TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Melio

    Score9.3 out of 10
    N/AMelio 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

    Veem

    Score8.7 out of 10
    N/AVeem, headquartered in San Francisco, offers payment tools to enable businesses to streamline their processes and build business relationships with suppliers and partners all over the world. Through integrations with popular business applications. Veem Local is an online and fee-free option to send, receive, and reconcile business payments within the United States. Veem Cross Border provides access to online global payment tools and pricing and enables users to send, spend, hold and invoice…

    $14.99

    per month

    Pricing
    MelioVeem
    Editions & Modules
    Card processing fee
    2.9%
    No answers on this topic
    Offerings
    Pricing Offerings
    MelioVeem
    Free Trial
    YesYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional DetailsOne flat platform fee for all accounts. Get access to all platform features for a flat monthly fee of $14.99 USD ($18.99 CAD). - 2 free transactions per month. Accounts will only be charged after their 2nd completed transaction. - ACH/EFT $0 send/receive - Fast Transfer 0.5% for same or next day ACH - Check (US only) $1.99 to send - Veem Wallet $0 send/receive - International wires $0 fees and competitive exchange rates - Global Credit card 2.9% - Global Debit card 1% - Global Instant deposit 1% – min. $1.50
    More Pricing Information
    Community Pulse
    MelioVeem
    Considered Both Products
    Melio
    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.
    Incentivized
    Veem
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    MelioVeem
    Payment Management
    Comparison of Payment Management features of Melio and Veem
    Feature
    Melio
    8.8
    10 Ratings
    Veem
    -
    Ratings
    Customizable Approval Policies9.27 Ratings00 Ratings
    Financial Document Management7.57 Ratings00 Ratings
    Payment Status Tracking9.210 Ratings00 Ratings
    Payment Audit Trail9.28 Ratings00 Ratings
    Duplicate Bill Detection8.87 Ratings00 Ratings
    Advanced OCR8.27 Ratings00 Ratings
    Electronic Funds Transfer9.28 Ratings00 Ratings
    Accounts Payable
    Comparison of Accounts Payable features of Melio and Veem
    Feature
    Melio
    8.7
    14 Ratings
    Veem
    -
    Ratings
    Automated Accounts Payable Processes8.913 Ratings00 Ratings
    Vendor Management8.813 Ratings00 Ratings
    Tax Form Preparation8.68 Ratings00 Ratings
    User Ratings
    MelioVeem
    Likelihood to Recommend
    8.5
    (20 ratings)
    -
    (0 ratings)