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About

Make invoicing and billing painless for your small business with FreshBooks. A top-rated invoice and accounting software for self-employed professionals and small businesses, FreshBooks offers a fast, easy, and secure way of crunching numbers so companies can focus on doing the work they love. It offers a wealth of powerful features that includes invoicing, expense tracking, time tracking, project management, payment processing, and reporting. FreshBooks also lets users work from anywhere with the Freshworks mobile app.

About

Melio is an accounts payable tool built to simplify bill payments, boost workflow efficiency, and optimize cash flow for businesses of all sizes. To get started, try all of Melio's features free for 30 days! Pay vendors online through bank transfers or credit/debit cards, even if they typically accept checks—Melio manages the manual work for you. Effortlessly integrate with QuickBooks and Xero to ensure your financial records stay current. With Melio, pay by bank transfer or card to extend cash flow and earn rewards. Adding vendor or bill details is a breeze—input them manually, upload files, or take a photo of invoices. Schedule payments to align with your cash flow, and let Melio handle the rest. International vendor payments are made easy by paying in their local currency for products and services your business needs. The Melio mobile app, available for iOS and Android, lets you monitor and manage payments anytime, giving you full control over your finances on the go.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Self employed professionals, agencies, firms, and consultancies.

Audience

Small and medium-sized businesses that are looking to better manage their cash flow and get rid of busywork.

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$6.30/month
Get 70% off for 3 month offer now!

Lite - $21 per month. Send unlimited invoices to up to 5 clients

Plus - $38 per month. Send unlimited invoices to up to 50 clients

Premium - $65 per month. Send unlimited invoices to an unlimited amount of clients
Free Version Not Supported
Free Trial Supported

Pricing

Free
Melio provides four subscription plans: Go, Core, Boost, and Unlimited.

Melio Go is free and ideal for businesses looking to enhance cash flow, streamline payments, and handle transactions however they prefer.

What’s included in Melio Go:
5 free ACH transfers per month
10 free syncs with QuickBooks Online & Xero
Pay by card or bank—vendor receives check, ACH, or wire transfers
Easy bill management: Upload, scan, or import bills
Dedicated email for automatic bill capture
Global payments in USD or local currencies
Recurring and partial payments
Instant payments
Free mobile app (iOS & Android)
Accept payments via custom links

Melio Core is a more feature-rich version of Melio Go, recommended for businesses that need greater control and efficiency with automated workflows and 2-way sync.

Start your 30 day free trial to test Melio before you choose your plan.
Melio Core includes everything in Melio Go, plus:
20 free ACH transfers per month
Unlimited 2-way auto-sync with QuickBooks Online & Xero
Batch-pay multiple bills at once
Combine payments into a single transaction
User roles, permissions, and management
Automated approval workflows
W-9 collection & 1099 e-filing
Automatic capture of bill line items

Melio Boost provides access to priority support, faster payment options, and advanced controls.

Start your 30 day free trial to test Melio before you choose your plan.
Melio Boost includes everything in Melio Core, plus:
50 free ACH transfers per month
2-day delivery for all ACH transfers
Advanced custom multi-user workflows
2-way auto-sync with QuickBooks Desktop
Advanced bill attributes (classes & locations)
Premium customer support

Melio Unlimited gives your business room to grow with unlimited ACH payments and user seats for one monthly or annual fee.

Start your 30 day free trial to test Melio before you choose your plan.
Melio Unlimited includes everything in Melio Boost, plus:
Unlimited free ACH transfers per month
Unlimited user seats
Dedicated account manager
White-glove onboarding
Free Version Supported
Free Trial Supported

