Melio Solutions Inc. Market Research Report

Company Overview

Name

Melio Solutions Inc.

Mission

"We believe that by enabling more payment choices and by simplifying the way businesses interact with one another, we can level the B2B commerce playing field and keep small business in business."

Founding Information

Founded: No information is available

Founders: No information is available

Key People

Nicholas Passarelli - Chief Compliance Officer

Boaz BenDavid - Chief Financial Officer

Sivanne Goldfarb - Vice President of Risk, Credit & Data Products

Guy Zipori - VP of Research and Development

Headquarters

New York, Tel Aviv, Denver

Number of Employees

Number of Employees: More than 600

Revenue

No information is available

Recognition

Featured as Forbes Cloud 100

Listed in The World’s Top 250 Fintech Companies

Named in The Fintech 50 list

Recognized as a top 100 fintech leader by Fintech Magazine

Company Purpose

Melio is known for providing a digital B2B payment platform that improves cash flow and allows businesses to choose how they pay and get paid. The platform simplifies business payments and optimizes financial processes.

Products

Product Overview

Melio offers a variety of products focused on streamlining business payment processes, automating workflows, and enhancing financial control.

Accounts Payable

Description: Streamline payment workflows and automate tasks to save time and improve efficiency.

Key Features: Automated payments, assigns operational tasks, user roles and permissions, international payments.

Accounts Receivable

Description: Enable businesses to easily receive payments from customers securely and quickly.

Key Features: Payment links, quick payment processing, secure transactions, live tracking.

Accounting Firms

Description: Solutions specifically tailored for accounting firms to manage client payments.

Key Features: Client management, visibility and control, customized payment plans.

Mobile App

Description: Manage payments on the go using Melio’s mobile application.

Key Features: Payment tracking, approval processing, quick decision making from anywhere.

International Payments

Description: Facilitate payments to global vendors in their preferred currency.

Key Features: Competitive exchange rates, transparent fees, manage international transactions on a single platform.

Other Key Features

Fast Payments: Expedite payments with immediate fund transfers.

2-day ACH Delivery: Faster ACH bank transfers.

Auto Bill Capture: Scan and import bills to streamline invoice management.

W-9 Collection: Collect W-9 forms directly from contractors.

Auto 1099 Sync: Syncs with tax1099.com for easy 1099 filing.

Recurring Payments: Schedule payments in advance to manage cash flow.

Recent Developments

New Products & Features

2-day ACH Delivery: Faster bank transfers within 2 business days.

Auto Bill Capture: Scan and import bills directly to Melio.

W-9 Collection: Facilitate the collection of W-9 forms for tax purposes.

Auto 1099 Sync: Integration with tax1099.com for streamlining tax filing.

Pay Over Time: Allows businesses to pay bills in up to 12 monthly installments.

Mobile App: Launch of a mobile app to manage B2B payments on the go.

Partnerships

Amazon Business: Collaboration to streamline invoicing processes.

Fiserv: Partnership to streamline accounts payable and receivable for small businesses.

Shopify: Integrated accounts payable solution for Shopify merchants.

QuickBooks and Xero: Integrations for seamless data syncing between accounting software and Melio.

Awards & Recognitions

Forbes Cloud 100: Featured as one of the top cloud companies.

Fintech 50: Named among the top fintech companies.

Best B2B Payments Platform: Recognized by FinTech Breakthrough Awards Program.

Management Changes

Nicholas Passarelli appointed as Chief Compliance Officer.

Boaz BenDavid named as first Chief Financial Officer.

For further information on Melio Solutions Inc., including complete product details and more recent updates, visit their [official website](https://www.meliopayments.com) or contact their support team.