Plooto

Plooto

Plooto is a cloud-based accounts payable and receivable automation platform designed for small to medium-sized businesses and accounting firms. It streamlines payment workflows, approvals, and bank reconciliation while integrating seamlessly with popular accounting software.

Free plan available

Visit Website

Features

Automated accounts payable and receivable management
Multi-level approval workflows and payment scheduling
Direct integration with QuickBooks, Xero, and Sage
Batch payment processing for vendors and customers
Real-time payment tracking and audit trails
Bank-level security with two-factor authentication

Pros & Cons

Pros

  • +Eliminates manual data entry and reduces payment errors
  • +Seamless integration with major accounting platforms
  • +Strong approval workflow controls for better financial oversight
  • +Competitive transaction-based pricing model

Cons

  • -Per-transaction fees can add up for high-volume businesses
  • -Limited customization options for complex payment scenarios
  • -Primarily focused on North American banking systems

Pricing

PlanPriceFeatures
Free$0/moUnlimited users, Basic payment processing, QuickBooks Online integration, $0.50 per transaction fee
Premium$30/moEverything in Free, Advanced approval workflows, Multiple integrations, Priority support, $0.50 per transaction fee
EnterpriseCustom pricingEverything in Premium, Dedicated account manager, Custom integrations, Volume discounts on transactions, API access

Quick Info

Starting Price
Free
Features
6 listed

Compare Plooto

See how Plooto stacks up against other tools

Alternatives to Plooto

Other Accounting & Finance tools you might consider

QuickBooks Online

QuickBooks Online

From $30/mo

QuickBooks Online is a cloud-based accounting software designed for small to medium-sized businesses to manage invoicing, expenses, payroll, and financial reporting. It provides real-time financial insights and integrates with over 750 business applications to streamline bookkeeping and tax preparation.

Automated invoicing and payment trackingExpense tracking and receipt captureTax deduction identification and reporting
Xero

Xero

From $15/mo

Xero is a cloud-based accounting software designed for small to medium-sized businesses, offering real-time financial visibility and streamlined bookkeeping. It enables business owners and accountants to manage invoicing, bank reconciliation, inventory, payroll, and financial reporting from anywhere.

Automated bank reconciliation and transaction matchingInvoicing and accounts receivable managementExpense tracking and bill management
FreshBooks

FreshBooks

From $19/mo

FreshBooks is a cloud-based accounting software designed for small business owners, freelancers, and self-employed professionals to manage invoicing, expenses, and financial reporting. It simplifies bookkeeping with an intuitive interface that requires no accounting expertise.

Automated invoicing and payment remindersTime tracking and project managementExpense tracking and receipt capture
Wave

Wave

Free

Wave is a free accounting software designed specifically for small businesses, freelancers, and entrepreneurs who need to manage invoicing, bookkeeping, and payments without the complexity of enterprise solutions. It offers a complete financial management suite with unlimited income and expense tracking at no cost.

Unlimited invoicing and invoice customizationAutomatic bank transaction imports and reconciliationReceipt scanning and expense tracking