Reviews/Ratings

Overall 4.8 / 5
ease 4.6 / 5
features 4.7 / 5
design 4.8 / 5
support 4.7 / 5

Reviews/Ratings

Overall 4.6 / 5
ease 4.5 / 5
features 4.5 / 5
design 4.5 / 5
support 4.3 / 5

Pros & Cons from Real Users

Pros

  • The software offers a simple and intuitive user interface that makes it easy to create and manage invoices, track payments, and manage clients. The mobile app makes it easy to access the software from anywhere, and the integration with other popular business apps, such as PayPal and Stripe, makes it even more convenient. Freshbooks also offers a range of accounting features, such as tracking expenses, generating reports, and managing taxes.
  • The platform is very simple and easy to use, all its features and tools are very intuitive. They handle a large amount of information without the need to present any kind of blocking in the system. The price is incredible, Freshbooks fits what it offers. The best CDFi option is included and projects are handled much better.
  • The best finance software for streamlining invoicing process for clients and time tracking. It is highly reliable in completing complex financial processes and automating tasks.
  • FreshBooks have managed to bed down the Quote to Cash (Proposals - Invoice - Receipt - Report) process in a very elegant and concise way, hats off to them. We adopted FreshBooks after extensive evaluation and despite the price, the value they provide makes it worth it. Proposal are a definite win though it would be nice if we could customize/personalize the sending domain name.
  • Freshbooks works with high-performance financial analytics, from which you can create advanced statistics showing the billing and closing cycles of all dates booked in the system, so you can access the information as often as needed. Freshbooks quickly manages file exports.

Cons

  • The customer service can be slow to respond and not very helpful. The prices are also higher than other accounting software programs.
  • They should translate the platform to other languages as some of our users don't speak English and it has been difficult for them to interact with Freshbooks. Otherwise this platform is amazing and can be manipulated by anyone.
  • I currently don't have any dislike since they upgraded the interface which was one area that I really wanted to see upgraded.
  • Not a negative - a wish rather that they would allow online payments in South Africa. The pandemic has minimized movement for all and integration with the local banks#paywalls would help speed up payments and automate reconciliations.
  • Freshbooks does not have good integrations to other ledger management services, which is noticeable when trying to adapt formats from the Xero platform to Freshbooks, whose formatting varies greatly. Freshbooks also does not include an expense tracker integrated directly from the control panel.

Pros from Real Users

Pros

  • I like that bills can be entered directly into Melio, or Melio can get them from the accounting software. Also, the ability to email bills to Melio is a great option for business owners/employees who aren't hands-on with the bookkeeping side of things.
  • 1. Simplifies Bill Payments: Say goodbye to manual checks and envelopes. Melio lets you pay vendors through ACH bank transfers, credit cards, or debit cards, even if they don't accept electronic payments. Schedule payments in advance, ensuring you never miss a deadline and avoiding late fees. Combine or split payments easily, making it convenient to handle complex billing situations. Send payments with notes or attachments, adding a personal touch and streamlining communication with vendors. 2. Saves Time and Money: Eliminate the need for manual data entry. Melio automatically syncs with popular accounting software like QuickBooks and Xero, saving you hours of tedious work. Reduce late fees and postage costs. Paying electronically through Melio can help you avoid these unnecessary expenses. Earn rewards on eligible payments. When you pay with a credit card through Melio, you can earn points or cashback,
  • Melio is so user friendly! It is easy to login and review payments or vendors and find the information that I need. If I ever have a question or concern, the support team is jus t a few clicks away.
  • Clean user interface, the ability to contribute to multiple organizations with a single personal profile, integrates with popular accounting software, the ability to send a payment or request to someone that doesn't have a Melio account, and, my favorite feature so far, free ACH payments.
  • With Melio, One is able to pay even non Melio users. In addition, i love the fact that you can decide if person been paid receives direct deposit or Check.
  • The payment gateway and UI is good, the experience is also good, also the ease of access is designed a better way.
  • User-Friendly Interface: Melio offers an intuitive and easy-to-navigate platform, making it simple for users to manage their transactions. Time-Efficient: The payment process is quick and efficient, saving valuable time for both businesses and customers. Versatile Payment Options: MelioPayments supports various payment methods, providing flexibility for users to choose their preferred way of making transactions. Invoice Management: The platform's robust invoice management system allows for easy tracking and organization of payments, streamlining the overall financial workflow. Customer Support: The customer support team is responsive and helpful, addressing queries and concerns promptly.
  • I've been using Melio for my property management business, and it has truly streamlined the way I handle payments. The platform's user-friendly interface makes it a breeze to both send payments to businesses and receive payments from clients. The straightforward design makes the payment process quick and efficient.
  • User-friendly interface. Add an unlimited number of team members effortlessly. Sync seamlessly with your accounting software. No need to worry about monthly fees when using Melio. Initiate payments instantly, opt for same-day bank transfers, or choose fast check for expedited 3-day delivery. Consolidate multiple bills to a single invoice for the same vendor. Take advantage of the option to make partial payments. Set up recurring payments with ease. Vendors don't have to sign up with Melio to receive payments. Flexibility to pay both domestic and international vendors. Decide when and how you want to pay your vendors. Choose from ACH transfers, card payments, international bank transfers, or send a check to your vendor. Pay vendors on the go using Melio's mobile app. Run your business from anywhere with Melio's convenient features. Maintain control over tasks with customizable approval workflows. Allocate payment responsibilities among your team members. Effortlessly capture bills in various ways with Melio's easy bill capture – take a photo, upload an invoice, manually enter details, connect with your accounting software, or send invoices to your Melio pay inbox. Schedule payments conveniently. Make payments in installments without impacting your credit score.
  • As a Business Development Manager/ Co owner of IKJewels and and Affiliate Partner using Melio as a payment option for my team is really reliable and easy to use. Especially when paying Business Bills. You Pay business bills with bank transfers for free or pay by card, even where cards aren’t accepted also there’s no monthly fee and your vendors don’t need to sign up. Melio is highly recommended especially for start ups and growing business. Melio will be your partner for success!

