Melio benefits include streamlined payments, credit card processing anywhere, fast ACH bank transfers and free check sending. It also eliminates dual data entry and syncs to Xero for complete visibility.
Businesses can track payment requests in real time and spend less time chasing down money. They can also opt to make the first two ACH transactions each month completely free.
Easy to use
Melio benefits is easy to use because it allows business customers to track invoices and payments on a central dashboard. Its accounts payable software also makes it simple to sync payments with accounting software, streamlining bookkeeping processes. It also helps businesses stay on top of vendor payment due dates. This way, they can make payments on time and avoid late fees.
The company’s customer support staff is available to answer questions through a live chat option on the website. They are also quick to respond to online reviews and social media posts about issues with the platform.
Unlike other account payable services, melio’s ACH bank transfer service is free of charge. However, if you want to pay by card, there is a small fee. Its software integrates seamlessly with Xero, which saves you time and eliminates double data entry. It also supports international payments. This is a great feature for businesses that frequently make payments to vendors and suppliers.
Free to sign up
Melio is a free ’accounts payable’ software that allows businesses to pay their bills quickly and securely. This platform is similar to Plastiq, but it includes additional features that help businesses manage their payments and accounting processes. In addition, it integrates seamlessly with QuickBooks. Its support team is also available 24/7 and aims to answer all questions and queries.
Buyers can use Melio to pay bills with a bank transfer or debit card, or they can defer payment using a credit card (with a 2.9% fee). In either case, the vendor will receive their money as a direct deposit into their account or a check in the mail.
Another key feature is the ability to track invoices and payments. This is especially useful for business customers who need to manage their accounts receivable. Moreover, Melio can sync with the largest bookkeeping platforms, including Xero, to save time and eliminate double data entry. This feature also helps reduce risk and compliance costs.
Free to make a payment
If you’re considering using Melio, it’s important to understand how the system works. It’s easy to use and has a number of helpful resources. They also offer a live chat option to answer any questions you might have.
This smart ‘accounts payable’ solution allows businesses to pay bills via debit card, ACH bank transfers or credit cards (with a 2.9% fee usually offset by credit card reward points). It can even make payments for business-to-business invoices that are not due yet.
Melio can also be used to make recurring payments, meaning that the company you’re paying doesn’t need a Melio account. This feature is great for making rent, insurance, taxes and other regular monthly payments.
If you’re interested in trying Melio, the company’s website has plenty of information on how to get started. They also have a live chat support option, and you can sign up for a free trial. The service is available to companies of all sizes, and there are no setup or transaction fees.
Free to receive a payment
Melio is a hassle-free way for companies to pay invoices and is ideal for any business. It offers multiple payment options, including bank transfers and debit cards. It also offers a convenient way to track payments and accounting transparency. In addition, it has no monthly subscription fees and ACH bank transfers are free (when paying by card there is a 2.9% fee).
Unlike other online payment services, Melio allows you to make recurring payments without having to set up a new account or login each time. You can easily track your payments, and receive e-mail notifications when a payment is processed.
Another great feature of Melio is that it syncs seamlessly with QuickBooks online. This means you can automatically make and receive bills payments from Melio in your QB account. This is a great feature for small businesses that want to save time and money on bill payments. It also allows you to take advantage of premium live customer support from accountants.