Melio

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
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
1. One thing I like about Melio is the free version for small businesses or individuals or soleprenuels .
2. Melio offers free bank to bank payments on all plans, even the free version unlike other competitors.
3. You can pay vendors with credit cards even if they don't accept …
Chose Melio
I have used Bill, Mercury and Novo. They all meet my requirements' for my business and do similar services. However, I have been sticking with Melio over the other products as it meets all the needs for my business. Melio is a turn key solution for me. Melio is all I am using …
Chose Melio
I prefer Melio due to its simplistic interface.
Chose Melio
Melio has much better customer service and lower fees than the competitors I've tried!
Chose Melio
Melio stacked up well against other solutions. The workflow and reporting were simple and the payment options were less expensive, without a monthly subscription. The ability to pay multiple invoicing in a few short clicks was appealing. The updated payment workflow was …
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
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 …
Features
Melio
Payment Management
Comparison of Payment Management features of Product A and Product B
Melio
9.1
14 Ratings
20% above category average
Customizable Approval Policies8.311 Ratings
Financial Document Management8.710 Ratings
Payment Status Tracking9.714 Ratings
Payment Audit Trail9.511 Ratings
Duplicate Bill Detection9.310 Ratings
Advanced OCR9.09 Ratings
Electronic Funds Transfer9.012 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Melio
9.0
18 Ratings
27% above category average
Automated Accounts Payable Processes8.817 Ratings
Vendor Management9.117 Ratings
Tax Form Preparation9.011 Ratings
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Melio
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User Ratings
Melio
Likelihood to Recommend
8.6
(24 ratings)
Likelihood to Renew
9.6
(2 ratings)
Usability
8.2
(4 ratings)
Availability
9.0
(1 ratings)
Performance
7.0
(1 ratings)
Support Rating
8.0
(1 ratings)
In-Person Training
9.0
(1 ratings)
Online Training
8.0
(1 ratings)
Implementation Rating
9.0
(1 ratings)
Configurability
9.0
(1 ratings)
Contract Terms and Pricing Model
7.0
(1 ratings)
Ease of integration
10.0
(1 ratings)
Product Scalability
8.0
(1 ratings)
Professional Services
9.0
(1 ratings)
Vendor post-sale
9.0
(1 ratings)
Vendor pre-sale
9.0
(1 ratings)
User Testimonials
Melio
Likelihood to Recommend
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
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
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
Melio
I like the interface. I am familiar with functionality. Convenient to send ACH payments.
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Usability
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
Melio
They have great customer support system
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In-Person Training
Melio
Very educative. It was well detailed, organized and knowledgeable.
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Online Training
Melio
Very helpful and we learnt a handful
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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.
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Contract Terms and Pricing Model
Melio
The vendor is great
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Professional Services
Melio
Very knowledgeable
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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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ScreenShots