Overview

Melio Accounts Receivable is a comprehensive solution designed to simplify and accelerate the process of getting paid for businesses. It provides tools to create, send, and manage invoices, allowing customers to pay in a few clicks using their preferred method, while ensuring the funds are deposited directly into your bank account. Melio eliminates the complexities and inefficiencies associated with traditional invoicing and payment methods. Melio’s Accounts Receivable platform centralizes incoming payments, enabling businesses to track and manage all payment requests from any device. It integrates seamlessly with popular accounting software like QuickBooks Online, QuickBooks Desktop, and Xero to automatically match payments with invoices for simplified reconciliation. This saves valuable time on administrative tasks, reduces manual data entry, and facilitates easy reconciliation of books with bank accounts. The system is designed to provide transparency and control over the entire payment process, from the moment the payment request is sent to when the payment is received.

Features

• Easy Online Payments: Customers can pay invoices online in just a few clicks, using either a credit card or ACH bank transfer, without needing to sign up for Melio.
• Accounting Software Sync: Melio syncs with QuickBooks Online, QuickBooks Desktop, and Xero to automatically reconcile payments with invoices, reducing manual accounting work.
• Centralized Payment Management: Track and manage all payment requests on a single platform from any device.
• Customizable Payment Requests: Customize payment requests, payment links, and emails with your company logo for a professional look.
• Flexible Payment Options: Customers can choose to pay via credit card or ACH bank transfer.
• Payment Status Tracking: Real-time visibility into every stage of the payment process, from sending the request to when the payment clears.
• Secure Transactions: Protection against bounced checks, forgery, chargebacks, and ACH returns, ensuring secure business transactions.
• Payment Links: Add a unique payment link to business cards, email signatures, or websites to allow customers to initiate payments easily.
• Fee Flexibility: Choose whether your business or your customers cover the 2.9% fee on credit card payments.

Benefits

• Faster Payments: Enable customers to pay invoices quickly and easily online, reducing the time it takes to get paid.
• Reduced Administrative Work: Automate reconciliation with accounting software and centralize payment management, saving time on manual tasks.
• Improved Cash Flow Clarity: Gain clear visibility into your cash flow by tracking payment statuses in real-time.
• Enhanced Security: Protect your business from fraudulent payment activities.
• Professional Branding: Customize payment requests to maintain a consistent brand image.
• Convenient Payment Options: Offer customers flexible payment methods to suit their preferences.