Traditional vs. digital payments: What’s best for small businesses?

Traditional vs. digital payments: What’s best for small businesses?

While traditional payment methods are familiar, they are often more expensive, less convenient, slower, and harder to track than digital payments.
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Payments
Melio update following the closure of Silicon Valley Bank on March 10

Melio update following the closure of Silicon Valley Bank on March 10

We are providing an important update in light of the recent news regarding SVB, to assure our customers that we do not expect disruptions in our service.
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News
How to beat writer’s block: tips from a professional writer

How to beat writer’s block: tips from a professional writer

Follow these tips to get your juices flowing and complete any writing task on your plate, whether it’s a blog post or a professional estimate for your SMB.
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Tips
4 payment processing issues and how to solve them

4 payment processing issues and how to solve them

Accepting payments is crucial to running a business but it comes with a few challenges. This article covers what they are and how to overcome them.
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Tips
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Payments
Everything your small business needs to know about chargebacks

Everything your small business needs to know about chargebacks

Chargebacks alone cost businesses between $20 and $100 per transaction but there are measures small businesses can take to prevent or minimize them.
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Tips
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Payments
What’s the difference between statement balance and current balance?

What’s the difference between statement balance and current balance?

With a business credit card, It’s extra important to pay on time and keep your credit score high. Understanding these two terms will help you do that.
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Finance
How using Melio helped me hack the recipe development process

How using Melio helped me hack the recipe development process

Today’s technologies can help recipe developers earn miles on business purchases. This means huge savings on traveling to the places that inspire their flavors.
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Tips
4 ways nonprofits can save more money and do more good

4 ways nonprofits can save more money and do more good

Nonprofits are all about giving back, so every penny they save makes a huge difference. Find out how your organization can cut costs to increase impact.
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Tips
Surviving tax season: a small business owner's guide

Surviving tax season: a small business owner's guide

Tax season is upon us, and many small business owners are worried about how to do it right. We’re here to help you prepare to file your taxes correctly.
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Finance
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Tips
5 ways to build solid relationships with your vendors

5 ways to build solid relationships with your vendors

A good relationship with your vendor could be a godsend. Here’s how to create one without revolutionizing the way you do business.
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Tips
The ultimate dictionary for small business owners

The ultimate dictionary for small business owners

Understanding business terms is essential to run a business. Here’s a glossary to help you navigate conversations you may have with vendors and employees.
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Finance
How to pay all your vendors in one place

How to pay all your vendors in one place

Keeping track of payments is a hassle, especially if you’re paying multiple billers each month. Melio was designed to simplify this needlessly complex process.
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Product
Customer Spotlight: How Art of Collab supports Orlando artists

Customer Spotlight: How Art of Collab supports Orlando artists

The art collective focuses on marginalized groups and works to bring art to audiences that don't necessarily have access to galleries or museums.
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News
Is your small business underpaying its most valuable employee (you)?

Is your small business underpaying its most valuable employee (you)?

Many small business owners tend to overlook their own paychecks. Here's why it's best to pay yourself well, along with tips for calculating your salary.
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Tips
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Finance
SMB 101: How to create a business plan for a small business

SMB 101: How to create a business plan for a small business

A business plan helps you make informed decisions and ensure you are on track to achieving your goals. Here’s how to do it right, complete with a free template.
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Tips
How much cash should a small business have on hand?

How much cash should a small business have on hand?

In this article, we’ll help you figure out how much cash you need to set aside for your business and offer some easy ways to increase your reserves.
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Finance
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Tips
The importance of financial planning for small businesses

The importance of financial planning for small businesses

A solid financial strategy serves as a short and long-term reminder of what your business is aiming for and a guide for getting there.
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Finance
Meet the winners of our 2022 Shop Local campaign

Meet the winners of our 2022 Shop Local campaign

Art of Collab, the Historic Hampton House, and Patriot Welding Supply are examples of how small businesses can make a real impact on their communities.
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News
Everything you need to know about accounts receivable

Everything you need to know about accounts receivable

Every business owner should know accounting basics. In this post, we introduce you to the basics of accounts receivable: what they are and how to manage them.
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Finance
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Tips
You can now sync all your payments between Xero and Melio

You can now sync all your payments between Xero and Melio

Save time, make reconciliation easier, and get better visibility of your business finances by connecting your accounting and payment software to sync AP and AR.
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Product
How small businesses can identify and prevent invoice fraud

How small businesses can identify and prevent invoice fraud

Invoice fraud costs small businesses billions each year. Here are the warning signs and some ways to prevent your business from falling victim to it.
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Tips
Everything you’ve ever wanted to know about balance sheets

Everything you’ve ever wanted to know about balance sheets

Balance sheets are one of the most important financial statements. Read on to learn what they are, why they’re important, and how to assemble one.
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Finance
4 secrets to cash flow health for small businesses

