
BILL Accounts Payable
8.5#2 in accounts payable softwareFrom $49 a monthAndroidiOSWebAPI
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| Fact | BILL Accounts Payable | Melio |
|---|---|---|
| Accounting integrations | Integrations include QuickBooks, Xero, NetSuite, Intacct, Microsoft Dynamics, Acumatica, Rillet, and more. | Melio integrates with QuickBooks Online, QuickBooks Desktop, Xero, and NetSuite, with payments syncing to accounting software after transactions. |
| Approval workflows | Businesses can configure approval workflows with rules, roles, steps, controls, reminders, and tracked status. | Supports multi-level approvals based on team members, roles, payment amounts, and vendors. |
| Company scale | More than 500,000 businesses automate financial operations with BILL. | Melio says it processes tens of billions of dollars in payments every year for hundreds of thousands of US businesses and their vendors, plus thousands of accounting firms. |
| Free plan | No | Yes |
| Invoice capture | BILL AI captures key invoice fields with stated 99% accuracy and automatically codes multiline invoices. | ai |
| Multi-entity support | Enterprise includes multi-entity and multi-location accounting capabilities. | Yes |
| Payment execution | Yes | Yes |
| Payment methods | Users can pay vendors by ACH, virtual card, credit card, check, and international wire transfer. | Businesses can pay vendors by ACH bank transfer, card, wire transfer, or check, and vendors do not need a Melio account to receive payment. |
| Security controls | BILL lists strong password policies, two-factor authentication, role-based separation of duties, immutable timestamped audit trails, TLS, and network monitoring. | Melio states that it uses TLS 1.2 or higher for data in transit, multi-factor authentication, 24/7 security monitoring, DDoS protection, and a private bug-bounty program. |
| Target customers | BILL describes its financial-operations platform as serving small and midsize businesses and accounting firms. | Melio says it is built specifically for US businesses and is especially valuable for small and midsized businesses moving beyond spreadsheets or paper-based bill pay. |
BILL Accounts Payable suits small and midsize businesses and accounting firms that need invoice processing, approvals, payments, and accounting synchronization. Its multi-entity tools may fit organizations managing bills across locations or entities.
Melio suits US businesses managing vendor bills, approvals, and payments, particularly small and midsize businesses moving beyond paper-based processes. Its mobile app and team permissions may also suit teams that manage payables on the go.