Deluxe Payment Exchange+ vs. Melio

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Deluxe Payment Exchange+
Score 8.1 out of 10
Mid-Size Companies (51-1,000 employees)
Deluxe Payment Exchange+ (DPX+) is an integrated payments solution for mid-size businesses that streamlines and automates AP disbursements. This disbursements platform is for companies that send over 250 monthly paper checks, excluding payroll, for recurring payments to suppliers and vendors.N/A
Melio
Score 9.3 out of 10
N/A
Melio is a small business-oriented Accounts Payable tool, presented as a service that helps small businesses keep up with business. A B2B payments experience and payment workflow designed to be simple, and to enable businesses to pay domestic and international vendors, expedite payments, or pay by card.N/A
Pricing
Deluxe Payment Exchange+Melio
Editions & Modules
No answers on this topic
Card processing fee
2.9%
Offerings
Pricing Offerings
Deluxe Payment Exchange+Melio
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPayment is based on the anticipated number of transactions each month. This includes the cost of sending the selected payment type (as well as postage for Print+Mail payments). There is no set-up fee, and a long-term contract is not required.
More Pricing Information
Community Pulse
Deluxe Payment Exchange+Melio
Considered Both Products
Deluxe Payment Exchange+
Chose Deluxe Payment Exchange+
Deluxe Payment Exchange+ is Not a substitute for accounting software.
Chose Deluxe Payment Exchange+
It was used as an alternate app as it user friendly and has similar cost compared to plooto. Also it offers most of the features that plooto is offering. But plooto is useful for small businesses which Deluxe Payment Exchange+ is missing the needs of organizations with less …
Chose Deluxe Payment Exchange+
Much better. Easier to use.
Melio
Chose Melio
1. One thing I like about Melio is the free version for small businesses or individuals or soleprenuels .
2. Melio offers free bank to bank payments on all plans, even the free version unlike other competitors.
3. You can pay vendors with credit cards even if they don't accept …
Chose Melio
I have used Bill, Mercury and Novo. They all meet my requirements' for my business and do similar services. However, I have been sticking with Melio over the other products as it meets all the needs for my business. Melio is a turn key solution for me. Melio is all I am using …
Chose Melio
Melio has much better customer service and lower fees than the competitors I've tried!
Chose Melio
Melio stacked up well against other solutions. The workflow and reporting were simple and the payment options were less expensive, without a monthly subscription. The ability to pay multiple invoicing in a few short clicks was appealing. The updated payment workflow was …
Chose Melio
I love Melio compared to bill.com, which seems to be full of fees and annoying ads that Melio does not have.
Chose Melio
Melio is 100% free if you just use ACH, and that by itself would be reason enough for me to stick with the platform, it boats a ton of other useful features that add to the experience.
Chose Melio
Melio tested to be much easier to use than BILL.
Additionally, Melio is free for bill payment; others charge quite a bit. Being able to recommend a free app to our clients makes standardizing on a single solution very easy for us.
Chose Melio
Less features than Ramp, but a solid option for free use for ACH. If you need International wires, fees may be higher than other options. However, you can issue paper checks, ACH, wires or use a linked credit card to pay bills.
Chose Melio
I prefer Melio due to its simplistic interface.
Chose Melio
I prefer Melio over Bill.com. I prefer Melio because it is easier to cancel or correct a payment on the platform. I like the way that Melio lets you track vendor requests for payment information. I like that it is easy to follow the payment all the way through the process to …
Chose Melio
It is pretty good, but clients call frustrated with it when they have to fix things. I cannot offer it to advanced clients, since the system is too simple.
Chose Melio
Bill.com is more expensive and more difficult to use than Melio. While it has a greater range of functionality and apparently has better integration into QuickBooks, we didn't need the greater functionality and I had just as much trouble integrating into Bill.com as I have with …
Features
Deluxe Payment Exchange+Melio
Payment Management
Comparison of Payment Management features of Product A and Product B
Deluxe Payment Exchange+
8.2
Ratings
9% above category average
Melio
8.8
Ratings
16% above category average
Customizable Approval Policies7.60 Ratings9.20 Ratings
Payment Status Tracking8.20 Ratings9.20 Ratings
Electronic Funds Transfer8.80 Ratings9.20 Ratings
Financial Document Management00 Ratings7.50 Ratings
Payment Audit Trail00 Ratings9.20 Ratings
Duplicate Bill Detection00 Ratings8.70 Ratings
Advanced OCR00 Ratings8.20 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Deluxe Payment Exchange+
-
Ratings
Melio
8.7
Ratings
27% above category average
Automated Accounts Payable Processes00 Ratings8.90 Ratings
Vendor Management00 Ratings8.80 Ratings
Tax Form Preparation00 Ratings8.60 Ratings
Best Alternatives
Deluxe Payment Exchange+Melio
Small Businesses
Square 9 Softworks
Square 9 Softworks
Score 9.1 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.1 out of 10
Medium-sized Companies
Square 9 Softworks
Square 9 Softworks
Score 9.1 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.1 out of 10
