Canada Local product
Plooto

Plooto

Canada Local product

What Is Plooto?

Plooto is an all-in-one platform that enables businesses to automate their domestic and international accounts payable and accounts receivable functions by unifying payments, processes, control, and reporting. Get paid as soon as 2 business days with credit cards! Trusted by 6,000+ businesses, the platform also integrates with popular accounting systems such as Xero and QuickBooks to eliminate data entry and automate the reconciliation of bills and invoices.

Who Uses Plooto?

Ideal for small businesses and accountants, Plooto is the fastest way to manage business payments - saving you hours on your accounts payable and receivable processes like credit card payments.

Plooto Software - Plooto client dashboard Plooto Software - Accounts payable dashbaor Plooto Software - Accounts payable - integr Plooto Software - Accounts receivable dashb Plooto Software - Accounts receivable - int

Not sure about Plooto? Compare with a popular alternative

Plooto

4.4 (221)
Local product
Plooto
US$25.00
month
Free version
Free trial
51
2
4.5 (221)
4.2 (221)
4.0 (221)
VS.
Starting Price
Pricing Options
Features
Integrations
Ease of Use
Value for Money
Customer Service
US$0.30
Free version
Free trial
37
116
4.5 (2,712)
4.4 (2,712)
4.3 (2,712)
Why am I seeing this?

Alternatives to Plooto

Sponsored
Recurring billing & Subscription management plug & play product that works as a layer of intelligence on top of Payment Gateways. Learn more about Chargebee
Stripe makes it easy for your business to start collecting credit cards online immediately. No merchant account or gateway necessary. Learn more about Stripe
Complete payables automation, eliminating the manual processes related to paying suppliers and partners. Learn more about Tipalti
Square powers secure payments even when you dont use a reader. Virtual Terminal for over-the-phone transactions, Invoices and more!
Accounts payable and receivable tool that helps businesses with payroll, reimbursements, remittance payment, and more.
Manage your entire nonprofit with a single CRM! Get all the functionality you need, plus donation webpages & build-in email marketing.
Bill.com is the intelligent business payments platform that delivers financial process efficiency, time savings, and full control.
From payments to credit to fraud protection, PayPal Commerce Platform helps you meet your customers where they are.
Square POS is the customizable point-of-sale system built for businesses of all shapes and sizes.
A single solution lets customers use a variety of payment methods on your site, on mobile, or in your app.
Online payment gateway that allows users to process eCommerce transactions on mobile platforms and desktop.
QuickBooks Online is a small business accounting software and app that allows you to manage your business anywhere, anytime.
MazumaGo is an all-in-one AP automation and payment processing software for construction companies.
The leading accounting software for small businesses. Instant access to customer, vendor and employee information.
Wave offers small business owners real double-entry accounting that is integrated with the rest of Wave's solutions, 100% free!
Accept every payment quickly, easily, and securely with Square Payments.
Payment processing tool which enables recurring transactions through automated withdrawal from customers.
Online payment processing to accept payments your way. High quality support and humanizing your payment experience is what we do.
Automatically enter invoice data, route approvals, find any document and pay vendors from anywhere with Beanworks AP Automation.
Stampli is a complete AP automation platform that brings together accounts payable communications, documentation, and payments in one p

Reviews of Plooto

Average score

Overall
4.4
Ease of Use
4.5
Customer Service
4.0
Features
4.2
Value for Money
4.2

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Aislinn
Aislinn
Marketing Asssitant in Canada
Verified LinkedIn User
Management Consulting, 11-50 Employees
Used the Software for: 1+ year
Reviewer Source

Entreflow Consulting Group's use of Plooto

5.0 4 years ago

Comments: 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.

Heather
Principal in Canada
Accounting Software, 11-50 Employees
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

Our EFT provider of choice

5.0 2 years ago

Comments: Our objective was to automate payables, and Plooto has been great for that purpose.

