Plooto Overview

What is Plooto?

Plooto is an AP and AR workflow automation solution that saves countless hours on AP and AR processes. Trusted by thousands of accountants, bookkeepers and firms, Plooto is ideal for accountants and bookkeepers looking to scale their practice and grow their AR and AP services.

Plooto provides a robust two way sync with QuickBooks and Xero, automating the end to end AP and AR processes - from syncing invoices and payments to reconciling payment records, while keeping a full audit trail.

Additionally, features like customizable approval workflows, recurring payments and pre-authorized debit (PAD) agreements save you even more time and effort.

Plooto Overview

Pricing

Starting from
$25.00/month

Pricing options

Free Trial
Subscription
Value for money

$25/month with 10 free domestic transactions
$0.5 per domestic transaction (after the first 10 free transactions)
$9.99 per international transactions
$1.99 per check payment (in US)

No setup fees. No integration fees. No hidden fees.


Plooto Features

Devices
Business size
S M L
Markets
United States, Canada
Supported Languages
English

Media

Plooto Client Dashboard | Have full visibility of your clients and see all pending action items at a glance.
Plooto Accounts Payable Dashboard | View all of your client's pending and completed payables
Plooto Integration | With Plooto's two-way sync with QuickBooks and Xero, automate accounting payable processes
Plooto Manual Payment | Have the ability to make manual payments without having to sync to an accounting software
Plooto Accounts Receivable Dashboard | View all of your client's pending and completed receivables
Plooto Request Payment | Manually request payments and enjoy features like recurring payment and PAD
Plooto Integration | With Plooto's two-way sync with QuickBooks and Xero, automate accounting receivable processes
Plooto screenshot: Plooto Client Dashboard | Have full visibility of your clients and see all pending action items at a glance. Plooto screenshot: Plooto Accounts Payable Dashboard | View all of your client's pending and completed payables Plooto screenshot: Plooto Integration | With Plooto's two-way sync with QuickBooks and Xero, automate accounting payable processes Plooto screenshot: Plooto Manual Payment | Have the ability to make manual payments without having to sync to an accounting software Plooto screenshot: Plooto Accounts Receivable Dashboard | View all of your client's pending and completed receivables Plooto screenshot: Plooto Request Payment | Manually request payments and enjoy features like recurring payment and PAD Plooto screenshot: Plooto Integration | With Plooto's two-way sync with QuickBooks and Xero, automate accounting receivable processes

Plooto Reviews

Plooto Reviews

Overall rating
4
/
5
Excellent
15

Very good
12

Average
4

Poor
0

Terrible
4

Value for Money
4.3
Features
3.9
Ease of Use
4.1
Customer Support
3.6
77% recommended this app
Aislinn K.

Entreflow Consulting Group's use of Plooto

Plooto has certainly helped us from a workflow perspective, it's pulling your payables from your Quickbooks or Xero account into Plooto so you can see all the payables that you need to deal with and when they're due. And there's a whole bunch of approval processes you can put in place for internal controls perspective so make things a lot more bulletproof than just manually writing checks and doing e-transfers.


Luke D.

I saved hours of work and thousands of dollars using plooto

Overall I'm very happy with Plooto, will continue to use it and encourage other business to use it.


Sarah C.

It is OK overall

The payment time needs to be improved. But overall this is an easy to use product


Ariel P.

Pricing model needs to go back to what it was


Matthew C.

Plooto Review

While not perfect, Plooto has been great for us to help clients manage their A/P at scale at fees that are lower than the banks charge.


Aislinn K.
Industry: Management Consulting
Company size: 11-50 Employees

Entreflow Consulting Group's use of Plooto

Used Weekly for 1+ year
Reviewed on 4/19/2019
Review Source: Capterra

Plooto has certainly helped us from a workflow perspective, it's pulling your payables from your Quickbooks or Xero account into Plooto so you can see all the payables that you need to deal with and when they're due. And there's a whole bunch of approval processes you can put in place for internal controls perspective so make things a lot more bulletproof than just manually writing checks and doing e-transfers.

Pros

So you can currently do pre-authorized debit, pre-authorized credit receivables in U.S. dollars and Canadian dollars which is super kick-ass. It's also made some of our clients lives a lot easier if they've got clients in different countries, and it gives their clients flexibility to pay in debit or credit. Also, as far as the amount of time it takes for that cash to clear your bank account; it's faster than Stripe, and on top of that the integration with Quickbooks makes it a lot easier to manage the fees, unlike Stripe.

Cons

We'd love to see more international payments to more countries just for some of our clients that have people they're paying in lots of different places around the world. As well, with the international payments, if a client has a lot of companies that they're paying in the U.S. for instance if you get really costly really quickly. So I'd like to see some bulk discounts for high volume payments to the U.S.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 7.0/10

Luke D.
Industry: Health, Wellness & Fitness
Company size: Self Employed

I saved hours of work and thousands of dollars using plooto

Used Daily for 1+ year
Reviewed on 2/12/2020
Review Source: Capterra

Overall I'm very happy with Plooto, will continue to use it and encourage other business to use it.

Pros

It's way cheaper than credit card fees and saves time over cashing cheques.

Cons

Some payment changes can take a little longer than I feel they should. I tried to cancel a payment that was to be debited later that day. It still went through because it was too short notice.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Sarah C.
Industry: Accounting
Company size: 2-10 Employees

It is OK overall

Used Weekly for 2+ years
Reviewed on 10/13/2020
Review Source: Capterra

The payment time needs to be improved. But overall this is an easy to use product

Pros

It applies the payment for you on QBO
Approval process looks good
It provides payment world-wide with competitive rate

Cons

The warnings should be more visible
It takes longer than Telpay to deposit into account
Only subscription based

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 7.0/10

Ariel P.
Industry: Accounting
Company size: 2-10 Employees

Pricing model needs to go back to what it was

Used Daily for 2+ years
Reviewed on 2/12/2020
Review Source: Capterra

Pros

Easy to use, great concept, would recommend it if pricing made sense.

