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Ottimate Features

What are the features of Ottimate?

Analytics

  • Due Dates
  • Payment Tracking

Invoice Management

  • Capture

Invoice Processing

  • Matching
  • Approvals
  • Batch Processing
  • Consolidation
  • Match Invoices

Integration

  • Accounting
  • Accounting
  • Account Sync

Invoice Generation

  • Templates
  • Digital Invoices
  • Recurring Invoices

Audit

  • Duplicates

Filter for Features

Administration

Accounting

Tools to track a restaurant's finances and create relevant reports based on that data. 25 reviewers of Ottimate have provided feedback on this feature.
87%
(Based on 25 reviews)

Marketing Tools

Features to aid in creating, executing, and measuring the success of a marketing strategy. 12 reviewers of Ottimate have provided feedback on this feature.
74%
(Based on 12 reviews)

Employee Management

The ability to track employee training and performance in order to better manage and schedule a restaurant's workforce. This feature was mentioned in 13 Ottimate reviews.
77%
(Based on 13 reviews)

Guest Profiles

As reported in 12 Ottimate reviews. Profiles of guests in order to measure purchasing habits and, for more high-end restaurants, track preferences, dietary restrictions, and allergies.
79%
(Based on 12 reviews)

Reporting & Analytics

As reported in 20 Ottimate reviews. Reports and analytics created from payment data.
89%
(Based on 20 reviews)

E-commerce Integration

The ability to integrate directly with an e-commerce platform in order to create a seamless checkout experience. 11 reviewers of Ottimate have provided feedback on this feature.
83%
(Based on 11 reviews)

Processing Fees

Fees associated with processing individual transactions that may be based on a percentage of the purchase or a flat rate. This feature was mentioned in 14 Ottimate reviews.
88%
(Based on 14 reviews)

POS Integration

The ability to integrate with a POS system in order to allow the processing of credit card or mobile payments in a store setting. 11 reviewers of Ottimate have provided feedback on this feature.
82%
(Based on 11 reviews)

Omnichannel

Process payments from multiple channels such as ACH, mobile, or e-commerce. 12 reviewers of Ottimate have provided feedback on this feature.
72%
(Based on 12 reviews)

Levels 1 & 2

Supports levels 1 and 2 for credit card payment processing. This feature was mentioned in 11 Ottimate reviews.
67%
(Based on 11 reviews)

Level 3

Supports level 3 credit card processing which requires additional data for qualification. 11 reviewers of Ottimate have provided feedback on this feature.
64%
(Based on 11 reviews)

Analytics

Reports & Analytics

Tools to create reports and analytics based on a variety of data and metrics collected by the platform. This feature was mentioned in 27 Ottimate reviews.
85%
(Based on 27 reviews)

Predictive Analytics

Based on 19 Ottimate reviews. AI tools to create predictive models of data based on previous data.
81%
(Based on 19 reviews)

Feedback Management

Tools to collect and respond to customer feedback collected from social media, reviews platforms, or email. 17 reviewers of Ottimate have provided feedback on this feature.
86%
(Based on 17 reviews)

Market Intelligence

Insights into general restaurant trends to compare against the user's restaurant data. This feature was mentioned in 15 Ottimate reviews.
84%
(Based on 15 reviews)

Due Dates

As reported in 29 Ottimate reviews. Track invoices based on due dates to identify overdue payments
85%
(Based on 29 reviews)

Benchmarking

Ability to compare AP automation metrics with other companies 16 reviewers of Ottimate have provided feedback on this feature.
81%
(Based on 16 reviews)

KPIs

Monitor KPIs such as time to process an invoice or erroneous payments 17 reviewers of Ottimate have provided feedback on this feature.
77%
(Based on 17 reviews)

Due Dates

As reported in 42 Ottimate reviews. Track invoices based on due dates to identify overdue payments
87%
(Based on 42 reviews)

Cashflow

Analyze variations between incoming and outgoing cash This feature was mentioned in 22 Ottimate reviews.
81%
(Based on 22 reviews)

KPIs

As reported in 24 Ottimate reviews. Monitor KPIs such as time to process an invoice or erroneous payments
74%
(Based on 24 reviews)

Payment Tracking

Track different types of payment such as deposits or partial payments 31 reviewers of Ottimate have provided feedback on this feature.
85%
(Based on 31 reviews)

Invoice Management

Capture

As reported in 38 Ottimate reviews. Provide features to capture invoices such as import or scanning
86%
(Based on 38 reviews)

Supplier Portal

As reported in 25 Ottimate reviews. Allow suppliers to submit invoices using an online portal
81%
(Based on 25 reviews)

Repository

Deliver a central repository of AP documents, such as POs and invoices 31 reviewers of Ottimate have provided feedback on this feature.
88%
(Based on 31 reviews)

Invoice Processing

Matching

Ability to match AP invoices to POs, contracts, or payments This feature was mentioned in 33 Ottimate reviews.
87%
(Based on 33 reviews)

Payments

Based on 22 Ottimate reviews. Identify incomplete or late supplier payments
84%
(Based on 22 reviews)

Workflows

Based on 29 Ottimate reviews. Include workflows for approvals and invoice processing
89%
(Based on 29 reviews)

Tax Compliance

Comply with local and global tax regulations for collections 20 reviewers of Ottimate have provided feedback on this feature.
76%
(Based on 20 reviews)

