If you’re an entrepreneur or freelancer then you understand how discouraging managing costs can be.How Long Does A Melio Payment Take To Process… however a lot more discouraging than that is the absence of flexibility in the ways that you can pay emilio changes the game by enabling small business owners to pay business costs with a credit card even if that vendor does not accept them indicating you get to hang onto And make rewards for your business expenses milio also makes collecting payments civilized and very easy 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 free costs management option created to provide
services flexible methods to pay and keep track of business costs all in one simple to use dashboard by the time you leave this video you’ll understand with confidence whether emilio is right for your service as we’re first going to talk about what it is how it works by delving into the site and taking a first-hand take a look at the functions there then we’ll discuss who emilio is best suited for and finally we will talk about several frequently asked questions that you should hear prior to signing up yourself so ensure to stick around through the entire video if you’re interested in registering for emilio at any point throughout the video make sure to have a look at the
description and remark area below as you’ll find a link to register there emilio’s complete web platform is packed with features from the capability to schedule bill payments track a payment every step of the way to two-way data sync with quickbooks combination eliminating the requirement for double information entry there are two options for paying organization costs using emilio the very first is through bank transfer and the second is by means of charge card now the best part is is that there’s no month-to-month or setup costs and there is no cost for making payments through bank transfer so you can use melio for completely free in fact there are only three manner ins which you might potentially pay a fee the very first is a 2.9 tax deductible fee for payment via charge card the second is when you speed up a check payment and the 3rd is for a global payment each for a 20 cost now among melio’s primary selling points is the capability to pay vendors through credit card even when they do not accept them this includes a number of benefits from optimizing your company’s capital to extending float approximately 45 days or your next billing cycle and to top it off earn credit card rewards on all of your overhead in addition melio supplies total construct journey information so if you send out
a payment demand to a client you can see when the receiver really opens that demand the payment method they select when they’ve initiated the payment and payment completion status you can track any billing up until you earn money the very best part is melio does not need your supplier or service client to be a user of the service so you can still make and get payments your way leaping over to emiliopayments.com after registering you’ll arrive at the pay tab this is where you’ll go to create add track the status or modify of a bill it’s actually simple to include a bill let’s proceed and click add your very first costs payment and you’ll see that there are 3 choices for including an expense the first one is entering information by hand second is you can submit an existing expense file in this case emilio will scan that file for required details and the third one is to connect your quickbooks account to melio in this case all of your existing expenses within quickbooks will automatically sync into your melio control panel with no additional effort and when you do pay off those bills that will immediately sync back to quickbooks so you do not have to fret about dual data entry next let’s briefly discuss the earn money tab this is where you’ll go to manage everything related to payments including unsend payments sent out in progress and finished payments so let’s proceed and click start getting paid and emilio will trigger you to produce a tailored payment
button which can be used by all of your customers to pay online directly to you this is a really cool function since you can implement this in your email signatures or on your website another great function about emilio is that your company clients can make payments to you by means of charge card when you’ve included your checking account and set up your personalized payment button you can pass that 2.9 credit card cost onto them or if you ‘d like to supply greater flexibility for them you can choose to take in that 2.9 fee you can then include a billing by linking your accounting software application you can publish one or add one manually or finally you can share your meliopay button so your clients can include billing details themselves after developing or adding a billing you can view particular analytics