Ottimate 2026: Benefits, Features & Pricing

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Overview
User Interface
Popular Alternatives
Pricing and Plans
Features
Integrations
User Reviews
Popular Comparisons

Overview

Ottimate

4.0

(57)

Pricing

Pricing available upon request

About Ottimate

Plate IQ’s end-to-end AP automation software utilizes advanced AI and machine learning to digitize invoices with line-item detail, automatically coding and routing them into a workflow that tracks and sends approved payments directly to your suppliers, in one platform - integrating directly with your ERP.

Gain security, visibility, and complete control throughout the entire AP process with robust coding, routing, and approval policies that can be configured by user, vendor, GL, dollar amount, and more. Your imagination is the only limitation to the complexity of your routing, approval, and payment process with Plate IQ.

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Ottimate User Interface

Popular Ottimate Alternatives

Main Product

Ottimate

4.0

(57)

Ratings Breakdown

4.12Ease of use
4.0Value for money
3.98Customer support
3.89Functionality

Pricing

Available upon request

Get Price

Alternative Product

PayPal

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Ratings Breakdown

4.64Ease of use
4.52Value for money
4.25Customer support
4.56Functionality

Pricing

Available upon request

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Alternative Product

QuickBooks Online

4.3

(8371)

Ratings Breakdown

4.24Ease of use
4.16Value for money
4.00Customer support
4.27Functionality

Pricing

Starting at $38.00 per month

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Alternative Product

Bookipi

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(176)

Ratings Breakdown

4.79Ease of use
4.75Value for money
4.57Customer support
4.64Functionality

Pricing

Available upon request

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Alternative Product

Xero

4.4

(3265)

Ratings Breakdown

4.36Ease of use
4.25Value for money
4.04Customer support
4.30Functionality

Pricing

Starting at $25.00 per month

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Alternative Product

QuickBooks Enterprise

4.5

(20605)

Ratings Breakdown

4.31Ease of use
4.30Value for money
4.14Customer support
4.40Functionality

Pricing

Starting at $2210.00 per year

Get Price

Ottimate Pricing and Plans

Starting price: Connect with an advisor for pricing

Free Trial

Free Version

Essential

Pricing available upon request

Plan includes:

Instant Capture & Core
Header & Line Item Dimensions
Up to 3 Entities
Location & Entity Routing
Single Person Approval
Default Roles
Reporting
Unlimited Users
MFA

Enhanced

Pricing available upon request

Plan includes:

Up to 10 Entities
Instant Capture & Core
Unlimited Custom Dimensions
Location & Entity Routing
Multi-Level Approvals
Custom Roles
Enhanced Reporting
Unlimited Users
Success Support
MFA

Enterprise

Pricing available upon request

Plan includes:

Up to 100 Entities
Instant Capture & Core
Unlimited Custom Dimensions & Branching Dimensions
Location & Entity Routing, Group Routing & Custom Rules
Multi-Level Approvals
Custom Roles
Custom Reporting
Unlimited Users
Dedicated Customer Success Manager
SSO - SAML Enabled + MFA

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Ottimate Features

Popular features found in Accounts Payable
ACH Payment Processing
Audit Trail
Compliance Management
Document Management
Duplicate Payment Alert
ERP integration
Expense Tracking
Mobile Access
Multi-Currency
Process/Workflow Automation
More features of Ottimate
Access Management
Accounting
Accounting Integration
Activity Dashboard
Activity Monitoring
Aging Tracking
Alerts/Notifications
API
Approval Process Control
Approval Workflow
Billing & Invoicing
Cash Management
Check Writing
Customizable Reports
Data Import/Export
Data Security
Electronic Funds Transfer
Electronic Payments
Financial Transaction Approval
Fraud Detection
General Ledger
Inventory Management
Invoice Processing
Online Payments
Payment Fraud Prevention
Purchase Order Management
Purchase Order Reconciliation
Real-Time Analytics
Real-Time Data
Real-Time Reporting
Real-Time Updates
Recurring Payments
Reporting/Analytics
Reporting & Statistics
Spend Analysis
Supplier Management
Third-Party Integrations
Vendor Management
Workflow Management

Ottimate Integrations

QuickBooks Online

Sage Intacct

QuickBooks Online Advanced

NetSuite

Xero

AccountEdge

See all 9 integrations

Ottimate User Reviews

Overall Rating

4.0

Ratings Breakdown

49%

30%

12%

Secondary Ratings

Ease of Use

4.1

Value for money

4.0

Customer support

4.0

Functionality

3.9

Eric C.

Verified reviewer

Hospitality

1001-5000 employees

Used daily for less than 12 months

Review source

Reviewed March 2024

Big Time Saver

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Automated the invoice capture process, cut AP time significantly

Cons:

Need to work on ability to capture additional data (i.e. utility usage) for other necessary analysis.

Reasons for switching to Ottimate

Create efficiencies in and automate the AP process

Joe H.

Verified reviewer

Hospitality

51-200 employees

Used daily for less than 12 months

Review source

Reviewed December 2021

PlateIQ has been a game changer!

With our company growing and adding more hotels, having an online, centralized AP solution has been a game changer. Adding new hotels has been an easy process and getting the data into our accounting software has been a breeze.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The best part of PlateIQ is having centralized access to all our company's invoices. A close second is having online approval capabilities.

Cons:

I feel like some of the reporting is a little lacking. I would love to be able to easily pull a GL account and see what all was spent in there but I don't believe that can be done very easily.

Reasons for choosing Ottimate

PlateIQ's ability to read individual invoice detail was what set it apart. No other solution does this.

Anne Marie D.

