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Melio

Brand: Melio

  • 4.0

  • 6 Ratings

Melio is an online accounts payable solution that helps businesses manage their business-to-business payments and receivables.

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Starting at $2.50

Melio Software Overview

What is Melio?

Melio is an efficient accounts payable solution that offers a streamlined process for online bill payments. With support for bank transfers, debit cards, and credit cards, it provides users with flexible options to settle bills conveniently. The platform's compatibility with QuickBooks enables seamless synchronization with accounting systems and automated scheduling of payment transactions. This simplifies financial management for small businesses, allowing them to stay organized and save time on payment processing.

Users can effortlessly add vendor or bill details, with options to input information manually, upload files, or capture invoice details through photos. It allows users to pay vendors for free through bank transfers or opt for credit card payments with a modest 2.9% transaction fee. It offers the ability to issue checks even to vendors who exclusively accept this traditional form of payment. The platform ensures that users can meet their payment obligations efficiently, whether it's through modern digital channels or more conventional methods.

Why Choose Melio?

  • The payment gateway empowers users to send both traditional checks and instant ACH transfers securely through an online platform.
  • Users can easily track payment progress and receive real-time updates on the status of their transactions.
  • The digital wallet offers tools to organize, track, and handle financial obligations seamlessly.
  • It incorporates robust fraud detection measures to ensure the security of financial transactions.

Functionalities of Melio

  • The payment gateway provides a tool to calculate potential savings when using credit cards, factoring in cashback, early payment discounts, and tax benefits.
  • It allows users to personalize their invoices by adding a professional touch to their financial interactions.
  • The platform alerts users in case of potential duplicate payments to prevent inadvertent errors in the payment process.
  • It includes features for traditional check processing for users who prefer or require check-based payments.

Benefits of Melio

  • The payment service automatically populates the Pay inbox with invoices when vendors email them directly to the user's email address.
  • Users can quickly upload bills by taking photos with their phones or adding files (PDF or JPG).
  • The platform automatically identifies potential exceptions, such as excessive spending or unauthorized purchases, for managerial review.
  • It allows employees to submit claims electronically and track reimbursement status.

Pricing of Melio

Melio details are available at starting price $ 2.50 on techjockey.

Melio price in the UAE may vary based on factors like customization, additional features required, number of users, and the deployment type. Please request a call back for subscription-related details and to avail offers on premium packages.

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Melio Company Details

Founded Year:  2018

Melio is a fintech company that gives small businesses a way to digitally manage their business-to-business payments and receivables.

Director/Founders Ilan Atias, Matan Bar, Ziv Paz
Company Size 101-500 Employees

Melio Pricing & Plans

Core
Starting at $2.5
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Save time with batch actions and accounting sync.

  • 20 free ACH/month

  • Plus $10/mo per additional user

  • Pay by ACH, wire, or check Fast/Instant payments S

  • Free AR & Invoicing

  • Create branded invoices

Boost
Starting at $5.5
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Unlock advanced automations, custom controls and a

  • 50 free ACH/month

  • Plus $10/mo per additional user

  • Pay by ACH, wire, or check Fast/Instant payments S

  • Free AR & Invoicing

  • Create branded invoices

Unlimited
Starting at $8
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Unlimited free ACH payments and unlimited seats.

  • Unlimited free ACH/month

  • Unlimited users

  • Pay by ACH, wire, or check Fast/Instant payments S

  • Free AR & Invoicing

  • Create branded invoices

Melio Features

  • icon_check Accounting Software Sync
    Provides users with synchronized data for a unified and efficient financial management experience.
  • icon_check Approval Workflow
    Ensures payments adhere to designated authorization processes within the organization.
  • icon_check Easy Bill Capture
    Users can manually enter information, upload files, or snap photos of invoices.
  • icon_check Points & Rewards
    Incentivizes users through benefits and recognition as they engage with the platform.
  • icon_check International Payment
    Allows users to transact globally and expand their business reach.
  • icon_check Combine Payments
    Users can streamline payment processes by combining multiple transactions into a single payment.
  • icon_check Partial Payments
    Offers flexibility for users to manage financial obligations according to their specific needs.
  • icon_check Secure Checks
    Provides a reliable and protected mechanism for transactions involving traditional payment methods.
Melio Demo Video play icon

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Watch the demo video to explore key features, real workflows, and how the software fits your business needs.

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Melio Specifications

Supported Platforms
Windows Windows iOS iOS Android Android
Devices
Desktop Desktop Mobile Mobile
Deployment
Cloud-Based Cloud-Based
Suitable For
All Industries
Business Specific
All Businesses
Business Size
Small Business Startups Medium Business Enterprises SMBs SMEs MSMBs MSMEs
Customer Support
Email Live Chat Communities
Language
English
Integration
API Integration
Training Resources
Documentation Videos

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Melio Review

4.0

Out of 5

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Overall Rating

Based on
6 Verified Ratings

Rating Breakdown

  • Features 4.4
  • Value for Money 4.0
  • Ease of Use 3.8
  • Customer Support 3.8

85% Recommend this Product

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Which operating system does Melio support?

Melio is compatible with Windows, iOS, and Android operating systems.

Is there any Melio app?

Melio app is available for android and iOS app users.

What is the deployment type of Melio?

Melio supports web-based deployment.

How much does Melio cost?

Melio pricing starts from $ 2.50 at techjockey.com.

Who are the potential users of Melio?

Melio is suitable for businesses of all sizes that want to save time and money on their accounts payable process.

Is there any free trial or demo for Melio?

Melio free trial is unavailable at techjockey.com.

Is Melio free?

Melio offers a free trial. However, the premium plan with advanced features is available at techjockey.com with exciting deals.

How can you download Melio?

Melio installation is not required, as it is web-based/ cloud based. Just open the Setup Wizard to get started.

How does Melio work?

The automated bill payment platform captures and processes invoices from vendors, offers flexible payment options, and provides real-time reporting to improve cash flow and efficiency.

Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.

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