Global Payments Inc. (NYSE: GPN), through its MineralTree business, has teamed up with Sage, a global leader in accounting and business management software, to launch Vendor Payments powered by MineralTree, an embedded accounts payable (AP) automation solution within Sage Intacct. This innovation is designed to give SMB finance teams an integrated, streamlined method to pay vendor bills directly from their existing financial system.
Features and Benefits
1. Integrated, Frictionless AP Workflows
- Seamless Payment Initiation: Finance teams can now make vendor payments without leaving the Sage Intacct interface.
- Eliminates Tool Switching: No more multiple logins, syncing delays, or middleware complexities.
- Streamlined Onboarding: Fast setup and simple user experience.
“Our goal was to embed payments into the software finance teams already use daily.”
— Brian Greehan, Head of B2B Solutions, Global Payments
2. End-to-End Control and Visibility
- Supports Multi-Entity Workflows: Including approval rules, PO matching, credits, and discounts.
- Real-Time Payment Status: Directly within Sage Intacct for improved cash flow visibility.
- Secure Transactions: Payments via ACH, virtual cards, and checks from existing bank accounts.
- Direct Debit Funding: Speeds up settlement and simplifies reconciliation.
3. Financial Incentives and Efficiency Gains
- Cash-Back Rebates: On spend using virtual cards.
- Time Saved: Reduces manual processes and allows teams to focus on strategic initiatives.
- Improved Accuracy: By reducing the risk of errors due to system switching or syncing delays.
“Embedding payments directly into Sage Intacct creates smoother workflows and frees time for strategic tasks.”
— Dan Miller, EVP, Financials and ERP Division, Sage
Vendor Payments powered by MineralTree is a transformative step for SMBs seeking financial efficiency and operational control. By embedding payments directly into Sage Intacct, Global Payments and Sage are setting a new benchmark for accounts payable automation, enabling businesses to operate faster, safer, and smarter.
As the solution expands beyond Sage Intacct to other platforms, it paves the way for wider adoption of embedded payment capabilities across the fintech ecosystem.
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