Melio

Melio

18 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
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

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 Fee

No setup fee

Additional Details

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More Pricing Information

Community Pulse
	Melio
Considered Both Products	Melio Ryan Smith Owner Chose Melio So So Much Better. They Actually Send The Payments Like They're Supposed To. Helpful? Crystal Meadors Bookkeeping Specialist 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 … Incentivized Helpful? Stephanie Mack Accounting Services Consultant & Trainer 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. Incentivized Helpful? Verified User C-Level Executive 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 … Incentivized Helpful?
Top Pros	Pro Customer service Pro Excellent customer Pro Integrates well
Top Cons	Minus Already exist Minus Third party Minus Integration with accounting

Features

Melio

Payment Management

Comparison of Payment Management features of Product A and Product B
	Melio 1.0 3 Ratings 143% below category average
Customizable Approval Policies	1.03 Ratings
Financial Document Management	1.03 Ratings
Payment Status Tracking	1.03 Ratings
Payment Audit Trail	1.03 Ratings
Duplicate Bill Detection	1.03 Ratings
Advanced OCR	1.03 Ratings
Electronic Funds Transfer	1.03 Ratings

Accounts Payable

Comparison of Accounts Payable features of Product A and Product B
	Melio 2.0 5 Ratings 93% below category average
Automated Accounts Payable Processes	2.35 Ratings
Vendor Management	2.05 Ratings
Tax Form Preparation	1.64 Ratings

Best Alternatives
	Melio
Small Businesses	Square 9 Softworks Score 9.7 out of 10
Medium-sized Companies	Square 9 Softworks Score 9.7 out of 10
Enterprises	Webexpenses Score 8.5 out of 10
All Alternatives	View all alternatives

User Ratings
	Melio
Likelihood to Recommend	2.0 (11 ratings)

User Testimonials
	Melio
Likelihood to Recommend	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). Incentivized Crystal Meadors Bookkeeping Specialist Read full review
Pros	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 Incentivized Verified User Anonymous 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
Alternatives Considered	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. Incentivized Crystal Meadors Bookkeeping Specialist Read full review
Return on Investment	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 Incentivized Jason Foley Owner Read full review
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