Great Way to receive and make payments
April 11, 2025

Great Way to receive and make payments

Petrus Slaghekke | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Melio

I have used Melio for sending invoices and getting paid. I have also implemented Melio for customers allowing them to pass credit card fees to the payee as well as limited free ACH payments. Melio integrates well with Quickbooks and other accounting software. Overall Melio is user-friendly and very intuitive.

Pros

  • Invoicing
  • ACH Same day-deposits
  • Credit card same-day deposits
  • Integration with QuickBooks

Cons

  • Integration with other accounting platforms like Wave
  • Free instant ACH deposits
  • Faster payments
Ease of use and compatibility with major accounting platforms.
Forwardly gives same day ACH deposits for free, Melio does not.

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?

I wasn't involved with the selection/purchase process

Did implementation of Melio go as expected?

Yes

Would you buy Melio again?

No

It works well if it can be integrated with your accounting software, otherwise there are a lot of manual steps. Passing on credit card transaction fees to your customers.

Melio Feature Ratings

Accounts Payable
9.0
Automated Accounts Payable Processes
9
Vendor Management
9
Tax Form Preparation
9
Payment Management
8.7
Customizable Approval Policies
9
Financial Document Management
9
Payment Status Tracking
9
Payment Audit Trail
9
Duplicate Bill Detection
9
Advanced OCR
9
Electronic Funds Transfer
7

Comments

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