Most popular features of all Finance & Accounting apps
25 reviewers had the following to say about Plooto's features:
This has made monthly reoccurring customer payments so easy and professional.
Pros
It's easier to use and more cost effective than going through our bank. A real time saver.
Cons
I find that the clearing of paid invoices with Plooto in QBO does not work seamlessly.
Rating breakdown
Time used: 6-12 months
Frequency of use: Monthly
Likelihood to recommend
Overall once it was set up I have found it very easy to use and worth the money.
Pros
Once it was set up the program works really well and integrates with Quickbooks desktop to make reporting a breeze.
Cons
Setting up the interface between the browser program and the desktop program was a real hassle.
Rating breakdown
Time used: Less than 6 months
Frequency of use: Weekly
Likelihood to recommend
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
Time used: 1-2 years
Frequency of use: Weekly
Likelihood to recommend
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.
Cons
Reports functionality is lacking It takes time for clients to get a hang of it initially when setting up PAD.
Rating breakdown
Time used: 2+ years
Frequency of use: Weekly
Likelihood to recommend
Really happy with the software and love using it
Pros
Easy to use and setup for users and the expanded features to pay internationally and in both CDN and USD currencies.
Cons
Reporting using the AP function could be easier - the batch of payments that are processed should be a standard report in both PDF and Excel
Rating breakdown
Time used: 1-2 years
Frequency of use: Weekly
Likelihood to recommend
Pros
- integration with Xero and QBO means no need to enter data into accounting and payment systems separately.
Cons
I wish we could have a demo account where we could see the client view, and run through the entire workflow internally to refine the training and communication we provide to clients upfront to make their experience better.
Rating breakdown
Time used: 6-12 months
Frequency of use: Weekly
Likelihood to recommend
great!
Plooto allows easy and painless payments for businesses with a high volume of bills at a reasonable cost.
Pros
Then Plooto marks the bills as paid.
Cons
The training is minimal, but should include tips on how to pull and export the bank data for analysis, I only learned of it from support which is a waste of Plooto's resources.
Rating breakdown
Time used: 2+ years
Frequency of use: Weekly
Likelihood to recommend
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
Time used: 1-2 years
Frequency of use: Monthly
Likelihood to recommend
Good
My clients didn't like using Plooto to pay my invoices. They requested that I use the 'Pay Invoice Now' feature available through QuickBooks Online.
It's been a tent pole product for us as part of our finance activities. Highly recommend to any organization with daily payment needs.
Pros
The additional approval workflow features are great for scaling up and delegating Accounts Payable and setting limits on payment types.
Cons
A better/more open API so we could programmatically create new payment contacts or set Email Transfer passwords, but honestly that's nit-picking.
Rating breakdown
Time used: 2+ years
Frequency of use: Daily
Likelihood to recommend
Looking forward to future updates and a continued and improved seamless workflow with qbo.
Pros
The two way integration with QuickBooks online works really well and really simplifies my ap process.
Cons
Ideally it would be amazing if I could pay bills in QuickBooks the same as if I was writing checks.
Rating breakdown
Time used: 6-12 months
Frequency of use: Monthly
Likelihood to recommend
Great
We use the software for payment of invoices including external vendors, staff reimbursements, and payroll.
Pros
As a small association, with few vendors and accounts payable/receivable, the software works very well for us.
Cons
I suppose if anything, if you need to reverse a payment already in process it can be a bit of a challenge but have only experienced that once.
Rating breakdown
Time used: 1-2 years
Frequency of use: Monthly
Likelihood to recommend
Payments made to subcontractors and easily processed.
Pros
This software makes it easy to pay multiple parties at one time.
Cons
The fees often hit wrong chart of accounts and requires manual adjustments on occasions.
Rating breakdown
Time used: 2+ years
Frequency of use: Weekly
Likelihood to recommend
Pros
Product is very easy to use; tech support is quick and easy to access; integration with QuickBooks is simple.
Cons
I would like to see a separate section for reports.
Rating breakdown
Time used: 2+ years
Frequency of use: Weekly
Likelihood to recommend
Pros
Easy to use and train new staff, reasonably priced.
Cons
Unable to search by vendor to set up payments Unable to sort by vendor, then by invoice number or due date Unable to set preferences such as view 100 per page USD import of paid bills does not populate currency rate, imports at 1.00
Rating breakdown
Time used: 2+ years
Frequency of use: Daily
Likelihood to recommend
Pros
The QB integration is really helpful for us, it makes it easy for us to pull AP and the fact that invoices are attached in the payments are also a plus.
Cons
The fact that it take 4-5 days for the payments to get credited in our vendors account.
Rating breakdown
Time used: 6-12 months
Frequency of use: Weekly
Likelihood to recommend
Team has been responsive and platform is a simple to use and saves time . Allows us to focus on what we need to do to run our business.
Great platform to set up, use, and recommend to clients.
Pros
Great interface for our non-financial clients.
Cons
It would be easy for someone to change banking details and direct the payment to the wrong person's account.
Rating breakdown
Time used: 1-2 years
Frequency of use: Weekly
Likelihood to recommend
Easy to use and fast
Pros
The reporting and automation of payments
Cons
I can only enter in a maximum of 20 recurring payment the client support team cannot help us in a timely manner.
Rating breakdown
Time used: Less than 6 months
Frequency of use: Daily
Likelihood to recommend
The accounts payable functionality and clear audit trail have been fantastic.
Pros
It has saved time, organized files with a clear audit trail, eliminated a number of potential mistakes which can happen through manual entries.
Cons
Approval tier set up is very poor. Having a global tier and specific bank tier are great, but there should be clearer instructions that setting up a tier on a specific bank will supersede and eliminate a global tier. When the amounts on the tiers are completely different one should not impact the other. Eg - Bank tier - 0-1,000 requires X approvers and Global Tier 1,000.01 - unlimited requires Z approvers. The global tier should not be ignored since the amounts are completely different.
Rating breakdown
Time used: 1-2 years
Frequency of use: Weekly
Likelihood to recommend
I didn't enjoy the customer service. Communication between emails felt like a robot talking to me. The chat function is a robot. Phone# is just a voice message, not useful. There are glitches within the program even with the settings. A lot of room for improvement.
