Bill.com vs Melio: Full Comparison (2026)
Quick Answer
Bill.com ($45-$79/user/mo) is enterprise AP/AR automation. Melio (free for bank transfers) is simple B2B payments. If you process hundreds of invoices monthly and need approval workflows, Bill.com. If you just need to pay vendors without writing checks, Melio is free.
Bill.com vs Melio at a Glance
| Dimension | Bill.com | Melio | Winner |
|---|---|---|---|
| Ease Of Use | 7.5/10 | 9.0/10 | Melio |
| Features | 8.5/10 | 5.0/10 | Bill.com |
| Overall | 7.0/10 | 7.5/10 | Melio |
| Pricing | 5.5/10 | 10.0/10 | Melio |
Pricing Comparison
| Plan | Bill.com | Melio |
|---|---|---|
| Essentials / Free | $45/monthly per user | $Custom/monthly |
| Team | $55/monthly per user | |
| Corporate | $79/monthly per user |
Feature Comparison
| Feature | Bill.com | Melio |
|---|---|---|
| Receipt scanning | No | No |
| Audit trail | Yes | Yes |
| Tax preparation | No | No |
| Accountant access | No | No |
| Bank reconciliation | No | No |
| Bill pay | Yes | Yes |
| Double-entry accounting | No | No |
| Expense tracking | No | No |
| Inventory tracking | No | No |
| Invoicing | Yes | No |
| Mobile app | Yes | Yes |
| Multi-currency | Yes | No |
| Multi-entity | No | No |
| Role-based permissions | Yes | No |
| Time tracking | No | No |
| API access | Yes | Yes |
| Bank feeds | No | No |
| Payroll integration | No | No |
| Budgeting | No | No |
| Custom reports | Yes | No |
| Financial reports (P&L, Balance Sheet, Cash Flow) | No | No |
| Project profitability | No | No |
Ease Of Use: Bill.com vs Melio
Melio is dead simple — add a vendor, enter the amount, pay. Bill.com has a learning curve due to its workflow complexity, but that complexity is the product.
Features: Bill.com vs Melio
Bill.com has OCR invoice capture, multi-level approval workflows, international payments, custom roles, and deep ERP integrations. Melio has basic payment scheduling, QBO/Xero sync, and card payments at 2.9%.
Overall: Bill.com vs Melio
For most small businesses, Melio's free payment platform is all you need. Bill.com is worth it when you have enough AP volume to justify the per-user cost.
Pricing: Bill.com vs Melio
Melio is free for bank transfers. Bill.com starts at $45/user/month. For a 3-person AP team, that's $135-$237/mo for Bill.com vs $0 for Melio. The ROI math only works for Bill.com at high invoice volumes.
Our Recommendation
Melio for small businesses that need simple, free vendor payments. Bill.com for mid-market businesses with complex AP/AR workflows, multi-level approvals, and high invoice volume. Don't pay $45-$79/user/mo for Bill.com if Melio's free plan covers your needs.