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.
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PredictAP
Score 8.5 out of 10
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PredictAP is an AI-powered invoice capture solution purpose-built for real estate accounts payable. It saves time by eliminating manual data entry from invoice ingestion and coding, and integrates with AP automation solutions focused on real estate. PredictAP uses historical invoice data and AI to identify coding patterns, and ingests, indexes, and codes invoices during upload, helping real estate AP organizations scale team capacity, boost compliance and visibility, and reclaim…
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 …
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 …
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 …
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.
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.
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.
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 …
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.
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 …
This isn't really all that similar to PredictAP, as it is not a technology solution (yet). It's just an outsourcing of labor to a cheaper third-party supply. We like PredictAP because it is a technology solution where the AI capabilities grow with us over time.
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?"
PredictAP is the perfect solution for our instance of yardi. We perform 3rd party management for clients with their own accounting software and unless they integrate with PredictAP it is not a solution.
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.
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.
Daily digest of emails submitted by a user. There is currently one for the whole organization, but users just want to see their own broken out.
When invoices go into Yardi, the "created by" field should be the user's name who submitted, rather than "PredictAP". Would make searching in Yardi easier.
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.
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.
This isn't really all that similar to PredictAP, as it is not a technology solution (yet). It's just an outsourcing of labor to a cheaper third-party supply. We like PredictAP because it is a technology solution where the AI capabilities grow with us over time.
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
