STOA's verdictRating 7.5 out of 10
Melio is a great fit for small business owners who juggle vendor bills and want their payments to sync automatically with QuickBooks or Xero.
The biggest win is flexibility—you can pay any vendor by card to hold onto cash longer, even if that vendor only accepts checks. The main downside is that the free plan limits you to 5 free ACH payments per month, so businesses with higher payment volume will need to upgrade to a paid plan.
Five factors, weighted · rubric v1How we rate
- SMB Fit 30%8.0 out of 10
The free Go plan covers a single user, and Core at $25 a month (or $20 billed annually) adds batch payments and approval workflows for a busier small team.
