Basware Procure-to-Pay vs. Melio

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Basware Procure-to-Pay
Score 7.7 out of 10
N/A
A solution for all purchase order sources by integrating into any existing procurement or ERP system, with an e-Invoicing solution to automate invoice capture, touchless accounts payable automation, and e-procurement natively integrated.N/A
Melio
Score 8.5 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
Basware Procure-to-PayMelio
Editions & Modules
No answers on this topic
Card processing fee
2.9%
Offerings
Pricing Offerings
Basware Procure-to-PayMelio
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Basware Procure-to-PayMelio
Features
Basware Procure-to-PayMelio
Payment Management
Comparison of Payment Management features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
Melio
9.3
14 Ratings
21% above category average
Customizable Approval Policies00 Ratings8.111 Ratings
Financial Document Management00 Ratings9.410 Ratings
Payment Status Tracking00 Ratings9.914 Ratings
Payment Audit Trail00 Ratings9.811 Ratings
Duplicate Bill Detection00 Ratings9.610 Ratings
Advanced OCR00 Ratings9.69 Ratings
Electronic Funds Transfer00 Ratings9.012 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Basware Procure-to-Pay
-
Ratings
Melio
9.3
18 Ratings
28% above category average
Automated Accounts Payable Processes00 Ratings8.917 Ratings
Vendor Management00 Ratings9.317 Ratings
Tax Form Preparation00 Ratings9.511 Ratings
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Basware Procure-to-PayMelio
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User Ratings
Basware Procure-to-PayMelio
Likelihood to Recommend
8.0
(6 ratings)
8.9
(24 ratings)
Likelihood to Renew
5.4
(5 ratings)
9.6
(2 ratings)
Usability
-
(0 ratings)
8.2
(4 ratings)
Availability
-
(0 ratings)
9.0
(1 ratings)
Performance
-
(0 ratings)
7.0
(1 ratings)
Support Rating
-
(0 ratings)
8.0
(1 ratings)
In-Person Training
-
(0 ratings)
9.0
(1 ratings)
Online Training
-
(0 ratings)
8.0
(1 ratings)
Implementation Rating
-
(0 ratings)
9.0
(1 ratings)
Configurability
-
(0 ratings)
9.0
(1 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
7.0
(1 ratings)
Ease of integration
-
(0 ratings)
10.0
(1 ratings)
Product Scalability
-
(0 ratings)
8.0
(1 ratings)
Professional Services
-
(0 ratings)
9.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
9.0
(1 ratings)
Vendor pre-sale
-
(0 ratings)
9.0
(1 ratings)
User Testimonials
Basware Procure-to-PayMelio
Likelihood to Recommend
Basware
I would definitely recommend using Basware Purchase to Pay in your organization, it handles high amounts of invoices efficiently and you can perform your work with ease. I am acting as a Basware superuser in my team so I know this software thoroughly and it rarely gives any issues, even errors are described in a clear way so the user knows what needs to be resolved/what is missing.
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Melio
In my personal experiences, I would recommend Melio to a friend or colleague but would tell them the pros and the con. Melio has really made payments seem seamless and easy. The fact that one can plan his/her payment schedule in advance and at the same time track it, is a very big relief. In as much as Melio has a lot of good features but it still needs upgrade or update, like the notifications of failed payments and delays.
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Pros
Basware
  • It's easy to process invoices in a very short amount of time due to the fact that you can save your frequently used fields as favorites
  • The system is extremely easy to use as there are only a few steps required for complete processing of invoices
  • The ability to create and save templates of commonly used coding makes coding of invoices is fast and easy
  • Often times no interaction is even needed for invoice processing as received items and POs will match up on the back end with no intervention
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Melio
  • The simplicity it adds to business payments is a great deal. One feature we really value it the ability to pay vendors by check. Melio prints and mails checks for us which saves time and hassle.
  • Payment scheduling tool is another thing we enjoy. This tool lets us plan ahead and manage cash flow more effectively by setting payment dates in advance.
  • Another thing Melio does well is the tracking of payment.
  • There was a time a vendor claimed that they hadn't been paid, but with just a few clicks we could see the check has already been delivered.
  • This kind of transparency gives us confident and keep things professional.
  • The integration with other platform or accounts like QuickBooks is an experience I did love to keep.
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Cons
Basware
  • Once you cancel the document in "cancellation queue" it cannot be restored or viewed.
  • Sometimes but relatively rarely the program opens slowly.
  • In rare instances the program freezes and needs to be restarted.
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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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Likelihood to Renew
Basware
We will continue using product and continue renewing as it is widely used product and it has been well adapted by users in our organization. The product is expensive but we will use it. Hopefully the product bugs will be fixed in future and they will provide more HA architecture feather for Basware.
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Melio
I like the interface. I am familiar with functionality. Convenient to send ACH payments.
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Usability
Basware
No answers on this topic
Melio
Melio has been a very important tool in the advancement of our business. With great features, it has made payments to vendors seamless and hassle free. In terms of vendor management, account/data tracking, and scheduling of payments in advance. This has formed the base that we are still with Melio till today.
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Support Rating
Basware
No answers on this topic
Melio
They have great customer support system
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In-Person Training
Basware
No answers on this topic
Melio
Very educative. It was well detailed, organized and knowledgeable.
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Online Training
Basware
No answers on this topic
Melio
Very helpful and we learnt a handful
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Alternatives Considered
Basware
Basware was not my selection as I was not with the company at the time. It was easy to learn and we have maintained a good working relationship with Basware. It is a very good way to process the workflow of invoices from start to finish
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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.
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Contract Terms and Pricing Model
Basware
No answers on this topic
Melio
The vendor is great
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Professional Services
Basware
No answers on this topic
Melio
Very knowledgeable
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Return on Investment
Basware
  • faster processing of invoices due to short step process
  • it's user friendly so not much training is needed to use the system
  • templates and favorites decreases time spent
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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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ScreenShots