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MYOB Essentials vs Plooto Comparison
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Overview
MYOB Essentials is accounting software designed to help businesses of any size across Australia and New Zealand take care...
Plooto is for accountants and bookkeepers looking to scale their practice with AP and AR. Plooto provides end-to-end AR &...
- Platforms supported
- Web-based
- iPhone app
- Android app
- Windows Phone app
- Typical customers
- Freelancers
- Small businesses
- Mid size businesses
- Large enterprises
- Customer support
- Phone
- Online
- Knowledge base
- Video tutorials
- Platforms supported
- Web-based
- iPhone app
- Android app
- Windows Phone app
- Typical customers
- Freelancers
- Small businesses
- Mid size businesses
- Large enterprises
- Customer support
- Phone
- Online
- Knowledge base
- Video tutorials
Screenshots
Pricing
Starting from
A$5.00/mo.month
- Free trial available
- No credit card required
- Free account
- Subscription based
Starting from
$25.00/mo.month
- Free trial available
- No credit card required
- Free account
- Subscription based
User reviews
Pros
It is user friendly and easy to navigate. The cost did increase quite a bit over the 6 years I was using it but it is pretty relative to other accounting software available.
Good Alternative Cloud Accounting Package for the MYOB Faithful.
I would recommend it to someone say a professional bookkeeper, I found Quickbooks to be more user friendly for easy bookkeeping soultuons also finding Quickbooks a lot cheaper than MYOB.
Pros
I am excited that it provides a secure way to establish multi approval payments. As a contract bookkeeper with many clients, I consider this to be an important issue.
I have had a great experience with Plooto, it is very easy to use and it is great you can set up bill approvals as this is a must with some clients.
I have found the software to be reliable and easy to use. But more importantly, I have found the support team to be responsive and genuinely interested in solving problems.
Cons
They might have stolen but it has cost them a customer and I will tell everybody I meet to avoid that software and company like the plague.
Data entry is not fluid and constant delays in processing. We contacted MYOB support regarding this and "they are working on the problem" so it appears it is a common problem.
The interface is ok but the customer service is terrible.
Cons
Very confusing for trying to reconcile. Plooto reconciled in Xero in its own little account but doesn't reconcile with the bank account.
They requested that I use the 'Pay Invoice Now' feature available through QuickBooks Online.
Plus when money drops into my account there is no PLOOTO ID on the deposit.
Key features
- Total features52
- 360 Degree Feedback
- ACH Payment Processing
- API
- Absence Management
- Access Control
- Account Reconciliation
- Accounting Integration
- Accounting Management
- Action Item Tracking
- Action Management
- Activity Dashboard
- Activity Management
- Activity Tracking
- Ad hoc Reporting
- Administrative Reporting
- Application Integration
- Approval Process Control
- Audit Trail
- Auditing
- Automated Billing
- Automatic Notifications
- Bank Reconciliation
- Batch Processing
- Billing & Invoicing
- Budgeting
- Cash Flow Management
- Cash Management
- Collaboration Tools
- Collections Management
- Compliance Management
- Configurable Workflow
- Contact Management
- Credit Card Integration
- Credit Card Processing
- Customer Database
- Customizable Reporting
- Data Import
- Data Import/Export
- Data Synchronization
- Direct Deposit
- Document Management
- Document Review
- Electronic Payments
- Email Invitations & Reminders
- Expense Claims
- Expense Tracking
- Fraud Detection
- General Ledger
- Goal Setting / Tracking
- Inventory Management
- Inventory Tracking
- Invoice Management
- Invoice Processing
- Job Management
- Job Tracking
- Leave Tracking
- Mobile Integration
- Multi-Company
- Multi-Currency
- Multi-Location
- Multiple User Accounts
- Offline Access
- Partial Payments
