MELIO

Melio is a business payments platform designed to help small and medium-sized businesses manage accounts payable and receivable in a simple and flexible way. It allows businesses to pay vendors, contractors, and suppliers electronically, even if those vendors only accept checks. By digitizing bill payments, Melio helps businesses improve cash flow management and reduce administrative workload.

One of Melio’s standout features is its flexible payment options. Businesses can pay vendors via bank transfer (ACH) or credit card, regardless of how the vendor prefers to receive payment. When paying by credit card, Melio will send a check or bank transfer to the vendor on the business’s behalf. This flexibility allows businesses to extend cash flow, earn credit card rewards, and better manage expenses.

Melio offers a free plan for core payment features, making it accessible to small businesses and startups. Users only pay transaction fees for specific services, such as credit card payments or expedited check delivery. This pay-as-you-go model allows businesses to control costs while accessing powerful payment tools.

The platform includes accounts receivable features, enabling businesses to send invoices and accept payments from customers. Users can track payment status, send reminders, and receive funds directly into their bank accounts. Melio also supports multi-user access, making it easier for teams and accountants to collaborate securely.

Melio integrates seamlessly with popular accounting software like QuickBooks, automatically syncing bills and payments to keep financial records accurate and up to date. This integration reduces manual data entry and helps businesses maintain clean books.

Overall, Melio is best suited for small businesses that want a modern, cost-effective solution for managing business payments. Its combination of free core features, flexible payment options, and accounting integrations makes it a valuable tool for improving cash flow and simplifying financial operations.