Invoiced vs. Plooto

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Invoiced
Score 7.9 out of 10
N/A
Invoiced in Austin offers their invoicing and AR automation platform, providing a platform for collecting online payments or presenting electronic invoices, AR analytics, and support for subscription-based business management on higher service tiers with subscription analytics (e.g. churn, pricing plan management, etc.).N/A
Plooto
Score 9.8 out of 10
N/A
Plooto aims to supply an accounts payable and accounts receivable solution for clients that is efficient, streamlined and profitable. Boasting users among thousands of accountants, bookkeepers and firms - Plooto provides end to end AP & AR automation, with workflows and integrated electronic payments. Plooto also provides two-way sync and reconciliation with Xero and QuickBooks. The vendor states that with it, users will reduce AP & AR processes from 5 hours to just 10 minutes.N/A
Pricing
InvoicedPlooto
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
InvoicedPlooto
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
InvoicedPlooto
Considered Both Products
Invoiced
Chose Invoiced
We selected Invoiced primarily due to their purported high level of customizations and flexibility to handle differing business needs. That, unfortunately, became the exact reason we terminated the contract though. They have a basic framework for something that could be really …
Plooto
Chose Plooto
I find that Plooto has been much easier to use and set up than Paypal payments. I also like Plooto's flat rate pricing. Basically I never have to think about how I am going to get paid every month and that is very important to a small business like mine.
Best Alternatives
InvoicedPlooto
Small Businesses
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Medium-sized Companies
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Score 9.1 out of 10
Enterprises
Webexpenses
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Score 9.2 out of 10
Webexpenses
Webexpenses
Score 9.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
InvoicedPlooto
Likelihood to Recommend
6.5
(0 ratings)
9.0
(0 ratings)
User Testimonials
InvoicedPlooto
Likelihood to Recommend
I think Invoiced is great for businesses that have recurring invoices or work with the same client over and over and you can store their payment. I don't see it as a great tool for businesses that only need to invoice one client at a time.
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I only use Plooto to collect monthly payments from my clients. They set up a pre authorized debit agreement, I schedule the monthly payment, and that's it. Payment from my clients are processed automatically - I don't need to do anything further. Should something change, it is very simple to make adjustments, pause or cancel client payments.
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Pros
  • Provides integrations with credit card companies and direct debit providers like GoCardless.
  • Sales team does good demos, but be VERY careful because these demos may represent an unachievable scenario if you are a larger business or one that has more than the most basic, vanilla needs.
  • Nothing else, all other experiences with Invoiced were negative.
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  • Pre authorized debit agreement
  • Fair pricing
  • Scheduling receivables
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Cons
  • Difficult to see all missed/outstanding payments in one place
  • Difficult to issue refunds
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  • Setup can sometimes be tedious
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Alternatives Considered
We selected Invoiced primarily due to their purported high level of customizations and flexibility to handle differing business needs. That, unfortunately, became the exact reason we terminated the contract though. They have a basic framework for something that could be really great, and the potential is there, but they lack the in-house expertise and the product is far too infantile at present. Major bugs and similar issues need to be stamped out first. I can only hope they take it as a learning experience.
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I find that Plooto has been much easier to use and set up than PayPal Payments. I also like Plooto's flat rate pricing. Basically I never have to think about how I am going to get paid every month and that is very important to a small business like mine.
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Return on Investment
  • Allows us to easily track our ARs
  • Allows us to keep track of past due ARs
  • Automates our invoicing/matching with Quickbooks
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  • I don't need to worry about collections
  • I can make adjustments at any time
  • The service is priced fairly
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ScreenShots