Melio will cause headaches, late fees, angry vendors due to needless and continued holds on your business to business payments.
November 03, 2022

Melio will cause headaches, late fees, angry vendors due to needless and continued holds on your business to business payments.

Anonymous | TrustRadius Reviewer
Score 1 out of 10
Vetted Review
Verified User

Overall Satisfaction with Melio

It was supposed to be used to make paying bills easier. Instead they withhold almost every payment you try to make. Asking for copies of invoices, leases, pretty much whenever you try to pay your bills they will hold it up while they ask you for proof. Which made my payments late and added late fees. I have an accountant, he makes sure I am spending business funds on legitimate business expenses. Melio does [not] need to do this it just chooses to make the life of small business owners even harder. There is no legitimate reason to question every payment made from my business checking account to another business. They will make your payments late. Find another option. One who doesn't feel the need to act as an unneeded and unwanted 2nd accountant.
  • negative -- caused late fees and angry vendors to due withheld payments
  • negative -- held all my transfers causing late fees and other penalties. They caused damage to my vendor relationships due to needlessly delayed business to business payments

Do you think Melio delivers good value for the price?

No

Are you happy with Melio's feature set?

No

Did Melio live up to sales and marketing promises?

No

Did implementation of Melio go as expected?

Yes

Would you buy Melio again?

No

I found no situation where they completed a transfer as I requested. They delayed every payment asking for an invoice or lease. They are not my accountant. He is the one who verify's my business expenses are legitimate. Melio will meddle with your payments. Hold them needlessly which caused me late fees and unhappy vendors and land lords

Melio Feature Ratings

Automated Accounts Payable Processes
1
Vendor Management
1
Tax Form Preparation
1
Customizable Approval Policies
1
Financial Document Management
1
Payment Status Tracking
1
Payment Audit Trail
1
Duplicate Bill Detection
1
Advanced OCR
1
Electronic Funds Transfer
1