BOSTON, Oct. 16, 2018 /PRNewswire-PRWeb/ -- MineralTree, a leading Accounts Payable (AP) and Payment Automation provider, is pleased to announce the appointment of Chris Sands as Chief Financial Officer (CFO). Sands represents the most recent addition to the MineralTree leadership team as it accelerates the pace of its growth as a leading provider of middle market AP Automation solutions.
"As a CFO, I have longed for the efficiency, improved visibility, and reduced risk of fraud that the MineralTree AP Automation solution delivers," said Sands. "And, in addition, I am looking forward to ensuring that my finance team plays a strategic role in furthering the impressive growth of the company."
Sands is an accomplished finance leader, with a diverse background in a number of finance and related functions – from Treasury and FP&A to Investor Relations and Investment Banking at leading firms including PwC, Barclays, and J.P. Morgan. Most recently, Sands held senior leadership roles at EnerNOC and Thermo Fisher Scientific.
"Chris and his experience is just what the company needs in our hour of rapid growth," said MineralTree Founder and CEO BC Krishna. "I'm excited to be working with Chris as he helps guide the company strategy and continues creating value for all of our stakeholders."
Sands holds a Bachelor of Science in Accounting, Finance, and Economics from Lehigh University and an MBA from the University of Virginia's Darden School of Business. He is both a Certified Public Accountant and a CFA charterholder.
MineralTree is transforming corporate accounting by fully automating Accounts Payable (AP) and B2B Payments for middle-market companies. MineralTree's easy-to-use cloud-based application seamlessly integrates with many standard accounting packages in order to automate accounts payable and efficiently make electronic B2B payments.
With this award-winning AP and Payment Automation solution, MineralTree has helped more than one thousand businesses transform accounts payable from a source of inefficiency and fraud risk to a secure and strategic profit center that provides deep visibility into the cost drivers of the business.
Founded in 2010 and based in Cambridge, MA, MineralTree sells its solution directly to customers and through value-added partners consisting of financial institutions, consultants, payment processors, and credit card issuers.