Plooto Features

Plooto

The Simplest Payments Solution for Payables & Receivables

3.65/5 (20 reviews)

Plooto Feature Summary

  • 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

Finance & Accounting Feature Comparison

Most popular features of all Finance & Accounting apps

API (215 other apps)
Accounting Integration (147 other apps)
Accounting Management (147 other apps)
Activity Dashboard (165 other apps)
Audit Trail (101 other apps)
Automatic Notifications (132 other apps)
Billing & Invoicing (147 other apps)
Compliance Management (133 other apps)
Customizable Reporting (132 other apps)
Data Import/Export (139 other apps)
Electronic Payments (135 other apps)
Expense Tracking (136 other apps)
Financial Analysis (103 other apps)
Invoice Management (194 other apps)
Invoice Processing (123 other apps)
Multi-Currency (130 other apps)
Real Time Data (127 other apps)
Reporting & Statistics (182 other apps)
Third Party Integration (148 other apps)
Workflow Management (115 other apps)

Competitor Feature Comparison

Plooto Feature Reviews

19 reviewers had the following to say about Plooto's features:

Helina Patience, CPA, CMA

Awesome AP/AR app that saves time and money.

2018-05-12

Cheaper bill payments.

Pros

Plooto saves me and my clients so much time is chasing invoice payments and mailing cheques for bill payments.

Cons

I'd like to see the time gap from invoice payment to cash in my bank and bill payment to cash in my vendor's bank shortened.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
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Boyd Thomson

Easiest way to pay my suppliers.

2017-07-18

Save time and increased accuracy of accounting records

Pros

Plus, it's easy to send off a batch of bill payments.

Cons

When they initially launched the integration with my accounting software was not fully set up and there were some confusing transactions, but it is all great now.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
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Anonymous
A verified reviewer

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

2018-03-20

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

Pros

Depending on the size of your invoice this could save you some money in credit card or bank processing fees.

Cons

Also, if you are using Plooto for a foreign currency exchange service much better rates can be found elsewhere.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Occasionally

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
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Boyd Thomson

Makes payments SO EASY

2017-01-10

Hours of writing cheques and later on reconciling payments and Interac e-transfer fees is done in a matter of minutes.

Pros

integration with cloud accounting software

Cons

It takes a few days for recipients to receive funds.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

10/10

Recommendations to others considering Plooto

It's the easiest AND the cheapest way to send payments

Source: Capterra
Helpful?   Yes   No

Response from Plooto


Thanks Boyd, we're constantly working to release additional features to make your payments simpler and easier.

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Alexander Novitskiy

It's not excellent, but we don't have a choice.

2018-04-25

Automatic payment reconciliation with XERO and recurring payment setup.

Pros

some amount for transaction - it's like eTransfer price, but XERO integration with automatic reconciliation is additional benefit.

Cons

Fife (5) days for transfer transaction! It is like cheque holding by Bank! Why? eTransfer need from several minutes for it...

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
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Aislinn Kenyon

Entreflow Consulting Group's use of Plooto

2019-04-19

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.

Pros

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
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Brett Goodlin

You can tell it's new

2018-01-10

Pros

You can sync your invoices, bills, and contacts to the system manually or all at once.

Cons

Same as with sending out payments for bills. What does that look like for the vendors I want to pay?

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
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Tammy Beese

It appears to have it all until you use it.

2018-12-17

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.

Cons

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

3/10
Source: Capterra
Helpful?   Yes   No
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Craig Kirsch

These guys are clueless

2019-05-10

Made several payments through Plooto.

Pros

The UI is good. The concept is good

Cons

Customer support is terrible. Process is archaic.

Rating breakdown

Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Monthly

Likelihood to recommend

0/10
Source: Capterra
Helpful?   Yes   No
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Anonymous
(Financial Services company, 1-10 employees)

Wow... awesome payment service

2018-11-27

Pros

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
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Anonymous
(Education Management company, myself only employees)

great job, needs more tutorials

2018-10-03

few options for paying contractors...this is a good one

Pros

reasonable price for transferring money to contractors. reasonably smooth process and quick if you use the instant method.

Cons

they lack thorough, step by step tutorials. it's hard to know exactly how the process unfolds for both parties, therefore you can't explain to payees what they need to do.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Monthly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
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Shipra Roy

Saves me on time and costs. Convenient to use & good support.

2015-12-04

We're a cloud based accounting firm and they have a great way to set up multiple accounts that I can manage and get payments approved by my clients.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Ken Mitchell

Loved the product until last week when we lost 30K because of PLooto system bug!

2018-03-01

Pros

1-Easy to use 2- Dashboards are great 3- Cost is on point 4- Set up was easy Overall has such potential to be a leader in this space, however, read cons!

Cons

This is too bad as i feel your platform had lots of potential but when in comes to payments, security is the number one concern.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Nathan Burt

Quickbooks Autopay on Recurring Templates Eliminates need for Plooto

2019-06-26

Pros

It worked fairly well but then reconciling to Quickbooks took extra steps that became unnecessary when Quickbooks Online introduced the same functionality.

Cons

How to cancel account? Not sure . . .

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Monthly

Likelihood to recommend

3/10
Source: Capterra
Helpful?   Yes   No
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Anonymous
CFO (Entertainment company, 1-10 employees)
Verified Reviewer

You get what you pay for- If you're a serious business, don't bother

2018-05-10

Pros

Cost Efficient Ok- at least support responded if anyone was actually available.

Cons

You will regret it, payments will be late, and you will rack up charges on returned payments and kill cash liquidity on the long waiting periods.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

0/10
Source: GetApp
Helpful?   Yes   No
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Brian Clare

Payments and receivables can't get easier

2018-03-29

Pros

Easy to follow interface Syncs with QuickBooks Online and Xero to pull in your payables and receivables Can set up a pre-authorized debit Low fees per transaction No monthly cost to use the platform

Cons

Nothing. It meets mine and my client's needs

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
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Anonymous
Owner (Logistics and Supply Chain company, 11-50 employees)
Verified Reviewer

Simplest way to manage receivables

2019-01-03

Pros

The setup is simple, the user interface is simple and it solves many issues that come up when automating your back office to handle AR in a fast manner.

Cons

The speed of ACH deposits must get faster but with a credit card, the funding is the next day. They could also improve the Xero connection a bit more but all and all its great.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: GetApp
Helpful?   Yes   No
Read more
Stéphanie McGuirt

Easy to set up and great support!

2017-09-21

Makes it super easy to pay vendors!

Pros

Chat support is there when you need them the most! I really appreciate how attentive and thorough they are with onboarding, troubleshooting, and answering questions.

Cons

It would be great if they also sent out checks for those companies that require checks and don't do ACH.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Ramli Solidum

Easy to use payments platform!

2015-12-04

I've had a great experience so far! It was easy to set up.

Rating breakdown

Ease of use
Customer support
Source: Capterra
Helpful?   Yes   No

Response from Plooto


Thank you so much!

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