Apruve vs. Melio

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Apruve
Score 0.0 out of 10
N/A
Apruve's B2B Credit Network allows businesses to extend net terms to their customers without the associated financial risk or slow cash flow of waiting for customers to pay. How it works Apruve finances each business buyer through an automated online application. Once a buyer is approved, they will be issued a revolving line of credit to purchase against. Whenever they purchase from their preferred suppliers, Apruve will issue payment to the supplier within 24 hours of being…N/A
Melio
Score 3.9 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
ApruveMelio
Editions & Modules
Non-Financed
1 - 2%
Invoice
Financed
2 - 3%
Invoice
Card processing fee
2.9%
Offerings
Pricing Offerings
ApruveMelio
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$99 Monthly SaaS Fee—
More Pricing Information
Community Pulse
ApruveMelio
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
ApruveMelio
Payment Management
Comparison of Payment Management features of Product A and Product B
Apruve
-
Ratings
Melio
1.0
3 Ratings
143% below category average
Customizable Approval Policies00 Ratings1.03 Ratings
Financial Document Management00 Ratings1.03 Ratings
Payment Status Tracking00 Ratings1.03 Ratings
Payment Audit Trail00 Ratings1.03 Ratings
Duplicate Bill Detection00 Ratings1.03 Ratings
Advanced OCR00 Ratings1.03 Ratings
Electronic Funds Transfer00 Ratings1.03 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Apruve
-
Ratings
Melio
2.0
5 Ratings
93% below category average
Automated Accounts Payable Processes00 Ratings2.35 Ratings
Vendor Management00 Ratings2.15 Ratings
Tax Form Preparation00 Ratings1.64 Ratings
Best Alternatives
ApruveMelio
Small Businesses
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Medium-sized Companies
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Enterprises
Webexpenses
Webexpenses
Score 8.5 out of 10
Webexpenses
Webexpenses
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
ApruveMelio
Likelihood to Recommend
-
(0 ratings)
1.9
(11 ratings)
User Testimonials
ApruveMelio
Likelihood to Recommend
Apruve
No answers on this topic
Melio
Melio is well suited for accountants or bookkeepers who process accounts payable for their clients as it integrates well with QBO, is cost-efficient, and easy to use. Whether you process a few or several invoices per day, Melio makes the process very simple to carry out and follow to the end (deposit).
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Pros
Apruve
No answers on this topic
Melio
  • It is a low cost application
  • Very easy to process payments and significantly more efficient than its competitors
  • Very easy to add users and teach them how to use the platform
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Cons
Apruve
No answers on this topic
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
Apruve
No answers on this topic
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 its deposit.
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Return on Investment
Apruve
No answers on this topic
Melio
  • It imports all invoices from quickbooks, but it doesn't close invoices it receives payments for without manual effort. In my opinion, it's a bit clunky
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ScreenShots