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported

Company Information

FreshBooks
Founded: 2004
Canada
www.freshbooks.com/

Company Information

Melio
Founded: 2018
New York
melio.com/accounts-payable/

Alternatives

Alternatives

Categories

Accounting Supported

Want to grow without feeling overwhelmed? FreshBooks empowers you to make smarter spending decisions. Get custom, real-time reports that pinpoint risks and opportunities, all while squeezing out every tax break. Try it Free or save 70% on FreshBooks Now.

AR Automation Supported

Tired of chasing invoices and juggling paperwork? FreshBooks simplifies your entire billing process. Create professional, branded invoices, send them to clients, and easily track payment status. With FreshBooks, you'll save time on admin and get paid up to 2x faster. Try it Free or save 70% on FreshBooks Now.

Bookkeeping Supported

Unlock clear financial health with powerful bookkeeping tools. Make smart decisions, plan for growth, and ensure compliance. FreshBooks simplifies this, giving you control and clarity to focus on growing your business. Try it Free or save 70% on FreshBooks Now.

Expense Report Supported

Snap, categorize, and conquer expenses with FreshBooks! Easily track receipts, auto-import bank transactions, and get clear spending insights. Simplify tax prep and budgeting, so you always know where your money is going. Try it Free or save 70% on FreshBooks Now.

Finance Supported

Say goodbye to complex spreadsheets and confusing software. Get all your essential financial tools in one place with FreshBooks. It's an all-in-one accounting solution that effortlessly handles your billing, payments, and bookkeeping. Try it Free or save 70% on FreshBooks Now.

General Ledger Supported
Legal Billing Supported
Payment Processing Supported

FreshBooks makes getting paid speedy and straightforward. Offer credit cards payrments, Apple Pay, and bank transfers to your clients and get paid twice as fast. Plus, save time with automatic payment recording and invoice matching. Try it Free or save 70% on FreshBooks Now.

Payroll Supported
Project Accounting Supported
Receipt Scanner Supported
Reconciliation Supported
Recurring Billing Supported

Simplify your billing with FreshBooks. Generate branded, professional invoices, dispatch them to clients with a click, and closely monitor their payment progress. Reclaim time otherwise spent on admin, and experience the benefit of getting paid up to 2x faster. Try it Free or save 70% on FreshBooks Now.

Time and Expense Supported
Time Clock Supported
Time Tracking Supported

FreshBooks' powerful and simple expense tracker makes tracking business expenses ridiculously easy. You can see what you’re spending and how profitable you are at a glance without the headache of spreadsheets or shoeboxes of receipts. Try it Free or save 70% on FreshBooks Now.

