Plooto

Your Mission Control for AP & AR

4.4 /5 (193 reviews) Write a Review!

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.

Plooto Overview

Pricing

Starting from
US$25.00/month

Pricing options

Free Trial
Subscription
Value for money

$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

Devices
Business size
S M L
Markets
United States, Canada
Supported Languages
English

Media

Plooto Client Dashboard | Have full visibility of your clients and see all pending action items at a glance.
Plooto Accounts Payable Dashboard | View all of your client's pending and completed payables
Plooto Integration | With Plooto's two-way sync with QuickBooks and Xero, automate accounting payable processes
Plooto Manual Payment | Have the ability to make manual payments without having to sync to an accounting software
Plooto Accounts Receivable Dashboard | View all of your client's pending and completed receivables
Plooto Request Payment | Manually request payments and enjoy features like recurring payment and PAD
Plooto Integration | With Plooto's two-way sync with QuickBooks and Xero, automate accounting receivable processes
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 processes Plooto screenshot: Plooto Manual Payment | Have the ability to make manual payments without having to sync to an accounting software Plooto 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 PAD Plooto screenshot: Plooto Integration | With Plooto's two-way sync with QuickBooks and Xero, automate accounting receivable processes

Plooto Reviews

Plooto Reviews

Overall rating
4.4
/
5
Excellent
108

Very good
62

Average
15

Poor
1

Terrible
7

Value for Money
4.2
Features
4.2
Ease of Use
4.5
Customer Support
4
88% recommended this app
Aislinn K.

Entreflow Consulting Group's use of Plooto

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.


Heather Y.

Our EFT provider of choice

Our objective was to automate payables, and Plooto has been great for that purpose.


Tammy B.

It appears to have it all until you use it.

Not Good. Really ambitious to make it work I like the concept but they make it very hard to be a client.


Danny R.

Integral Software for Accounting

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.


Sara B.

It's Okay

I am striving to keep my payment processing costs as low as possible. As such, I've stuck with Plooto and have tried to have as many clients as possible do ACH processing. However, more and more clients are requesting to use credit cards, and many are okay with paying a surcharge for processing fees. Plooto does not accept credit card payments, and I would prefer to have a one stop shop for payment processing. I was happier when it was a flat $1 fee per ACH, I'm now paying much more per transaction due to the flat $25 per month fee and the small amount of clients I have who are still willing to do ACH payments.


Aislinn K.
Industry: Management Consulting
Company size: 11-50 Employees

Entreflow Consulting Group's use of Plooto

Used Weekly for 1+ year
Reviewed on 19/4/2019
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
Customer Support

Likelihood to recommend: 7.0/10

Heather Y.
Industry: Accounting
Company size: 11-50 Employees

Our EFT provider of choice

Used Daily for 2+ years
Reviewed on 14/12/2020
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
Customer Support

Likelihood to recommend: 10.0/10

Tammy B.
Industry: Publishing
Company size: 2-10 Employees

It appears to have it all until you use it.

Used Daily for 1-5 months
Reviewed on 17/12/2018
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
Customer Support

Likelihood to recommend: 3.0/10

Danny R.
Industry: Accounting
Company size: 2-10 Employees

Integral Software for Accounting

Used Weekly for 2+ years
Reviewed on 8/12/2020
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
Customer Support

Likelihood to recommend: 9.0/10

Sara B.
Industry: Accounting
Company size: Self Employed

It's Okay

Used Monthly for 1+ year
Reviewed on 14/12/2020
Review Source: Capterra

I am striving to keep my payment processing costs as low as possible. As such, I've stuck with Plooto and have tried to have as many clients as possible do ACH processing. However, more and more clients are requesting to use credit cards, and many are okay with paying a surcharge for processing fees. Plooto does not accept credit card payments, and I would prefer to have a one stop shop for payment processing. I was happier when it was a flat $1 fee per ACH, I'm now paying much more per transaction due to the flat $25 per month fee and the small amount of clients I have who are still willing to do ACH payments.

Pros

If you're looking for automatic draws, it works well. Syncs with both QBO and Xero.

Cons

If your client doesn't have all of the funds in their account, you won't be notified. Plooto will draw what it can and you'll have to log in to look to see who failed to pay in full. Pricing is okay. You're essentially charged $2.50 for ACH. If you're using QBO, you may as well just use their ACH payment processing as it's cheaper.

If you're using Plooto to pay a client (a refund, for example) it isn't automatic. You have to set them up again, and they'll have to guess a password to accept the funds you're transferring to them. It's bizarre that you can take money from them, but can't send it to them.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 5.0/10

User recommendation
8.2/10
Based on 193 user ratings
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Plooto Pricing

Plooto Pricing

Starting from
US$25.00/month
Free Trial
Subscription
Value for money

$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.

$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.

Value for Money
4.2/5
Based on 193 user ratings
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Plooto Features

Plooto Features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Compliance Management
Customisable Reporting
Data Import/Export
Electronic Payments
Expense Tracking
Financial Analysis
Invoice Management
Invoice Processing
Multi-Currency
Real Time Data
Reporting & Statistics
Third Party Integration
Workflow Management
Features
4.2/5
Based on 193 user ratings
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Categories

Additional information for Plooto

Additional information for Plooto

Key features of Plooto

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

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.

  • Plooto FAQs

    Plooto FAQs

    Below are some frequently asked questions for Plooto.

    Q. What type of pricing plans does Plooto offer?

    Plooto offers the following pricing plans:

    Starting from: US$25.00/month

    Pricing model: Subscription

    Free Trial: Available

    $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.

    Q. What are the main features of Plooto?

    Plooto offers the following features:

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

    Q. Who are the typical users of Plooto?

    Plooto has the following typical customers:

    Small Business, Large Enterprises, Public Administrations, Non Profit, Freelancers, Mid Size Business

    Q. What languages does Plooto support?

    Plooto supports the following languages:

    English

    Q. Does Plooto support mobile devices?

    We do not have any information about what devices Plooto supports

    Q. What other apps does Plooto integrate with?

    Plooto integrates with the following applications:

    QuickBooks Online, QuickBooks Online Advanced, QuickBooks Online Advanced, Xero, Xero

    Q. What level of support does Plooto offer?

    Plooto offers the following support options:

    FAQs, Online Support, Phone Support, Knowledge Base, Video Tutorials