BILL Accounts Payable vs Melio
BILL Accounts Payable
bill.comMelio
melio.comSide by side
| Figure | BILL Accounts Payable | Melio |
|---|---|---|
| Price from | $49/mo | Free |
| Free plan | — | Yes |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | — |
| Plans published | 5 | 6 |
| Spec score · Accounts Payable Software | 9.2 (#2) | 8.5 (#11) |
| Accounting integrations | Integrations include QuickBooks, Xero, NetSuite, Intacct, Microsoft Dynamics, Acumatica, Rillet, and more. | Melio integrates with QuickBooks Online, QuickBooks Desktop, Xero, and NetSuite, with payments syncing to accounting software after transactions. |
| Approval workflows | Businesses can configure approval workflows with rules, roles, steps, controls, reminders, and tracked status. | Supports multi-level approvals based on team members, roles, payment amounts, and vendors. |
| Company scale | More than 500,000 businesses automate financial operations with BILL. | Melio says it processes tens of billions of dollars in payments every year for hundreds of thousands of US businesses and their vendors, plus thousands of accounting firms. |
| Free plan | No | Yes |
| Free plan limits | The free plan applies to Spend & Expense, not AP and AR subscriptions. | The Go plan includes five free ACH payments per month, is limited to one user, and charges $0.50 for each ACH payment after the free monthly allowance. |
| Invoice capture | BILL AI captures key invoice fields with stated 99% accuracy and automatically codes multiline invoices. | ai |
| Multi-entity support | Yes | Yes |
| Payment execution | Yes | Yes |
| Payment methods | Users can pay vendors by ACH, virtual card, credit card, check, and international wire transfer. | Businesses can pay vendors by ACH bank transfer, card, wire transfer, or check, and vendors do not need a Melio account to receive payment. |
| Security controls | BILL lists strong password policies, two-factor authentication, role-based separation of duties, immutable timestamped audit trails, TLS, and network monitoring. | Melio states that it uses TLS 1.2 or higher for data in transit, multi-factor authentication, 24/7 security monitoring, DDoS protection, and a private bug-bounty program. |
| Target customers | BILL describes its financial-operations platform as serving small and midsize businesses and accounting firms. | Melio says it is built specifically for US businesses and is especially valuable for small and midsized businesses moving beyond spreadsheets or paper-based bill pay. |
Plans
BILL Accounts Payable
- Essentials$49 a month
- Team$65 a month
- Corporate$89 a month
- EnterprisePriced on request
- BILL Accounts PayablePrice not published
Melio
- GoFree
- CorePrice not published
- BoostPrice not published
- UnlimitedPrice not published
- PlatinumPriced on request
- Free trial offerFree
In their own words
BILL Accounts Payable
BILL Accounts Payable automates invoice capture, approval routing, payment processing, and accounting synchronization for accounts payable teams. AI invoice capture and two-way or three-way matching can connect invoices with purchase orders and receipts. Payments can be made by ACH, credit card, check, or international wire transfer, and the product supports paying up to 2,000 bills at a time. Multi-Entity centralizes bill review, approvals, and payments across entities and locations. Accounting connections include automatic two-way sync with QuickBooks products, Xero, Oracle NetSuite, Sage Intacct, and Microsoft Dynamics; CSV import/export and an API platform support custom integrations. AP and AR are paid subscriptions priced per user, starting at $49 a month, and a free trial is listed. The separate Spend & Expense free plan does not cover AP or AR. Some checks, ACH, instant transfers, and international payments incur fees regardless of plan. Mobile apps support Android 7.0 or later and iOS 16 or later, with data and actions synchronized with the desktop application.
Melio
Melio is a bill pay and invoicing platform for businesses, covering accounts payable, receivable, and payment processing. It captures bills through OCR or email, supports approval workflows, and syncs payments with QuickBooks, Xero, or NetSuite. Businesses can pay by card, ACH, instant transfer, paper check, and other methods, including one-time, recurring, or batch payments. International vendor payments can be made in USD or local currencies, and vendors do not need an account to receive payment. Teams can assign roles such as viewers, approvers, and admins. The mobile app supports reviewing, approving, paying, and managing payables and receivables; web, Android, and iOS platforms are listed. Go is free for one user and includes five ACH payments each month, then $0.50 per ACH payment. The 90-day offer provides access to all features at no cost; afterward, accounts without a paid subscription convert to limited Go. Paid plans start at $25/mo after the trial. Melio says it is built for US businesses.