Categories

Accounts Receivable Features

ACH Payment Processing Supported
Billing & Invoicing Supported
Check Processing Not Supported
Collections Management Not Supported
Online Payment Processing Supported
Overpayment Processing Not Supported
Partial Payments Supported
Receivables Ledger Supported
Recurring Billing Supported

Billing and Invoicing Features

Billing Portal Supported
Contact Database Supported
Contingency Billing Not Supported
Customer Portal Supported
Customizable Invoices Supported
Dunning Management Supported
Hourly Billing Supported
Invoice History Supported
Mobile Payments Supported
Multi-Currency Supported
Online Invoicing Supported
Online Payments Supported
Payment Processing Supported
Project Billing Supported
Recurring/Subscription Billing Supported
Service Ticket Billing Not Supported
Tax Calculator Supported

Bookkeeping Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Supported
Billing & Invoicing Supported
Cash Management Not Supported
Collections Not Supported
Expense Tracking Supported
Fixed Asset Management Not Supported
General Ledger Not Supported
Payroll Supported
Revenue Recognition Supported
Spend Management Supported
Tax Management Supported

Payment Processing Features

ACH Check Transactions Supported
Bitcoin Compatible Not Supported
Debit Card Support Not Supported
Gift Card Management Not Supported
Mobile Payments Not Supported
Online Payments Supported
POS Transactions Not Supported
Receipt Printing Not Supported
Recurring Billing Supported
Signature Capture Supported

Recurring Billing Features

Customer Portal Not Supported
Deferred Billing Supported
Discount Management Not Supported
Dunning Management Not Supported
Invoice History Supported
Multi-Currency Not Supported
Multi-Period Recurring Billing Supported
Payment Processing Supported
Recurring Donations Not Supported
Subscription Billing Not Supported

Accounting Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Not Supported
Billing & Invoicing Supported
Cash Management Not Supported
CPA Firms Not Supported
Cryptocurrency Support Not Supported
Expense Tracking Supported
Fixed Asset Management Not Supported
Fund Accounting Not Supported
General Ledger Supported
Government Not Supported
Multi-Currency Not Supported
Nonprofits Supported
Payroll Management Supported
Project Accounting Not Supported
Purchase Orders Supported
Tax Management Not Supported

Construction Accounting Features

Accounts Payable Supported
Accounts Receivable Supported
Billing & Invoicing Supported
Budgeting & Forecasting Not Supported
Cash Management Not Supported
Construction Breakdowns Not Supported
General Ledger Supported
Job Costing Not Supported
Overrun Projections Not Supported
Payroll Management Supported
Purchase Order Management Not Supported
Quotes / Estimates Supported

Expense Report Features

Approval Process Control Not Supported
Invoice Management Supported
Multi-Currency Supported
Receipt Management Supported
Reimbursement Management Not Supported
Spend Control Not Supported
Time Tracking Supported
Workflow Management Not Supported

Legal Billing Features

Accounting Management Supported
Automatic Billing Not Supported
Calendar Management Not Supported
Case Management Not Supported
Client Portal Not Supported
Document Management Not Supported
Expense Tracking Supported
Time Tracking Supported

Payroll Features

401(k) Tracking Supported
Attendance Management Supported
Benefits Management Supported
Check Printing Not Supported
Compensation Management Not Supported
Deductions Management Not Supported
Direct Deposit Not Supported
Multi-Country Not Supported
Multi-State Not Supported
Reporting/Analytics Not Supported
Self Service Portal Not Supported
Tax Compliance Supported
Vacation / Leave Tracking Not Supported
W-2 and 1099 Preparation Not Supported
Wage Garnishment Not Supported

Time Clock Features

Biometric Recognition Not Supported
Hourly Employee Tracking Not Supported
Messaging Not Supported
Mobile Access Supported
Online Punch Card Not Supported
Payroll Management Supported
Punch card Not Supported
Reporting/Analytics Supported
Salaried Employee Tracking Supported
Sick Leave Tracking Not Supported
Vacation / Leave Tracking Not Supported
Workstation Tracking Not Supported

