TotalPay
Make manual B2B payments a thing of the past
Make manual B2B payments a thing of the past
$8-10
is the average cost of making a check payment, not counting the opportunity cost of lost AP projects
74%
of businesses were targets of check fraud in a 2020 AFP Survey, while 55% faced some type of ACH fraud
64%
of CFOs intend to make more electronic payments, like virtual cards, in the next year
Your Key To Automated & Optimized Payments
MineralTree’s TotalPay payment automation solution is an extension of your AP team. It transforms your manual, labor-intensive payments workflow into an efficient process that is optimized to improve the security, speed, and costs of your B2B payments.
You still choose who gets paid, and when. MineralTree then takes over to ensure timely payments using the most suitable payment method. In addition, we take vendor management and support off your plate, so you can focus on high value activities.
TotalPay is the easiest path to automated and optimized payments, regardless of your industry, bank or team size.
Connect Any ERP Without an IT Project
With out-of-the-box integrations to a wide range of ERPs, TotalPay seamlessly connects to your accounting system without a big, costly IT project.
Why Automate & Optimize Payments?
There's so much to gain from overhauling your manual payments process
Enhance Security
Mitigate risk by maximizing ePayments, offloading the management of vendor payment details, and leveraging best-in-class security controls.
Increase Efficiency
Free up AP staff from onerous workloads by automating payment execution and eliminating vendor enrollment, management and support.
Reduce Payment Costs
Optimize your payment mix to reduce the dependency on high-cost, high-effort payment methods like checks, and increase the usage of ePayments that generate rebates.
Simplify Reconciliation
Reconcile just once per payment run rather than reconciling individual payments as they are processed.
Retain Control
Determine which suppliers get paid when, and maintain visibility into payment status at all times.
Improve Supplier Experience
Delight your suppliers with timely payments, enhanced remittance, and an easy way to change payment preference or request status updates.
Don't Just Take Our Word For It
I took the charge to eliminate paper checks, and the challenges they bring, at our company. MineralTree's user-friendliness and ERP connection made this a very easy mission.
Maintaining and updating sensitive vendor information is a crucial part of our AP process, and MineralTree makes it very easy to do so. It has saved me lots of time so I can focus on high-value projects like capital campaigns for the museum.
Proudly Using MineralTree TotalPay
Calculate Your ROI
We get it–it’s a big decision to spend your valuable budget on a solution you think might be a great fit for you. Try our ROI calculator and see just how quickly you could potentially benefit from TotalPay.
Resources
Schedule a Demo
Take a spin with an informative demo and see how MineralTree works in action.
