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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    MineralTree

    Score10 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

    Wise

    Score9.8 out of 10
    N/AWise, formerly TransferWise, from the company of the same name headquartered in London, provides international accounts and payment solutions for businesses. Wise helps businesses pay international invoices, vendors, and employees with the real exchange rate, in 80 countries, boasting cheaper rates than traditional banking options. It also helps to make faster, lower-cost payouts to all business customers, freelancers, employees, investors, and suppliers around the world.

    $0.41

    one-time fee

    Pricing
    MineralTreeWise
    Editions & Modules
    No answers on this topic
    ATM Fees over 100 USD per month
    2%
    One time/%
    Accounting Funding transactions
    2%
    One time/%
    Receiving USD wire payments
    4.14 USD
    One time/%
    Getting the Wise Debit card
    5 USD
    One time/%
    Getting account details in 10 currencies
    31 USD
    One time/%
    Sending money
    From 0.41%
    One time/%
    Converting money
    From 0.41%
    One time/%
    Offerings
    Pricing Offerings
    MineralTreeWise
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeRequiredNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    MineralTreeWise
    Considered Both Products
    Global Payments
    No answer on this topic
    Wise (formerly TransferWise)
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    96%
    Would buy again
    22 Answers
    Delivers good value for the price
    No answers on this topic
    96%
    Delivers good value for the price
    22 Answers
    Happy with the feature set
    No answers on this topic
    96%
    Happy with the feature set
    22 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    89%
    Lived up to sales and marketing promises
    17 Answers
    Implementation went as expected
    No answers on this topic
    100%
    Implementation went as expected
    18 Answers
    Best Alternatives
    MineralTreeWise
    Small Businesses
    Tipalti
    Score7.7 out of 10
    No answers on this topic
    Medium-sized Companies
    Stampli
    Score8.4 out of 10
    No answers on this topic
    Enterprises
    Yooz
    Score8.8 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MineralTreeWise
    Likelihood to Recommend
    7.5
    (2 ratings)
    9.0
    (24 ratings)
    Support Rating
    -
    (0 ratings)
    10.0
    (1 ratings)
    User Testimonials
    MineralTreeWise
    Likelihood to Recommend
    Global Payments
    If you are looking to save time on recording transactions. This has been a great time saver, all transactions are easily reconciled and they are automatically posted in Netsuite.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    For a small business looking to expand internationally, transferwise offers lower admin fee and no hidden fee which is very important. It also remove the hassle and headache of setting up accounts with the local banks. Other than the low fees, the best part is we can use transferwise safely with a peace of mind as it is being regulated by the MAS. Lastly, any small business can set up their transferwise account within minutes which is very convenient
    Incentivized
    Read full review
    Pros
    Global Payments
    • 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.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • Quick - because funds are transferred domestically, even when going international, you don't have to wait long.
    • Easy - the printout of what information I needed to give the sending bank was complete and easy to understand.
    • Affordable - the fees on both ends were minimal.
    Incentivized
    Read full review
    Cons
    Global Payments
    • 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.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • For large money transfers, the tax is a bit expensive so it would be nice if that was adjusted or if there was some economy of scale.
    • Ability to schedule recurring transfers could be useful.
    • Be able to transfer money by using a mobile phone number, like with Mobile Pay or Bizum, when the sender and receiver of the money are in different countries.
    Incentivized
    Read full review
    Support Rating
    Global Payments
    No answers on this topic
    Wise (formerly TransferWise)
    We haven't really had to engage with TransferWise support. The platform is simple and easy to use.
    Incentivized
    Read full review
    Alternatives Considered
    Global Payments
    It doesn't. Hands down Bill.com is a better platform that over time has only gotten better.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    We considered PayPal payment, ACH bank transfer, and simply mailing a check. TransferWise's fees were much lower than PayPal and our bank. Postage might have been less than TransferWise's fee, but payment could have taken more than a week rather than hours (or days in the case of a new payee).
    Incentivized
    Read full review
    Return on Investment
    Global Payments
    • Cost of AP.
    • AmEx integration will allow us to accrue points on our card.
    Incentivized
    Read full review
    Wise (formerly TransferWise)
    • We can save around 5% on our transfer fees
    • The online account management is easier than going into banks personally
    • There's no negative impact...
    Read full review
    ScreenShots

    MineralTree Screenshots

    Screenshot of AP and Payment Automation from MineralTree