Be cautioned that m/s gets used to describe two things...
First and most classically is a mic'ing technique that enables the ambient track to cancel completely from the sound when played on a mono system. This was most important when more than half of all listeners listened in mono. It is still commonly used and should be learned so you know it is a choice to be considered. This requires a figure eight patterned Mic and another.
The other meaning is for things like the lp EQ. Really, this is a goofy term for what is happening. People often don't realize how much it can help a mix to bring up the opposite channel, phase inverted, in the one channel and vice versa. Doing this with EQ can help reduce center volume and emphasize the differences in the tracks. This is usually done in the mastering stage.
These two things have very little to do with each other, but both result in polarity inverted material in opposing stereo tracks.
This means that both have significant canceling when played on a mono system.
Lastly, for the first type, no plugin is required. It is just a routing solution.