Plooto Pricing, Features, Reviews & Alternatives

Plooto

Your Mission Control for AP & AR

4.36/5 (194 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
Free
Subscription
Free trial
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 payablesPlooto 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 receivablesPlooto 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 user reviews

Value for money
Features
Ease of use
Customer support
  4.2
  4.2
  4.5
  4.0
Aislinn K.

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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Heather Y.

Our EFT provider of choice

Used daily for 2+ years
Reviewed 2020-12-14
Review Source: Capterra

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Tammy B.

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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Varun S.

Fantastic option for an accounting firm!

Used weekly for 2+ years
Reviewed 2020-12-17
Review Source: Capterra

Very positive and highly recommended

Pros
We've transformed our accounting firm from traditional "after the fact" billing and collection, to a monthly recurring fee model using Plooto. It has automated one of the most painful parts of running an accounting firm. Our clients love to do their own Receivables, Payables and CRA payments using Plooto.

Cons
Reports functionality is lacking It takes time for clients to get a hang of it initially when setting up PAD.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Danny R.

Integral Software for Accounting

Used weekly for 2+ years
Reviewed 2020-12-08
Review Source: Capterra

My experience has been very good! Been very happy with product in the past few years that I have been using it for my clients.

Pros
I like the integration with QBO and that it makes it easy for me to process payments with the appropriate checks and balances of approvals. The software also helps in confirming whether the bank information being provided is valid or not. So easy to use!!!

Cons
The only Con that I could think of is that it becomes a bit expensive for those that have very little transactions monthly where the fixed monthly fee does not get fully utilized.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Plooto pricing

Starting from
$25/month
Pricing options
Free
Subscription
Free trial
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
$1.99 per check payment (in US)

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

Plooto features

Accounting
Accounting Integration
Activity Dashboard
Alerts/Notifications
Audit Trail
Billing & Invoicing
Customizable Reports
Data Import/Export
Electronic Payments
Expense Tracking
Invoice Management
Invoice Processing
Multi-Currency
Recurring/Subscription Billing
Workflow Management

API (393 other apps)
Compliance Management (357 other apps)
Reporting & Statistics (411 other apps)
Reporting/Analytics (358 other apps)
Third Party Integrations (331 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
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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.