Highlights : About MineralTree Software
ACH check transactions
Online payments
Mobile payments
ACH payment support
Electronic payments
XML data expotable to .csv
Product Details
Features
ACH check transactions
Online payments
Mobile payments
ACH payment support
Electronic payments
XML data expotable to .csv
Customizable payment authorization
Remittance document management
Integrated two-factor verification
Batch payment approval & processing
Invoice processing & management
Manage approval workflows
Accounting system integration
Scheduled remittance emails
Two-factor authentication
Benefits
MineralTree FlexPay is an automated accounts payable solution
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.
Lower payment processing
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
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
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
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.