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Plooto

Accounting & Finance

3.7(41 ratings)

Plooto simplifies payment processing and accounts payable automation for businesses.

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About Plooto

Best for SMBs and accounting firms automating payment workflows.

Plooto is a payment management platform that helps small to medium-sized businesses automate their accounts payable and accounts receivable workflows. It handles domestic and international payments, allowing businesses to send and receive funds electronically rather than dealing with paper checks. The platform syncs with popular accounting software to automatically reconcile transactions, reducing manual data entry and errors. It's particularly popular among Canadian and U.S. businesses as well as accounting firms managing payments for multiple clients. What makes it stand out is its two-way sync with accounting platforms and its focus on making batch payments and approval workflows simple.

Pros

Automates accounts payable and receivable workflows efficiently
Strong two-way sync with major accounting software
Supports both domestic and international payments
Multi-client management ideal for accounting firms
Easy batch payment processing with approval workflows

Cons

Primarily focused on Canadian and U.S. markets
Transaction fees can add up for high volumes
International payment processing can be slower than competitors
Limited functionality beyond payment management

Use Cases

Best for accounting firms managing payments across multiple client accounts

Best for small businesses replacing manual check-writing with electronic payments

Best for finance teams needing multi-level payment approval workflows

Best for companies automating recurring vendor and supplier payments

Key Features

6 features

Automated payment approvals workflow

Multi-currency payment processing

Integration with accounting software

Vendor management and onboarding

Real-time payment tracking

Customizable payment schedules

SaasHunter Score

7.4/10

“You need efficient accounts payable automation for a medium-sized business with complex payment needs.”

Ease of Use

7.0

Features

8.0

Pricing

6.0

Support

7.0

Integrations

9.0

Best For

Small Business 8Agencies 7Enterprise 7Startups 6Freelancers 5

Integrations

QuickBooks OnlineXeroQuickBooks DesktopOracle NetSuiteSage IntacctFreshBooks

Payment Automation Accounting Integration Financial Services Accounting Software

Frequently Asked Questions

What is Plooto?

Plooto is a payment management platform that automates accounts payable and receivable for small to medium-sized businesses. It enables electronic payments, batch processing, and automatic reconciliation with popular accounting software.

How much does Plooto cost?

Plooto offers plans starting around $25-$35 per month for basic usage, with per-transaction fees for domestic and international payments. Pricing varies based on features needed, and they offer specific plans for accounting firms managing multiple clients.

What are the main features of Plooto?

Key features include automated accounts payable and receivable, domestic and international electronic payments, batch payment processing, customizable approval workflows, and two-way sync with accounting software for automatic reconciliation.

Who should use Plooto?

Plooto is ideal for small to medium-sized businesses looking to eliminate manual payment processes, as well as accounting and bookkeeping firms that manage payments on behalf of multiple clients.

Is there a free plan for Plooto?

Plooto does not offer a permanent free plan, but they typically provide a free trial period so businesses can test the platform before committing to a paid subscription.