Shlomi Lavi /
Jun 26, 2022
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Bottom Line: Which is Better - Accounts Payable Automation or MineralTree?
Accounts Payable Automation is more expensive to implement (TCO) than MineralTree, and Accounts Payable Automation is rated higher (88/100) than MineralTree (83/100). Accounts Payable Automation offers users more features (4) than MineralTree (0).
Looking for the right Accounts Payable solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
ReadSoft Vs. MineralTree
ReadSoft : ReadSoft has been a pioneer in P2P invoice automation since the 1990s, when the company first brought free-form technology for invoice processing to market. Today, ReadSoft continues to be a global leader in business document process automation, with 2,500+ accounts payable solution applications worldwide – more than double the total applications o...
MineralTree: MineralTree makes the easiest-to-use mobile and online AP automation software for finance professionals like you at growing organizations. Whether you’re a controller, AP manager, CFO, or other payment approver, MineralTree’s invoice payment processing solution streamlines AP, giving you significant cost savings and unparalleled control in an affor...
Who is more expensive? Accounts Payable Automation or MineralTree?
The real total cost of ownership (TCO) of Accounts Payable software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Accounts Payable Automation and MineralTree.
Accounts Payable Automation price starts at $595 per license , On a scale between 1 to 10 Accounts Payable Automation Software is rated 6, which is similar to the average cost of Accounts Payable software. MineralTree price starts at $200 per month , When comparing MineralTree to its competitors, the software is rated 4 - lower than the average Accounts Payable software cost.
Bottom line: Accounts Payable Automation is more expensive than MineralTree.
Which software includes more/better features?
We've compared Accounts Payable Automation Vs. MineralTree based on some of the most important and required Accounts Payable features.
Accounts Payable Automation: Accounts Payable, Accounts Receivable, Billing & Invoicing, Fixed-Assets.
MineralTree: We are still working to collect the list of features for MineralTree.
Target customer size
Customers of the software include businesses of all sizes and a variety of types from all over the world. and MineralTree's target customer size include: SMBs.