Melio vs. QuickBooks Desktop Pro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Melio
Score 9.3 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
QuickBooks Desktop Pro
Score 7.8 out of 10
N/A
Quickbooks Desktop Pro is accounting software from Intuit, Inc. It includes core accounting features, plus analytics and exportable reports. It is offered in on-premise and SaaS forms.N/A
Pricing
MelioQuickBooks Desktop Pro
Editions & Modules
Card processing fee
2.9%
No answers on this topic
Offerings
Pricing Offerings
MelioQuickBooks Desktop Pro
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
MelioQuickBooks Desktop Pro
Features
MelioQuickBooks Desktop Pro
Payment Management
Comparison of Payment Management features of Product A and Product B
Melio
8.8
Ratings
16% above category average
QuickBooks Desktop Pro
-
Ratings
Customizable Approval Policies9.20 Ratings00 Ratings
Financial Document Management7.50 Ratings00 Ratings
Payment Status Tracking9.20 Ratings00 Ratings
Payment Audit Trail9.20 Ratings00 Ratings
Duplicate Bill Detection8.80 Ratings00 Ratings
Advanced OCR8.20 Ratings00 Ratings
Electronic Funds Transfer9.20 Ratings00 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Melio
8.7
Ratings
27% above category average
QuickBooks Desktop Pro
-
Ratings
Automated Accounts Payable Processes8.90 Ratings00 Ratings
Vendor Management8.80 Ratings00 Ratings
Tax Form Preparation8.60 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Melio
-
Ratings
QuickBooks Desktop Pro
9.3
Ratings
18% above category average
Pay calculation00 Ratings9.90 Ratings
Benefit plan administration00 Ratings9.80 Ratings
Direct deposit files00 Ratings9.90 Ratings
Salary revision and increment management00 Ratings9.90 Ratings
Reimbursement management00 Ratings7.30 Ratings
Customization
Comparison of Customization features of Product A and Product B
Melio
-
Ratings
QuickBooks Desktop Pro
7.9
Ratings
3% above category average
API for custom integration00 Ratings8.00 Ratings
Plug-ins00 Ratings7.80 Ratings
Security
Comparison of Security features of Product A and Product B
Melio
-
Ratings
QuickBooks Desktop Pro
10.0
Ratings
18% above category average
Single sign-on capability00 Ratings10.00 Ratings
Role-based user permissions00 Ratings10.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Melio
-
Ratings
QuickBooks Desktop Pro
10.0
Ratings
24% above category average
Dashboards00 Ratings10.00 Ratings
Standard reports00 Ratings10.00 Ratings
Custom reports00 Ratings10.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Melio
-
Ratings
QuickBooks Desktop Pro
9.5
Ratings
20% above category average
Accounts payable00 Ratings10.00 Ratings
Accounts receivable00 Ratings10.00 Ratings
Cash management00 Ratings10.00 Ratings
Bank reconciliation00 Ratings10.00 Ratings
Expense management00 Ratings10.00 Ratings
Time tracking00 Ratings8.70 Ratings
Fixed asset management00 Ratings10.00 Ratings
Multi-currency support00 Ratings10.00 Ratings
Multi-division support00 Ratings10.00 Ratings
Regulations compliance00 Ratings7.20 Ratings
Electronic tax filing00 Ratings10.00 Ratings
Self-service portal00 Ratings9.70 Ratings
Global Financial Support00 Ratings7.00 Ratings
Primary and Secondary Ledgers00 Ratings8.80 Ratings
Intercompany Accounting00 Ratings10.00 Ratings
Localizations00 Ratings8.50 Ratings
Journals and Reconciliations00 Ratings10.00 Ratings
Enterprise Accounting00 Ratings10.00 Ratings
Configurable Accounting00 Ratings10.00 Ratings
Centralized Rules Framework00 Ratings10.00 Ratings
Standardized Processes00 Ratings10.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Melio
-
Ratings
QuickBooks Desktop Pro
6.7
Ratings
9% below category average
Inventory tracking00 Ratings6.40 Ratings
Automatic reordering00 Ratings6.10 Ratings
Location management00 Ratings6.20 Ratings
Manufacturing module00 Ratings8.20 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Melio
-
Ratings
QuickBooks Desktop Pro
8.3
Ratings
7% above category average
Pricing00 Ratings10.00 Ratings
Order entry00 Ratings10.00 Ratings
Credit card processing00 Ratings7.10 Ratings
Cost of goods sold00 Ratings10.00 Ratings
Order Orchestration00 Ratings9.00 Ratings
End-to-end order visibility00 Ratings9.00 Ratings
Order exception Resolution00 Ratings3.20 Ratings
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MelioQuickBooks Desktop Pro
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Score 8.9 out of 10
Medium-sized Companies
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User Ratings
MelioQuickBooks Desktop Pro
Likelihood to Recommend
8.5
(0 ratings)
9.9
(0 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(0 ratings)
Usability
-
(0 ratings)
10.0
(0 ratings)
Availability
-
(0 ratings)
8.3
(0 ratings)
Support Rating
-
(0 ratings)
1.2
(0 ratings)
In-Person Training
-
(0 ratings)
10.0
(0 ratings)
Implementation Rating
-
(0 ratings)
9.0
(0 ratings)
Product Scalability
-
(0 ratings)
8.0
(0 ratings)
User Testimonials
MelioQuickBooks Desktop Pro
Likelihood to Recommend
Melio is particularly well suited for small businesses above $100K in revenue whose owners want to save time and simplify bill payments. It is helpful to bookkeepers so that they don't have to ask the owners, over and over again, "what was that check for?" and "can you send me the bill?"
