Case Study: EverQuote streamlines accounts payable with MineralTree TotalAP

EverQuote streamlines its Business Payments Process with MineralTree

EverQuote, the largest U.S. online marketplace for insurance shoppers, faced growing pains as it scaled toward an IPO: manual, paper-based accounts payable run through QuickBooks was slow, error-prone and exposed the company to fraud risk. The finance team needed a centralized, scalable AP process and a smooth transition to electronic payments as they moved to NetSuite.

EverQuote implemented MineralTree TotalAP to automate end-to-end invoice processing and payments; the solution integrated quickly with their accounting systems and supported ACH and credit-card payments with full remittance. The change cut manual work, enabled credit-card rebates, strengthened fraud controls through segregation of duties and dual-factor authentication, paid for itself within a year, and scaled seamlessly when EverQuote moved to NetSuite.

EverQuote

John Wagner

CFO