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Average Ratings 0 Ratings

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features
design
support

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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 Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Acumatica Cloud ERP No 
Bar-i No 
COGS-Well No 
Craftable No 
Crunchtime No 
Jonas Club Management No 
Lightspeed Restaurant No 
Microsoft Dynamics GP No 
NetSuite No 
QuickBooks Desktop Pro No 
QuickBooks Online Advanced No 
Restaurant365 No 
Sage 300 No 
Sage Intacct No 
Square POS No 
Square Payroll No 
Square for Restaurants No 
Square for Retail No 
Xero No 
Yellow Dog Inventory No 

Integrations

Acumatica Cloud ERP Yes 
Bar-i Yes 
COGS-Well Yes 
Craftable Yes 
Crunchtime Yes 
Jonas Club Management Yes 
Lightspeed Restaurant Yes 
Microsoft Dynamics GP Yes 
NetSuite Yes 
QuickBooks Desktop Pro Yes 
QuickBooks Online Advanced Yes 
Restaurant365 Yes 
Sage 300 Yes 
Sage Intacct Yes 
Square POS Yes 
Square Payroll Yes 
Square for Restaurants Yes 
Square for Retail Yes 
Xero Yes 
Yellow Dog Inventory Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

Custom quotes given during demo
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

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 Yes 
Bank Reconciliation No 
Cash Management Yes 
Check Writing No 
Duplicate Payment Alert Yes 
Fraud Detection No 
General Ledger Entry No 
Vendor Management Yes 

Product Features

Accounts Payable

Approval Process Control Yes 
Bank Reconciliation No 
Cash Management No 
Check Writing Yes 
Duplicate Payment Alert Yes 
Fraud Detection No 
General Ledger Entry Yes 
Vendor Management Yes 

Professional Services Automation

Billing & Invoicing No 
CRM No 
Client Portal No 
Collaboration Tools No 
Document Management No 
Portfolio Management No 
Project Management No 
Proposal Generation No 
Quote Management No 
Resource Management No 
Time & Expense Tracking No 

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