Regarding ACH payments, businesses that receive more than five per month are interested in a QuickBooks-integrated A/R and A/P solution. Melio integrates with QuickBooks so that financial transactions are automatically updated in QuickBooks. This streamlined interface makes managing money a breeze, and accurate records are kept.
There are no monthly fees associated with using the Melio platform, in contrast to QuickBooks Online. Another perk of using Melio to pay bills is that no fees are associated with ACH bank transfers.
If your company handles a high volume of payments, this can save you much money compared to per-transaction platforms.
For companies using QuickBooks Online Plus, Melio offers unlimited seats, while QuickBooks Online Plus has a cap of five. Melio and QuickBooks Online Plus work well together, and you can avoid the expense of upgrading A/P users to QuickBooks Advanced by giving them access to Melio alone.
Those who use QuickBooks can now log in without any restrictions.
Quickbooks Online Invoicing
Those of you who used QuickBooks Online and make fewer than five ACH transactions per month: The Basic plan of QuickBooks Bill Pay is free every month and includes five ACH payments. Companies that don’t process many transactions each month can benefit from this.
QuickBooks Online, our recommended small business accounting software, also includes QuickBooks Bill Pay, which is ideal for companies requiring complete accounting services.
It can be tailored to specific businesses and used to monitor finances across locations and periods. QuickBooks Online excelled in accounts receivable, accounts payable, banking, and inventory management.
Companies with remote employees: Melio’s iOS app provides just A/P functionalities. You can manage your finances on the go using QuickBooks Online’s feature-rich Android and iOS apps. The app was highly regarded among the best mobile accounting tools we used.
Melio vs QuickBooks Online: A/R
Only two types of invoice mailing, individual and recurring, and one personalization logo upload, are available with Melio. You can change the template, add a custom message, or even a corporate logo to QuickBooks to change how it looks.
Customers can receive estimates and purchase receipts through email, and sales taxes can be tracked. Based on our research, we concluded that QuickBooks Online is the finest choice for this category.
Melio vs QuickBooks Online: Mobile App
The Melio mobile app is relatively limited, catering mainly to iOS users and lacking A/R features. Meanwhile, the sophisticated QuickBooks Online app works on iOS and Android devices.
The QuickBooks Online app and the website are practically identical. Bills and receipts can be scanned, accounts can be reconciled, mileage can be tracked using GPS, and estimates and sales receipts may be distributed.
These factors led us to select QuickBooks Online as the winner in this area.
Melio vs QuickBooks Online: A/P
Melio and QuickBooks Online share a lot of similarities when it comes to the functionality of their A/P departments. However, QuickBooks Online has two advantages over Melio that Melio does not have: a savvy virtual assistant and the ability to print checks. Melio is a cloud-based accounting software.
Melio offers bill approvals, unlike QuickBooks Online’s lack of this feature. Using Melio and QuickBooks Online, you can keep track of the payments made to your 1099 contractors, scan their invoices using optical character recognition software, and set up recurring billing.
Melio vs QuickBooks Bill Pay: Ease of Use
Since both systems are clear-cut and user-friendly for their respective responsibilities, I declared this category a tie. QuickBooks Online has a smaller learning curve than many rival solutions, but Melio’s simplicity results from its limited capabilities. View our free QuickBooks lesson series for additional details.
Melio vs QuickBooks Online: Customer Support
Regarding customer support, QuickBooks Online comes out on top thanks to the several channels via which assistance may be obtained. Melio and QuickBooks Online are similar in allowing access to an online form, email and live chat support, a searchable knowledge base, and other online help tools.
Melio vs QuickBooks Online: Pricing