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What is Ottimate?

Ottimate, formerly known as Plate IQ, is a cutting-edge accounts payable (AP) automation platform powered by artificial intelligence. This software simplifies the AP process by automating invoice coding, routing, and approvals through to payment execution.

Its AI capabilities allow for seamless integration with various ERP systems, enhancing the accuracy and efficiency of financial operations.

The main benefits of the platform include significant reductions in processing time for invoices and financial documents, enhanced visibility into spending, and improved compliance and control over payments.

The software is particularly useful for sectors like restaurants, hotels, and healthcare, where managing a large volume of transactions efficiently and securely is crucial.

Additionally, Ottimate’s deep learning AI adapts to your organization’s specific needs, optimizing your spending and financial management over time.

Best for
Small BusinessMedium BusinessLarge Enterprise

Pricing

Starting at Custom · Subscription

Features

36 features that make Ottimate stand out.

  • ACH Payment Processing
  • API
  • Activity Dashboard
  • Aging Tracking
  • Approval Process Control
  • Billing & Invoicing
  • Cash Management
  • Check Writing
  • Data Extraction
  • Data Import/Export
  • Document Management
  • Duplicate Payment Alert

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Frequently asked questions

Is Ottimate free to use?
Ottimate does not currently offer a free tier or free trial. Pricing starts at Custom and depends on the plan you choose.
How much does Ottimate cost?
Ottimate uses custom pricing tailored to each organisation. Contact their sales team for a quote based on your team size, modules and contract length.
What does Ottimate integrate with?
Ottimate integrates with popular tools such as QuickBooks Online, NetSuite, Sage Intacct, Acumatica Cloud ERP, Dynamics 365, plus an open API for custom workflows.
Who is Ottimate best suited for?
Ottimate is built for teams who need to standardise the workflow it covers — typically growing companies who have outgrown spreadsheets but don't yet need enterprise-grade procurement suites. The exact fit depends on company size, deal volume and compliance requirements.
How long does it take to onboard Ottimate?
Most teams are live on Ottimate within 2–6 weeks. Simpler implementations (small teams, default workflows) can be done in days; large enterprise rollouts with custom approval chains and ERP integration take longer.

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