Accountants may be able to balance the books, but they can’t add hours to their day. And they need them.
Between chasing approvals, navigating compliance, juggling disconnected tools, and patching together fragmented data, it’s becoming harder for bookkeepers to surface from the rising tide of daily tasks.
Being stuck in a perpetual time crunch doesn’t just create stress. It increases the risk of costly errors, exposes firms to fines or reputational damage, and contributes to burnout and high turnover.
That’s why it’s no surprise Canadian accountants named technology their number one investment priority. Many start by automating accounts payable (AP) and receivable (AR) because unlike time, payment processes are something they can control.
Plus, automating AP and AR can save your firm reclaim once-lost hours while firming up your foundation for growth.
Manual payment processes aren’t just obsolete, they’re a colossal, unnecessary waste of time.
Firms that haven’t automated AP spend:
The top time thieves? Tracking down signatures, printing and mailing cheques, managing payments across disconnected platforms, and entering the same data multiple times, multiple places.
By automating payables and receivables, Plooto gives time back to accountants. The impact is immediate and measurable.
When their clients switch to fintech:
More importantly, 49% of accounting firms served more clients in the same amount of time.
That means more revenue potential without stretching your staff too thin or sacrificing quality.
Plooto’s automated accounts payable (AP) and accounts receivable (AR) platform doesn’t just reduce liability. It’s the secret to airtight approval trails and greater peace of mind. It eliminates manual processes and boosts efficiency without compromising security. Here’s how.
Plooto connects with QuickBooks, Xero, and NetSuite, enabling two-way, real-time syncing that eliminates double data entry and manual reconciliation. These integrations improve accuracy (goodbye, human errors) while simplifying audits, tax filings, and month-end closings.
Take Envolta. Serving clients with multiple accounting platforms meant their team had to patch together different disconnected systems and workflows. After switching to Plooto, approvals, payments, and reconciliations all happen in one place—automatically.
Manual approval chains and paper cheques can grind operations to a halt. They also invite errors (like a misplaced decimal here, a wrong amount there).
With Plooto, firms can digitize and automate:
Ditching labor-intensive workflows has paid off for Enkel. After automating AP with Plooto, Enkel saves 100 hours each month, freeing up resources and improving client service.
Thanks to Plooto’s single, centralized platform, you can standardize processes across clients, approve payments from one dashboard, and make workflows really flow. Instead of swiveling between payment systems, you’ll:
Before Plooto, manually completing complex client payment requirements held Bear Hill Bookkeeping back. Now owner Jesse Blades says Plooto has saved his team so much time, it “allows me to take on more non-profit clients.” That’s a win/win for Jesse and the community he serves.
In a survey of over 500 Canadian accountants, 58% said they save six or more hours per month with fintech. That’s up to132 hours a year—more than three full work weeks.
Beyond reclaimed time, accountants say fintech unlocks equally valuable wins:
If you’re ready to work smarter, Plooto’s a great place to start. Named “easiest to use” on G2, it’s free to try (no tech expertise required)