Float vs. Plooto: What’s the Difference?
Choose the all-in-one tool that saves you time and earns you 4% interest.
Automate the entire Accounts Payable process
Next day payments via EFT, ACH, Wire with competitive fees
All your Corporate Cards, Reimbursements and Accounts Payable in one smart platform
Trusted by 1,000s of leading Canadian companies.†
Compare Float to Plooto
| Next-day payments from cash balance | ||
| Pay by EFT, ACH, or International wire in CAD or USD | ||
| 4% interest on cash balance in Float | ||
| Real-time spend reporting and insights | ||
| All-in-one solution for corporate cards, accounts payable and reimbursements | ||
| Pay by virtual card & earn 1% cashback* | ||
| Best-in-class OCR line item extraction |
* 1% cashback is accrued after the first 25K of monthly spend
Why choose Float over Plooto?
Automated Accounts Payable
Automatically extract all line-items with 99% accuracy using Float’s OCR. Forward bills from your inbox to automate the entire AP workflow.
Fast next-day payments
Next- day payments via Wire, EFT, ACH in CAD or USD, with competitive fees.
All-in-one platform
One solution for your corporate cards, employee reimbursements, and Accounts Payable, that saves you 7% of your total spend.
One platform to save you time and money
Float is an all-in-one platform that helps finance teams manage corporate cards, employee reimbursements, and automate Accounts Payable.
Float’s customers save on average 7% of their spend with productivity gains, time savings and competitive rewards .
The fastest way to pay bills in Canada, US, and Globally
Float is Canada’s only business finance platform for managing all non-payroll spending in one place.
“Float’s Bill Pay has become our main AP solution for Canadian business expenses. They built a product that is better than anything else on the market in Canada.”
Thomas Kwon
Head of Finance & Operations
Switch to Float — a Better Alternative to Plooto
No setup costs or contracts – apply for your Float card in minutes. Get a single solution for corporate cards, employee expense reports, and accounts payable.
Plus, 8x faster month-end and 7% average savings.
*Trademark of Visa International Service Association and used under licence by Peoples Trust Company.