Melio vs. QuickBooks Online Advanced

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
QuickBooks Online Advanced
Score 8.6 out of 10
N/A
QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.N/A
Pricing
MelioQuickBooks Online Advanced
Editions & Modules
Card processing fee
2.9%
No answers on this topic
Offerings
Pricing Offerings
MelioQuickBooks Online Advanced
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
MelioQuickBooks Online Advanced
Considered Both Products
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 …
QuickBooks Online Advanced
Chose QuickBooks Online Advanced
QuickBooks Desktop is no longer being sold in the US, so we had to switch to the online version of the program. It is not a fully fleshed-out all-in-one solution offering everything the desktop version did. That being said, the desktop enterprise was overkill for many people.
Chose QuickBooks Online Advanced
QuickBooks Online Advanced isn’t as robust as Netsuite or Sage, but it is generally a great choice for most businesses. This software will meet or exceed the needs of most companies, and should be the first part of your accounting software decision. I would even reach out to a …
Chose QuickBooks Online Advanced
QuickBooks Online Advanced is our first choice, we love using this software, it does everything we need and also it is a great choice for great majority of our clients. It also evolves and the new features are always great. Xero, for example, does not listen to user feedback …
Chose QuickBooks Online Advanced
Our company currently uses both of these platforms. In my opinion, QuickBooks Online Advanced has more capabilities than Xero, but Xero is more aesthetically pleasing. The biggest difference is the QuickBooks Online Advanced payroll processing and payroll tax filings. With …
Chose QuickBooks Online Advanced
There is literally no comparison - Wave is a "cute little" accounting software system that does a nice job tracking someone's checking account and basic household expenses, but if you are a serious business, you certainly need a comprehensive software package like QuickBooks …
Chose QuickBooks Online Advanced
Similar in structure but Xero reporting is better. Considering a shift to Xero in the near future if the many issues with QuickBooks Online Advanced are not resolved quickly.
Chose QuickBooks Online Advanced
Again, I was hired after QuickBooks Online Advanced was selected and implemented so I cannot answer to how the software stacks up to the choices that were explored when the company started over 7 years ago. I know we are looking for other options now that might have more …
Chose QuickBooks Online Advanced
Quickbooks online advanced is much simple and easier to use, so it fits better to the ticket of our small non-profit organization needs. The other options are either, or both, more pricy and complicated than the QuickBooks Online Advanced. For example, the implementation for …
Chose QuickBooks Online Advanced
The product I used clearly appears struggling to catch up but doesn't seem an easy task for them. This other product was not able to finalize some of the modules into the web-base (NXT) system. Intuit already has multiple products (payments, tax filing, payroll, etc) that …
Chose QuickBooks Online Advanced
I have not evaluated any yet. I have used QuickBooks since 2008 and I used Sage in the corporate environment before using QuickBooks. Honestly, I can't remember it because it was early 2000's. I thought about evaluating and looking because of the issues I've had with …
Chose QuickBooks Online Advanced
Quickbooks is more user friendly and easier to use and train another staff as compare to other programs
Chose QuickBooks Online Advanced
Quickbooks has made their other products frustrating to use by eliminating features. Their feature bundling is annoying, confusing, and frustrating. Quickbooks Online Advanced or Pro or whatever their next marketing/sales idea fills me with dread.
Chose QuickBooks Online Advanced
I enjoy QBO Advanced more than Desktop mainly because of the flexibility QBO Advanced offers over QB Desktop. Its also more up to date, and as newer and newer programs and features are created QBO Advanced, always stays ontop of those improvements. It is also extremely helpful …
Chose QuickBooks Online Advanced
We have used QBs Enterprise Desktop and found it to be cumbersome and not as user friendly.
Chose QuickBooks Online Advanced
I have no used any other accounting software.
Chose QuickBooks Online Advanced
Microsoft Dynamics is very difficult to use in comparison to QuickBooks. The transaction level visibility is poor and the reporting capabilities are subpar.
Chose QuickBooks Online Advanced
I personally just didn't like the look of freshbooks or how it was set up at all.
