Case Study: a B2B SaaS company streamlines AP and speeds vendor payments with MineralTree

SaaS Company speeds vendor payments to 2–3 days with MineralTree

A SaaS company, a global provider of enterprise software, faced significant challenges with its outdated accounts payable process. The finance team struggled with slow supplier onboarding, ACH payments that took a week to clear, and difficult reconciliation issues. To solve these bottlenecks, they implemented Sage Vendor Payments powered by MineralTree.

The solution from MineralTree integrated seamlessly with Sage Intacct, enabling the company to activate new vendors in minutes and process payments in just two to three days. This dramatically improved supplier relationships and made reconciliation effortless, as transactions posted to the general ledger within minutes. The team, which processes about 200 payments monthly, reported remarkable time savings and reduced stress, allowing them to focus more on the financial close and support the company's mission.