Melio Collaborates With Amazon Business to Improve Payments for Small Businesses
September 10 2024 - 8:00AM
Business Wire
Melio, a leading B2B payments platform for small businesses,
today announced an integration with the Amazon Business
Reconciliation API to synchronize Amazon Business invoices in a
single payment processing system, helping to save business owners
valuable time.
New York-based Melio is a payments platform reinventing how
businesses pay each other to optimize cash flow and minimize admin
work. Melio offers businesses more payment choices so that they
have the flexibility to pay and get paid how they want.
Small business owners often spend more time on admin tasks than
on driving the growth of their business. Hence, automating these
tasks should become a priority to increase productivity and
efficiency. This is especially relevant in the accounts payable
space where any delayed invoice payment can negatively affect
relationships with suppliers and contractors.
One-stop invoice payments solution to streamline operations
for SMBs
To solve this, Melio is collaborating with Amazon Business to
offer small businesses a one-stop invoice payments solution. The
integration enables Amazon Business Pay By Invoice customers in the
United States to pay all their Amazon Business invoices and any
other bills with a few clicks through Melio.
“I like that I can pull all of my invoices into one payment and
pay them all at once,” says Melio user Chris Love of Love Rental
Properties Indiana. “Now, I can save time by making one batch
payment, rather than paying invoice to invoice.”
Amazon Business customers will still be able to visit their
Amazon Business account and pay invoices. Amazon Business’s Pay by
Invoice product allows eligible businesses to make invoice payments
with extended payment terms and gives access to on-demand digital
invoices.
Automated import of invoices through Reconciliation
API
As part of the collaboration, Amazon Business and Melio launched
an integration via the Amazon Payment Reconciliation Application
Programming Interface (API). After a quick synchronization, new and
existing Melio users and those directed from the Amazon Business
App Center will be able to automatically import invoices from
Amazon Business into Melio. Customers will then be able to pay
their invoices using their preferred payment method, thanks to
Melio’s flexible options.
“We are honored to collaborate with Amazon Business to improve
the accounts payable process for small and medium-sized
businesses,” said Matan Bar, co-founder and CEO of Melio. “The
integration with Amazon Business will enable small business owners
to devote more time to running their business and less time paying
their suppliers and contractors.”
Click here to learn more about the Amazon Business and Melio
integration:
https://meliopayments.com/integrations/amazon-business
About Melio:
Melio is a leading B2B payments technology company that enables
small and medium-sized businesses to quickly and seamlessly
transfer and receive payments, helping them improve cash flow and
workflow. Melio offers accounts payable and receivable as a service
through integrations with the platforms of financial institutions,
software providers, and marketplaces, transforming how money is
transferred between businesses. Melio has headquarters in New York
and an R&D center in Tel Aviv. For more information, visit
meliopayments.com.
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Propel Strategic Communications DeeDee Rudenstein, 267-521-9654
drudenstein@propelsc.com