Plooto is an easy, inexpensive way to pay your vendors.
Plooto provides ACH (automatic clearing house) services on a easy to use platform, that allows for visibility and an approval process that provides a good audit trail. All for $1.00 a payment. Less if you do more than 25 payments a month. The giant in this sphere is bill dot com but the costs are too high for clients that have minimal payments to make each month. Finally there is another option.
Do you make payments outside the U.S.? Plooto handles many international transactions as well for far less than traditional bank wires.
Many of my smaller clients want an easy way to pay vendors without have to print checks and send them around for signature. Working virtually, this can be time-consuming and inefficient. Plus paper checks are the least safe method of making payments these days. As a bookkeeper, I refuse to be a signer on my clients accounts. It is just not a wise practice. You read about bookkeepers who manage to embezzle funds right under the nose of their clients or employers. Having separation of duties is an important safety measure for all concerned.
If you would like a referral to plooto (with 25 free payments) or help setting up plooto as part of your monthly package, please contact us.