Plooto is a comprehensive payment automation solution designed to streamline cash management processes for businesses, accounting firms, and finance teams. Its robust feature set includes automated accounts payable and receivable management, international payments, and seamless integration with popular accounting software, making it an ideal choice for companies looking to optimize their financial workflows.

What are the main features of Plooto?

Automated Accounts Payable and Receivable

Plooto simplifies your entire accounts payable and receivable process through automation, reducing manual errors and improving payment efficiency. This feature allows businesses to focus more on growth rather than financial operations.

• Automate the full cycle of payment processing.
• Get paid faster and reduce payment processing mistakes.
• Schedule payments, automate approvals, and manage cash flow effectively.

Seamless Integration with Accounting Software

Plooto integrates effortlessly with popular accounting software, ensuring that your payment and reconciliation processes are always up-to-date and error-free. This two-way sync reduces the time spent on manual data entry and helps maintain accurate financial records.

• Integrate with QuickBooks, Xero, and NetSuite.
• Automate payment reconciliation and bookkeeping tasks.
• Eliminate double entries and ensure data consistency.

Comprehensive Payment Options

Plooto provides a variety of payment options that help businesses handle both domestic and international transactions seamlessly. Whether it's online check payments or credit card acceptance, Plooto ensures a smooth and secure payment experience.

• Process payments via online checks, ACH transfers, or credit cards.
• Handle international payments with competitive exchange rates.
• Centralize payment workflows across multiple locations and entities.

Advanced Invoice Management

With automated invoice management, Plooto minimizes manual involvement in the invoicing process, enabling businesses to focus on more strategic financial tasks.

• Set up recurring invoices and payment reminders.
• Automatically match invoices with payments.
• Reduce human error and streamline the invoicing process.

Enhanced Cash Flow Visibility and Control

Plooto offers enhanced visibility into cash flow, helping finance teams track payments and manage their financial status across all business units.

• Centralized dashboard for real-time cash flow monitoring.
• Automate workflows and approvals to reduce delays.
• Gain insights into cash flow patterns and trends.

Specialized Features for Canadian Businesses

Plooto supports Canada Revenue Agency (CRA) payments, making it easy for Canadian companies to manage their government remittances directly through the platform.

• Pay payroll deductions, GST/HST, and corporate taxes.
• Centralize government remittances alongside other payments.
• Ensure compliance and streamline tax-related payments.

Secure and Scalable for Growing Businesses

Plooto is built to scale with your business, offering secure and reliable solutions that grow with your needs.

• Multi-user access with approval workflows.
• Add and manage payees and company users easily.
• Leverage Plooto’s security features and authentication methods.

Plooto’s all-in-one cash management platform is designed to meet the needs of businesses, accounting firms, and finance teams, making it a go-to solution for those looking to automate and streamline their financial operations.