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Pleo

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Company health

Employee growth
9% increase in the last year
Web traffic
9% decrease in the last quarter
Financing
January 2024 - $471M

Ratings

Glassdoor
3.7/5
(222)

Pleo description

Pleo is a spend management software designed for mid-sized companies. It provides company cards for employees to make work purchases, eliminating the need for expense reports and reimbursements. Pleo offers real-time expense tracking, automated invoice processing, and customizable spending limits for better control over company finances. Integrations with popular accounting software streamline financial workflows. Pleo aims to reduce administrative burden and provide transparency into company spending.


Who is Pleo best for

Pleo simplifies spend management for businesses by providing company cards and automating expense reports. Users praise its ease of use and seamless accounting software integration. However, some have reported issues with the receipt finder and limited direct debit options. Pleo offers real-time expense tracking, automated invoice processing, and customizable spending limits to control company finances.

  • Ideal for small to medium-sized businesses (SMBs).

  • Suitable for a wide range of industries.


Pleo features

Type in the name of the feature or in your own words tell us what you need
Supported

Pleo provides physical and virtual corporate cards integrated with expense management software.

Supported

Pleo offers real-time expense tracking and instant transaction notifications.

Supported

Pleo tracks and categorizes expenses, aiding cash flow management via accounting software integration.

Supported

Pleo integrates with QuickBooks for automatic expense management.

Supported

Pleo supports issuing and using physical cards for business expenses.

Supported

Pleo automates invoice processing, approvals, and payments.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Neutral
+0.06

Customer Service

Rather positive
+0.61

Ease of Use

Strongly positive
+0.96

Reliability and Performance

Neutral
-0.08

Ease of Implementation

Strongly positive
+0.76

Scalability

Neutral
+0

Pleo reviews

We've summarised 1347 Pleo reviews (Pleo Software Advice reviews, Pleo GetApp reviews, Pleo TrustPilot reviews, Pleo Capterra reviews and Pleo G2 reviews) and summarised the main points below.

Pros of Pleo
  • Easy to use platform for expense and invoice management
  • Seamless integration with accounting software
  • Quick and efficient customer support
  • Provides company cards, eliminating expense reports and reimbursements
Cons of Pleo
  • Duplicate supplier invoices when used with inventory management systems
  • Receipt finder is unreliable
  • Limited direct debit collection options in the UK
  • Annoying notifications for unnecessary details

Pleo pricing

The commentary is based on 92 reviews from Pleo Capterra reviews, Pleo G2 reviews and Pleo TrustPilot reviews.

Pleo's pricing is generally considered high, especially for additional users beyond the free tier. While some users find the cost worthwhile for the features and time saved, others seek alternatives due to the per-user fees and other charges like FX fees. A free version is available, but with limited features and users.

Users sentiment

Neutral
+0.06

See the Pleo pricing page.

Essential

$39

Streamline employee expense management. Includes cards, real-time expense tracking, automated expense reports, accounting system integrations, recurring vendor management, flexible card limits, and automated review flows.

Advanced

$89

Scale spend control and efficiency across systems and entities. Includes all Essential features plus multi-entity management, advanced controls, advanced user roles and permissions, HRIS integrations, and phone support.

Beyond

$179

Master business spend with smart insights and premium support. Includes all Advanced features plus spending insights, assisted onboarding, concierge support, a customer success manager, and Spend Guidelines.


Pleo alternatives

  • Logo of Spendesk
    Spendesk
    Better for larger businesses. Has more momentum but declining employee growth. Higher rated by users. No pricing information available. Lacks UK availability. Pleo alternative; Spendesk competitor.
    Read more
  • Logo of Coupa
    Coupa
    Better for enterprise companies. Focuses on broader spend management, including sourcing and procurement. Has significantly more momentum in terms of website traffic growth.
    Read more
  • Logo of Airbase
    Airbase
    Better suited for medium-sized businesses. Has more momentum based on website traffic data. Offers AP automation and guided procurement.
    Read more
  • Logo of Pluto
    Pluto
    Better fit for larger enterprises and those located in the Middle East and North Africa. It has more momentum currently. Includes petty cash management and WhatsApp integration.
    Read more
  • Logo of Xero
    Xero
    Better for core accounting functions. More suitable for businesses prioritizing accounting over spend management. A good Pleo competitor for basic financial tracking.
    Read more
  • Logo of PayEm
    PayEm
    Better fit for larger enterprises. Has faster website traffic growth but slower employee growth. Higher average user ratings.
    Read more

Pleo FAQ

  • What is Pleo and what does Pleo do?

    Pleo is a spend management solution for small to mid-sized businesses. It offers company cards, real-time expense tracking, and automated invoice processing, eliminating expense reports. Pleo integrates with accounting software and helps businesses gain control and visibility over company spending.

  • How does Pleo integrate with other tools?

    Pleo integrates with popular accounting software like Xero, QuickBooks, and Sage. This streamlines financial workflows by automating expense management and reconciliation. It also offers various other integrations to enhance its functionality.

  • What the main competitors of Pleo?

    Pleo's main competitors include Spendesk, Coupa, Airbase, and SAP Concur. These platforms offer similar spend management features, such as corporate cards, expense tracking, and accounting integrations, catering to businesses of various sizes.

  • Is Pleo legit?

    Yes, Pleo is a legitimate spend management software. It's known for its easy-to-use platform, seamless accounting software integration, and efficient customer support. Pleo offers company cards, eliminating expense reports and reimbursements, making it a safe and efficient choice for managing business expenses.

  • How much does Pleo cost?

    Pleo offers three paid plans: Essential at $39 per month, Advanced at $89 per month, and Beyond at $179 per month. Annual billing offers a discounted price. There is no free plan or trial available.

  • Is Pleo customer service good?

    Pleo's customer service receives positive feedback overall. Users praise the quick and efficient support, particularly through the chat system. However, some have experienced difficulty reaching support or receiving follow-up on tickets.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.