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Average Ratings 0 Ratings

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features
design
support

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Write a Review

Description

LayerNext is an innovative financial operations platform designed specifically for mid-market and enterprise finance teams, leveraging AI to streamline processes. It simplifies tasks such as accounts payable, bank reconciliation, and financial reporting across diverse environments, including cloud, desktop, legacy, and tailored systems. The platform's accounts payable functionalities efficiently handle invoice data by matching it with purchase orders and receipts, facilitating approval routing, and posting verified entries into an ERP system. Additionally, reconciliation agents effectively compare transactions with bank data or uploaded statements, while comprehensive reporting workflows compile financial insights from various connected sources. Users have the flexibility to customize business rules, establish approval chains, set tolerances, and manage exception handling. Human oversight is maintained through structured approval steps and validation checks, with detailed activity records readily accessible for audits. For organizations lacking API capabilities, agents can still function effectively via the application interface. LayerNext is particularly beneficial for organizations that deal with intricate finance workflows, elevated transaction volumes, or operate legacy systems, ultimately enhancing operational efficiency and accuracy in financial management. Its ability to adapt and integrate with various systems makes it a versatile solution for modern finance teams.

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

NetSuite Yes 
QuickBooks Online Yes 
Xero Yes 
Acumatica Cloud ERP No 
Bar-i No 
COGS-Well No 
Epicor Eagle Yes 
Lightspeed Restaurant No 
Microsoft Dynamics 365 Yes 
Microsoft Dynamics GP No 
QuickBooks Online Advanced No 
Sage 100 No 
Sage 300 No 
Sage 50 No 
Sage Intacct No 
Sage X3 No 
Square Appointments No 
Square Payments No 
Square for Retail No 
Yellow Dog Inventory No 

Integrations

NetSuite Yes 
QuickBooks Online Yes 
Xero Yes 
Acumatica Cloud ERP Yes 
Bar-i Yes 
COGS-Well Yes 
Epicor Eagle No 
Lightspeed Restaurant Yes 
Microsoft Dynamics 365 No 
Microsoft Dynamics GP Yes 
QuickBooks Online Advanced Yes 
Sage 100 Yes 
Sage 300 Yes 
Sage 50 Yes 
Sage Intacct Yes 
Sage X3 Yes 
Square Appointments Yes 
Square Payments Yes 
Square for Retail Yes 
Yellow Dog Inventory Yes 

Pricing Details

299
Enterprise pricing includes an implementation fee and a recurring subscription tailored to automation scope and transaction volume.
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 No 
Android App Yes 
Windows Yes 
Mac Yes 
Linux Yes 
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) Yes 
Online Support Yes 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

LayerNext Inc.

Founded

2022

Country

United States

Website

www.layernext.ai

Vendor Details

Company Name

Ottimate

Founded

2014

Country

United States

Website

www.ottimate.com

Product Features

Accounts Payable

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