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Description

Enhancing supplier relationships is crucial for maintaining a competitive edge, and achieving complete traceability of your invoices is essential in this endeavor. If you’re contemplating a digital transformation of your business processes, prioritizing accounts payable (AP) automation is key. Efficient supplier invoice management significantly contributes to business continuity and expansion. Moreover, relying on manual data entry introduces the risk of human errors, which can lead to unnecessary expenses and efforts for correction. The traditional invoice management process often entails excessive paperwork and delays in invoice approvals, as it necessitates inter-departmental reviews before an invoice can receive final payment approval. In a manual processing environment, achieving traceability can be particularly challenging, resulting in potential oversight of submitted invoices. The burdensome nature of manual workloads typically demands a larger AP team, which can cause significant delays in vendor payments. This situation can ultimately lead to late payment fees becoming a common occurrence. Furthermore, the resulting delays and discrepancies in vendor payments can create inaccuracies in cash flow management, which is detrimental to overall financial health. Transitioning to an automated system not only mitigates these challenges but also streamlines the entire invoicing process, ensuring timely payments and fostering stronger supplier partnerships.

Description

Ottimate (formerly Plate IQ), the leading AI for AP automation, is a product of Ottimate. Ottimate, an AI-powered AP automation, provides a smarter, more efficient way for AP managers to manage the invoice lifecycle. This includes controllers, CFOs, and approvers. Ottimate's deep learning capabilities allow it to understand your business and AP processes down to the line item, supporting a customized approval and payment workflow. Ottimate eliminates over 90% manual accounting processes and provides insights into invoices, spending and expenditures. This helps finance professionals discover growth opportunities. This allows CFOs to make better strategic decisions and improve the day-to-day of their entire team.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Acumatica Cloud ERP
COGS-Well
Craftable
Crunchtime
Microsoft Dynamics GP
NetSuite
QuickBooks Online
Restaurant365
Sage 100
Sage 300
Sage 50
Sage Intacct
Sage X3
Square Appointments
Square POS
Square Payments
Square Payroll
Square for Restaurants
Square for Retail
Yellow Dog Inventory

Integrations

Acumatica Cloud ERP
COGS-Well
Craftable
Crunchtime
Microsoft Dynamics GP
NetSuite
QuickBooks Online
Restaurant365
Sage 100
Sage 300
Sage 50
Sage Intacct
Sage X3
Square Appointments
Square POS
Square Payments
Square Payroll
Square for Restaurants
Square for Retail
Yellow Dog Inventory

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Arista Consulting

Founded

2014

Country

United States

Website

aristaconsultingus.com

Vendor Details

Company Name

Ottimate

Founded

2014

Country

United States

Website

www.ottimate.com

Product Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Product Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Professional Services Automation

Billing & Invoicing
CRM
Client Portal
Collaboration Tools
Document Management
Portfolio Management
Project Management
Proposal Generation
Quote Management
Resource Management
Time & Expense Tracking

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