Melio is a B2B payment platform designed to streamline accounts payable and receivable processes for businesses. Key features include:
- Automated Payments: Automate payment workflows and sync with QuickBooks Online, QuickBooks Desktop, and Xero.
- Fast Transfers: Send ACH transfers with 2-day delivery or expedite payments with fast ACH or check options.
- International Payments: Pay vendors globally with competitive exchange rates and transparent fees.
- Mobile App: Manage payments on the go with the Melio mobile app.
- W-9 Collection & 1099 Sync: Collect W-9 forms and sync with Tax1099 for simplified tax filing.
- Payment Links: Generate custom payment links for easy customer payments.
- Approval Workflows: Add team members and set user roles for better control.
- Security: Utilizes industry-leading security measures to protect data and transactions.
Melio targets small to medium-sized businesses, accountants, and bookkeepers seeking to optimize their payment processes and cash flow management.