Melio vs. MineralTree

Melio

19 Reviews and Ratings

MineralTree

10 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Melio	Score 4.3 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
MineralTree	Score 5.0 out of 10	Mid-Size Companies (51-1,000 employees)	MineralTree automates accounts payable and payments by connecting a business' ERP/Accounting Software to their business bank account. Since the October 2021 acquisition it is a Global Payments brand.	N/A

Pricing

Melio

MineralTree

Editions & Modules

Card processing fee: 2.9%

No answers on this topic

Offerings

Pricing Offerings
Melio	MineralTree
Free Trial
Yes	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Required

Additional Details

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More Pricing Information

Community Pulse
	Melio	MineralTree
Top Pros	Pro Customer service Pro Excellent customer Pro Integrates well	Pro Customer service
Top Cons	Minus Already exist Minus Third party Minus Integration with accounting	No answers on this topic

Features

Melio

MineralTree

Payment Management

Comparison of Payment Management features of Product A and Product B
	Melio 1.0 3 Ratings 143% below category average	MineralTree - Ratings
Customizable Approval Policies	1.03 Ratings	00 Ratings
Financial Document Management	1.03 Ratings	00 Ratings
Payment Status Tracking	1.03 Ratings	00 Ratings
Payment Audit Trail	1.03 Ratings	00 Ratings
Duplicate Bill Detection	1.03 Ratings	00 Ratings
Advanced OCR	1.03 Ratings	00 Ratings
Electronic Funds Transfer	1.03 Ratings	00 Ratings

Accounts Payable

Comparison of Accounts Payable features of Product A and Product B
	Melio 2.0 5 Ratings 93% below category average	MineralTree - Ratings
Automated Accounts Payable Processes	2.35 Ratings	00 Ratings
Vendor Management	2.15 Ratings	00 Ratings
Tax Form Preparation	1.64 Ratings	00 Ratings

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

User Ratings
	Melio	MineralTree
Likelihood to Recommend	1.9 (11 ratings)	7.5 (2 ratings)

User Testimonials
	Melio	MineralTree
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	Global Payments If you are looking to save time on recording transactions. This has been a great time saver, all transactions are easily reconciled and they are automatically posted in Netsuite. Incentivized Sylvia Jurcic Accounting Manager 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	Global Payments Great Customer Service. Whenever there is an issue they are very responsive in helping with the issue. At the time it was cheaper than Bill.com for most of the same functionality. Integrated with QuickBooks relatively well. Incentivized Sean Dockery Controller 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	Global Payments We had some improvements that wanted to be made but so far over the 2 years with them they have made the updates we wanted. Incentivized Sylvia Jurcic Accounting 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	Global Payments It doesn't. Hands down Bill.com is a better platform that over time has only gotten better. Incentivized Sean Dockery Controller 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	Global Payments Cost of AP. AmEx integration will allow us to accrue points on our card. Incentivized Sylvia Jurcic Accounting Manager Read full review
ScreenShots		MineralTree Screenshots