If you’re a company owner or freelancer then you understand how aggravating handling expenses can be.Dream Payments Vs Melio… however much more frustrating than that is the absence of versatility in the ways that you can pay emilio changes the game by allowing small company owners to pay business expenses with a credit card even if that supplier does not accept them suggesting you get to hang onto And make benefits for your business expenses milio likewise makes gathering payments exceptionally simple and civilized taking all of the awkwardness out of the process so you get paid on time constantly hey my name is ryan and in this video we’re reviewing melio a complimentary expense management option developed to offer
organizations flexible ways to pay and keep track of service costs all in one easy to use dashboard by the time you leave this video you’ll understand with confidence whether emilio is right for your company as we’re first going to speak about what it is how it works by jumping into the website and taking a first-hand look at the features there then we’ll discuss who emilio is finest suited for and lastly we will discuss a number of frequently asked questions that you must hear prior to signing up yourself so ensure to remain through the entire video if you have an interest in signing up for emilio at any point during the video make sure to have a look at the
description and comment area listed below as you’ll discover a link to sign up there emilio’s all-inclusive web platform is packed with functions from the ability to schedule bill payments track a payment every step of the method to two-way data sync with quickbooks integration removing the need for double data entry there are 2 choices for paying company costs using emilio the first is through bank transfer and the 2nd is via charge card now the best part is is that there’s no regular monthly or setup charges and there is no charge for making payments through bank transfer so you can utilize melio for entirely complimentary in fact there are just 3 manner ins which you might perhaps pay a cost the first is a 2.9 tax deductible charge for payment by means of credit card the second is when you expedite a check payment and the third is for an international payment each for a 20 cost now among melio’s primary selling points is the ability to pay suppliers by means of charge card even when they do not accept them this comes with a number of benefits from maximizing your business’s cash flow to extending float as much as 45 days or your next billing cycle and to top it off make charge card benefits on all of your overhead furthermore melio provides complete build journey details so if you send out
a payment request to a customer you can see when the receiver in fact opens that demand the payment technique they select when they’ve started the payment and payment completion status you can track any billing until you make money the best part is melio does not require your vendor or business customer to be a user of the service so you can still make and receive payments your method jumping over to emiliopayments.com after signing up you’ll arrive on the pay tab this is where you’ll go to create add edit or track the status of an expense it’s actually simple to include an expense let’s go on and click add your first costs payment and you’ll see that there are three options for including a costs the very first one is getting in details manually second is you can upload an existing bill file in this case emilio will scan that file for required details and the 3rd one is to connect your quickbooks account to melio in this case all of your existing bills within quickbooks will automatically sync into your melio control panel without any additional effort and when you do settle those bills that will automatically sync back to quickbooks so you do not need to worry about double information entry next let’s briefly go over the earn money tab this is where you’ll go to handle whatever related to payments including unsend payments sent in progress and completed payments so let’s go on and click start making money and emilio will trigger you to develop a customized payment
button which can be used by all of your customers to pay online straight to you this is an actually cool function since you can implement this in your email signatures or on your website another great feature about emilio is that your business clients can pay to you through credit card as soon as you have actually added your bank account and established your personalized payment button you can pass that 2.9 charge card cost onto them or if you wish to provide greater versatility for them you can choose to absorb that 2.9 fee you can then add an invoice by linking your accounting software application you can upload one or include one by hand or lastly you can share your meliopay button so your customers can include invoice information themselves after developing or including a billing you can view specific analytics