Melio.io is a cloud-based accounting software as a service (SaaS) that helps businesses manage their books online. It is designed for small, medium and large businesses with users from all over the world, including Canada, US, Australia and the EU. Small business owners can access their financial data at any time through an internet connection and pay less than $30 USD per month in subscription fees. For more information on this powerful new tools for small business owners, see our list of 5 killer features below.
1. 5 killer features of Melio.io accounting software
Melio.io is an accounting software that is cloud-based, super easy to use and is designed especially for small businesses and freelancers. Built on top of a robust technology stack, Melio.io allows you to keep track of all your finances, get paid online, and collaborate with your team in real time. Setting up Melio.io is easy, all you need is an internet connection and you’re all set to start paying your bills online from any device!! It’s cloud based so you can access it on your laptop, desktop, smartphones, tablets, and even smart home you can link to your home network. The detailed read me document that you will receive after signing up is very straightforward, and makes the entire process incredibly easy to understand and follow. You also don’t need any coding knowledge to set up your platform.
Now that we explored Melio.io, here’s a list of its powerful features.
1. Simple structure for beginner and intermediate users to get started. This feature is where Melio.io excels and helps you start and grow your business.
2. With the intuitive layout of a simple grid design, all you have to do is input all the information you need about any financial transaction. This includes your invoices, taxes, client information, and any amount due. This makes the starting process of running your business super simple.
3. Easy to use. Due to the technology being cloud-based, the user interface is extremely intuitive and user-friendly. Everything is displayed neatly in a grid format so you don’t have to scroll for hours to find all the data you need. You can start paying your bills but also create reports and graphs without any problems. 100% request and payment protection.
4. The best application built on top of a security tech stack, Melio.io provides 100% remote and internal requests and fraud protection. If a user makes a request on your portal and you receive false information in your backend, it will not be accepted. This prevents hacker attacks and money laundering.
2. Customization and user interface: drag-and-drop functionality and convenient online access
Customization and ease of use are important for your customers. You want to make it as easy as possible for your customers to do business with you. Make it easy for them to buy what they want, when they want it, and how they want it. With a budget of a minimal amount, your sole purpose in using this software is to help you make a nice, neat, aesthetically pleasing report. That’s it. You get to add covers, charts, bullet points, timelines, and graphs. That’s it. Sounds easy, except you can customize it to do just about anything. For example, an expense might be a coffee. You could put a line saying “This expense was for coffee.” There will be a table with dates and a space for inputting a dollar amount. You’ll also be given a nice, pretty data table to put in wherever you want.
In addition to your record-keeping needs with your records, including your inventory, transactions, orders, and invoices, you can use this software for building your business and growing it. You can also see what successes and failures you’ve had with specific products or services. Building your data visualizes your data into actionable insights that give you a clear picture of where you need to focus your resources. Melio.io is a piece of software that puts a lot of power in your hands. When you want to add a new feature or make a fix to an existing system, you’re able to do it with a few clicks. With no coding or spreadsheet programs, you simply choose what accounting features you’d like to add or change. After you’ve filled out your information, you’ll get a report that you can edit, reorder, and throw in a PDF for you and your customer
3. More accurate and faster financial management
Another benefit of using accounting software is that it will help improve your financial management. With the help of an exclusive tool, you will have more accurate financial reporting, faster closing of your books, and more time to analyze the numbers. The Melio.io tool has many uses that can help you do this, but let’s focus on few:
So if you’re an entrepreneur in need of help with your business, now is another great opportunity to grow your company and tap into new opportunities. Melio.io is an affordable tool which will help you take your business to the next level by allowing you to do accurate calculations online, having full transparency over finances and scheduling bookkeeping tasks via webhooks, and many more. Melio provides easy access to modern accounting software that is both secure and user-friendly. Instead of learning multiple accounting programs or dealing with different hosting providers in multiple locations, Melio is compatible with all cloud providers worldwide and is personal, too! Balancing Your P&Ls, Integration of Reports and Financial data, Vendor Relationship Management etc., can be easily managed using Melio.io.
4. Modern and intuitive interface
A good user interface is one of the most important things for a successful app. It’s the first thing your customers will see, and the last thing they’ll see so it must be aesthetically-pleasing, modern and simple to use. Melio.io’s UI is something to behold. In 2016 when the product was launched the Founders could not have imagined the phenomenal growth the app has enjoyed in the last decade. So, when they launched Melio.io 2.0 for iPad in 2019, they could not help but single out the user experience as an especially important feature that set us apart from all the competition. Now in 2020, the iPad version of Melio is their 4th most downloaded product worldwide by positive ratings and has over 800,000 daily active users.
Few benefits of using the product include the following:
- emoji-friendly design that caters to all users, regardless of screen size.
- search capability from just about anywhere on the internet.
- easily print-ready forms with auto-complete and grammar check.
- Built using the latest open, standards-based technology.
Well, there are a few features that aren’t included in the free version which are listed here: We have found this very useful in helping us constantly refer to our company website as we have used other products that have a mobile version, but not on an iPad. If you are looking for a product that will help your users stay organized and ensure that they don’t lose track of anything then go check out Melio.io.