Melio vs. Zoho Finance Plus

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
Zoho Finance Plus
Score 8.0 out of 10
N/A
Zoho Finance Plus is an integrated accounting suite for small businesses, featuring invoice and AP / AR management, accounting, and billing management.N/A
Pricing
MelioZoho Finance Plus
Editions & Modules
Card processing fee
2.9%
No answers on this topic
Offerings
Pricing Offerings
MelioZoho Finance Plus
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
Features
MelioZoho Finance Plus
Payment Management
Comparison of Payment Management features of Product A and Product B
Melio
1.0
3 Ratings
143% below category average
Zoho Finance Plus
-
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
Zoho Finance Plus
-
Ratings
Automated Accounts Payable Processes2.45 Ratings00 Ratings
Vendor Management2.15 Ratings00 Ratings
Tax Form Preparation1.64 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Melio
-
Ratings
Zoho Finance Plus
8.5
1 Ratings
8% above category average
Single sign-on capability00 Ratings8.01 Ratings
Role-based user permissions00 Ratings9.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Melio
-
Ratings
Zoho Finance Plus
7.4
1 Ratings
3% above category average
Accounts payable00 Ratings6.01 Ratings
Accounts receivable00 Ratings7.01 Ratings
Cash management00 Ratings6.01 Ratings
Bank reconciliation00 Ratings8.01 Ratings
Expense management00 Ratings7.01 Ratings
Time tracking00 Ratings8.01 Ratings
Fixed asset management00 Ratings6.01 Ratings
Multi-currency support00 Ratings8.01 Ratings
Multi-division support00 Ratings8.01 Ratings
Regulations compliance00 Ratings7.01 Ratings
Electronic tax filing00 Ratings8.01 Ratings
Self-service portal00 Ratings7.01 Ratings
Global Financial Support00 Ratings8.01 Ratings
Primary and Secondary Ledgers00 Ratings7.01 Ratings
Intercompany Accounting00 Ratings7.01 Ratings
Localizations00 Ratings8.01 Ratings
Journals and Reconciliations00 Ratings8.01 Ratings
Enterprise Accounting00 Ratings9.01 Ratings
Configurable Accounting00 Ratings8.01 Ratings
Centralized Rules Framework00 Ratings8.01 Ratings
Standardized Processes00 Ratings7.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Melio
-
Ratings
Zoho Finance Plus
8.0
1 Ratings
17% above category average
Inventory tracking00 Ratings8.01 Ratings
Automatic reordering00 Ratings8.01 Ratings
Location management00 Ratings9.01 Ratings
Manufacturing module00 Ratings7.01 Ratings
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MelioZoho Finance Plus
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User Ratings
MelioZoho Finance Plus
Likelihood to Recommend
1.9
(11 ratings)
8.0
(1 ratings)
Usability
-
(0 ratings)
8.0
(1 ratings)
Support Rating
-
(0 ratings)
8.0
(1 ratings)
User Testimonials
MelioZoho Finance Plus
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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Zoho
It is very well suited to track the expenses which employees use in an organization and if any employees are using business accounts. It has multiple integrations with other applications and we can customize it as per our needs.
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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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Zoho
  • Expense Management
  • Report Tracking
  • Integration with other application
  • Customization
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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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Zoho
  • Customer Support
  • Mobile Platform Optimization
  • Minimal GUI
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Usability
Melio
No answers on this topic
Zoho
We have been efficiently using this product for 2 years, so the overall experience of using the product is fairly easy and straightforward
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Support Rating
Melio
No answers on this topic
Zoho
I have been a user of Zoho Financial Plus for more than a year and it's been a very efficient and sophisticated tool for managing the expenses in our organization.
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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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Zoho
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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Zoho
  • Zoho Ecosystems
  • Finance Audits
  • Financial Account Management
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ScreenShots