If you’re a company owner or freelancer then you understand how frustrating managing costs can be.Melio Approval Process… however much more frustrating than that is the absence of flexibility in the manner ins which you can pay emilio changes the game by permitting small company owners to pay service expenses with a charge card even if that vendor does not accept them meaning you get to hang onto And earn benefits for your overhead milio also makes gathering payments incredibly simple and civilized taking all of the awkwardness out of the procedure so you earn money on time constantly hey my name is ryan and in this video we’re examining melio a free costs management service created to provide
services flexible ways to pay and keep track of service expenses all in one basic to use control panel by the time you leave this video you’ll understand with confidence whether emilio is right for your business as we’re first going to discuss what it is how it works by delving into the site and taking a first-hand look at the features there then we’ll discuss who emilio is best suited for and lastly we will talk about several frequently asked questions that you should hear prior to signing up yourself so ensure to stay through the entire video if you’re interested in signing up for emilio at any point throughout the video make sure to take a look at the
description and comment area listed below as you’ll find a link to sign up there emilio’s complete web platform is packed with features from the capability to schedule bill payments track a payment every step of the method to two-way data sync with quickbooks integration getting rid of the need for dual information entry there are two options for paying organization expenses 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 fees and there is no fee for making payments by means of bank transfer so you can use melio for entirely free in fact there are only three manner ins which you could potentially pay a charge the very first is a 2.9 tax deductible charge for payment via credit card the 2nd is when you expedite a check payment and the 3rd is for an international payment each for a 20 charge now among melio’s main selling points is the ability to pay suppliers by means of credit card even when they don’t accept them this includes a variety of benefits from optimizing your organization’s capital to extending float approximately 45 days or your next billing cycle and to top it off make charge card benefits on all of your overhead in addition melio supplies total develop journey details so if you send
a payment demand to a client you can see when the receiver really opens that demand the payment technique they select when they’ve initiated the payment and payment completion status you can track any billing up until you earn money the best part is melio does not require your vendor or organization client 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 land on the pay tab this is where you’ll go to develop add modify or track the status of a bill it’s really easy to include a bill let’s go on and click add your very first expense payment and you’ll see that there are three choices for including an expense the first one is going into information by hand 2nd is you can publish a current bill file in this case emilio will scan that file for needed details and the 3rd one is to connect your quickbooks account to melio in this case all of your existing costs inside of quickbooks will immediately sync into your melio dashboard with no additional effort and when you do settle those expenses that will automatically sync back to quickbooks so you do not have to fret about double information entry next let’s briefly go over the get paid tab this is where you’ll go to handle everything related to payments consisting of unsend payments sent out in progress and completed payments so let’s go ahead and click start earning 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 implement this in your email signatures or on your site another great feature about emilio is that your business customers can make payments to you via credit card as soon as you have actually added your bank account and established your tailored payment button you can pass that 2.9 credit card charge onto them or if you ‘d like to offer greater versatility for them you can select to take in that 2.9 charge you can then add an invoice by linking your accounting software you can submit one or include one manually or lastly you can share your meliopay button so your consumers can include invoice information themselves after producing or adding an invoice you can view specific analytics