How to add a vendor?

What is Melio?

Melio is a digital payment platform designed to simplify and streamline business payments. It allows businesses to manage and pay their bills online, including invoices, rent, utilities, and more. Melio aims to save businesses time and effort by providing a user-friendly platform for digital payments.

Who is Melio for?

Melio is designed for small and medium-sized businesses (SMBs) that need an efficient way to manage their payments and financial operations. It is particularly useful for businesses that regularly make payments to vendors, suppliers, and service providers. Melio caters to a variety of industries, including retail, healthcare, professional services, and more.

How does Melio work?

Melio operates as a cloud-based platform accessible through a web browser or mobile app. Businesses can create a free account and link their bank account to Melio. They can then add their bills and invoices to the platform, either by manually entering the details or uploading existing documents. Melio securely stores the payment information and allows businesses to schedule and send payments on the desired due date. Payments can be made via bank transfers or using a credit card.

How is Melio used?

Melio is used for various payment-related tasks, including:

• Digitally managing and organizing bills and invoices.
• Scheduling and sending payments to vendors and suppliers.
• Automating recurring payments to streamline cash flow.
• Tracking payment history and generating reports for financial analysis.
• Collaborating with team members on payment approvals and workflows.

By leveraging Melio, businesses can streamline their payment processes, reduce manual paperwork, improve cash flow management, and maintain better vendor relationships.