Chose QuickBooks Online Advanced
QuickBooks Online Advanced is on par with Xero, and both are market leaders in the Online Bookkeeping solutions. Multi-dimensional reporting is better than Xero but Xero has better WorkPapers, Hubdoc app and allows for online filing of accounts to Companies House and to HMRC. …
Chose QuickBooks Online Advanced
Accounting, bank management, and expense management are long-time normed and standardized processes. So we did expect very little difference, and very little effort to swap between these software suites. We were surprised that there are much more differences. These deviations …
Chose QuickBooks Online Advanced
QuickBooks Desktop provides slightly more features and functionality, at the cost of disk space and the lack of cloud access. We chose the Online version of this software as the accounting and finance staff travel frequently and may access information remotely. QuickBooks …
Chose QuickBooks Online Advanced
Freshbooks served its purpose when our company was smaller, however, it did not offer the full range of benefits that QBO has offered us. The ability to assign user roles have unlimited user accounts, a dedicated helpline, online access to trainings, and the ability to create …
Features
MelioQuickBooks Online Advanced
Payment Management
Comparison of Payment Management features of Product A and Product B
Melio
8.8
Ratings
16% above category average
QuickBooks Online Advanced
-
Ratings
Customizable Approval Policies9.20 Ratings00 Ratings
Financial Document Management7.50 Ratings00 Ratings
Payment Status Tracking9.20 Ratings00 Ratings
Payment Audit Trail9.20 Ratings00 Ratings
Duplicate Bill Detection8.80 Ratings00 Ratings
Advanced OCR8.20 Ratings00 Ratings
Electronic Funds Transfer9.20 Ratings00 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Melio
8.7
Ratings
27% above category average
QuickBooks Online Advanced
-
Ratings
Automated Accounts Payable Processes8.90 Ratings00 Ratings
Vendor Management8.80 Ratings00 Ratings
Tax Form Preparation8.60 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Melio
-
Ratings
QuickBooks Online Advanced
9.0
Ratings
16% above category average
API for custom integration00 Ratings8.20 Ratings
Plug-ins00 Ratings9.90 Ratings
Security
Comparison of Security features of Product A and Product B
Melio
-
Ratings
QuickBooks Online Advanced
9.1
Ratings
9% above category average
Single sign-on capability00 Ratings9.30 Ratings
Role-based user permissions00 Ratings9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Melio
-
Ratings
QuickBooks Online Advanced
8.4
Ratings
6% above category average
Dashboards00 Ratings8.80 Ratings
Standard reports00 Ratings8.80 Ratings
Custom reports00 Ratings7.70 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Melio
-
Ratings
QuickBooks Online Advanced
9.3
Ratings
18% above category average
Accounts payable00 Ratings9.40 Ratings
Accounts receivable00 Ratings9.70 Ratings
Cash management00 Ratings9.10 Ratings
Bank reconciliation00 Ratings9.50 Ratings
Expense management00 Ratings9.70 Ratings
Time tracking00 Ratings9.70 Ratings
Multi-currency support00 Ratings9.70 Ratings
Multi-division support00 Ratings7.50 Ratings
Regulations compliance00 Ratings9.20 Ratings
Electronic tax filing00 Ratings9.50 Ratings
Self-service portal00 Ratings9.80 Ratings
Primary and Secondary Ledgers00 Ratings9.90 Ratings
Intercompany Accounting00 Ratings7.40 Ratings
Journals and Reconciliations00 Ratings9.60 Ratings
Enterprise Accounting00 Ratings8.50 Ratings
Configurable Accounting00 Ratings9.80 Ratings
Centralized Rules Framework00 Ratings9.50 Ratings
Standardized Processes00 Ratings9.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Melio
-
Ratings
QuickBooks Online Advanced
9.6
Ratings
27% above category average
Inventory tracking00 Ratings9.60 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Melio
-
Ratings
QuickBooks Online Advanced
9.5
Ratings
21% above category average
Pricing00 Ratings9.80 Ratings
Order entry00 Ratings9.90 Ratings
Credit card processing00 Ratings8.80 Ratings
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MelioQuickBooks Online Advanced
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Square 9 Softworks
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User Ratings
MelioQuickBooks Online Advanced
Likelihood to Recommend
8.5
(0 ratings)
9.5
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.9
(0 ratings)
Usability
-
(0 ratings)
9.9
(0 ratings)
Online Training
-
(0 ratings)
9.1
(0 ratings)
Implementation Rating
-
(0 ratings)
6.4
(0 ratings)
Configurability
-
(0 ratings)
9.1
(0 ratings)
User Testimonials
MelioQuickBooks Online Advanced
Likelihood to Recommend
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?"
Read full review
QuickBooks Online Advanced is best suited for small businesses who don’t have any consolidation considerations. Additionally, the software tends to struggle when there are a large number of projects. The report screens will struggle to load at times and it will be difficult to view reports. However, it does really well at creating an all-in-one solution for companies who need payroll, accounting, and tax compliance in a relatively inexpensive bundle.
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Pros
  • 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.
Read full review
  • It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
  • The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
  • The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
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Cons
  • 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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  • Proper advice in QuickBooks Online Pro for the usage if QuickBooks Online Advanced will be more efficient.
  • More features and space in the app for organization of the self-created workflows.
  • The stability of QuickBooks Online Advanced can still be better.
  • There are still file-size issues and limitations on transactions and attributes of transactions.
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Likelihood to Renew
It has solved almost all the business needs I have and has contributed greatly to my business growth.
Read full review
QuickBooks Online Advanced is very easy to use and the data is very transparent. The reporting shortfalls (not being able to report the current month and YTD results on the same report) as well as the issues with the limitations with the management reports.
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Usability
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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QuickBooks Online Advanced is great and effective. I use it for almost three months and it definitely does their job
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Reliability and Availability
No answers on this topic
No issue at any time with Availability
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Performance
No answers on this topic
It can be access at any time and reports is generate in less than a minute
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Support Rating
They have great customer support system
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No answers on this topic
In-Person Training
Very educative. It was well detailed, organized and knowledgeable.
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No answers on this topic
Online Training
Very helpful and we learnt a handful
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The online training was easy to follow and understand. The online training gave us the specific instructions to follow
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Implementation Rating
No answers on this topic
I dont have any
Read full review
Alternatives Considered
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.
Read full review
QuickBooks Desktop is no longer being sold in the US, so we had to switch to the online version of the program. It is not a fully fleshed-out all-in-one solution offering everything the desktop version did. That being said, the desktop enterprise was overkill for many people.
Read full review
Scalability
No answers on this topic
Software is very flexible
Read full review
Return on Investment
  • 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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  • QBOA has shown my clients the increase and decrease of my monthly income activity
  • I am able to project my income and spending more easily
  • The P&L reports has shown me a lot and by customizing to focus on my income and expenses has allowed me to better budget
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