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Plate IQ

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117 reviews
  • 1 profiles
  • 4 categories
Average star rating
4.6
Serving customers since
2014
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Ottimate

117 reviews

Ottimate (formerly Plate IQ) is AP automation AI that provides a smarter way for AP managers, approvers, controllers, and CFOs to work through the entire invoice lifecycle. With mature deep learning capabilities, Ottimate gets to know your business and AP process down to the line-item, supporting a custom approval and payment workflow. Ottimate not only eliminates over 90% of the manual accounting process, but also provides insights into invoices and spend, helping finance professionals uncover opportunities for growth. This means more strategic business decisions for CFOs and a better day-to-day for the entire team. Don’t just digitize AP. Ottimate it. Other software just digitizes the same painful, manual process. Ottimate is the AP automation AI that works with you and for you across the entire invoice lifecycle. AI That Understands Your Invoices Inconsistent formats. Unfamiliar abbreviations. Line item details. Ottimate can translate it all to your general ledger – so spot on you’ll say: “Wow, it actually knew what that invoice meant!” Ottimate’s Always Talking With Your ERP Never backfill your accounting or AP system again. With deep integration capabilities, detailed mapping, and source documentation links, Ottimate keeps everything up to date in both directions. AP That Pays You Back Paying bills won’t grow your bottom line – unless you Ottimate your payments. Boost cash flow by capitalizing on vendor-sponsored early payment discounts, eliminating unapproved invoice spend, and earning cash back with virtual cards. Workaround-Free Approvals Don’t settle to work any other way but yours. Ottimate instantly routes invoices through a custom approval workflow based on your line-item rules, no matter how complex. End-to-End AI for a Better Day-to-Day All companies have to do AP, but no single AP process is the same. Ottimate fits into your team’s unique dynamic – and works overtime so you don’t have to. Your AI-Powered Payment Partner Approve and schedule payments via check, ACH or virtual card – in a single click. While you’re at it, Ottimate will dig for discrepancies, monitor for missing invoices, and share real-time spend visibility, so you can make fast and informed decisions.

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3

Plate IQ Reviews

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Profile Name
Star Rating
90
21
3
0
3
Roy C.
RC
Roy C.
08/10/2023
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review

Simplifies and automates Accounts Payables

1. Totally streamlines your Accounts Payables 2. Able to analyze reports generated via invoices processed through Plate IQ 3. All invoice records are in one place for future reference
MH
Mary H.
08/10/2023
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review

Plate IQ works great!

Easy to use, so you don't have to be an accountant to process invoices. Features include accruals, approval reminders, notes, and history
RR
Rick R.
08/10/2023
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review

Game Changer

Plate IQ is a game changer from an AP efficiency standpoint. Between the scanning entry feature and ability to give vendors a unique emails address for invoice submissions, your data entry time for invoices decreases significantly in a measurable and material way.

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HQ Location:
San Francisco, US

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@ottimate_ap

What is Plate IQ?

Plate IQ specializes in streamlining the invoice processing and accounts payable workflows for the restaurant and hospitality industries. Their platform automates the capture and reconciliation of invoices, enabling businesses to enhance operational efficiency, reduce errors, and gain better visibility into their financial data. With a focus on improving financial management, Plate IQ supports establishments in managing their costs effectively while simplifying the overall invoicing process.

Details

Year Founded
2014