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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Melio

    Score8.4 out of 10
    N/AMelio 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

    Yooz

    Score8.8 out of 10
    Small Businesses (1-50 employees)
    Yooz delivers intelligent financial operations automation that aims to reduce waste, mitigate risk, prevent fraud, and eliminate errors from the AP process. Yooz provides Lean Financial Operations™ for companies of all sizes, offering clarity and control in the most complex environments. The Yooz platform combines a workflow engine, real-time applied AI, and transparency, with advanced fraud detection. Boasting over 7,000 customers worldwide and processing more than 300 million…N/A
    Pricing
    MelioYooz
    Editions & Modules
    Card processing fee
    2.9%
    No answers on this topic
    Offerings
    Pricing Offerings
    MelioYooz
    Free Trial
    YesYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—Subscription price based on the volume of documents processed. Unlimited number of users. 4 hours of complimentary service to start.
    More Pricing Information
    Features
    MelioYooz
    Payment Management
    Comparison of Payment Management features of Melio and Yooz
    Feature
    Melio
    9.4
    14 Ratings
    22% above category average
    Yooz
    8.8
    41 Ratings
    15% above category average
    Customizable Approval Policies7.811 Ratings8.931 Ratings
    Financial Document Management9.810 Ratings8.230 Ratings
    Payment Status Tracking9.914 Ratings8.819 Ratings
    Payment Audit Trail9.911 Ratings9.021 Ratings
    Duplicate Bill Detection9.810 Ratings8.739 Ratings
    Advanced OCR9.89 Ratings8.830 Ratings
    Electronic Funds Transfer8.912 Ratings8.711 Ratings
    Accounts Payable
    Comparison of Accounts Payable features of Melio and Yooz
    Feature
    Melio
    9.4
    18 Ratings
    27% above category average
    Yooz
    8.5
    42 Ratings
    17% above category average
    Automated Accounts Payable Processes8.917 Ratings9.142 Ratings
    Vendor Management9.417 Ratings8.035 Ratings
    Tax Form Preparation9.811 Ratings00 Ratings
    Best Alternatives
    MelioYooz
    Small Businesses
    Tipalti
    Score7.7 out of 10
    Tipalti
    Score7.7 out of 10
    Medium-sized Companies
    Stampli
    Score8.4 out of 10
    Stampli
    Score8.4 out of 10
    Enterprises
    Yooz
    Score8.8 out of 10
    Basware AP Automation
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MelioYooz
    Likelihood to Recommend
    8.8
    (24 ratings)
    8.6
    (47 ratings)
    Likelihood to Renew
    9.7
    (2 ratings)
    8.6
    (3 ratings)
    Usability
    8.3
    (4 ratings)
    8.9
    (20 ratings)
    Availability
    9.0
    (1 ratings)
    -
    (0 ratings)
    Performance
    7.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    8.0
    (1 ratings)
    -
    (0 ratings)
    In-Person Training
    9.0
    (1 ratings)
    -
    (0 ratings)
    Online Training
    8.0
    (1 ratings)
    -
    (0 ratings)
    Implementation Rating
    9.0
    (1 ratings)
    -
    (0 ratings)
    Configurability
    9.0
    (1 ratings)
    -
    (0 ratings)
    Contract Terms and Pricing Model
    7.0
    (1 ratings)
    -
    (0 ratings)
    Ease of integration
    10.0
    (1 ratings)
    -
    (0 ratings)
    Product Scalability
    8.0
    (1 ratings)
    -
    (0 ratings)
    Professional Services
    9.0
    (1 ratings)
    -
    (0 ratings)
    Vendor post-sale
    9.0
    (1 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    9.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    MelioYooz
    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.
    Incentivized
    Read full review
    Yooz
    Yooz is perfect for reoccurring invoices, such as utilities, as you can search by account# to show a list of entries allowing consistency across the board. Color coding can be used to differentiate between utilities or responsibilities. This also helps when exporting specific items. I can select one by one or by group.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Yooz
    • Yooz allowed for the uploading of purchase orders and the matching of purchase orders to invoices for smooth processing of invoices.
    • Yooz performed three way matching in a stream lined manner.
    • Yooz was a user friendly software that integrated well with Oracle NetSuite.
    Incentivized
    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
    Read full review
    Yooz
    • when exporting we have to change the total column's to numbers or it will export with the incorrect totals.
    • Yooz needs to not allow itself to add a line to the total and change what you are posting. instead it needs to freeze you from moving on.
    Incentivized
    Read full review
    Likelihood to Renew
    Melio
    I like the interface. I am familiar with functionality. Convenient to send ACH payments.
    Incentivized
    Read full review
    Yooz
    I love Yooz and everything it has brought to our organization!
    Read full review
    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.
    Incentivized
    Read full review
    Yooz
    It has helped me with invoices and able to see if i have a duplicate and to see how many times vendor has been processed in the system and also to see who is late if it has been in yooz and it needs to get paid soon and also how many coding i have used
    Incentivized
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    Support Rating
    Melio
    They have great customer support system
    Incentivized
    Read full review
    Yooz
    No answers on this topic
    In-Person Training
    Melio
    Very educative. It was well detailed, organized and knowledgeable.
    Incentivized
    Read full review
    Yooz
    No answers on this topic
    Online Training
    Melio
    Very helpful and we learnt a handful
    Incentivized
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    Yooz
    No answers on this topic
    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.
    Read full review
    Yooz
    Chrome River is slow and full of inconsistencies. Capturing invoices is confusing, as you have to assign approvers and coding at that time. No time to save it and research those details. It has multiple screens labeled inbox but are for different stages in the approval process that aren't specified unless you go into the invoice and review. When you go to exit the invoice, it takes you back to the main menu instead of the inbox you were currently working in. It is live, but the updates are every 10-15 minutes as opposed to immediately.
    Incentivized
    Read full review
    Contract Terms and Pricing Model
    Melio
    The vendor is great
    Incentivized
    Read full review
    Yooz
    No answers on this topic
    Professional Services
    Melio
    Very knowledgeable
    Incentivized
    Read full review
    Yooz
    No answers on this topic
    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
    Incentivized
    Read full review
    Yooz
    • Yooz has delivered a positive ROI for our AP function by reducing invoice processing time and cost, accelerating approvals, and improving control over duplicate/exception handling.
    • Cost per invoice down through automation like less paper/postage.
    • Easy to find the invoice by using invoice number.
    Read full review
    ScreenShots

    Yooz Screenshots

    Screenshot of how Yooz works - The solution provides artificial intelligence (AI) and machine learning technologies to help AP teams with invoice automation.Screenshot of Purchase: Automates PR/PO and approvals using workflows. Additionally users can create purchase requests, automate approval workflows, automatically generate purchase orders, manage deliveries and monitor the budget.Screenshot of Capture: AI based data extraction to extract invoices. Works for almost any format (PDF, Factur-X, UBL, CII, EDIFACT, etc.)Screenshot of No touch: Intelligent workflows to automate approvals and paymentsScreenshot of Pay: A Digital Invoice Payment Workflow. Invoices can be paid individually or as a batch,  and vendors receive payment through Virtual Card, ACH, eCheck, or Paper Check.Screenshot of Export: Invoice capture and automation that integrates with accounting software, or with more than 200 ERPs worldwide.