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I am only going to recommend it because it is currently ubiquitous, and most accountants prefer it at the moment. I do not stand by the company, and will not use the product any longer than I have to. [I believe] the support is lousy, the product is overpriced, but it does the basics of what we need. I'm very happy for all those outside Intuit who make their living supporting QuickBooks Desktop Pro; third-party support is desperately needed. They also doubled their prices for software upgrades this year, and require those who don't pay double what the last upgrade cost, to subscribe every year for $200. If one does not subscribe beyond the first year, one will not be able to use the software beyond the first year. They are moving to a rental model even for those who refuse to use the LOUSY QuickBooks online. They were good company once. Now they just turn out bloatware that everyone uses, so the rest of us have to. I look forward to the day that an honest, better-priced competitor wipes the floor with Intuit.
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Pros
  • 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.
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  • It is easy to manage and adjust inventory on hand.
  • It is easy to make reports and customize them to your needs.
  • We also use it to pay our employees directly.
  • It is easy to make year-to-year comparisons to see where we can make improvements and the current financial situation.
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Cons
  • 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.
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  • QuickBooks Desktop Pro has been around for a few years and after an update[,] they force you to look at the changes/updates before you can use [them] after updating.
  • QuickBooks Desktop Pro does not have 2FA.
  • QuickBooks Desktop Pro should offer a way to store backups to a personal cloud without having to map a local network drive.
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Likelihood to Renew
It has solved almost all the business needs I have and has contributed greatly to my business growth.
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We use it with all our clients and have several QuickBooks Pro Advisors and will renew and continue to use it with our client base. It is easy to use, helps with collecting annual data and makes compiling of information for filing annual tax returns much easier. It makes our job a lot easier, than using manual records.
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Usability
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.
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QuickBooks Desktop Pro can be daunting at first. It has the ability to do nearly everything you will ever need in accounting but that means there are a lot of features to learn. It's always best to have an experienced user to guide you with the initial setup as it can be a bit overwhelming.
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Reliability and Availability
No answers on this topic
I haven't experienced a time when QuickBooks Pro was unavailable when I needed it in the entire 20 years of using the software
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Support Rating
They have great customer support system
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I was a BIG fan of QuickBooks support for a very long time up until recently. The representatives were well trained and wanted to solve your problem for you, as a human, not as just a customer. In my recent experiences I feel as though that is no longer so. My last conversation was appalling. The representative only read the narrative provided over and over and would not send me on to a supervisor. Finally I hung up and called back. On this try, I was passed from department to department. I was not presented with a solution until I posted a rant on their Facebook page. It amazes me that I had to publicly complain to get results.
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In-Person Training
Very educative. It was well detailed, organized and knowledgeable.
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Best thing I ever did was to attend a two day training seminar on QuickBooks, I learned an immense amount in a short time with hands on training by experts. I strongly recommend such training for anyone using any part of the software. It will pay for itself in the first month.
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Online Training
Very helpful and we learnt a handful
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No answers on this topic
Implementation Rating
No answers on this topic
We implemented the software ourselves. The training we received on the software was done by taking a community course teaching us how to use QuickBooks. It allowed me to get started with some basics of how to use the program and have not needed much assistance since completing the course work.
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Alternatives Considered
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.
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Quickbooks Desktop Pro is much simple and easier to use, so it fits better to the ticket of our small non-profit organization needs. The other options are either, or both, more pricy and complicated. For example, the implementation for QuickBooks Desktop Pro was simple enough for me to do so in-house with training courses available and phone calls to a customer service representative or implementation expert accessible.
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Return on Investment
  • 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
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  • Clean and accurate bookkeeping records [have] made reporting and sharing information with tax accountants a breeze.
  • Invoicing out of QB is a bit slow and time-consuming[,] unfortunately, so we were forced to choose another software to integrate.
  • A great way to have all accounting needs in one place - AP, AR, Reporting, etc.
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