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Melio Accounts Payable Logo
Melio Accounts Payable Logo
Melio

Melio Accounts Payable

Composite Score
8.4 /10
CX Score
8.3 /10
Category
Melio Accounts Payable
8.4 /10

What is Melio Accounts Payable?

Melio gives businesses the flexibility to pay and get paid exactly how they want. Pay domestic and international vendors, expedite payments, or pay by card—all in one place. Gain more control over your payment process.

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Melio Accounts Payable Ratings

Real user data aggregated to summarize the product performance and customer experience.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

88 Likeliness to Recommend

93 Plan to Renew

83 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+78 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Melio Accounts Payable?

8% Negative
4% Neutral
88% Positive

Pros

  • Reliable
  • Security Protects
  • Respectful
  • Fair

Feature Ratings

Average 84

Self Service Portal

87

Automated Workflow

86

Payments Scheduling

86

Payment Tracking

84

Reconciliation

83

Optical Character Recognition

83

Batch Processing

83

Compliance Management

81

Fraud Management

80

Content Repository

80

Vendor Capability Ratings

Average 80

Usability and Intuitiveness

84

Business Value Created

84

Ease of Implementation

83

Ease of IT Administration

83

Quality of Features

81

Breadth of Features

80

Ease of Data Integration

79

Product Strategy and Rate of Improvement

78

Availability and Quality of Training

77

Ease of Customization

76

Vendor Support

75

Melio Accounts Payable Screenshots

Melio Accounts Payable Videos

Melio Accounts Payable Reviews

William S.

  • Role: C-Level
  • Industry: Construction
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Oct 2024

Great experience. No issues, great customer serviC

Likeliness to Recommend

10 /10

What differentiates Melio Accounts Payable from other similar products?

Ability to use AMEX for payments to vendors who do not accept credit cards

What is your favorite aspect of this product?

Accepts AMEX

What do you dislike most about this product?

Nothing at all

What recommendations would you give to someone considering this product?

Be patient for sending payments

Pros

  • Effective Service
  • Caring
  • Client Friendly Policies
  • Fair

Syed Aamir A.

  • Role: C-Level
  • Industry: Technology
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Oct 2024

Simple and cost-effective, good for small business

Likeliness to Recommend

10 /10

What differentiates Melio Accounts Payable from other similar products?

Melio stands out in the accounts payable landscape due to its simplicity, affordability, and user-friendly design tailored for small businesses. Here are the key differentiators: 1. Ease of Use 2. No Fees for Bank Transfers 3. Integrated with Popular Accounting Software 4. Remote Payment Capability 5. No Monthly Subscription Fees 6. Approval Workflow for Teams These features make Melio particularly attractive to small and medium-sized businesses looking for a simple, cost-effective, and flexible accounts payable solution.

What is your favorite aspect of this product?

My favorite aspect of Melio is its ease of use combined with flexibility in payment options. It simplifies accounts payable for small businesses, offering the convenience of paying vendors via bank transfers for free, or using credit cards even when vendors don't accept them. This flexibility allows businesses to manage cash flow more effectively, which is a key challenge for many small businesses. Additionally, the ability to handle payments remotely and automate the process without extra fees makes it both user-friendly and cost-efficient.

What do you dislike most about this product?

One potential drawback of Melio is that credit card payments come with a fee (2.9%), which can add up if a business frequently uses this option to manage cash flow. Additionally, while Melio is highly user-friendly for smaller businesses, its functionality may be limited for larger organizations or those with more complex accounts payable needs, such as advanced automation, comprehensive reporting, or multi-currency payments. These users might find Melio lacking in features compared to more robust accounting software platforms.

What recommendations would you give to someone considering this product?

If you're considering using Melio for accounts payable, here are a few recommendations to help you get the most out of it: 1. Evaluate Your Payment Needs 2. Integrate with QuickBooks 3. Use the Approval Workflow Feature 4. Plan for Growth 5. Test it Out By aligning Melio’s features with your business needs, you'll be able to maximize its benefits and minimize any potential limitations.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Stacey S.

  • Role: Consultant
  • Industry: Finance
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Oct 2024

Easy to use for accounts payable processing!

Likeliness to Recommend

8 /10

What differentiates Melio Accounts Payable from other similar products?

Always innovating

What is your favorite aspect of this product?

the OCR and email forwarding from gmail

What do you dislike most about this product?

glitchy sometimes and losing connection to QBO

What recommendations would you give to someone considering this product?

give it a try, it is a good alternative to other systems

Pros

  • Enables Productivity
  • Efficient Service
  • Effective Service
  • Caring

Most Popular Melio Accounts Payable Comparisons

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