About Ottimate
Smarter AP for a Better Day-to-Day
Ottimate is AP automation AI that provides a smarter way for AP managers, approvers, controllers and CFOs to work through the entire invoice lifecycle.
Passionate About Solving AP Pain Points
Too many times, AP teams deploy AP automation that still puts a heavy burden on their process – requiring workarounds, backfilling and intervention at various steps.
Sound familiar?
Ottimate is passionate about solving these pain points. Our deep learning capabilities, limitless customization, and tight integrations make Ottimate every finance department’s dream AP hub.
Answering Unmet Needs in Any Industry
Ottimate started as an AP automation solution dedicated to the restaurant industry in 2014 under the name Plate IQ, doing what no other AP automation software could do: capture important line item detail.
Since then, Ottimate has matured into powerful, AI-driven software that automates key problems in the office of the CFO, no matter the industry.
Growing Fast, Globally
$3 Billion
(and growing)
In payments processed
annually
100,000
(and growing)
Invoices processed daily
30,000
(and growing)
Customers served
Ottimate AP Automation Features
Ottimate is an end-to-end AI for a better day-to-day.
Invoice Automation
Map invoices to your GL automatically and accurately with industry-leading AI machine learning.
Payment Automation
Schedule payments via check, ACH, or Virtual card and earn cashback without any extra work.
End-to-End AP Automation
Utilize AI that works across the full AP process – from invoice coding, routing, & approval, to payment.
Spend Management
Gain more visibility and control over the employee expense process with spend management.
Strategic Partners
Bring the best accounts payable experience to your clients by partnering with Ottimate in 3 distinct ways.
PO Matching
Optimize your AP with PO Match for better matching, faster reconciliation, and greater spending control.
Our Story
In 2014, we launched Ottimate (formerly Plate IQ) to meet the needs of the restaurant industry. Our founders realized that restaurants had an invoice problem. With tons of chicken-scratched, tomato-stained invoices and overstretched staff — and with everything from cleaning supplies to fresh produce showing up on the same invoice — restaurant operators everywhere were struggling to pay their vendors on time.
Over time we realized that this problem isn’t unique to restaurants. So many businesses rely on manual back office operations – bookkeepers manually typing in invoices and walking stacks of checks to desks for signatures. Vendors waiting for checks to turn up in the mail and matching them to invoices. Controllers reading off and confirming ACH numbers before manually wiring funds for payment.
At Ottimate, we’re solving those problems. We help bookkeepers and accountants keep their client’s account payables current. We help operators boost their margins with cashback on invoice spend. We help vendors keep track of their invoices and payment status.
With offices in Emeryville, CA, New York City, Bangalore, Miami and everywhere else, Ottimate is on a mission to make life a little easier for anyone eager to spend less time on AP and more time growing their business.
Join the Ottimate Team
Ottimate’s mission is to make life a little easier for anyone eager to spend less time on AP and more time growing their business.
This starts with making life better for our own team. Explore career opportunities with our remote friendly workforce.
