Delving into the detailed explanation of what the Platinum SEO plugin does, the foremost function is assisting with meta tag generation. These meta tags carry critical information about the webpage content and aid the search engines in indexing. Platinum SEO efficiently generates precise meta keywords and descriptions in line with SEO's guide. It aids in authoring the title, ensuring that it is effectively optimized with the relevant keywords to make content search-friendly. The plugin also ensures the prevention of duplicate content, a common issue among numerous WordPress sites. This is achieved by canonical URLS which Platinum SEO automatically sets to avert potential Google penalties due to content duplication.

It is evident, Platinum SEO encompasses an all-around functionality to improve SEO performance. Its abilities stretch beyond meta tags and content optimization, as it also optimizes posts, pages, and categories. Custom post types, such as articles, blogs, slideshows, etc., can be optimized efficiently utilizing the Platinum SEO plugin. It provides options for ‘nofollow’ and ‘noindex’ for individual posts and pages, giving the user complete control over the search engines' indexing process. Furthermore, it supports pagination, which exhibits to be of remarkable help when the website has multi-page posts or lists as it improves the site structure for search engines.

Platinum SEO is also proficient at redirection management. It facilitates simple 301 redirections, imperative for maintaining URL efficacy when a site's permalinks are updated or changed. The absence of such redirection would result in the infamous '404 Not Found' error. Also, Platinum SEO supports SEO for custom taxonomies, which allows the user to group posts and queries together. Moreover, the plugin offers compatibility with other plugins and WordPress themes, making it a versatile choice for diverse website configurations.