TOOL LIBRARY / FINANCE & ACCOUNTING
Melio
Organizes vendor bills and customer invoices, then moves approved payments by bank transfer, card, wire, or check.
What it is
Melio helps small and midsize businesses pay suppliers and collect from customers. It captures bills, routes approvals, schedules payments, creates invoices and payment links, and sends completed records to supported accounting systems.
Ways to use it
Ideas from real executive operations work. Take the ones that fit.
- Send supplier bills to a dedicated inbox and confirm the captured amount, date, and payee.
- Route each bill through the required approval path before scheduling payment.
- Schedule approved ACH, wire, or check payments individually or in a batch.
- Use a company card to fund an authorized vendor payment when the fee and cash-flow tradeoff are acceptable.
- Create customer invoices or payment links and sync completed activity to the accounting system.
Our take
Melio can solve a clear problem for a small finance team using QuickBooks or Xero: getting bills approved and paid without maintaining a separate payment spreadsheet. Keep vendor bank-detail changes, payment authority, duplicate checks, and post-payment accounting reconciliation under named owners.