Melio vs. MineralTree

Melio

21 Reviews and Ratings

MineralTree

10 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Melio	Score 4.4 out of 10	N/A	Melio is a small business-oriented Accounts Payable tool, presented as a service that helps small businesses keep up with business. A B2B payments experience and payment workflow designed to be simple, and to enable businesses to pay domestic and international vendors, expedite payments, or pay by card.	N/A
MineralTree	Score 4.9 out of 10	Mid-Size Companies (51-1,000 employees)	MineralTree automates accounts payable and payments by connecting a business' ERP/Accounting Software to their business bank account. Since the October 2021 acquisition it is a Global Payments brand.	N/A

Pricing

Melio

MineralTree

Editions & Modules

Card processing fee: 2.9%

No answers on this topic

Offerings

Pricing Offerings
Melio	MineralTree
Free Trial
Yes	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Required

Additional Details

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More Pricing Information

Community Pulse
	Melio	MineralTree
Top Pros	Pro Customer service Pro Excellent customer Pro Integrates well	Pro Customer service
Top Cons	Minus Already exist Minus Third party Minus Integration with accounting	No answers on this topic

Features

Melio

MineralTree

Payment Management

Comparison of Payment Management features of Product A and Product B
	Melio 2.2 4 Ratings 95% below category average	MineralTree - Ratings
Customizable Approval Policies	3.14 Ratings	00 Ratings
Financial Document Management	1.03 Ratings	00 Ratings
Payment Status Tracking	3.14 Ratings	00 Ratings
Payment Audit Trail	3.14 Ratings	00 Ratings
Duplicate Bill Detection	1.03 Ratings	00 Ratings
Advanced OCR	1.03 Ratings	00 Ratings
Electronic Funds Transfer	3.14 Ratings	00 Ratings

Accounts Payable

Comparison of Accounts Payable features of Product A and Product B
	Melio 2.6 7 Ratings 72% below category average	MineralTree - Ratings
Automated Accounts Payable Processes	2.47 Ratings	00 Ratings
Vendor Management	2.17 Ratings	00 Ratings
Tax Form Preparation	3.15 Ratings	00 Ratings

Best Alternatives
	Melio	MineralTree
Small Businesses	Square 9 Softworks Score 9.9 out of 10	Square 9 Softworks Score 9.9 out of 10
Medium-sized Companies	Square 9 Softworks Score 9.9 out of 10	Square 9 Softworks Score 9.9 out of 10
Enterprises	Webexpenses Score 8.5 out of 10	Webexpenses Score 8.5 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Melio	MineralTree
Likelihood to Recommend	1.9 (13 ratings)	7.5 (2 ratings)

User Testimonials
	Melio	MineralTree
Likelihood to Recommend	Melio Melio is particularly well suited for small businesses above $100K in revenue whose owners want to save time and simplify bill payments. It is helpful to bookkeepers so that they don't have to ask the owners, over and over again, "what was that check for?" and "can you send me the bill?" Incentivized Steven Ladd CEO Read full review	Global Payments If you are looking to save time on recording transactions. This has been a great time saver, all transactions are easily reconciled and they are automatically posted in Netsuite. Incentivized Sylvia Jurcic Accounting Manager Read full review
Pros	Melio Same day payments Low or no fees Ability to let clients choose how they pay, and pick up payment fees on credit cards if they would like Incentivized David Choy Founder Read full review	Global Payments Great Customer Service. Whenever there is an issue they are very responsive in helping with the issue. At the time it was cheaper than Bill.com for most of the same functionality. Integrated with QuickBooks relatively well. Incentivized Sean Dockery Controller Read full review
Cons	Melio There should be an automatic link between vendors added with their Melio link and the same vendors that already exist in QuickBooks. As it is now, a new vendor is created when you do that and is not linked with the one that already is in QuickBooks. Incentivized Katherine Moore Chess Office/Public Relations Manager Read full review	Global Payments We had some improvements that wanted to be made but so far over the 2 years with them they have made the updates we wanted. Incentivized Sylvia Jurcic Accounting Manager Read full review
Alternatives Considered	Melio Melio is 100% free if you just use ACH, and that by itself would be reason enough for me to stick with the platform, it boats a ton of other useful features that add to the experience. Zac Gaetano Creator Read full review	Global Payments It doesn't. Hands down Bill.com is a better platform that over time has only gotten better. Incentivized Sean Dockery Controller Read full review
Return on Investment	Melio I have been able to save hours every week now that I am only using Melio as my payment processor I can easily add invoice details which I use to create in another platform and upload to Melio, this saves me time with projects I want to be quicker with The ease of use for my clients is fantastic, and makes for a seamless workflow Incentivized Verified User Anonymous Read full review	Global Payments Cost of AP. AmEx integration will allow us to accrue points on our card. Incentivized Sylvia Jurcic Accounting Manager Read full review
ScreenShots		MineralTree Screenshots