Getting paid and making payments shouldn’t feel like a never-ending game of tag. Accounts payable (AP) and accounts receivable (AR) are the heartbeat of every business, and with the right tools—like Melio—they can be seamless, stress-free, and even a little exciting! No more late payments, lost invoices, or cash flow surprises—just smooth, efficient financial management that works for you. From automation hacks to smarter payment solutions with Melio, we’re here to show you how to keep cash flowing without the headaches. So, grab your favorite drink and join the fun at Appy Hour as we break it all down.
Special Guest: Steven Xu from Melio
We were thrilled to have Steven Xu, Account Executive at Melio, join us to share the latest updates on how Melio is making payments easier for businesses. He walked us through new features and enhancements designed to streamline processes and improve efficiency.
What’s New with Melio?
If you’ve been using Melio for a while, get ready to be wowed by some of the latest enhancements! Here are some key takeaways from the episode:
- W9 Collection & 1099 Filing: No more chasing vendors for forms in January! Melio now integrates with Tax1099 for seamless e-filing. (And yes, Steven is taking notes on adding Track1099!)
- Two-Day ACH Payments: A game-changer for cash flow, especially when payroll deadlines sneak up!
- Syncing Classes & Locations: Melio now syncs effortlessly with QuickBooks Online and Xero, keeping your financial data aligned.
- Advanced Approval Workflows: Customize multi-level approval triggers based on vendor, amount, or specific user.
- Live Human Support: Need help? It offers a callback feature so you can speak with a real person. (Hallelujah!)
- New Vendor Management Tools: Now offering enhanced vendor tracking, payment customization, and more options for streamlined communication between businesses and their suppliers.
- Global Payment Capabilities: Businesses can now send and receive payments internationally with more flexibility, making cross-border transactions easier than ever.
Internal App Spotlight: AI-Powered Accounting Integrations
Liz and Heather geeked out over AI-powered accounting solutions, showing how firms can leverage AI to optimize bookkeeping, automate routine tasks, and provide better client insights. (If you haven’t explored AI in accounting yet, now’s the time!) They also shared tips on how AI tools can reduce manual errors and improve efficiency within accounting firms. Plus, they highlighted some of their favorite AI-driven apps that are making a big impact in the industry.
Sip, Learn, & Register for More!
Melio is making waves in the accounting world, offering seamless payment solutions designed to save time and improve cash flow. Whether you’re an accountant or small business owner, Melio simplifies your financial processes so you can focus on what matters most.
Of course, what’s an Appy Hour without a delicious cocktail and some amazing insights about Melio? This episode featured a gin-based Jasmelio, perfectly paired with a discussion on how Melio is transforming business payments, and Liz confessed she’s now a gin fan, thanks to Appy Hour! Find the full recipe here. Want to see how it all went down? Watch the full episode and catch every exciting moment!
Don’t miss out on the next Appy Hour! Register now to join the fun, learn about the best accounting tech, and sip on something fabulous. Cheers! ??