Pros:

We're a Quickbooks shop, and we *love* the integration. Virtually all of our clients are using Plooto for payables, and some for receivables. In terms of pricing, the package is advantageous for most of our clients. Some of the tiny ones would spend less on regular bank fees -- but the convenience still makes Plooto a good option. The interface is clean and user-friendly. Our clients love the signing authority "tiers." We're working with nonprofits, so there's always a board of directors to consider -- and therefore multiple signers. It's not uncommon for orgs to specify who needs to approve organizations over certain limits, and Plooto gets us there with no fuss.

Cons:

We still have issues with some vendors not being serviced by Plooto, e.g. credit card companies. The ability to send payments internationally through Plooto is great, but we sometimes experience issues with foreign banks. On the signing authority front, it's possible to do an "end run" around banking agreements by authorizing people on Plooto that aren't authorized on the bank account. We need to do our due diligence on that, to ensure payments are authorized only by signing authorities.

Tammy
Publisher in Canada
Publishing, 2-10 Employees
Used the Software for: 1-5 months
Reviewer Source

It appears to have it all until you use it.

1.0 4 years ago

Comments: Not Good. Really ambitious to make it work I like the concept but they make it very hard to be a client.

Pros:

I like that it can process both bank or credit card payments for receivables. It can provide automation too but unfortunately it didn't work for me. I like the price. And I like that it linked into xero. It appears to have it all until you use it.

Cons:

1) Its not easy to use, no introduction. 2) the automation component never worked for me I know I had to get PAD on but I wanted it on for some clients off for others and this was not an easy thing to set. It also doesn't allow me to store the credit card something like Quickbooks online I had in mind but this is a complete oversight to the program. I guess if automation actually worked then this could solve this issue. 3) Ya I was very confused but when my clients couldn't figure it out either, some ended up with duplicate payments pulled from their accounts etc. No help to fix very embarrassing. 4) their live chat is not live. You ask a question and wait. Fine to get started but even in the middle of conversation to deal with issues they just disappear. The conversation is not live. Sometimes they don't even read my questions which makes me think not a real person is helping me. 5) Money holding ridiculous! If a client due date on invoice was 30 days and they paid me next day I had to wait until what my invoice said for due date on payment. Plus when money drops into my account there is no PLOOTO ID on the deposit. Very confusing for trying to reconcile. 6) Plooto reconciled in Xero in its own little account but doesn't reconcile with the bank account. Weird and confusing.

Noah
Senior Financial Analyst in Canada
Market Research Software, 11-50 Employees
Used the Software for: 1-5 months
Reviewer Source

Alternatives Considered:

Time Saver

5.0 3 months ago

Pros:

Plooto has reduced our payment processing time down from 4-5 hours twice a month to paying our key vendors on a weekly basis in 45 minutes. We went from cutting over 50 cheques to completely electronic payment methods, with the option to still send cheques to vendors that prefer it. It is very easy to use and syncs perfectly with QuickBooks Online. They give excellent transparency on timelines of your payment statuses so you can keep vendors informed of when they can expect payment. Customer service is right at your finger tips and gives almost immediate help through their chat feature.

Cons:

Some vendors can be skeptical to enter banking details into a third party payment processor.

Maddie
Maddie
System Administrator in US
Verified LinkedIn User
Information Technology & Services, 10,000+ Employees
Used the Software for: 1+ year
Reviewer Source

Plooto is an easy-to-use, handy program that simplifies the process

4.0 6 months ago

Comments: Accounts payable include a variety of options that make it simple to designate an approval tier and transfer payments. Checks that have been deposited in the previous few months have not shown in the system, however the support staff is working to correct this. Other than this, Plooto has a number of features that make processing AP more efficient.

Pros:

Sending payments in practically any quantity to suppliers with Plooto is one of its finest features. Approval control, user-friendliness, and affordability are all things we like. It integrates with QBO and makes it simple to reconcile and set up payments automatically. Recurring payments and deposits may be set up quickly and effortlessly.

Cons:

The inclusion of cheque numbers in a report would be quite helpful in keeping track of payments. As an alternative, it would be good if the user could pick from a list of pre-existing merchants.