Melio is a free & simple bill pay solution for small businesses, accountants, and bookkeepers. Pay any business expense with just a few clicks.
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Ease of use |
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Deployment | Cloud / SaaS / Web-Based |
Support | Email/Help Desk, FAQs/Forum |
Training | Documentation |
Languages | English |
Melio has been fantastic in automating our vendor payment process. We have been able to streamline all our Accounts Payable payments to either ACH or CC along with being able to integrate into QB for a seamless process.
As Melio is continuing to improve its software, it would be helpful to have an additional field for remittance email addresses and a field for sales email addresses since this information will be written over when the account is synced in QB.
Melio has helped reduce our paper checks to a very minimal amount and provides our vendors with communication when payments are released. This has improved our payment processes and cash flow along with strengthening our vendor relationships.
Extremely easy to use and intuitive. Syncs with QB. Customer service is also extremely helpful
There have only been minor issues, but they are easily resolved by the melio team
Bill pay remote, as well as ACH payments and sending out physical checks
I like that Melio connects easily and reliably with QBO. As a bookkeeper trying to keep our clients on track, Melio is a big part of that! Melio has given me and our clients a clear view of their Account Payable.
The only thing I wish I could change about Melio is the ability to block or remove certain vendors because they are paid in other ways. Other than this Melio is wonderful!
Melio is helping me keep our clients organized for their payments and has actually helped one client reduce NSF fees when their vendors hold onto checks for too long.
Melio has helped us streamline and speed up payments to our vendors. Love the ability to send ACH payments without a fee. Customer service is phenomenal. Their service has been invaluable!
The only suggestion I have is to allow non-business vendors to make payments to us.
Speed of paying vendors. Electronic ACH payments.
The user interface is so clean and simple to use. It's focused, does exactly what I need it to do and saves me a lot of time and hassle. I use Melio to pay bills for five different businesses and it makes it a breeze!
There are a few features I would like to see added to the process but they are constantly rolling out new updates and improvements so I bet it's just a matter of time.
Allows us to easily pay multiple vendors for different businesses with one log-on and one easy-to-use interface. As your accounts and vendors are set up in the system, it's a total breeze to get the bill payment done efficiently and fast. I used to dread doing the bills and now I look forward to it! I know that sounds crazy but it's true. The interface makes it fun!
As an Owner of a Real Estate Brokerage (Exceptional Homes Hawaii), I have found Melio to be the perfect platform to use to make payments for my business bills and invoices online.....It has made my life so much easier....I could not live without it.
Sometimes it is difficult to connect certain bank accounts to the program, but I suspect ghta is more bank problme rather than a Melio problem.
Cash management and cash flow issues are readily resolved making it it easier to manage my business and save money at the same time.
The fact that ACH payment service is available free of charge, secure, and easy to use.
The number of business days it takes for the payment from being debited from my account to actually reaching the payee.
They are solving the issue w/ uncertainty of USPS mail delivery service when it comes to making payments. Also presents another option for the vendors to get paid in a fairly quick amount of time.
Most of the vendors all ask if they need to download an app and I like that I can tell them no! Once a vendor is in the system, it's super easy.
If I had to pick something it's that I had to do the micro-deposit option when setting up my account but that's more of an issue with my bank than it is with Melio.
I've been having to pay all my contractors with Venmo and this is fine in the short run but it is not sustainable as your company grows. Melio allows for growing businesses to seamlessly pay their contractors.
You can choose who gets charged credit card service fees (meaning you can choose the customer to get charged 2-3% instead of your business) which no other platform allows you to do. Scheduling payments is a breeze. You can upload your invoices or you can create one manually quickly and painlessly. You don't have to collect private bank information from your contractors, instead, Melio contacts them directly to receive their information which reduces security risks to your business. Overall it's a great platform for small business owners who work with many contractors.
It takes three business days for bank transfers to complete, so you need to plan a few days for processing if you want your payments to be delivered on time. It also does not connect to my invoicing system, Wave Apps.
Customers can use a credit card for payments and the credit card fees don't have to come out of my payment amount. I can do direct deposits for my contractors for free and I don't have to collect their private bank information to get connected.