Time Tracking Features

Automatic Time Capture Supported
Billable & Non-Billable Hours Supported
Billing & Invoicing Supported
Employee Database Not Supported
Expense Tracking Supported
Mobile Time Tracking Supported
Multiple Billing Rates Supported
Offline Time Tracking Not Supported
Online Time Tracking Supported
Overtime Calculation Not Supported
Time per Project Reporting Supported
Timesheet Management Supported
Vacation / Leave Tracking Not Supported

Time and Expense Features

Activity Tracking Supported
Billable Hours Tracking Supported
Billing Rate Management Not Supported
Expense Tracking Supported
Invoice Processing Supported
Multiple Billing Rates Supported
Project Tracking Supported
Reimbursement Management Not Supported
Time Tracking by Client Supported
Time Tracking by Project Supported

Accounts Receivable Features

ACH Payment Processing Supported
Billing & Invoicing Supported
Check Processing Supported
Collections Management Supported
Online Payment Processing Supported
Overpayment Processing Not Supported
Partial Payments Supported
Receivables Ledger Not Supported
Recurring Billing Supported

Billing and Invoicing Features

Billing Portal Supported
Contact Database Supported
Contingency Billing Not Supported
Customer Portal Not Supported
Customizable Invoices Supported
Dunning Management Not Supported
Hourly Billing Not Supported
Invoice History Supported
Mobile Payments Supported
Multi-Currency Not Supported
Online Invoicing Supported
Online Payments Supported
Payment Processing Supported
Project Billing Not Supported
Recurring/Subscription Billing Supported
Service Ticket Billing Not Supported
Tax Calculator Not Supported

Bookkeeping Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Supported
Billing & Invoicing Supported
Cash Management Supported
Collections Supported
Expense Tracking Supported
Fixed Asset Management Supported
General Ledger Not Supported
Payroll Not Supported
Revenue Recognition Not Supported
Spend Management Not Supported
Tax Management Not Supported

Payment Processing Features

ACH Check Transactions Supported
Bitcoin Compatible Not Supported
Debit Card Support Supported
Gift Card Management Not Supported
Mobile Payments Supported
Online Payments Supported
POS Transactions Not Supported
Receipt Printing Not Supported
Recurring Billing Supported
Signature Capture Not Supported

Recurring Billing Features

Customer Portal Supported
Deferred Billing Supported
Discount Management Supported
Dunning Management Not Supported
Invoice History Supported
Multi-Currency Not Supported
Multi-Period Recurring Billing Supported
Payment Processing Supported
Recurring Donations Supported
Subscription Billing Supported

Accounts Payable Features

Approval Process Control Supported
Bank Reconciliation Supported
Cash Management Not Supported
Check Writing Supported
Duplicate Payment Alert Supported
Fraud Detection Supported
General Ledger Entry Not Supported
Vendor Management Supported

Integrations

5X Supported
AccessOwl Supported
Axis LMS Supported
B2B Store Supported
COZYROC SSIS+ Suite Supported
Checkeeper Supported
ClickSend Supported
Fundbox Supported
Google Cloud Security Command Center Supported
Integry Supported
Memtime Supported
OnTime 360 Supported
Relanco Supported
Setster Supported
Shopify Supported
Smart Apartment Data Supported
Syngency Not Supported
Vessel Supported
iCare Software Supported
worxTMS Supported

Integrations

5X Not Supported
AccessOwl Not Supported
Axis LMS Not Supported
B2B Store Not Supported
COZYROC SSIS+ Suite Not Supported
Checkeeper Not Supported
ClickSend Not Supported
Fundbox Not Supported
Google Cloud Security Command Center Not Supported
Integry Not Supported
Memtime Not Supported
OnTime 360 Not Supported
Relanco Not Supported
Setster Not Supported
Shopify Not Supported
Smart Apartment Data Not Supported
Syngency Supported
Vessel Not Supported
iCare Software Not Supported
worxTMS Not Supported
Claim FreshBooks and update features and information
Claim FreshBooks and update features and information