Plooto
Accounts receivable software
Accounts payable automation software
Remittance & money transfer software
Accounting & finance software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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$9 per month
Free Trial
Free version unavailable
Small
Medium
Large
- Agriculture, fishing, and forestry
- Professional services (engineering, legal, consulting, etc.)
- Information technology and software
What is Plooto
Plooto is a cloud-based accounts payable and accounts receivable platform that helps small and midsize businesses manage bill payments, vendor payouts, and customer collections. It supports payment workflows such as approvals and provides tools to send invoices and accept payments, with synchronization to common small-business accounting systems. The product focuses on centralizing payables, receivables, and payment execution (e.g., bank transfers) in one interface rather than operating as a full general-ledger accounting suite.
Combined AP and AR workflows
Plooto supports both paying suppliers and collecting from customers within the same system, which reduces the need to manage separate tools for disbursements and invoicing. Teams can use a single workspace for bill intake, invoice sending, and payment status tracking. This is useful for SMB finance teams that want basic end-to-end cash movement without deploying a broader enterprise finance stack.
Approval and payment controls
The platform includes approval workflows and role-based controls to help separate duties between requesters, approvers, and payers. These controls can reduce manual coordination compared with email-based approvals and ad hoc bank portal payments. Centralized audit trails around approvals and payment actions support internal oversight for small finance teams.
Accounting system synchronization
Plooto integrates with widely used SMB accounting platforms to sync vendors, bills, invoices, and payment status. This reduces duplicate data entry and helps keep the accounting ledger aligned with payment execution. For organizations that already run their books in an accounting package, this integration can simplify month-end reconciliation compared with standalone payment tools.
Not a full accounting suite
Plooto focuses on payables, receivables, and payment execution rather than providing a complete general ledger, budgeting, or advanced financial reporting. Organizations needing multi-entity consolidation, complex revenue recognition, or deep analytics typically require additional finance systems. As a result, it is best positioned as an AP/AR and payments layer alongside an accounting system.
Payment method and geography constraints
Available payment rails, currencies, and cross-border capabilities depend on the regions Plooto supports and the underlying banking/payment partners. Companies with complex international payout needs or specialized payment methods may find gaps versus providers built primarily for global money movement. Buyers should validate supported countries, currencies, and settlement timelines for their specific use cases.
Limited enterprise automation depth
While it provides workflow and approvals, it may not match the breadth of enterprise-grade automation such as advanced process mining, highly configurable orchestration, or extensive API-first payment operations. Larger organizations with complex procurement-to-pay processes may require more granular controls, custom integrations, and analytics. This can lead to additional tooling or services for advanced automation requirements.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Go | $9 per month | Only available for clients (accountant/client flow). Includes Plooto Capture (OCR), basic approval workflows (1 designated approver), automatic two-way sync with Xero & QuickBooks, invite unlimited clients and users, up to 5 domestic transactions/month from 1 connected bank account, Pay by Card (2.9%), international payments support, start free 30-day trial. Transaction highlights: Domestic/ACH fee $1; Cross-border transfer fee $19; Paper cheque $12; CRA payments $5; Domestic/ACH transaction cap $5,000; domestic transaction cap per billing cycle: 5. |
| Grow | Starting from $32 per month | Scale payment and approval operations with custom workflows (multiple rules, unlimited approvers), connect and transact from unlimited bank accounts, unlimited domestic transactions, optional payment packages to save on domestic transactions, automatic two-way sync with Xero & QuickBooks, start free 30-day trial. Transaction highlights: Domestic/ACH fee $0.50; Cross-border transfer fee $10 (foreign-exchange transfer fee waived); Paper cheque $6; CRA payments $3; Connected bank accounts: Unlimited. Optional monthly payment packages: $20/month (50 domestic txns), $35/month (100), $75/month (250). |
| Pro | Starting from $99 per month | Everything in Grow plus advanced controls (restrict changes to payment methods), single sign-on (SSO), priority customer support, controls on approval rules, Oracle NetSuite integration available as an add-on, start free 30-day trial. Transaction highlights: Domestic/ACH fee $0.50; Cross-border transfer fee $10 (FX fee waived); Paper cheque $4; CRA payments $3; Connected bank accounts: Unlimited. Optional monthly payment packages same as Grow. |
Seller details
Plooto Inc.
Toronto, Ontario, Canada
2015
Private
https://www.plooto.com/
https://x.com/plooto
https://www.linkedin.com/company/plooto/
