Paul manages AP for a nonprofit organization.
Each bill needs two signatures — from board members who work remotely — before the bill can be paid . Paul inputs the bills into his accounting software, which imports them automatically into Plooto. Board members are notified by email, and log into Plooto and approve the payment online — even on their phone, even on the road.
Once both approvals are received, Plooto makes the electronic payment and reconciles the accounting records. Plooto also keeps the audit trail, indicating who approved what.
The organization avoids payment bottlenecks while controlling their spending, and Paul doesn't have to run around getting signatures on checks.