Case Study: Silver Sound speeds payments and saves on fees with Melio Payments

Silver Sound saves 3 hours a week and 5 days per payment with Melio Payments

Silver Sound, an Emmy award-winning sound studio based in New York City, lacked an accounting department and the means to use complex electronic payments technology. Their challenge was to find a simpler way to pay their many independent contractors and to receive payments from clients without incurring significant credit card processing fees. They turned to the vendor Melio Payments for a solution.

By implementing Melio, Silver Sound was able to pay contractors digitally, eliminating the delays and issues associated with mailed checks. The Melio solution also allowed them to pass credit card processing fees to clients, whereas the studio previously had to absorb those costs. The measurable impact for Silver Sound includes saving three hours per week on making payments, receiving funds five days faster per transaction, and saving approximately $17,500 annually in fees.

Silver Sound