- Payroll Integration
- Payroll Management
- Permission Management
- Profit / Loss Statement
- Profitability Analysis
- Progress Tracking
- Project Time Tracking
- Project Tracking
- Purchase Order Management
- QuickBooks Integration
- Quote Management
- Real Time Data
- Real Time Notifications
- Real Time Reporting
- Real Time Updates
- Receiving
- Records Management
- Recurring Billing
- Reminders
- SSL Security
- Sales Tax Management
- Sick Leave Tracking
- Status Reporting
- Status Tracking
- Supplier Management
- Third Party Integration
- Time & Expense Tracking
- Timesheets
- Transaction History
- Transaction Monitoring
- Workflow Management
- Total features60
- 360 Degree Feedback
- ACH Payment Processing
- API
- Absence Management
- Access Control
- Account Reconciliation
- Accounting Integration
- Accounting Management
- Action Item Tracking
- Action Management
- Activity Dashboard
- Activity Management
- Activity Tracking
- Ad hoc Reporting
- Administrative Reporting
- Application Integration
- Approval Process Control
- Audit Trail
- Auditing
- Automated Billing
- Automatic Notifications
- Bank Reconciliation
- Batch Processing
- Billing & Invoicing
- Budgeting
- Cash Flow Management
- Cash Management
- Collaboration Tools
- Collections Management
- Compliance Management
- Configurable Workflow
- Contact Management
- Credit Card Integration
- Credit Card Processing
- Customer Database
- Customizable Reporting
- Data Import
- Data Import/Export
- Data Synchronization
- Direct Deposit
- Document Management
- Document Review
- Electronic Payments
- Email Invitations & Reminders
- Expense Claims
- Expense Tracking
- Fraud Detection
- General Ledger
- Goal Setting / Tracking
- Inventory Management
- Inventory Tracking
- Invoice Management
- Invoice Processing
- Job Management
- Job Tracking
- Leave Tracking
- Mobile Integration
- Multi-Company
- Multi-Currency
- Multi-Location
- Multiple User Accounts
- Offline Access
- Partial Payments
- Payroll Integration
- Payroll Management
- Permission Management
- Profit / Loss Statement
- Profitability Analysis
- Progress Tracking
- Project Time Tracking
- Project Tracking
- Purchase Order Management
- QuickBooks Integration
- Quote Management
- Real Time Data
- Real Time Notifications
- Real Time Reporting
- Real Time Updates
- Receiving
- Records Management
- Recurring Billing
- Reminders
- SSL Security
- Sales Tax Management
- Sick Leave Tracking
- Status Reporting
- Status Tracking
- Supplier Management
- Third Party Integration
- Time & Expense Tracking
- Timesheets
- Transaction History
- Transaction Monitoring
- Workflow Management
Integrations
- Total integrations157
- Authorize.net
- Dropbox Business
- FreshBooks
- Magento Commerce
- Microsoft Dynamics GP
- Microsoft Excel
- NetSuite
- PayPal
- QuickBooks Online
- QuickBooks Online Advanced
- SAP Business One
- Sage Intacct
- Salesforce Sales Cloud
- Shopify
- Slack
- Stripe
- WooCommerce
- Workato
- Xero
- Zapier
- Total integrations5
- Authorize.net
- Dropbox Business
- FreshBooks
- Magento Commerce
- Microsoft Dynamics GP
- Microsoft Excel
- NetSuite
- PayPal
- QuickBooks Online
- QuickBooks Online Advanced
- SAP Business One
- Sage Intacct
- Salesforce Sales Cloud
- Shopify
- Slack
- Stripe
- WooCommerce
- Workato
- Xero
- Zapier
Security
- Encryption of sensitive data at rest
- HTTPS for all pages (web-based apps)
- Reports/alerts for security breaches
- Multifactor authentication options
- Customer data removed upon service cancellation
- Encryption of sensitive data at rest
- HTTPS for all pages (web-based apps)
- Reports/alerts for security breaches
- Multifactor authentication options
- Customer data removed upon service cancellation
Alternatives
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MYOB Essentials vs. Plooto
See how MYOB Essentials and Plooto stack up against each other by comparing features, pricing, ratings and reviews, integrations, screenshots and security. Compare real user opinions on the pros and cons to make more informed decisions.
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