TrustRadius: an HG Insights company

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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

    Tropic

    Score9.4 out of 10
    N/ATropic is a procurement intelligence platform that automatically finds ways to reduce and control costs. By combining procurement workflows, supplier management, and benchmark pricing data together in one place, Tropic brings visibility, control, and leverage to company spend.N/A
    Pricing
    MineralTreeTropic
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    MineralTreeTropic
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeRequiredNo setup fee
    Additional Details——
    More Pricing Information
    Best Alternatives
    MineralTreeTropic
    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
    MineralTreeTropic
    Likelihood to Recommend
    7.5
    (2 ratings)
    9.5
    (2 ratings)
    User Testimonials
    MineralTreeTropic
    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
    Tropic
    Tropic is not ideal if you only have contracts below $5k. There isn't sufficient room to successfully negotiate those down. However, if you have sizable and or multi-year contracts, this is where they excel because they have a lot of real life data points to pull from. They are also tough negotiators. One of our reps owned an exhausting negotiation process with a data aggregator and saved us hundreds of thousands of dollars.
    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
    Tropic
    • Contract negotiation
    • Contract visibility
    • Benchmarking
    • Current contract usage
    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
    Tropic
    • Their platform could be improved a bit to do a better job of shadow IT tracking (licenses being used or expenses).
    • Lowering prices for folks who may only want their platform without negotiation services.
    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
    Tropic
    We reviewed other provides for automated bill entry, but not for contract negotiation.
    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
    Tropic
    • They returned savings for us that was greater than the cost of their service.
    • The company has better hygiene in terms of being on top of our contracts - from negotiating terms that finance cares about to ensuring we don't let a contract auto-renew.
    Incentivized
    Read full review
    ScreenShots

    MineralTree Screenshots

    Screenshot of AP and Payment Automation from MineralTree