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What is Ottimate?

Ottimate, previously known as Plate IQ, stands out as a premier AI solution for automating accounts payable processes. This innovative platform offers accounts payable managers a more intelligent and streamlined method to oversee the entire invoice lifecycle, catering to the needs of controllers, CFOs, and approvers alike. With its advanced deep learning technology, Ottimate gains a thorough understanding of your business and accounts payable workflows at a granular level, enabling tailored approval and payment processes. By eliminating over 90% of manual accounting tasks, the platform delivers valuable insights into invoices, spending patterns, and expenditures, empowering finance professionals to identify potential growth avenues. Consequently, CFOs are better equipped to make informed strategic decisions that enhance the overall efficiency of their teams on a daily basis, ultimately leading to greater organizational success.

What is Hermes?

Hermes presents a sophisticated solution specifically crafted for the logistics and manufacturing industries, aimed at optimizing billing procedures and improving supply chain oversight for companies. By leveraging innovative technologies like artificial intelligence, machine learning, robotic process automation, and optical character recognition, Hermes establishes itself as a frontrunner in the field. This groundbreaking platform not only simplifies accounts payable management but also utilizes automation to accelerate payment processes and reduce financial losses. CFOs in the accounts payable sector often encounter a major hurdle: the constant influx of non-standard invoices from a multitude of vendors, which arrive in various formats and typically flood in through email. Furthermore, the Accounts Payable team must endure the labor-intensive process of verifying and managing these invoices manually, necessitating multiple checks to confirm their correctness and legitimacy, thereby complicating the overall workflow. Consequently, tackling these issues is imperative for enhancing operational efficiency within the accounts payable system, ultimately leading to more streamlined processes and better resource allocation.

Media

Media

No images available

Integrations Supported

Acumatica Cloud ERP
Bar-i
Base.com
COGS-Well
Crunchtime
Jonas Club Management
Lightspeed Restaurant
QuickBooks Desktop Pro
QuickBooks Online
QuickBooks Online Advanced
Restaurant365
Sage 100
Sage 50
Sage Intacct
Sage X3
Square Appointments
Square Payroll
Square for Retail
Xero
Yellow Dog Inventory

Integrations Supported

Acumatica Cloud ERP
Bar-i
Base.com
COGS-Well
Crunchtime
Jonas Club Management
Lightspeed Restaurant
QuickBooks Desktop Pro
QuickBooks Online
QuickBooks Online Advanced
Restaurant365
Sage 100
Sage 50
Sage Intacct
Sage X3
Square Appointments
Square Payroll
Square for Retail
Xero
Yellow Dog Inventory

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Ottimate

Date Founded

2014

Company Location

United States

Company Website

www.ottimate.com

Company Facts

Organization Name

Calpion

Date Founded

2004

Company Location

United States

Company Website

www.automateinvoices.com

Categories and 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

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