Fidesic vs. Melio

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fidesic
Score 6.0 out of 10
Mid-Size Companies (51-1,000 employees)
Fidesic integrates with accounting systems to automate the day-to-day challenges of managing business critical payments and receivables for the small to mid-sized business, creating a paperless process, end to end. The vendor states that it is a solution built to support small to mid-sized companies that seek to streamline the efficiency of their accounts payable or accounts receivable process and are using Microsoft Dynamics GP, QuickBooks, or QuickBooks Online.
$19
per month
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
FidesicMelio
Editions & Modules
Fidesic Lite
$19.00
per month
Fidesic Pro
$29.00
per month
Fidesic Enterprise
$49.00
per month
Card processing fee
2.9%
Offerings
Pricing Offerings
FidesicMelio
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup Fee$49 per seatNo setup fee
Additional Details
More Pricing Information
Community Pulse
FidesicMelio
Features
FidesicMelio
Payment Management
Comparison of Payment Management features of Product A and Product B
Fidesic
-
Ratings
Melio
9.2
14 Ratings
21% above category average
Customizable Approval Policies00 Ratings8.311 Ratings
Financial Document Management00 Ratings9.110 Ratings
Payment Status Tracking00 Ratings9.814 Ratings
Payment Audit Trail00 Ratings9.711 Ratings
Duplicate Bill Detection00 Ratings9.510 Ratings
Advanced OCR00 Ratings9.49 Ratings
Electronic Funds Transfer00 Ratings9.012 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Fidesic
-
Ratings
Melio
9.2
18 Ratings
29% above category average
Automated Accounts Payable Processes00 Ratings8.917 Ratings
Vendor Management00 Ratings9.317 Ratings
Tax Form Preparation00 Ratings9.311 Ratings
Best Alternatives
FidesicMelio
Small Businesses
Square 9 Softworks
Square 9 Softworks
Score 9.5 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.5 out of 10
Medium-sized Companies
Square 9 Softworks
Square 9 Softworks
Score 9.5 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.5 out of 10
Enterprises
Webexpenses
Webexpenses
Score 8.7 out of 10
Webexpenses
Webexpenses
Score 8.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FidesicMelio
Likelihood to Recommend
10.0
(1 ratings)
8.8
(24 ratings)
Likelihood to Renew
-
(0 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
FidesicMelio
Likelihood to Recommend
Fidesic
My experience with Fidesic has been wonderful and it has helped to streamline our payables. We've been able to give our operations teams access in order for them to review their invoices instead of coming to the AP team to do the research.
Read full review
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
Fidesic
  • OCR or Optical Character Recognition works better than anywhere else we have tried.
  • Support is always available through chat or email and their support team is very responsive.
  • Ease of access and use since the program is web-based.
  • Easily integrates into our accounting software.
  • Implementation was a dream and so easy.
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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
Fidesic
  • Would like to see ACH batches come across in the bank as separate transactions instead of one batch.
  • Would like to be able to filter on multiple columns instead of just searching by one selection.
  • Would like to be able to add our our ACH IDs vs having to submit them to be added.
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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
Fidesic
No answers on this topic
Melio
I like the interface. I am familiar with functionality. Convenient to send ACH payments.
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Usability
Fidesic
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
Fidesic
No answers on this topic
Melio
They have great customer support system
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In-Person Training
Fidesic
No answers on this topic
Melio
Very educative. It was well detailed, organized and knowledgeable.
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Online Training
Fidesic
No answers on this topic
Melio
Very helpful and we learnt a handful
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Alternatives Considered
Fidesic
PaperSave was a complete bust for us. Their OCR was terrible and never really worked. Their customer service was an abomination and we were hung up on by their trainer. GP just could not handle the volume of checks that we had and we were using a lot of MICR ink which became very expensive along with the amount of check stock we were using. Fidesic has streamlined all of that for us and allowed us to process bills and payments but not get bogged down in the stuffing of envelopes.
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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
Fidesic
No answers on this topic
Melio
The vendor is great
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Professional Services
Fidesic
No answers on this topic
Melio
Very knowledgeable
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Return on Investment
Fidesic
  • We have been able to implement ACH which cuts the costs of sending out checks
  • We have been able to send checks through them instead of stuffing 10k+ envelopes a month.
  • Questions to our staff have been cut in half.
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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
Read full review
ScreenShots

Fidesic Screenshots

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