There are many places that don't accept credit card I was able to pay a rental payment with a credit card which my landlord did not accept so this service and gave them an ACH deposit so I could use the credit card
The only thing I dislike is that payments are not immediate it would be nice to figure out a way that the ACH could post same day with a nominal fee like an instant transfer of some sort
Paying vendors who only accept ach
I love being able to receive ACH payments without having to pay a fee! Other payment processing companies I've used charge a fee for this. Also, love the option of paying with a card to earn CC points.
Would love a faster turn around time on the deposits, but know going in that it may take about a week to receive. Still worth it in order not to have to pay a fee.
I'm able to save money on my bottom line by using Melio. Bank and merchant charges certainly add up, so I'm happy to minimize the amount that are taken from me and put that money back into my company.
Is is online platform that have a direct communication with their clients. The online chat is very responsive easy to use and express your concerns .
Honestly minor bugs in the webpage that need to be corrected. But I have seen they are constantly updating the page so the issue I am sure will soon go away
$0 dollar cost to pay my vendor as fast as one day. I do have to worry about any bank fees. Now I am using Melio to get paid and not additional cost.
It's easy friendly and safe. Customer Service is impeccable.
That it doesn't have an app available on google play or apple yet.
That there's a software that's easy to use and understand for both the organization and it's vendors.
I like that my client can choose how they want to pay and then pay the fee without me having to explain it! I also like being able to set monthly expenses to be paid automatically!
I recently had to send money to India, and Melio does not provide service there yet. Other than that I have been quite pleased! There are a few website enhancements I would make but there have already been positive changes so I am sure it will just continue to improve.
With Melio I am able to pay vendors via ACH without much fuss. That is a win for all of us. Having to set them up once and make payments over and over is a time saver!
It's free to make payments! Plus it syncs with the bills in QuickBooks Online.
As my business is in Canada I can't actually use it yet :) But I have used it for a non-profit where I was on the board as the Treasurer.
Reducing banking fees for paying vendors, and paying them faster.
Integration with qbo works great Approval system
Not being able to pay partial bill or consolidate payments for many bills in one (some partial some full)
Cutting and mailing checks
Melio is mostly used to pay merchants that are not able to be paid online. It's perfect for what you're looking for! Simply entering the invoice and going through the procedures of setting up the payment ensures that the payment is processed without my having to print, stamp, and send checks. Melissa assisted me in liquidating capital to enable me to make a higher-return investment in a more promising venture. The procedure was straightforward, and I am really pleased with their performance. Sending checks is completely free! It's simple to use! It is compatible with my accounting program. I'm sure my merchants will remember me.
It would be nice if it could sync the address information with Quickbooks. For the time being, we must input it in both locations. I would also want to be able to see when a vendor's check has been deposited (as well as a copy of the check), rather than having to contact customer support every time a check is placed.
It saves time, stamps, and paper, and it's simple to keep track of payments. My consumers appreciate the convenience of being able to pay through electronic means. As a small company owner, I have limited time, therefore I like that Melio functions as a virtual partner. Effortless and simple - I can't believe it took this long for someone to come up with such an innovative service. Very satisfied with the service and will refer it to my other friends who own small companies.
Melio makes it easy for my clients to pay me. It's seamless
So far... not much. However, I don' t like that it can't figure out that a payment didn't go through until afterwards.
The % credit cards charge. We prefer ACH Transfers and it makes is SUPER easy!
Melio is straightforward and streamlined, it takes a ton of time out of our bill pay.
We use quickbooks for accounting, it's easier to enter bills independently and then match payments back. The sync just seems to add a lot of extra steps (mostly on the quickbooks side.)
Melio has helped us save a lot of time. And since it reaches out to producers directly so they can decide how they get paid (check or ACH), everyone seems to be happy.
Melio is one of the best tools to pay for vendors and contractors with no additional cost to start. It's free to use and has the free forever plan to use and gain experience.
It's kind of like a complete tool. We have not felt so far any lack into the system as we have been recommending Melio to our clients for their business use to ease.
Melio helped our clients and us pay their vendors, contractors, and working professionals, receive payments, raise invoices, and so on. It's one of the best tools we are recommending now.