Melio saves money and helps our business avoids paper/check problems
May 31, 2024

Melio saves money and helps our business avoids paper/check problems

David Choy | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Melio

Melio has two main use cases for my our business. (1) getting paid, and (2) paying vendors. When client pay with Melio, we avoid paper checks and credit card fees, and have the option to allow our clients to pay for free, or with a credit card where they pick up payment fees. For paying vendors, there are a few big-name vendors that we pay that have exacting payment processes. Melio has helped us expedite payments to the them with same-day, low-fee options as well as free, bank-to-bank options, allowing us to avoid wire fees.

Pros

  • Same day payments
  • Low or no fees
  • Ability to let clients choose how they pay, and pick up payment fees on credit cards if they would like

Cons

  • Melio could improve integration with quickbooks
  • Melio reduces fees
  • Melio reduces paper
  • BILL
I love Melio compared to bill.com, which seems to be full of fees and annoying ads that Melio does not have.

Do you think Melio delivers good value for the price?

Yes

Are you happy with Melio's feature set?

Yes

Did Melio live up to sales and marketing promises?

Yes

Did implementation of Melio go as expected?

Yes

Would you buy Melio again?

Yes

Hi highly recommend Melio. We've recommended it so many times, that we've set up a page for this https://kingcow.com/melio/ which, full disclosure, includes a referral link.

Melio Feature Ratings

Automated Accounts Payable Processes
10
Vendor Management
10
Tax Form Preparation
10
Financial Document Management
10
Payment Status Tracking
10
Payment Audit Trail
9
Duplicate Bill Detection
10
Advanced OCR
10
Electronic Funds Transfer
10

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