Melio

Overview
ProductRatingMost Used ByProduct SummaryStarting 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
Pricing
Melio
Editions & Modules
Card processing fee
2.9%
Offerings
Pricing Offerings
Melio
Free Trial
Yes
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeNo setup fee
Additional Details—
More Pricing Information
Community Pulse
Melio
Considered Both Products
Melio
Chose Melio
I love Melio compared to bill.com, which seems to be full of fees and annoying ads that Melio does not have.
Chose 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.
Chose Melio
Melio tested to be much easier to use than BILL.
Additionally, Melio is free for bill payment; others charge quite a bit. Being able to recommend a free app to our clients makes standardizing on a single solution very easy for us.
Chose Melio
Less features than Ramp, but a solid option for free use for ACH. If you need International wires, fees may be higher than other options. However, you can issue paper checks, ACH, wires or use a linked credit card to pay bills.
Chose Melio
I prefer Melio due to its simplistic interface.
Chose Melio
So So Much Better. They Actually Send The Payments Like They're Supposed To.
Chose Melio
I prefer Melio over Bill.com. I prefer Melio because it is easier to cancel or correct a payment on the platform. I like the way that Melio lets you track vendor requests for payment information. I like that it is easy to follow the payment all the way through the process to …
Chose Melio
It is pretty good, but clients call frustrated with it when they have to fix things. I cannot offer it to advanced clients, since the system is too simple.
Chose Melio
Bill.com is more expensive and more difficult to use than Melio. While it has a greater range of functionality and apparently has better integration into QuickBooks, we didn't need the greater functionality and I had just as much trouble integrating into Bill.com as I have with …
Top Pros
Top Cons
Features
Melio
Payment Management
Comparison of Payment Management features of Product A and Product B
Melio
2.2
4 Ratings
95% below category average
Customizable Approval Policies3.14 Ratings
Financial Document Management1.03 Ratings
Payment Status Tracking3.14 Ratings
Payment Audit Trail3.14 Ratings
Duplicate Bill Detection1.03 Ratings
Advanced OCR1.03 Ratings
Electronic Funds Transfer3.14 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Melio
2.6
7 Ratings
72% below category average
Automated Accounts Payable Processes2.47 Ratings
Vendor Management2.17 Ratings
Tax Form Preparation3.15 Ratings
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Melio
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User Ratings
Melio
Likelihood to Recommend
1.9
(13 ratings)
User Testimonials
Melio
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?"
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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
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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.
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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.
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
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