Overview
A Plooto payment solution offers businesses a robust platform for managing accounts payable and receivable, streamlining financial operations through automation and integration. This system is designed to simplify the complexities of business payments, ensuring efficiency and accuracy in financial transactions.
Integrating Plooto with existing accounting software, such as QuickBooks, further enhances its capabilities, providing a comprehensive tool for financial management.
- Core Functionality: The Plooto payment solution automates various aspects of payment processing, from vendor payments to customer invoicing, reducing manual effort and potential errors.
- Integration Benefits: Seamless integration with platforms like QuickBooks allows for synchronized financial data, offering a unified view of cash flow and improved financial oversight.
- Security and Compliance: Plooto prioritizes the security of financial transactions, employing advanced encryption and compliance measures to protect sensitive business data.
- Efficiency Gains: By automating routine tasks, businesses can significantly cut down on the time spent on payment processing, freeing up resources for more strategic activities.
Streamline Your Business Payments with KWB and Plooto
Plooto is the simplest and most effective way to streamline AP and AR transactions and it works within QuickBooks Online. (QBO)
the only fee is a $1/transaction fee
Benefits:
- No banking or other personal information needed.
- Records the transaction automatically in QBO.
- Easily send and receive payment (an email is all that is required).
- Completely free to sign up
- No monthly fees, the only fee is a $1/transaction fee or $9.99 for international payments.
- Reconciles a large number of transactions
- Maintains a full audit trail
- Multi-user Remote approvals
- Assign custom user permissions
- Schedule payments in advance
Bill payments:
Plooto’s integration allows you to process payments quickly and seamlessly. Once bills are created or updated in QuickBooks online, you simply log into Plooto and process multiple transactions as desired and there is even the option to make partial bill payments if desired. Once payment has been submitted, funds are deposited directly into your payee’s bank account and you will get real time notification at each step of the process. Plooto automatically records your payments in QuickBooks, making it timely and error free.
Receiving money from Customers:
You can also use Plooto for collecting accounts receivable. Collecting accounts receivable using Plooto is convenient, secure and up to three times faster. Funds are directly deposited into your account with real time notification and without any transaction fees.
For more detailed information on Plooto please call KWB at 780-466-6204 or email us by clicking here.
Thanks to Sana Arbadzada of KWB Chartered Accountants for providing this content.