Save Money and Time with Melio
July 19, 2021
Save Money and Time with Melio
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Melio
Melio is being used by our accounting and finance department. The business problem it addresses is writing and issuing checks to our vendors. Previously, we used Bill Pay from Chase in combination with ACH and Wire transfers; however, Chase stops providing the Bill Pay functionality. Since the majority of our employees work remotely, it also helps in that I get an email notification when I need to authorize a check. In the past, people would have to come into my office for signatures or we would have to add them as a signer on the bank account.
Pros
- It is a low cost application
- Very easy to process payments and significantly more efficient than its competitors
- Very easy to add users and teach them how to use the platform
Cons
- When a check isn't deposited, it stays in the system until a Melio rep reaches out to you.
- I would like to see greater integration with accounting platforms such as QuickBooks desktop.
- While bank accounts can be added relatively easily, it would help if you could change the name of the bank account rather than just the account number.
- Most of its functionality is free
- It is easy to add bank accounts and users
- My employees can send checks with minimal supervision
- It has saved us countless hours when doing accounting
- Has enabled us to hire a controller for significantly less than what we would have previously paid
Do you think Melio delivers good value for the price?
Yes
Are you happy with Melio's feature set?
Yes
Did Melio live up to sales and marketing promises?
Yes
Did implementation of Melio go as expected?
Yes
Would you buy Melio again?
Yes
Comments
Please log in to join the conversation