Ottimate

An AI-powered accounts payable automation platform that catches overpayments, prevents invoice fraud, and closes books faster for finance teams.

ottimate.com

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About

Ottimate (formerly Plate IQ) automates the full AP lifecycle by capturing and coding invoices from multiple formats with up to 98% accuracy, matching them to POs and receipts, flagging anomalies and duplicate invoices, and paying vendors via vCard, ACH, or check from a central platform. The platform dynamically analyzes spending patterns in real time to optimize cash flow and prevent fraud, reducing manual data entry and overpayment across hospitality, restaurant, and enterprise finance teams. Ottimate is a product of Plate IQ.

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Product details

Product kind
Saas
Pricing model
Subscription
Free tier
No
Open source
No
web
Invoice capture and codingAP fraud preventionDuplicate invoice detectionVendor payment automationCash flow optimizationGL coding automation