Melio VS Checkrun

Melio allows small businesses to take control of their cash flow with flexible business payments. A free and easy-to-use B2B payment solution, Melio has no setup or monthly fees. It helps small businesses in the US pay any business expense by ACH bank transfer or credit card - even where cards aren’t accepted. And vendors still get paid their way - by check or bank transfer.

Why Melio: Pay any invoice with a bank transfer for FREE, or use your credit card to defer payment (2.9% fee). Vendors receive a check or bank deposit. Pay with a credit card and hold onto cash for up to 45 extra days. Collect points and rewards along the way. The platform is user friendly, reduces costs. saves you time, and enables SMBs to focus their business rather than logistics. It has a seamless sync with QuickBooks and Xero, which eliminates a dual entry of vendor/bill information.

Currently, Melio is available to small businesses in the US only, though it enables international payments.

With so many business owners, managers, and finance teams working remotely or in the field, our secure mobile app provides the ability to manage your cash flow, run your back office operations, and pay your bills without missing a beat. Review, approve, sign and send your business bills directly from your device, all while data and supporting attachments are being instantly synced between your Checkrun and QuickBooks Online account.

Checkrun provides automated payment routing, custom approval workflows, electronic access to supporting documents, signature capture and a same-day check print and mail service that does all the work for you. That means, no more double data entry, no more lost bills and late payments and no more storing pre printed checks and printing supplies—improving the speed, efficiency, mobility and security of the entire payment approval process

Checkrun businesses save up to 50% on their costs and time across their payment approval processes. The mobile app is designed to simplify the payment approval process and eliminate the inconvenience of tracking down signatures, giving you the freedom to review, approve, sign checks anytime from anywhere.