For 2D cutting, just use V Carve. It's much simpler, and should be faster.
You could also just create a Sketch in Fusion 360, and do your CAM from the sketch. But imo, V Carve is much simpler.
I'm assuming you are using a carbide tipped router bit?
An endmill is a term usually describing a spiral metal cutting bit. A spiral router bit will look exactly like an endmill, but the cutting geometry is slightly different. Router bit manufacturers do not call their spiral router bits endmills.
A spiral router bit is capable of cutting at much higher feedrates than a carbide tipped straight bit, but is much more expensive. Plywood can be very hard on bits. You really need to experiment to find the tooling that works best for your application.