Plooto
4.2
246
Plooto is a SaaS solution that helps accountants and bookkeepers manage accounts payable and accounts receivable for their clients more efficiently. It offers fast bank-to-bank electronic payments, an approval workflow, a full audit trail, recurring payment and pre-authorized debit agreement, and two-way sync with QuickBooks and Xero. It is trusted by thousands of professionals and can reduce AR and AP processes from 5 hours to just 10 minutes.
Strengths
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Ease of use
Simple and intuitive interface
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Automated payments
Saves time and reduces errors
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Multi-currency support
Allows for international transactions
Weaknesses
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Limited integrations
Does not integrate with all accounting software
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Limited payment options
Only supports bank transfers and checks
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Limited reporting
Lacks advanced reporting features
Opportunities
- Can target businesses in new countries
- Can increase appeal to potential customers
- Can attract customers who prefer other payment methods
Threats
- May struggle to compete with larger and more established companies
- Could lead to decreased demand for payment services
- Changes in regulations could impact the business model
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http://plooto.com
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Review Distribution
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👍
High - rated users
The collection of data was seamless and the prompting and follow up on invoices was a good option.None mentioned.
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🤔
Average - rated users
None mentioned.The length of time to process payment. This is excessively longer than other applications.
Media
Plooto Plan
Plooto offers a monthly subscription model with three pricing tiers based on the number of transactions, starting at $25/month.
Grow Plan
32
Per Month
$32 per month
- Easily send and receive payments
- Integrate with Quickbooks Online & Desktop, and Xero
- Automate data entries and workflows
- Unlimited users and approvers
- Competitive FX rates
- Fast live support
https://www.plooto.com/plooto-pricing
Grow Unlimited
59
Per Month
$59 per month
- Everything included in the Grow plan
- Plus Free Domestic Transactions
https://www.plooto.com/plooto-pricing