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Plooto

Brand: Plooto

  • 4.2

  • 3 Ratings

Plooto is an accounts payable and receivable automation platform that manages timely payments and cash flow management.

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$9

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Starting at $9

Plooto Software Overview

What is Plooto?

Plooto is an all-in-one accounts payable and receivable automation platform. It is used by businesses to simplify payment processes and manage cash flows accurately. It helps in invoicing, payment making, payment tracking, reconciliation by automating various tasks. It integrates with accounting software, manages customer information and enables payment and receivables accurately. The platform provides a user-friendly interface that allows it to manage customers, make timely payments, manage receivables and secure financial information.

Plooto provides automated invoicing and recurring payments for managing accounts receivable processes. It imports all contacts and invoices, and supports various payment methods such as ACH, EFT, and credit cards for making secure payment on time. The platform also provides real-time payment tracking, monitor cash flow, and send automated follow-ups for payment dues. It supports direct bank-to-bank payments, generates payment reports, customizes invoices with branding, sets payment terms, and easily tracks payment status. In this way it ensures smooth management of automated payment and account receivable processes.

Why choose Plooto Account Receivable Software?

  • Automated invoicing: It simplifies invoice creation and scheduling, supports invoice customization and reduces manual entry errors speeding up payment collections.
  • Recurring payments: Automates regular payment collections from clients, and supports a single platform for making payment ensuring timely transactions.
  • Payment tracking: Tracks pending and completed payments in real time, giving detail on cash flow information without manual effort.
  • Integrations: Syncs with accounting software like QuickBooks and Xero, to support accurate, automated reconciliation and minimizing data entry errors.
  • Multiple payment methods: Supports ACH, EFT, and credit card, direct bank-to-bank payments methods providing flexibility and faster transactions.
  • Automates AR process: It automates the entire accounts receivable workflow, from invoicing to payment tracking, reducing manual efforts.

Benefits of Plooto

  • Time-saving automation: It supports automation of invoicing, payment tracking, and reconciliation, that helps to free up time for other critical tasks.
  • Improved cash flow: With timely reminders and faster payments with flexible methods like credit cards, ACH, and EFT it helps to improve cash flow.
  • Error reduction: Integration with accounting software ensures accurate financial data, minimizing manual errors and reconciliation issues.
  • Better security: It supports high-level encryption and secure payment processing to protect sensitive financial information throughout transactions.
  • Single platform: Helps to manage both making and receiving payments in one place, simplifying cash flow management.
  • Scalable workflows: Supports customization of different processes allowing businesses to adapt and scale their accounts payable and receivable systems on need.

Pricing of Plooto

Plooto price in India starts at $9. Plooto comes with multiple pricing plans and caters to the diverse customer base.

For subscription-related details and offers on premium packages, please request a call back from our product experts.

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Plooto Company Details

Founded Year:  2015

Plooto is a payment management platform for small and medium-sized businesses that helps to automate and streamlines their payments.

Director/Founders Hamed Abbasi, Serguei Kloubkov
Company Size 101-500 Employees

Plooto Pricing & Plans

Go
Starting at $9
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Only available for clients

  • Streamline invoice processing with Plooto Capture

  • Set basic approval workflows

  • Work with 1 accountant user

Grow
Starting at $32
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Streamline invoice processing with Plooto Capture

  • Set basic approval workflows

  • Work with unlimited accountant user

Plooto Features

  • icon_check Bank Reconciliation
    Automatically reconcile payment transactions with accounting records to reduce errors and simplify financial reporting.
  • icon_check Contact Management
    Manage customer, client, and vendor information centrally to simplify payment processing and financial operations.
  • icon_check Automated Payments
    Manages and automates invoicing, recurring payments, and payment processing, reducing manual efforts.
  • icon_check Multi Currency Support
    Helps in global transactions by handling multiple currencies, ensuring international payments and conversions.
  • icon_check Third Party Integration
    Sync with accounting software and other tools, for better operations and ensuring accurate data across systems.
  • icon_check Collaborative Workflows
    Enable team members to review, approve, and manage payments from different locations for better efficiency.
  • icon_check Payment Tracking
    Track pending, completed, and overdue payments in real-time, for visibility and timely action on outstanding invoices.
  • icon_check Invoice Management
    Easily create, manage, and send invoices, ensuring consistency and accuracy in billing.
  • icon_check Secure Transactions
    Protect financial data with advanced encryption, to secure financial information from threats and hackers.
  • icon_check Reporting & Analytics
    Generate detailed financial reports, gain insights into cash flow, and improve decision-making with actionable data.
  • icon_check Recurring Payments
    Schedule recurring payments and automate regular customer collections for subscriptions, retainers, and ongoing services.
  • icon_check Payment Processing
    Process business payments securely through supported electronic payment methods, including ACH and EFT transfers.
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Plooto Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows MacOS MacOS Linux Linux
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based
Suitable For
All Industries
Business Specific
All Businesses
Business Size
Small Business Startups Medium Business Enterprises
Customer Support
Email Communities
Language
English
Training Resources
Videos
Technology
Next Generation

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Plooto Review

4.2

Out of 5

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Overall Rating

Based on
3 Verified Ratings

Rating Breakdown

  • Features 4.5
  • Value for Money 3.6
  • Ease of Use 4.5
  • Customer Support 4.3

90% Recommend this Product

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Articles for Plooto

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Who uses Plooto and for what purpose?

Plooto is used by businesses, accounting firms, and finance teams for automating payment processes and improving cash flow management.

Does Plooto offer a demo for new users?

Yes, Plooto provides a free trial and demo to help new users explore the platform’s features. It can be accessed by consulting at Techjokcey.

On which operating systems can Plooto Account Receibvable Software run?

Plooto is a cloud-based platform, accessible on any device with an internet connection and modern web browser and thus is compatible with all operating systems.

How are invoices managed on Plooto?

Plooto enables users to create, send, and manage invoices, automatically reconciling them with received payments.

What are the reporting and analytics capabilities in Plooto?

Plooto account receivable software provides customizable reports and analytics for cash flow, payment status, and financial performance insights.

What types of payments can be processed using Plooto?

Plooto supports ACH, EFT, credit card payments, and international transfers for both receivables and payables.

Does Plooto offer bank-to-bank transfers?

Yes, Plooto supports secure bank-to-bank transfers through ACH and EFT for smooth payments between accounts.

Can I use Plooto for both accounts payable and receivable?

Yes, Plooto handles both accounts payable and receivable, managing cash flow management and client payment in one platform.

Does Plooto provide payment receipts?

Yes, Plooto generates receipts for every payment, ensuring clear records for accounting and audits.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.