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MineralTree Expands Accounts Payable (AP) and Payment Automation Solution for Resellers and BPOs

By CIOReview | Monday, March 28, 2016

CAMBRIDGE, MA: The Accounts Payable (AP) and payment automation solution provider MineralTree, announced the expansion of its partner program for Resellers and Business Process Outsourcers (BPOs) to help its partner companies. It is providing a common platform to Resellers and BPOs to meet the growing market demand.

Colin Toomey, Patner Development Manager, “Midsize companies want and need the functionality of an enterprise procure-to-pay solution, but often cannot afford to make this a reality.” “MineralTree’s solutions fill a huge technology gap, as simple bill pay solutions cannot handle the complexities of multi-entity businesses and approval workflows.”

The company is helping its clients to expand their area of service with MineralTree’s Invoice-to-Pay. Streamlining of invoice and payment process using one integrated solution is enabled by Invoice-to-pay while generating the trust factor in clients.

“Our goal is to deliver flexible, innovative and fully integrated systems to our customers. MineralTree’s Invoice-to-Pay solution integrates directly with Microsoft GP, extending its functionality and making it a great value-add for our customers,” said Jim Willems, Business Development Manager, InterDyn BMI - a Systems Integrator (SI) for Microsoft.

Accounts Payable process can be made better, adhering to client demand by leveraging MineralTree’s reseller program. MineralTree’s solution is capable to improve efficiency, control, and visibility, without any interruption in the current process. This expansion program capitalizes the raising demands of the market that hasn’t been met.

BPOs are expected to deliver better service along with increased profitability, which is realized by MineralTree’s technology. BPOs can capitalize unfulfilled demands with MineralTree.

MineralTree benefits the users with increased efficiency and streamlined operations, reduces end-to-end payment processing costs up to 70 percent, tightens management and control of outgoing cash flow, improves internal controls with two factor authentication and payment verification, segregation of duties and dual approvals. In addition, it gives greater ease of mind with $100,000 annual fraud protection guarantee.