Cons

- Used to be very competitively priced, with the subscription model it is very hard to justify this expense to clients, especially since the use base is mostly small forward thinking companies who have very little vendor payments to make in the first place.
- Very limited customizability when a lot of customization could be offered at the basic level.
- It's never a good business practice to force people to use your product for lack of alternatives. Due to the horrible pricing model change, if there was an alternative, I would be using it.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 5.0/10

Matthew C.
Industry: Accounting
Company size: 2-10 Employees

Plooto Review

Used Daily for 1+ year
Reviewed on 2/12/2020
Review Source: Capterra

While not perfect, Plooto has been great for us to help clients manage their A/P at scale at fees that are lower than the banks charge.

Pros

I like that it is easy to use, integrates with our accounting system, and allows us to manage A/P for clients at scale without using cheques.

Cons

The 4-day turnaround time to settle payments is the biggest pain-point.

The new fixed-fee monthly pricing model is inconsistent with how users are actually transacting on the platform, the previous model was much easier to explain to clients.

Customer service is a bit slow and we've been charged incorrectly multiple times, which takes them several weeks to resolve for each one.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 8.0/10

User recommendation
8.4/10
Based on 35 user ratings
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Plooto Pricing

Plooto Pricing

Starting from
$25.00/month
Free Trial
Subscription
Value for money

$25/month with 10 free domestic transactions
$0.5 per domestic transaction (after the first 10 free transactions)
$9.99 per international transactions
$1.99 per check payment (in US)

No setup fees. No integration fees. No hidden fees.

$25/month with 10 free domestic transactions
$0.5 per domestic transaction (after the first 10 free transactions)
$9.99 per international transactions
$1.99 per check payment (in US)

No setup fees. No integration fees. No hidden fees.

Value for Money
4.3/5
Based on 35 user ratings
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Plooto Features

Plooto Features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Compliance Management
Customizable Reporting
Data Import/Export
Electronic Payments
Expense Tracking
Financial Analysis
Invoice Management
Invoice Processing
Multi-Currency
Real Time Data
Reporting & Statistics
Third Party Integration
Workflow Management
Features
3.9/5
Based on 35 user ratings
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Categories

Additional information for Plooto

Additional information for Plooto

Key features of Plooto

  • Accounting integration
  • Accounting management
  • Activity tracking
  • Approval process controls
  • Audit trail
  • Bank reconciliation
  • Collections management
  • Data encryption
  • Direct deposit
  • Electronic payments
  • Invoice management
  • Invoice processing
  • Multi-company
  • Multiple user accounts
  • Partial payments
  • Payroll integration
  • Payroll management
  • Permission management
  • Progress tracking
  • QuickBooks integration
  • Real-time notifications
  • Recurring billing
  • SSL security
  • Status tracking
  • Transaction history
  • Transaction monitoring
  • User access controls

Benefits

  • Stop chasing check signatures with Plooto's smart approval workflow - allowing you to get payment approvals from assigned approvers from anywhere in the world.

  • With Plooto's smart integration, automatically sync all invoices and transactions to and from QuickBooks or Xero

  • Plooto keeps a full audit trail of all transactions, saving you countless hours on data entry

  • Switch between multiple client accounts with Plooto's dashboard view - perfect for accountants and bookkeepers.

  • Collect one-time and recurring payments faster with PAD to streamline the accounts receivable process

  • Securely transfer funds electronically without having to know the payee's banking information.

  • Send domestic and cross-border payments between Canada and the U.S. with no percentage fees.

  • Plooto FAQs

    Plooto FAQs

    Below are some frequently asked questions for Plooto.

    Q. What type of pricing plans does Plooto offer?

    Plooto offers the following pricing plans:

    Starting from: $25.00/month

    Pricing model: Subscription

    Free Trial: Available

    $25/month with 10 free domestic transactions $0.5 per domestic transaction (after the first 10 free transactions) $9.99 per international transactions $1.99 per check payment (in US) No setup fees. No integration fees. No hidden fees.

    Q. What are the main features of Plooto?

    Plooto offers the following features:

    • Accounting integration
    • Accounting management
    • Activity tracking
    • Approval process controls
    • Audit trail
    • Bank reconciliation
    • Collections management
    • Data encryption
    • Direct deposit
    • Electronic payments
    • Invoice management
    • Invoice processing
    • Multi-company
    • Multiple user accounts
    • Partial payments
    • Payroll integration
    • Payroll management
    • Permission management
    • Progress tracking
    • QuickBooks integration
    • Real-time notifications
    • Recurring billing
    • SSL security
    • Status tracking
    • Transaction history
    • Transaction monitoring
    • User access controls

    Q. Who are the typical users of Plooto?

    Plooto has the following typical customers:

    Small Business, Large Enterprises, Public Administrations, Non Profit, Freelancers, Mid Size Business

    Q. What languages does Plooto support?

    Plooto supports the following languages:

    English

    Q. What type of pricing plans does Plooto offer?

    Plooto has the following pricing plans:

    Subscription

    Q. Does Plooto support mobile devices?

    We do not have any information about what devices Plooto supports

    Q. What other apps does Plooto integrate with?

    Plooto integrates with the following applications:

    QuickBooks Online, QuickBooks Online Advanced, QuickBooks Online Advanced, Xero, Xero

    Q. What level of support does Plooto offer?

    Plooto offers the following support options:

    FAQs, Online Support, Phone Support, Knowledge Base, Video Tutorials