The best Melio alternative
Switch to a full-stack AP & AR solution to manage your entire cash flow in one place. Save on fees and get dedicated support.
Banking services provided by Patriot Bank, N.A., Member FDIC. Account opening is subject to registration and ID verification.1
Save money on fees
Upgrade to a modern AP & AR solution and save money on transaction fees.
An extended AR solution
Get a full stack AR solution, to manage everything from invoicing, reminders and collection.
Tailored custom support
Get dedicated support from Tola to help you get started and along the way.
How we compare to Melio
| Tola | Melio | |
|---|---|---|
| Price per standard ACH transaction | TolaFree | MelioFrom $0.5 / transaction |
| No seat-specific pricing | Tola | Melio |
| Dedicated support | Tola | Melio |
| Payment automation workflows | Tola | Melio |
| Create professional invoices with line items | Tola | Melio |
| AP & AR AI assistant | Tola | Melio |
| Turn contracts to invoices | Tola | Melio |
| Cash flow insights | Tola | Melio |
| Automatic bill data capture | Tola | Melio |
| Two-way sync with QuickBook & Xero | Tola | Melio |
| Custom roles and approval policies | Tola | Melio |
| Batch payments | Tola | Melio |
| Pay by ACH or card | Tola | Melio |
| Simple user friendly interface | Tola | Melio |
| Automated payment reminders | Tola | Melio |
Price per standard ACH transaction
TolaFree
MelioFrom $0.5 / transaction
No seat-specific pricing
Tola
Melio
Dedicated support
Tola
Melio
Payment automation workflows
Tola
Melio
Create professional invoices with line items
Tola
Melio
AP & AR AI assistant
Tola
Melio
Turn contracts to invoices
Tola
Melio
Cash flow insights
Tola
Melio
Automatic bill data capture
Tola
Melio
Two-way sync with QuickBook & Xero
Tola
Melio
Custom roles and approval policies
Tola
Melio
Batch payments
Tola
Melio
Pay by ACH or card
Tola
Melio
Simple user friendly interface
Tola
Melio
Automated payment reminders
Tola
Melio
Get started with Tola
Book in a call with our team, who will walk you through the Tola product and how it can benefit you and your clients.
Loved by leading companies
“Tola team has been incredibly fast and responsive with new requests and a pleasure to work with.”
Katelyn MagnusonCo-founder of FreelanceCFO
Accountants
“Tola saves us the time and hassle of dealing with paper checks. Now we can pay any supplier online with just a few clicks!”
Marc ZeraCo-Owner of Off Track Ice Cream
Hospitality
“Before Tola, we used checks for everything. We’ve definitely modernized how we deal with payments thanks to Tola.”
Lance ParthemoreDirector of Operations of Triton Sensors
Wholesale
"Tola enables SMBs to pay the way they want, while also getting vendors the freedom."
Featured in Axios
October 31, 2024
FAQ
Get started with Tola
Book in a call with our team, who will walk you through the Tola product and how it can benefit you and your clients.
Product
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- Tola is not a bank. Banking services are provided by Patriot Bank, N.A, Member FDIC. Deposits are FDIC-insured through Patriot Bank, N.A., Member FDIC. Account opening is subject to registration and ID verification.
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- IMPORTANT INFORMATION FOR OPENING A NEW ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens an Account. WHAT THIS MEANS FOR YOU: When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver's license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.