4 secrets to cash flow health for small businesses

In this article, we’ll cover why cash flow is the lifeblood of any company and how to keep it positive without significant changes to the way you do business.
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Tips
How to choose the best AP software for your small business

How to choose the best AP software for your small business

An accounts payable software automates your bill pay process and saves small businesses time and money. Here’s how to choose the right tool for your business.
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Payments
10 ways to build business credibility

10 ways to build business credibility

Credibility is one of the key distinguishing factors between businesses that succeed and those that don't. Here are 10 steps you can take to build business credibility.
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Tips
6 reasons your small business needs accounting software

6 reasons your small business needs accounting software

Many small businesses use manual methods to manage their finances. But there are many ways using online accounting software can benefit the business.
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Finance
How to void a check that was lost, stolen, or damaged

How to void a check that was lost, stolen, or damaged

Occasionally you may find yourself having to cancel a check. Here’s how to do that, what information you’ll need, and how to make things much easier for you.
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Payments
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Product
How to prepare your small business for 2023

How to prepare your small business for 2023

Following these six (and a half) actionable steps will ensure that you start the new year on the right foot.
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Tips
5 things that made us proud to serve small businesses in 2022

5 things that made us proud to serve small businesses in 2022

Keeping small business in business is more than just our slogan. It’s the main focus of everything we do and this year was no exception.
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News
A small business owner’s guide to AP audits

A small business owner’s guide to AP audits

An internal accounts payable audit can be a great tool to make sure your business payments are smooth and you’re not overpaying or missing payments.
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Finance
How technology can create actionable change in senior living

How technology can create actionable change in senior living

Melio user Eric Luster of telehealth company Seniors Rising, believes technology offers tools to improve the quality of care given to older adults.
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Tips
4 ways every small business can simplify invoice processing

4 ways every small business can simplify invoice processing

Learn how to save time and avoid headaches with these tips for simplified invoice processing.
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Tips
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Finance
Benefits of automating your accounts receivable

Benefits of automating your accounts receivable

Automating your business’s accounts receivable helps you get paid on time. To avoid major issues, you need an AR system that’s effective and efficient.
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Finance
A beginner's guide to invoice approval workflow

A beginner's guide to invoice approval workflow

An invoice approval workflow consists of all the steps that you need to follow to pay out and clear an invoice. Here's all you need to know about creating it.
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Finance
Everything you need to know about wire transfers

Everything you need to know about wire transfers

A quick look at what wire transfers are, why and when you should use them, and how they differ from other forms of payment.
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Payments
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Finance
Bookkeeping 101: Is e-check the same as ACH? Yes and no!

Bookkeeping 101: Is e-check the same as ACH? Yes and no!

The ACH network is like a river where different types of bank transfers flow. Among these are ACH credit, ACH debit, and e-checks.
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Payments
Some end-of-year tax magic: deduct today, pay in 2023

Some end-of-year tax magic: deduct today, pay in 2023

How can you reap tax benefits for your end-of-year purchases and put off payments until next year? Hint: It’s not a loan and it’s already in your wallet.
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Finance
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Tips
How accounts payable and receivable software helps small businesses

How accounts payable and receivable software helps small businesses

From saving money to improving communication with customers here are six ways AP and AR tools can improve the way you do business.
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Finance
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Payments
The benefits of integrating your accounting software with Melio

The benefits of integrating your accounting software with Melio

Accounting software is a critical tool for detailed tracking and finance analysis. Integrating it with Melio can provide deeper insights into your business.
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Product
Buying local has never been more important for small businesses

Buying local has never been more important for small businesses

Now is the time for local communities to support the small businesses that make up the backbone of our economy, writes Talia Haykin of Haykin Family Cider.
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News
Cash flow vs. profit: How do they differ?

Cash flow vs. profit: How do they differ?

Cash flow is the difference between a company’s cash inflow and outflow during a given period. Here’s how cash flow differs from profit.
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Finance
Understanding accounting errors and how to prevent them

Understanding accounting errors and how to prevent them

Accurate accounting is crucial for a business’s financial health and growth. If you want to save money, you need your accounting to be meticulous.
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Tips
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Finance
The future of B2B payments lies in embedded finance

The future of B2B payments lies in embedded finance

The business-to-business payments market lags behind its B2C counterpart and is only just beginning to embrace embedded finance.
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Finance
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Payments
Bookkeeping 101: What’s invoice management?

Bookkeeping 101: What’s invoice management?

In this article, we’ll cover how businesses need to handle incoming invoices, the process’s main pains for small businesses, and how online AP tools can help.
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Finance
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Payments
The best holiday gifts: small business edition

The best holiday gifts: small business edition

Picking holiday gifts for loved ones shouldn't be a chore. Check out our holiday gift guide to find curated gift recommendations for everyone on your list!
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News