Approvals

Include workflows for approvals of invoices or payments This feature was mentioned in 53 Ottimate reviews.
90%
(Based on 53 reviews)

Batch Processing

Process multiple invoices without human intervention 53 reviewers of Ottimate have provided feedback on this feature.
86%
(Based on 53 reviews)

Consolidation

Allow users to consolidate multiple invoices into one This feature was mentioned in 46 Ottimate reviews.
84%
(Based on 46 reviews)

Match Invoices

As reported in 47 Ottimate reviews. Match invoices with purchases and sales orders, as well as with payments
83%
(Based on 47 reviews)

Integration

Accounting

Based on 34 Ottimate reviews. Provide integration with accounting and financial management software
91%
(Based on 34 reviews)

Payment Integration

Integrate with payment gateways and enterprise payments software 21 reviewers of Ottimate have provided feedback on this feature.
88%
(Based on 21 reviews)

ERP

Based on 18 Ottimate reviews. Deliver integrations with accounting modules of ERP systems
85%
(Based on 18 reviews)

Accounting

As reported in 48 Ottimate reviews. Provide integration with accounting and financial management software
88%
(Based on 48 reviews)

Payments

Integrate with payment gateways and enterprise payments software 31 reviewers of Ottimate have provided feedback on this feature.
86%
(Based on 31 reviews)

ERP

Deliver integrations with accounting modules of ERP systems This feature was mentioned in 28 Ottimate reviews.
83%
(Based on 28 reviews)

Account Sync

Sync with company accounts to transfer payments for approved invoices 35 reviewers of Ottimate have provided feedback on this feature.
83%
(Based on 35 reviews)

Invoice Generation

Templates

Provide standard invoice templates that can be customized by users This feature was mentioned in 34 Ottimate reviews.
76%
(Based on 34 reviews)

Digital Invoices

Based on 48 Ottimate reviews. Ability to convert invoices to digital formats such as PDF
83%
(Based on 48 reviews)

Recurring Invoices

Automatically generates invoices at pre-defined time intervals 37 reviewers of Ottimate have provided feedback on this feature.
78%
(Based on 37 reviews)

Payment Processing

Encryption

As reported in 18 Ottimate reviews. Built-in security to protect payment information in order to prevent fraud and hacking.
85%
(Based on 18 reviews)

Credit Card Processing

The ability to process credit card payments and receive approval or denial of funds from the customer's bank. 13 reviewers of Ottimate have provided feedback on this feature.
69%
(Based on 13 reviews)

Mobile Payments

The ability to process mobile payments from a mobile wallet or other mobile phone payment app. 12 reviewers of Ottimate have provided feedback on this feature.
63%
(Based on 12 reviews)

Digital Wallet Integration

The ability to process payments from a digital wallet service or other digital payment method. This feature was mentioned in 11 Ottimate reviews.
61%
(Based on 11 reviews)

Payment Options

Multi-Currency

Allows users to process payments in multiple currencies.

Not enough data

Online payment portalView full feature definition

See feature definition
Provides an online portal where customers can make payments. 13 reviewers of Ottimate have provided feedback on this feature.
91%
(Based on 13 reviews)

Security

POS Verification

As reported in 12 Ottimate reviews. Support cardholder verification methods for POS transactions.
75%
(Based on 12 reviews)

Platform

Accounting integration

As reported in 24 Ottimate reviews. Provide integration with accounting software and ERP systems.
93%
(Based on 24 reviews)

E-commerce Integration

As reported in 12 Ottimate reviews. Provide integration with B2B and B2C e-commerce platforms
83%
(Based on 12 reviews)

Risk

Analysis

As reported in 24 Ottimate reviews. Reduces future risks through root cause analysis and process improvement
86%
(Based on 24 reviews)

Identification

As reported in 26 Ottimate reviews. Reduces frequency of errors, identifies risk and improves efficiency
81%
(Based on 26 reviews)

Scoring

Based on 20 Ottimate reviews. Scores suppliers and employees based on risk factors
83%
(Based on 20 reviews)

Recovery

Recoup

As reported in 17 Ottimate reviews. Identifies and recoups funds and prevents errors from happening again
81%
(Based on 17 reviews)

Reporting

Offers reporting to aid in minimizing future lost profits and process breakdown This feature was mentioned in 18 Ottimate reviews.
81%
(Based on 18 reviews)

Audit

Filters

Includes a library of audit-tested filters to identify AP outliers that are outside company policy 24 reviewers of Ottimate have provided feedback on this feature.
87%
(Based on 24 reviews)

Post Audits

Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims 18 reviewers of Ottimate have provided feedback on this feature.
82%
(Based on 18 reviews)

Overpayments

As reported in 22 Ottimate reviews. Detects and prevents a wide range of overpayment errors
81%
(Based on 22 reviews)

Duplicates

Detects and prevents a wide range of duplicate payments This feature was mentioned in 38 Ottimate reviews.
92%
(Based on 38 reviews)

Fraud

Vendor Checks

As reported in 18 Ottimate reviews. Enables automatic checks of new vendors being set up in the system to combat potential billing schemes
83%
(Based on 18 reviews)

Data Generation

Generates comprehensive data needed to conduct a thorough investigation 20 reviewers of Ottimate have provided feedback on this feature.
84%
(Based on 20 reviews)

Monitoring

As reported in 20 Ottimate reviews. Provides continuous, proactive fraud monitoring across multiple systems and data formats
83%
(Based on 20 reviews)