Plate IQ (now Ottimate)
The smartest way to manage accounts payable.
Overview
Plate IQ, which has rebranded as Ottimate, is an accounts payable automation platform that helps restaurants and other businesses streamline their invoice and bill payment workflows. The platform uses AI to extract line-item data from invoices, eliminating manual data entry and providing valuable insights into spending.
✨ Key Features
- AP Automation
- Invoice Management
- Bill Pay
- Spend Management
- Reporting & Analytics
🎯 Key Differentiators
- Advanced AI for line-item data extraction
- Strong focus on the hospitality industry
- End-to-end AP automation, from invoice capture to payment
Unique Value: Automates the entire AP process, saving time and money while providing valuable insights into spending.
🎯 Use Cases (4)
✅ Best For
- Reducing invoice processing time by up to 80%
- Eliminating late payment fees
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Businesses with very low invoice volume
🏆 Alternatives
Offers more accurate and detailed line-item data extraction than many other AP automation solutions.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Varies tier)
🔒 Compliance & Security
💰 Pricing
Free tier: N/A
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