MineralTree vs. Quadient Accounts Payable by Beanworks

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MineralTree
Score 4.4 out of 10
Mid-Size Companies (51-1,000 employees)
MineralTree automates accounts payable and payments by connecting a business' ERP/Accounting Software to their business bank account. Since the October 2021 acquisition it is a Global Payments brand.N/A
Quadient Accounts Payable by Beanworks
Score 6.9 out of 10
N/A
Quadient Accounts Payable by Beanworks is an accounts payable solution that uses custom rules to automate and show every step of an organization's AP workflow, and is used to route POs, invoices, and payment approvals.N/A
Pricing
MineralTreeQuadient Accounts Payable by Beanworks
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
MineralTreeQuadient Accounts Payable by Beanworks
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeRequiredRequired
Additional Details
More Pricing Information
Community Pulse
MineralTreeQuadient Accounts Payable by Beanworks
User Ratings
MineralTreeQuadient Accounts Payable by Beanworks
Likelihood to Recommend
7.5
(0 ratings)
9.0
(0 ratings)
Usability
-
(0 ratings)
9.0
(0 ratings)
User Testimonials
MineralTreeQuadient Accounts Payable by Beanworks
Likelihood to Recommend
It's well suited if you would like to negotiate a good price and you are a small company needing an AP solution. However, I would say stick to Bill.com if you want a solution you can grow with.
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The one part I would suggest approval in is when updating an invoice. If for example, one employee approved an invoice and then I, the administrator, make a change before the second employee approves an invoice the invoice is resubmitted to the original employee. It would be much easier if the invoice would only go to the secondary/final approver even once a change is made
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Pros
  • Great Customer Service. Whenever there is an issue they are very responsive in helping with the issue.
  • At the time it was cheaper than Bill.com for most of the same functionality.
  • Integrated with QuickBooks relatively well.
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  • It's easy to access.
  • It's simple to use.
  • It works well with QuickBooks.
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Cons
  • We had some improvements that wanted to be made but so far over the 2 years with them they have made the updates we wanted.
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  • Updating Approval Channels
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Usability
No answers on this topic
Beanworks takes some time to set up initially, but once it's ready on your computer, it is very easy to use in conjunction with QuickBooks. They have representatives that are readily available or can schedule an appointment to walk you through it if you are ever having issues. Uploading invoices is quick and easy. Approvers can easily make changes to coding before approving.
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Alternatives Considered
At the time, we had to records transaction twice when we had Bill.com, MineralTree solved that problem.
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I have not used a system like Beanworks before -- this is my first -- but it is a great tool.
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Return on Investment
  • Cost of AP.
  • AmEx integration will allow us to accrue points on our card.
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  • Organized data
  • Clearer financial statements
  • Bills paid more timely
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ScreenShots

MineralTree Screenshots

Screenshot of AP and Payment Automation from MineralTree