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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.

Description

Our Invoice Automation solution enhances and simplifies operational workflows, effortlessly integrating with your Financial Management System (FMS) to smartly digitize your invoice handling. Utilizing advanced capture technology, our system reads, interprets, verifies, and validates invoices before they are automatically recorded in your purchase ledger. By leveraging Cloud-connected Invoice Automation, we revolutionize the processing of purchase invoices and accounts payable. This allows you to automate tedious tasks and empower team members to extract greater value from your finance operations. Many organizations face challenges with efficiency due to outdated manual processes that hinder overall business performance. By embracing automation, companies can unlock significant value through intelligent process improvements. Labor-intensive manual methods can lead to errors and high costs, which place undue strain on finance teams across various industries. Our Invoice Automation is crafted to alleviate concerns regarding your business performance and enhance overall productivity. With our solution, you can focus on strategic initiatives rather than getting bogged down by administrative tasks.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Acumatica Cloud ERP
Bar-i
COGS-Well
Craftable
Crunchtime
Jonas Club Management
Microsoft Dynamics GP
NetSuite
QuickBooks Desktop Pro
QuickBooks Online
QuickBooks Online Advanced
Restaurant365
Sage 100
Sage 50
Sage Intacct
Sage X3
Square Appointments
Square POS
Square Payroll
Square for Restaurants

Integrations

Acumatica Cloud ERP
Bar-i
COGS-Well
Craftable
Crunchtime
Jonas Club Management
Microsoft Dynamics GP
NetSuite
QuickBooks Desktop Pro
QuickBooks Online
QuickBooks Online Advanced
Restaurant365
Sage 100
Sage 50
Sage Intacct
Sage X3
Square Appointments
Square POS
Square Payroll
Square for Restaurants

Pricing Details

Custom quotes given during demo
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

Ottimate

Founded

2014

Country

United States

Website

www.ottimate.com

Vendor Details

Company Name

V1

Founded

1989

Country

United Kingdom

Website

www.wearev1.com/solutions/invoice-automation/

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

Product Features

OCR

Batch Processing
Convert to PDF
ID Scanning
Image Pre-processing
Indexing
Metadata Extraction
Multi-Language
Multiple Output Formats
Text Editor
Zone Selection Tool

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