If you’re a company owner or freelancer then you understand how discouraging managing expenses can be.How Does Melio Payment Processing Work… but a lot more aggravating than that is the lack of flexibility in the manner ins which you can pay emilio modifications the video game by enabling small business owners to pay company costs with a charge card even if that vendor doesn’t accept them meaning you get to hang onto And earn benefits for your overhead milio likewise makes gathering payments civilized and very simple taking all of the awkwardness out of the procedure so you make money on time always hey my name is ryan and in this video we’re reviewing melio a free expense management solution created to offer
companies flexible ways to keep and pay track of organization bills all in one simple to utilize control panel by the time you leave this video you’ll know with confidence whether emilio is right for your organization as we’re first going to talk about what it is how it works by jumping into the site and taking a first-hand look at the features there then we’ll discuss who emilio is finest matched for and lastly we will discuss several frequently asked questions that you should hear before registering yourself so make certain to remain through the whole video if you have an interest in signing up for emilio at any point during the video make sure to take a look at the
description and remark area below as you’ll find a link to sign up there emilio’s all-encompassing web platform is filled with features from the capability to schedule expense payments track a payment every action of the way to two-way information sync with quickbooks integration getting rid of the requirement for double information entry there are 2 options for paying organization expenses using emilio the first is through bank transfer and the second is through charge card now the very best part is is that there’s no monthly or setup charges and there is no cost for making payments through bank transfer so you can utilize melio for totally free in fact there are just three ways that you might potentially pay a charge the very first is a 2.9 tax deductible charge for payment via credit card the 2nd is when you accelerate a check payment and the 3rd is for a worldwide payment each for a 20 cost now one of melio’s main selling points is the ability to pay vendors via credit card even when they do not accept them this features a number of gain from maximizing your company’s cash flow to extending float as much as 45 days or your next billing cycle and to top it off make credit card benefits on all of your overhead in addition melio provides total develop journey information so if you send
a payment demand to a customer you can see when the receiver really opens that request the payment approach they pick when they’ve initiated the payment and payment conclusion status you can track any billing up until you earn money the best part is melio doesn’t need your supplier or organization customer to be a user of the service so you can still make and get 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 produce include modify or track the status of a costs it’s truly easy to add a bill let’s go on and click add your very first costs payment and you’ll see that there are three choices for including an expense the very first one is entering info manually second is you can submit a current costs file in this case emilio will scan that document for needed info and the 3rd one is to connect your quickbooks account to melio in this case all of your existing bills within quickbooks will instantly sync into your melio control panel without any additional effort and when you do settle those costs that will instantly sync back to quickbooks so you do not have to worry about double data entry next let’s briefly discuss the get paid tab this is where you’ll go to handle everything related to payments including unsend payments sent in progress and finished payments so let’s go ahead and click start making money and emilio will trigger you to create a customized payment
button which can be used by all of your clients to pay online directly to you this is an actually cool feature because you can execute this in your e-mail signatures or on your website another great function about emilio is that your organization customers can pay to you by means of credit card once you’ve included your savings account and set up your tailored payment button you can pass that 2.9 credit card cost onto them or if you wish to offer higher flexibility for them you can pick to soak up that 2.9 fee you can then include a billing by connecting your accounting software you can submit one or include one by hand or finally you can share your meliopay button so your consumers can add invoice information themselves after producing or including an invoice you can view specific analytics