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Software · head to head

Fyle vs Melio

Fyle logo

Fyle

Software

Real-time expense management that works with your cards

From
$29/month
Rated
-
Full reviewWebsite
Melio logo

Melio

Software

Simple business payments

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Melio has a free tier, so it costs nothing to try first.
  • Each has a real cost: Fyle billed per active user, defined as anyone who creates an expense or has a connected card with transactions in the month, so headcount does not predict the bill; Melio go (free) plan limited to one user only
  • They diverge on capability: Fyle covers Real-time card tracking, Melio covers Vendor payments.

Where they differ

Only the attributes on which Fyle and Melio actually diverge.

Attributes where Fyle and Melio differ
AttributeFyleMelio
Starting price$29/monthFree
Pricing modelsubscriptionfreemium
Free tierNoYes
PlatformsWeb, Ios, AndroidWeb, Mobile app
Founded20162018

Identical on both: user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Fyle

  • Real-time card tracking
  • Automatic receipt matching
  • Expense policies
  • Mileage tracking
  • Sage Intacct
  • NetSuite
  • Slack
  • SOC 2 Type II

Only in Melio

  • Vendor payments
  • Card to check
  • Payment scheduling
  • QuickBooks sync
  • FreshBooks
  • SOC 2
  • Bank-level encryption

Both cover

  • Approval workflows
  • QuickBooks
  • Xero
  • Web support
  • Ios support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Fyle

  • Expense reporting and corporate card reconciliationnot Melio
  • Enforcing spend policy and approvals before reimbursementnot Melio

Melio

  • Accounts payable automationnot Fyle
  • Bill management and payment schedulingnot Fyle
  • Multi-vendor payment processingnot Fyle
  • Invoice receivables and payment collectionnot Fyle

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Fyle

  • Billed per active user, defined as anyone who creates an expense or has a connected card with transactions in the month, so headcount does not predict the bill
  • The Growth plan carries a 5 user minimum and the Business plan a 10 user minimum, so the entry cost is set by the floor rather than the team
  • API access and the Sage Intacct and NetSuite integrations require a paid tier
  • ACH reimbursements and project expense tracking sit above the entry plan
  • Both published plans are billed annually
  • Enterprise pricing is custom and aimed at organisations with 250 or more employees

Melio

  • Go (free) plan limited to one user only
  • ACH charges £0.50 per transaction beyond monthly allowance (5-50 free depending on plan)
  • Card payment fees range from 2.9% to 2.9% plus £75 maximum
  • International payments limited to select currencies only
  • NetSuite integration only available in Unlimited plan (£80/month minimum)

Pricing, plan by plan

Fyle

$29/month
  • Standard$8/month
    • Real-time card feeds
    • Receipt matching
    • Basic approvals
  • Business$12/month
    • Advanced policies
    • Custom workflows
    • Analytics
  • Enterprise$undefined/month
    • Unlimited users
    • API access
    • Priority support

Melio

Free

No published plan breakdown. See the Melio review.

Which should you pick?

Choose Fyle if

  • You need real-time card tracking.
  • You work on Web, Ios, Android.
  • You also want automatic receipt matching.
Fyle review

Choose Melio if

  • You need vendor payments.
  • You want to start without paying.
  • You work on Web, Mobile app.
  • You also want card to check.
Melio review

Questions people ask

Is Fyle or Melio better?
Neither clearly leads. Fyle starts at $29/month and Melio at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Fyle or Melio?
Melio has a free tier; the other does not. Paid plans start at $29/month for Fyle and Free for Melio.
Does Fyle or Melio run on more platforms?
Fyle runs on Web, Ios, Android. Melio runs on Web, Mobile app.
Can I use Melio for free?
Yes. Melio has a free tier, so you can try it without paying. Fyle starts at $29/month.
What is Fyle best used for?
Fyle is most often used for expense reporting and corporate card reconciliation, enforcing spend policy and approvals before reimbursement. Of those, expense reporting and corporate card reconciliation and enforcing spend policy and approvals before reimbursement are not what Melio is typically brought in for.
What can Fyle do that Melio cannot?
Fyle covers Real-time card tracking, Automatic receipt matching, Expense policies, Mileage tracking. Melio covers Vendor payments, Card to check, Payment scheduling, QuickBooks sync. Both handle Approval workflows, QuickBooks, Xero, Web support.
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