MineralTree
36 Case Studies
A MineralTree Case Study
Forge Biologics, a fast-growing gene therapy manufacturer, went from about 30 to over 200 employees in 18 months, straining back-office functions—especially accounts payable. With just two senior finance staff handling payments via paper checks and bank wires, the manual process was time-consuming, error-prone, and risked supplier relationships at a time when on-time payments were critical.
Forge selected MineralTree for its flexibility and native integrations with QuickBooks and NetSuite, plus seamless Prendio PO matching. Implementation was fast and painless, and automated invoice capture and workflow now enable 90% of payments to be electronic, with virtual cards accounting for over 10% of spend and projected rebates of at least $80,000—avoiding new AP headcount and improving supplier relations.
Nicole Sleeper
Accounting Specialist