Plooto Pricing, Features, Reviews & Comparison of Alternatives

Plooto

End to end AP & AR workflow automation

3.97/5 (33 reviews)

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.
www.plooto.co

Pricing

Starting from
$25/month
Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada

Supported languages

English
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 processesPlooto screenshot: Plooto Manual Payment | Have the ability to make manual payments without having to sync to an accounting softwarePlooto 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 PADPlooto screenshot: Plooto Integration | With Plooto's two-way sync with QuickBooks and Xero, automate accounting receivable processes

Plooto reviews

Value for money
Features
Ease of use
Customer support
  4.4
  4.0
  4.1
  3.6
Aislinn Kenyon

Entreflow Consulting Group's use of Plooto

Used weekly for 1-2 years
Reviewed 2019-04-19
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
Features
Customer support

Likelihood to recommend: 7/10

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Anonymous

Plooto is a simple AP and AR tool that also makes it easy to pay across borders.

Used occasionally for 1-2 years
Reviewed 2018-03-20
Review Source: Capterra

I mostly used it for AR purposes across the U.S. and Canadian border.

Pros
It's simple, and that point needs to be kept in mind. The interface is intuitive and it syncs with popular accounting programs like QuickBooks Online. The best part of the program (in my opinion) is the AR function that allows you to set up a recurring ACH payment from clients for a flat fee. Depending on the size of your invoice this could save you some money in credit card or bank processing fees. Also, you can do ACH payment from a U.S. bank and deposit the funds in a Canadian bank account. It is a pretty cool feature that puts them above Bill.com. It also doesn't carry the monthly fee of Bill.com.

Cons
It takes way too long to send money across borders. My experience is with the Canadian/U.S. border. It took nearly two weeks from the time that the client authorized the payment until it was deposited in my account. Also, if you are using Plooto for a foreign currency exchange service much better rates can be found elsewhere. If you are using Plooto instead of Bill.com and need all of the permissions or invoice scanning functionality, don't expect it. However, if you want a simple AP and AR tool with an added bonus of being able to make and receive payments across borders, and you aren't time crunched to make or receive a payment, then Plooto is a great inexpensive option.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Rebecca Chen

Rest Assured that you will be Reimbursed

Used monthly for 1-2 years
Reviewed 2019-12-28
Review Source: Capterra

Submitting my reimbursements with Plooto feels safe and secure. There is no need for the user to download an app or create an account, which is really important to someone who already has way too many accounts to keep track of!

Pros
We use this for reimbursements. There's no need to download another app as we submit our receipts through email to a specific email address. I am always reimbursed in a timely manner without any issues.

Cons
I have no complaints when it comes to this program. The only feature suggestion would be to make it so that people who have submitted a receipt can see the submission's status.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 10/10

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Tammy Beese

It appears to have it all until you use it.

Used daily for less than 6 months
Reviewed 2018-12-17
Review Source: Capterra

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 3/10

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Anonymous

Wow... awesome payment service

Used daily for 1-2 years
Reviewed 2018-11-27
Review Source: Capterra

Pros
Absolutely love the way Plooto integrates with QuickBooks online. It pulls in the bills to be paid, and you review and send them out... and it allows for multiple signers to approve the payments.

Cons
The issue I like least is that they don't offer a cheque... there are a few.. less than 1% of our bills, that we need a cheque for. I so dislike manual cheques, chasing signers... I need Plooto to send out a cheque on our behalf occassionally.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Plooto pricing

Starting from
$25/month
Pricing options
Free trial
Subscription
View Pricing Plans

$25/month with 10 free domestic transactions
$0.5 per domestic transaction (after the first 10 free transactions)
$9.99 per international transactions

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

Plooto features

Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Customizable Reporting
Data Import/Export
Electronic Payments
Invoice Management
Invoice Processing
Real Time Data
Workflow Management

API (238 other apps)
Compliance Management (156 other apps)
Expense Tracking (146 other apps)
Financial Analysis (112 other apps)
Multi-Currency (142 other apps)
Reporting & Statistics (213 other apps)
Third Party Integration (171 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Additional information for Plooto

Key features of Plooto

  • Data encryption
  • User access controls
  • Accounting integration
  • Accounting management
  • Activity tracking
  • Audit trail
  • Bank reconciliation
  • Collections management
  • 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
  • Approval process controls
View All Features

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.