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Software · head to head

Melio vs MYOB

Melio logo

Melio

Software

Simple business payments

From
Free
Rated
-
Full reviewWebsite
MYOB logo

MYOB

Software

Australian accounting and business management software for small and mid-sized businesses

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; MYOB every published price is promotional and reverts to a higher regular rate after an introductory period, for example Business Pro rises from AUD 21/month to AUD 70/month after 6 months

Where they differ

Only the attributes on which Melio and MYOB actually diverge.

Attributes where Melio and MYOB differ
AttributeMelioMYOB
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 MYOB

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 MYOB
  • Bill management and payment schedulingnot MYOB
  • Multi-vendor payment processingnot MYOB
  • Invoice receivables and payment collectionnot MYOB

MYOB

No use cases recorded yet. See the MYOB 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)

MYOB

  • Every published price is promotional and reverts to a higher regular rate after an introductory period, for example Business Pro rises from AUD 21/month to AUD 70/month after 6 months
  • Adding payroll employees beyond the included allowance costs an extra AUD 3/month per additional employee on top of the plan price

Pricing, plan by plan

Melio

Free

No published plan breakdown. See the Melio review.

MYOB

On request

No published plan breakdown. See the MYOB 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 MYOB if

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

MYOB review

Questions people ask

Is Melio or MYOB better?
Neither clearly leads. Melio starts at Free and MYOB at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Melio or MYOB?
Melio has a free tier; the other does not. Paid plans start at Free for Melio and On request for MYOB.
Does Melio or MYOB run on more platforms?
Melio runs on Web, Mobile app. MYOB runs on Web.
Can I use Melio for free?
Yes. Melio has a free tier, so you can try it without paying. MYOB 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 MYOB is typically brought in for.
What can Melio do that MYOB cannot?
Melio covers Vendor payments, Card to check, Payment scheduling, Approval workflows.
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