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Overview

Description 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. Read 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. Read more
Pricing Options
  • Free Trial Available
  • AvidXchange Offers Custom plan.
  • Free Trial Not Available
  • Melio Offers Free-forever plan.
SW Score & Breakdown

Technical Details

Organization Types Supported
  • Freelancers
  • Medium Business
  • Small Business
  • Freelancers
  • Medium Business
  • Small Business
Platforms Supported
  • SaaS/Web/Cloud
  • SaaS/Web/Cloud
Modes of Support
  • Business Hours
  • Online
  • Business Hours
  • Online

Reviews & Ratings

User Rating
4.3/5 472 user ratings
4.4/5 49 user ratings
Ratings Distribution
  • Excellent

    51.9%
  • Very Good

    37.3%
  • Average

    4.8%
  • Poor

    4.2%
  • Terrible

    1.8%
  • Excellent

    78.3%
  • Very Good

    6.9%
  • Average

    1.5%
  • Poor

    1.5%
  • Terrible

    11.8%
Review Summary

Overall, AvidXchange is praised for its user-friendly interface, automation capabilities, and strong customer support. Users appreciate the platform's ability to streamline accounts payable and receivable processes, leading to increased efficiency and cost savings. The software's reporting features are also well-received, providing valuable insights into financial data. However, some users have reported occasional technical glitches and limitations in customization options. Additionally, a few reviewers have expressed concerns about the pricing structure, suggesting that it may not be suitable for smaller businesses or those with limited budgets.

Overall, Melio is a well-received online payment solution that simplifies business bill payments and streamlines financial operations. Users praise its user-friendly interface, seamless integration with accounting software, and time-saving features such as automatic bill reminders and scheduled payments. While some reviewers mention occasional glitches and customer service delays, the majority applaud Melio's efficiency, cost-effectiveness, and positive impact on their businesses.

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AI-Generated from the text of User Reviews

Pricing

Pricing Options
  • Free Trial Available
  • AvidXchange Offers Custom plan.
  • Free Trial Not Available
  • Melio Offers Free-forever plan.
Pricing Plans
Monthly Plans Annual Plans

AvidXchange Custom

Essentials (Business) Free

Essentials (Accountant) Free

 
View Detailed Pricing
View Detailed Pricing

Screenshots & Videos

Screenshots AvidXchange screenshot: AvidXchange allows users to pay vendors electronically
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How Vendor Receive Screen
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Videos Video Thumbnail
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Video Thumbnail
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Vendor information

Company Details Located in: Charlotte, NC - 28206 Located in: New York, New York Founded in: 2018
Contact Details

800.560.9305

https://www.avidxchange.com/

Not available

https://www.meliopayments.com/

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