Verified reviewer

Hospitality

51-200 employees

Used daily for less than 2 years

Review source

Reviewed December 2021

PlateIQ

I summarized some of this on the prior page. Overall customer support is weak due to a lack of training and timely responses. I assume due to lack of staffing. I am concerned with a focus on revenue management that will take away work on fixing current issues.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Convenience and cloud based; integrated to accounting and inventory system, ACH, checks in system and vendor rebates

Cons:

Weak support, no PO system, vendor management is weak, approval policies are cumbersome,

Reasons for choosing Ottimate

Pricing and integration with Reciprofity

Waleed G.

Verified reviewer

Electrical/ Electronic Manufacturing

201-500 employees

Used monthly for less than 2 years

Review source

Reviewed April 2025

Helped us to improve the invoice approval system.

Ratings Breakdown

Ease of use

Customer support

Functionality

Pros:

About this aspect I found much use of productivity in how Ottimate deals with multi-step invoice approvals. I built role-based approval across departments for the invoices and made sure to forward it appropriately without follow-ups or rework to eliminate delay and provide me better control of pending actions on the AP cycle.

Cons:

The automation of invoice classification does not consider some vendor codes, particularly for service code invoices. I have had to correct account coding by myself which has somewhat lessened the aspect of automation for the specific vendors.

Jon M.

Verified reviewer

Biotechnology

2-10 employees

Used weekly for less than 6 months

Review source

Reviewed January 2025

A+++ software for your business

Overall I was very pleased and impressed. I will continue to use this!

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Easy to understand workflow in the settings. I love the images used for each page

Cons:

Double clicking is better suited than single clicks.

Loni S.

Verified reviewer

Food & Beverages

201-500 employees

Used daily for less than 12 months

Review source

Reviewed December 2021

You need Plate IQ

The biggest benefit of using Plate IQ is that it is saving our company money! Plate IQ continually processes invoices and payments even while you sleep. Because of Plate IQ, we have eliminated our AP department (saving the company loads of money) while improving our relationships with our vendors by getting payments out accurately and timely. We no longer need a team of employees to process invoices and cut checks.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Plate IQ has many features that help accountants be more efficient and produce accurate financial reports. The invoice processing is a huge benefit, especially if your company has hundreds of invoices coming in every month. Plate IQ scans those invoices, codes them for you and has them ready for you to schedule payment. Easy! Vendors can even send their invoices directly to Plate IQ for processing and the invoices will be ready for you to pay in a very short period of time. Invoices can be approved at multiple leadership levels within your organization. Once invoices have been scheduled for payment, payments go out quickly via check, ACH or virtual card. You can let the vendor choose how they would like to receive payment! Another huge benefit is the accounting integration. Plate IQ transfers invoices and payments directly to your accounting software automatically! All the while Plate IQ is handling your Accounts Payable needs, and helping you to create accurate financial data, you are free to work on other important matters! Time-efficient, accurate, and easy. Winning!

Cons:

We started with Plate IQ before much of the automation was implemented. Remembering to go in and export invoices and payments to the accounting software was tedious. I am pleased to see that much of this is now automated - if only the Spend Management credit cards could be automated too!

Reasons for choosing Ottimate

Ease of use, speed of processing, accuracy of payments. integration with Quickbooks

Reasons for switching to Ottimate

Previous product was not a product at all but a group of employees in the Philippines processing invoices and cutting checks. Not efficient or worth the money. Plate IQ has saved our business!

Roy C.

Verified reviewer

Restaurants

501-1000 employees

Used daily for more than 2 years

Review source

Reviewed March 2024

Using Ottimate every day for Invoice Processing

Great! I use Ottimate everyday to process our invoices. As a retail restaurant business, we process hundreds of invoices on a weekly basis.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Previously, it used to take hours to input all the invoices manually. Ottimate processes all the invoices automatically and exports it directly to our accounting software directly.

Cons:

No downside I can think of at this time.

Emma Grace R.

Verified reviewer

Accounting

11-50 employees

Used daily for less than 2 years

Review source

Reviewed March 2024

Experience with Ottimate

The experience to date is perfectly nice and duperb!

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It is easy to check on invoices. Controls are in place for examle approval and also codings.

Cons:

I am not able to see the status of invoices if paid already. Is this a feature that is available in system?

Tim H.

Verified reviewer

Food & Beverages

51-200 employees

Used daily for less than 2 years

Review source

Reviewed January 2023

Beware!! Leaving this company will cost you

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

We liked that it did what was advertised. Read our invoices and coded them thru AI technology.

Cons:

After using the service for 14 months, we decided to leave since we were onboarding Margin Edge which is a much more robust analytics software for restaurants. Even though we had only signed a one year agreement, they are claiming that since we didn't cancel before the end of the one year term, that our contract auto-renews for another year. Also, if we'd like to leave now, they need us to buyout the ENTIRE rest of the year. Obviously the people at Plate IQ don't get it. NO ONE WANTS TO BE TIED TO A CONTRACT ANYMORE. Reputable software companies say, "if you're not satisfied with our service, you are welcome to leave without penalty". These archaic policies remind very much of the unscrupulous policies of the Merchant Service Providers we all know and love. Good Riddance Plate IQ! With policies like these, you won't be around long.

Benjamin M.

Verified reviewer

Hospitality

201-500 employees

Used daily for less than 12 months

Review source

Reviewed December 2021

Plate IQ

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I believe this was mentioned in the previous areas.

Cons:

The only one I did not mention was the billing structure. Since there is no break in price for any level of monthly invoices, the overage penalty is tacked on, when they could clearly charge the same fee for each processed invoice and be done with it but with seasonality, the company takes advantage of the fact invoices will not be used in some months and overages occur in others. It is very difficult to find the balance... I would have preferred this closer to a copier lease agreement, where the overages are billed quarterly or yearly.

Reasons for switching to Ottimate

Price and customer service

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