Fidesic integrates with accounting systems to automate the day-to-day challenges of managing business critical payments and receivables for the small to mid-sized business, creating a paperless process, end to end. The vendor states that it is a solution built to support small to mid-sized companies that seek to streamline the efficiency of their accounts payable or accounts receivable process and are using Microsoft Dynamics GP, QuickBooks, or QuickBooks Online.
$19
per month
Melio
Score 9.1 out of 10
N/A
Melio is a small business-oriented Accounts Payable tool, presented as a service that helps small businesses keep up with business. A B2B payments experience and payment workflow designed to be simple, and to enable businesses to pay domestic and international vendors, expedite payments, or pay by card.
N/A
Pricing
Fidesic
Melio
Editions & Modules
Fidesic Lite
$19.00
per month
Fidesic Pro
$29.00
per month
Fidesic Enterprise
$49.00
per month
Card processing fee
2.9%
Offerings
Pricing Offerings
Fidesic
Melio
Free Trial
Yes
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
$49 per seat
No setup fee
Additional Details
—
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More Pricing Information
Community Pulse
Fidesic
Melio
Features
Fidesic
Melio
Payment Management
Comparison of Payment Management features of Product A and Product B
Fidesic
-
Ratings
Melio
8.7
10 Ratings
15% above category average
Customizable Approval Policies
00 Ratings
9.27 Ratings
Financial Document Management
00 Ratings
7.57 Ratings
Payment Status Tracking
00 Ratings
9.210 Ratings
Payment Audit Trail
00 Ratings
9.28 Ratings
Duplicate Bill Detection
00 Ratings
8.77 Ratings
Advanced OCR
00 Ratings
8.27 Ratings
Electronic Funds Transfer
00 Ratings
9.28 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
My experience with Fidesic has been wonderful and it has helped to streamline our payables. We've been able to give our operations teams access in order for them to review their invoices instead of coming to the AP team to do the research.
In my personal experiences, I would recommend Melio to a friend or colleague but would tell them the pros and the con. Melio has really made payments seem seamless and easy. The fact that one can plan his/her payment schedule in advance and at the same time track it, is a very big relief. In as much as Melio has a lot of good features but it still needs upgrade or update, like the notifications of failed payments and delays.
The simplicity it adds to business payments is a great deal. One feature we really value it the ability to pay vendors by check. Melio prints and mails checks for us which saves time and hassle.
Payment scheduling tool is another thing we enjoy. This tool lets us plan ahead and manage cash flow more effectively by setting payment dates in advance.
Another thing Melio does well is the tracking of payment.
There was a time a vendor claimed that they hadn't been paid, but with just a few clicks we could see the check has already been delivered.
This kind of transparency gives us confident and keep things professional.
The integration with other platform or accounts like QuickBooks is an experience I did love to keep.
There should be an automatic link between vendors added with their Melio link and the same vendors that already exist in QuickBooks. As it is now, a new vendor is created when you do that and is not linked with the one that already is in QuickBooks.
Melio has been a very important tool in the advancement of our business. With great features, it has made payments to vendors seamless and hassle free. In terms of vendor management, account/data tracking, and scheduling of payments in advance. This has formed the base that we are still with Melio till today.
PaperSave was a complete bust for us. Their OCR was terrible and never really worked. Their customer service was an abomination and we were hung up on by their trainer. GP just could not handle the volume of checks that we had and we were using a lot of MICR ink which became very expensive along with the amount of check stock we were using. Fidesic has streamlined all of that for us and allowed us to process bills and payments but not get bogged down in the stuffing of envelopes.
Melio is 100% free if you just use ACH, and that by itself would be reason enough for me to stick with the platform, it boats a ton of other useful features that add to the experience.
I have been able to save hours every week now that I am only using Melio as my payment processor
I can easily add invoice details which I use to create in another platform and upload to Melio, this saves me time with projects I want to be quicker with
The ease of use for my clients is fantastic, and makes for a seamless workflow