Home/Accounts Payable Automation Software/AvidXchange vs MelioUpdated on: March 28, 2024

Compare AvidXchange vs Melio

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Overview

Summary

AvidXchange enables you to automate the entirety of your accounts payable process. As part of this functionality, AvidXchange allows you to reduce your processing costs, accelerate the approval process, as well as almost completely eliminate paper, which provides sustainability benefits for your company. This solution also ensures you have complete control over your spending, as well as visibility into and transparency within this. With AvidXchange, you can automate your manual accounts payable tasks, while reducing time your team spends wasting doing things such as chasing approvals, processing paper invoices, and answering inquiries. With AvidXchange’s Purchase-to-Pay (P2P) automation functionality, you can streamline your purchasing operations and processes, including ensure you have optimal spending in place, improving the reports you produce, and enhancing the way you budget for your whole company. This will enable you to run more effective and efficient AP processes, while always staying compliant. ..show more

Melio is a secure yet straightforward payment management tool specifically designed for small businesses and startups. The tool can be effectively used to manage both receivables as well as payables. Organizations with the help of Melio can make bank transfers or even mail checks to their clients without any charges. It can be easily linked to Quickbooks with two-way sync, reducing any duplicate data entry. It also supports workflows to ensure necessary approvals are taken before releasing any payments. Melio gives a snapshot of all your client accounts in a single login. Users can also schedule their payments to ensure that the deadlines are not missed. Melio can also be used to collect money digitally from clients without any charges. It can be used to create and send payment requests to clients. Clients can easily click on the link and make payments via bank transfers or even credit cards without signing up on any portal. ..show more

TECHNICAL DETAILS

Access Monitoring

24/7 (Live rep)

Business Hours

Online

Contact Number/Address

Charlotte, NC - 28206 / 800.560.9305

New York, New York

API

N/A

N/A

Deployment

SaaS/Web/Cloud

Mobile - Android

Mobile - iOS

Mobile - Windows

Mobile - BlackBerry

Installed - Windows

Installed - Mac

Customers

Individuals

Freelancers

Large Enterprises

Medium Business

Small Business

Pricing

Pricing Model

Free Trial

Freemium

One-time license

Open-source

Subscription

Quotation Based

Plans

AvidXchange
Custom

Features

  • Purchase Order Application
  • Bill Services
  • Invoice Application
  • Payment Application
  • Pay Services

Contact the vendor to get the latest pricing detail.

View Price Page
Essentials (Business)
Free

Sign up: $0

Monthly subscription: $0

Sending checks: $0

Bank Transfer (ACH) & bank deposit: $0

Credit card payments: 2.9% fee

Receiving credit card payments: $0 (2.9% fee applies for payers)

Unlimited companies/clients AP/AR management: $0

Unlimited users per account: $0

Melio is helping small businesses to better manage their supplier payments, minimizing time and cost while maximizing cash flow.

Features

  • Approval workflows
  • 1099 forms
  • Sync with QuickBooks Online
  • Scheduled payments
  • Payments tracking
  • Seamless recipient updates of preferred payment method
  • Live support
Essentials (Accountant)
Free

Sign up: $0

Monthly subscription: $0

Sending checks: $0

Bank Transfer (ACH) & bank deposit: $0

Credit card payments: 2.9% fee

Receiving credit card payments: $0 (2.9% fee applies for payers)

Unlimited companies/clients AP/AR management: $0

Unlimited users per account: $0

Melio bill payment solution for accountants helps manage all of your clients' payments in one place, saving you time and money.

Features

  • Approval workflows
  • 1099 forms
  • Sync with QuickBooks Online
  • Scheduled payments
  • Payments tracking
  • Seamless recipient updates of preferred payment method
  • Dedicated live accountants support
View Price Page

SCREENSHOTS

AvidXchange Screenshots
View 8 screenshot(s)
Melio Screenshots
View 9 screenshot(s)

INTEGRATIONS

  • Quickbooks
  • NetSuite
  • Quickbooks

ALTERNATIVES

Top alternatives to AvidXchange

Adobe Premiere Pro
Adobe Premiere Pro
Concur Expense
Concur Expense
Tipalti
Tipalti
Bill.com
Bill.com
Optimus Fintech
Optimus Fintech

Top alternatives to Melio

Quickbooks
Quickbooks
Venmo for Business
Venmo for Business
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Ramp
Gusto
Gusto
PayPal
PayPal