Melio vs. DocStreamAI

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What is Melio?

Melio serves as a streamlined accounts payable solution aimed at enhancing bill payment processes, optimizing operational workflows, and boosting cash flow management for businesses of all sizes. To get started, try all of Melio's features free for 30 days! Melio’s platform enables users to make payments to vendors via online bank transfers or credit and debit cards, even when those vendors only accept checks, which not only helps in managing cash flow but also allows users to earn rewards. Melio integrates seamlessly with accounting software such as QuickBooks and Xero, ensuring that your financial records remain current. With Melio, you’ll get to streamline your day-to-day work. Either input vendor information or bill details manually, upload documents, or take a photo of the invoice for quick processing—it’s incredibly user-friendly. Payments can be scheduled in alignment with your cash flow strategy, and Melio will make those payments happen. International vendors? Our platform facilitates payments to global vendors in USD or the local currency, ensuring smooth transactions for various services and products. This comprehensive approach makes managing accounts payable more efficient and less stressful than ever before. Finally, no matter where your business takes you, Melio can follow—just be sure to download the mobile app, available on iOS and Android, to manage your business payments on the go.

What is DocStreamAI?

DocStreamAI simplifies bookkeeping by automating the collection and entry of diverse financial documents for both companies and accounting firms. It operates unobtrusively to collect invoices, receipts, and credit memos from various channels, including client email accounts, employees, and accounts payable, whether documents are uploaded or forwarded. By leveraging cutting-edge AI technology, it extracts essential financial details, categorizes documents appropriately, and allocates pertinent vendor, expense category, and job costing information for further examination. Teams can choose to manually review the records or enable automatic posting, which facilitates seamless integration of bills and expenses with accounting software such as QuickBooks Online or Xero, all while attaching the original documents. In addition, the platform features capabilities to identify duplicate documents, align vendors and categories with existing accounting entries, and support multiple client organizations for accounting firms. A specialized review queue allows users to confirm the accuracy of extracted data and manage incoming documents effectively, ensuring precision prior to or following synchronization. This comprehensive strategy not only alleviates the manual workload but also significantly decreases the likelihood of errors in bookkeeping tasks, ultimately resulting in a more efficient financial operation. As a result, businesses can focus more on growth and less on administrative burdens.

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Three-step diagram showing document capture, AI extraction, and QuickBooks expense sync.

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Integrations Supported

QuickBooks Online

Xero

Chalk

FreshBooks

Justt

Microsoft Dynamics 365 Business Central

Syngency

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Integrations Supported

QuickBooks Online

Xero

Gmail

Microsoft Outlook

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API Availability

Pricing Information

Free

Melio provides four subscription plans: Go, Core, Boost, and Unlimited.

Melio Go is free and ideal for businesses looking to enhance cash flow, streamline payments, and handle transactions however they prefer.

What’s included in Melio Go:
5 free ACH transfers per month
10 free syncs with QuickBooks Online & Xero
Pay by card or bank—vendor receives check, ACH, or wire transfers
Easy bill management: Upload, scan, or import bills
Dedicated email for automatic bill capture
Global payments in USD or local currencies
Recurring and partial payments
Instant payments
Free mobile app (iOS & Android)
Accept payments via custom links

Melio Core is a more feature-rich version of Melio Go, recommended for businesses that need greater control and efficiency with automated workflows and 2-way sync.

Start your 30 day free trial to test Melio before you choose your plan.
Melio Core includes everything in Melio Go, plus:
20 free ACH transfers per month
Unlimited 2-way auto-sync with QuickBooks Online & Xero
Batch-pay multiple bills at once
Combine payments into a single transaction
User roles, permissions, and management
Automated approval workflows
W-9 collection & 1099 e-filing
Automatic capture of bill line items

Melio Boost provides access to priority support, faster payment options, and advanced controls.

Start your 30 day free trial to test Melio before you choose your plan.
Melio Boost includes everything in Melio Core, plus:
50 free ACH transfers per month
2-day delivery for all ACH transfers
Advanced custom multi-user workflows
2-way auto-sync with QuickBooks Desktop
Advanced bill attributes (classes & locations)
Premium customer support

Melio Unlimited gives your business room to grow with unlimited ACH payments and user seats for one monthly or annual fee.

Start your 30 day free trial to test Melio before you choose your plan.
Melio Unlimited includes everything in Melio Boost, plus:
Unlimited free ACH transfers per month
Unlimited user seats
Dedicated account manager
White-glove onboarding

Free Version

Free Trial Offered?

Pricing Information

Starter is $19.99/month for 150 pages. Growth is $39.99/month for 375 pages, Pro is $79.99/month for 750 pages, and Business is $159.99/month for 1,500 pages. Additional pages cost $0.10 each. A 14-day free trial is available, and annual billing saves 20%.

Free Trial Offered?