Plooto

Payment Automation That Actually Works

Plooto started in Toronto in 2015 with a simple idea: business payments shouldn't involve paper checks and manual bank transfers. They got it right. Over 10,000 businesses use the platform now, and the free domestic payment model keeps costs predictable.

What You Get

The core is AP/AR automation. Set up vendor payments, schedule recurring ones, and let the approval workflow handle the rest. Bank sync pulls transactions in automatically. Two-way sync with QuickBooks and Xero means you're not entering anything twice. International payments cover 30+ currencies, though you'll pay $15 per transaction for those.

Where It Shines

The approval chain is where Plooto really earns its keep. Set dollar thresholds, assign approvers, get email notifications. No more "did you sign that check?" conversations. Batch payments save time when you're paying 20 vendors at once. The dashboard shows pending, approved, and completed payments at a glance.

The Honest Take

It's strongest in Canada. US support is solid but some features landed there later. The interface won't win design awards, but it's functional. If you're processing fewer than 10 payments a month, you probably don't need this level of automation. But once you hit 30+ monthly payments, the time savings are substantial.