Google, Yahoo, and Bing results

SEO Advance Package

Features: Upto 200 Keyword Optimization ROI-Driven SEO

Richmond ServiceDesk

Features: Email Integration Surveys & Feedback

Square 9 GlobalSearch

Features: Access Controls/Permissions Optical Character Recognition

Tellmysale

Features: GPS TRACKING ONLINE PURCHASE ORDER

Accounting by Wave

Features: Accounts Receivable Billing & Invoicing