Melio vs. Tradeshift Pay

Overview
ProductRatingMost Used ByProduct SummaryStarting 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
Tradeshift Pay
Score 0.0 out of 10
N/A
Tradeshift Pay, from Tradeshift headquartered in San Francisco, is an AP and e-invoicing solution supporting supply chain and supplier management.N/A
Pricing
MelioTradeshift Pay
Editions & Modules
Card processing fee
2.9%
No answers on this topic
Offerings
Pricing Offerings
MelioTradeshift Pay
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
MelioTradeshift Pay
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
MelioTradeshift Pay
Payment Management
Comparison of Payment Management features of Product A and Product B
Melio
1.0
3 Ratings
143% below category average
Tradeshift Pay
-
Ratings
Customizable Approval Policies1.03 Ratings00 Ratings
Financial Document Management1.03 Ratings00 Ratings
Payment Status Tracking1.03 Ratings00 Ratings
Payment Audit Trail1.03 Ratings00 Ratings
Duplicate Bill Detection1.03 Ratings00 Ratings
Advanced OCR1.03 Ratings00 Ratings
Electronic Funds Transfer1.03 Ratings00 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Melio
2.0
5 Ratings
93% below category average
Tradeshift Pay
-
Ratings
Automated Accounts Payable Processes2.45 Ratings00 Ratings
Vendor Management2.15 Ratings00 Ratings
Tax Form Preparation1.64 Ratings00 Ratings
Best Alternatives
MelioTradeshift Pay
Small Businesses
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Medium-sized Companies
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Enterprises
Webexpenses
Webexpenses
Score 8.5 out of 10
Webexpenses
Webexpenses
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
MelioTradeshift Pay
Likelihood to Recommend
1.9
(11 ratings)
-
(0 ratings)
User Testimonials
MelioTradeshift Pay
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).
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Tradeshift
No answers on this topic
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
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Tradeshift
No answers on this topic
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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Tradeshift
No answers on this topic
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.
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Tradeshift
No answers on this topic
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
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Tradeshift
No answers on this topic
ScreenShots