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Software · head to head

Melio vs Fiken

Melio logo

Melio

Software

Simple business payments

From
Free
Rated
-
Full reviewWebsite
Fiken logo

Fiken

Software

Norwegian accounting software for sole proprietors and small companies

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only Melio has a free tier, so it costs nothing to try first.
  • Each has a real cost: Melio go (free) plan limited to one user only; Fiken core functions beyond basic bookkeeping are unbundled add-ons billed separately, including bank connection, API access and payroll at 69-99 kr/month each on top of the 219 kr/month base plan (NOK)

Where they differ

Only the attributes on which Melio and Fiken actually diverge.

Attributes where Melio and Fiken differ
AttributeMelioFiken
Starting priceFreeOn request
Pricing modelfreemiumsubscription
Free tierYesNo
PlatformsWeb, Mobile appWeb
Founded2018Unknown

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 Melio

  • Vendor payments
  • Card to check
  • Payment scheduling
  • Approval workflows
  • QuickBooks sync
  • QuickBooks
  • Xero
  • FreshBooks

Only in Fiken

Nothing recorded that Melio does not also cover.

What people use each for

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

Melio

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

Fiken

No use cases recorded yet. See the Fiken review.

Where each one falls short

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

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)

Fiken

  • Core functions beyond basic bookkeeping are unbundled add-ons billed separately, including bank connection, API access and payroll at 69-99 kr/month each on top of the 219 kr/month base plan (NOK)
  • Tax filing is a separate annual add-on costing 1,290 kr for sole proprietors or 1,590 kr for AS companies, not included in the monthly subscription (NOK)

Pricing, plan by plan

Melio

Free

No published plan breakdown. See the Melio review.

Fiken

On request

No published plan breakdown. See the Fiken review.

Which should you pick?

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

Choose Fiken if

Nothing in the data separates Fiken from Melio on the points above - pick on price and on how each one feels to use.

Fiken review

Questions people ask

Is Melio or Fiken better?
Neither clearly leads. Melio starts at Free and Fiken at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Melio or Fiken?
Melio has a free tier; the other does not. Paid plans start at Free for Melio and On request for Fiken.
Does Melio or Fiken run on more platforms?
Melio runs on Web, Mobile app. Fiken runs on Web.
Can I use Melio for free?
Yes. Melio has a free tier, so you can try it without paying. Fiken starts at On request.
What is Melio best used for?
Melio is most often used for accounts payable automation, bill management and payment scheduling, multi-vendor payment processing, invoice receivables and payment collection. Of those, accounts payable automation and bill management and payment scheduling are not what Fiken is typically brought in for.
What can Melio do that Fiken cannot?
Melio covers Vendor payments, Card to check, Payment scheduling, Approval workflows.
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