FreshBooks vs Melio
A detailed comparison of FreshBooks and Melio in 2026. Compare pricing plans, features, and find out which finance service is right for you.
FreshBooks
Invoicing and accounting for freelancers
FreshBooks is a financial and accounting service that provides invoicing and accounting for freelancers. Founded in 2003 and headquartered in Toronto, Canada, FreshBooks offers 3 pricing plans. Plans start from $19/month. Key features include Invoicing, Time tracking, Expense tracking, Online payments. FreshBooks is a popular choice for users looking for quality finance subscriptions.
Melio
Business payments platform for paying vendors and managing accounts payable
Melio is a financial and accounting service that provides business payments platform for paying vendors and managing accounts payable. Founded in 2018 and headquartered in New York, New York, Melio offers 2 pricing plans. It offers a free tier as well as paid plans starting from $19.99/month. Key features include Vendor payments, ACH transfers, Check payments, Sync with accounting. Melio is a popular choice for users looking for quality finance subscriptions.
Feature Comparison
Side-by-side comparison of features and capabilities
| Feature | FreshBooks | Melio |
|---|---|---|
| Starting Price | $19/mo | Free |
| Plans Available | 3 | 2 |
| Year Founded | 2003 | 2018 |
| Headquarters | Toronto, Canada | New York, New York |
| Invoicing | ||
| Time tracking | ||
| Expense tracking | ||
| Online payments | ||
| Project management | ||
| Estimates | ||
| Vendor payments | ||
| ACH transfers | ||
| Check payments | ||
| Sync with accounting | ||
| Approval workflows |
Pricing Comparison
Compare all available plans and pricing tiers
FreshBooks Pricing
Melio Pricing
Frequently Asked Questions
Is FreshBooks or Melio better in 2026?
Both FreshBooks and Melio are excellent finance services. FreshBooks offers Invoicing and Time tracking, while Melio features Vendor payments and ACH transfers. The best choice depends on your specific needs and budget.
How much does FreshBooks cost compared to Melio?
FreshBooks starts at $19/month, while Melio starts at $19.99/month. Both offer multiple pricing tiers to fit different budgets.
Can I track both FreshBooks and Melio subscriptions?
Yes! TrackMySubscriptions lets you track all your subscriptions in one place, including FreshBooks and Melio. Get renewal alerts, spending analytics, and never miss a payment — 100% free.
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Track Both Services in One Dashboard
Whether you choose FreshBooks, Melio, or both — track all your subscriptions in one place with smart alerts and analytics.