Enterprises
Webexpenses
Webexpenses
Score 9.2 out of 10
Webexpenses
Webexpenses
Score 9.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Deluxe Payment Exchange+Melio
Likelihood to Recommend
8.4
(0 ratings)
8.5
(0 ratings)
Usability
8.3
(0 ratings)
-
(0 ratings)
User Testimonials
Deluxe Payment Exchange+Melio
Likelihood to Recommend
Deluxe works great for us as we have a decent number of payments that go through them. I believe it would not be efficient for a smaller company who did not receive a lot of checks or electronic payments. Our volume warrants outsourcing of payment processing as it saves us a lot of time in-house. I would weigh the costs of the service against the time and payroll it costs your company.
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Melio is particularly well suited for small businesses above $100K in revenue whose owners want to save time and simplify bill payments. It is helpful to bookkeepers so that they don't have to ask the owners, over and over again, "what was that check for?" and "can you send me the bill?"
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Pros
  • allows check signors to sign checks when they are traveling
  • allows vendors to received payment same day
  • eliminates the need to mail payments via snail mail
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  • The simplicity it adds to business payments is a great deal. One feature we really value it the ability to pay vendors by check. Melio prints and mails checks for us which saves time and hassle.
  • Payment scheduling tool is another thing we enjoy. This tool lets us plan ahead and manage cash flow more effectively by setting payment dates in advance.
  • Another thing Melio does well is the tracking of payment.
  • There was a time a vendor claimed that they hadn't been paid, but with just a few clicks we could see the check has already been delivered.
  • This kind of transparency gives us confident and keep things professional.
  • The integration with other platform or accounts like QuickBooks is an experience I did love to keep.
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Cons
  • the ability to set up multiple check signatures depending on who is signing the check
  • Deluxe Payment Exchange+ to sell check blanks that we could use if we want to have the check emailed back to the company and print out a paper check
  • More space on payee line
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  • There should be an automatic link between vendors added with their Melio link and the same vendors that already exist in QuickBooks. As it is now, a new vendor is created when you do that and is not linked with the one that already is in QuickBooks.
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Likelihood to Renew
No answers on this topic
It has solved almost all the business needs I have and has contributed greatly to my business growth.
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Usability
They have a great implementation team that was able to answer all our questions and meet all of our needs. It was a very smooth process to get going. The websites that we use for the payments are user-friendly. Everything happens in a timely manner, check payments are processed throughout the day and do not sit around untouched. I feel that they do a good job.
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Melio has been a very important tool in the advancement of our business. With great features, it has made payments to vendors seamless and hassle free. In terms of vendor management, account/data tracking, and scheduling of payments in advance. This has formed the base that we are still with Melio till today.
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Support Rating
No answers on this topic
They have great customer support system
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In-Person Training
No answers on this topic
Very educative. It was well detailed, organized and knowledgeable.
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Online Training
No answers on this topic
Very helpful and we learnt a handful
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Alternatives Considered
It was used as an alternate app as it user friendly and has similar cost compared to Plooto. Also it offers most of the features that Plooto is offering. But Plooto is useful for small businesses which Deluxe Payment Exchange+ is missing the needs of organizations with less transactions.
Read full review
Melio is 100% free if you just use ACH, and that by itself would be reason enough for me to stick with the platform, it boats a ton of other useful features that add to the experience.
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Return on Investment
  • It's allowed company growth with the need for extra accounts staff
  • Allowed for easier payment management on the go
  • Gone a good way to pay for itself on extra staff and resources not needed
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  • I have been able to save hours every week now that I am only using Melio as my payment processor
  • I can easily add invoice details which I use to create in another platform and upload to Melio, this saves me time with projects I want to be quicker with
  • The ease of use for my clients is fantastic, and makes for a seamless workflow
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ScreenShots

Deluxe Payment Exchange+ Screenshots

Screenshot of Payee choices in Deluxe Payment Exchange+