Melio announced a new integration with cloud-based accounting software platform Xero. Through this integration, Melio's small business customers will have the ability to automatically sync their accounts payable and receivable data with Xero – saving time on paying bills, making reconciliation easier, and providing better visibility into upcoming payments. There are 33.2 million small businesses in the United States, equivalent to 99.9% of all businesses in the nation.

This integration will help these businesses spend less time on bookkeeping and more time growing their operations. Small businesses' bills, payments, and invoice information will be automatically synced between the two platforms, saving time inputting information into separate accounts and removing the guesswork associated with matching payments with open invoices. This marks Melio's fourth synchronization with a top accounting software company to date, building upon the company's record of partnering and integrating with financial institutions, software providers, and marketplaces.