Melio Software Reviews, Demo, and Pricing 2024.
Table of Contents
Melio enables QuickBooks connection, allowing customers to automate payment transactions and correlate financial data with their accounting systems. The program is free to use, but credit card transactions are subject to a processing fee. Online measures are used to provide assistance.
Melio is an accounts payable service that assists small businesses in managing online payments made through bank transfers and debit or credit cards. Payment schedules, automatic data synchronization, reporting, invoicing, payment reminders, and other services are among the highlights.
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Melio allows staff to manually enter vendor or billing information as well as submit documents or invoice pictures to a single platform. To streamline payment procedures, administrators may invite accountants or team members from other business divisions, create role-based permissions, and govern approval workflows. Furthermore, the consolidated dashboard allows accountants to examine various client accounts and check the status of payments in real-time.
Pricing of Melio.
Free subscription cost; 2.9% credit/debit card transaction charge Bank transfer (ACH): 1% free same-day transfer Sending checks through USPS: Free express check delivery (through FedEx): USD 20 international transfer
Trial period: Available
Version for free: Available
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Features
- Accounting Integration
- Accounts Payable
- Approval Workflow
- Billing & Invoicing
- Billing Portal
- Bookkeeping Services Integration
- Bank Reconciliation
- Check Processing
- Check Writing
- Client Management
- Mobile Payments
- Fraud Detection
- Contact Database
- Duplicate Payment Alert
- Credit Card Processing
- Customizable Invoices
- Invoice Management
- Due Date Tracking
- Invoice History
- For CPA Firms
- Payment Processing
- QuickBooks Integration
- Data Security
- Cash Management
- Debit/Credit Card Processing
- Recurring Payments
- Recurring Invoicing
- Receivables Ledger
- Customer Statements
- Deferred Billing
- For Medical Purposes
- Document Management
- Invoice Processing
- Recurring/Subscription Billing
- Electronic Payments
- Dashboard
- For Accountants
- Accounts Receivable
- Partial Payments
- For Small Businesses
- General Ledger
- Online Invoicing
- Invoice Creation
- Multi-Period Recurring Billing
- Multiple Payment Options
- Online Payments
- PCI Compliance
- Project Billing
- Expense Tracking
- Electronic Funds Transfer
- Dunning Management
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Pros & Cons.
PROS.
- This software’s setup and implementation are quite simple. The instant sync with Quickbooks has saved me a lot of time.
- Customers will find it clean and smooth, and the greatest part is that sending ACH is free.
- The integration is quick and easy, and it works consistently.
CONS.
- Terrible customer service; I never received a response to 5+ emails, and the customer support representative simply instructed me to contact them again.
- The software is all good, but its support system is very poor.
- Also, when you drop a new vendor’s invoice, the program does not always read it correctly.
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