Ottimate (formerly Plate IQ)

Ottimate, formerly Plate IQ, is accounts payable automation software. It reads supplier invoices down to line-item level, codes them to general-ledger accounts, routes them for approval and can pay vendors by ACH, check or virtual card. It started in 2014 for restaurants and now also serves hospitality, healthcare, retail and accounting firms.

plateiq.com redirects to ottimate.com

Last reviewed

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Best for
Restaurant groups with many locations and supplier invoices, Accounting firms and bookkeepers
Pricing
Quote only
Runs on
Web, iOS, Android

Who it is for

  • Restaurant groups with many locations and supplier invoices

    Ottimate has a restaurant page and lists restaurants as its largest customer-story group, including Torchy's Tacos across 130 locations.

  • Accounting firms and bookkeepers

    The about page says it helps bookkeepers and accountants keep client payables current.

  • Finance teams needing invoice approvals and vendor payments in one place

    Approval workflows route each invoice to the right approver, and VendorPay pays approved invoices.

What it does

  • Invoice capture

    Reads invoices in paper, image, email or EDI form, including header, footer and line-item detail.

  • Automatic GL coding

    Codes each invoice line item to a general-ledger account.

  • Custom dimensions

    Adds unlimited dimensions such as project, cost code and vendor to invoice coding.

  • Approval workflows

    Routes each invoice to the right approver with smart routing.

  • Digital filing cabinet

    Stores invoices securely inside the account.

  • Cost discrepancy checks

    Flags differences between purchase orders, receipts and cost files.

  • PO matching

    Matches invoices to purchase orders for faster reconciliation.

  • Vendor payment (VendorPay)

    Pays approved invoices by vCard, ACH, check or Card on File, with vendor validation and cash back on virtual cards.

  • Mobile invoice capture and approval

    Photograph or upload invoices, approve them and authorise payments from a phone app.

  • Audit trail

    Logs each upload, edit, approval and payment event.

  • Spend and invoice-risk analytics

    Analyses spending patterns to flag outliers, and reports spend in dashboards.

Pricing

Pricing model
Quote only

Ottimate publishes no prices; the site directs buyers to book a demo and has no pricing page.

How it compares

Compared with the 9 products in Purchasing & Procurement that have a profile on this site. These figures describe the category. They are not a recommendation.

  • Names 10 integrations. The median in this category is 2.
  • One of 4 products in this category with an iOS app. One of 3 products in this category with an Android app. 9 products in this category state their platforms.
  • The category's 10 most-named integration partners are Access POS, Acumatica, NCR Aloha, Aptech, BinWise, Blackbaud ERP, Buz Club Software, CedarCreek Systems, DateCodeGenie, ECGrid. Of these, this product's listing names Acumatica, Aptech, Blackbaud ERP, Buz Club Software.

Works with

Accounting
QuickBooksNetSuiteAcumaticaM3 ERPBlackbaud ERP
Other
FourthJonas Club SoftwareThomson ReutersAptechBuz Club Software

The integrations page shows partner logos, and describes two-way sync with accounting and AP systems without listing them. Some listed products are club-management or ERP systems.

Where and how it runs

Platforms
Web, iOS, Android
Apps
Ottimate mobile app: Capture and code invoices, approve and schedule payments

No country list is published; the about page says it has offices globally.

The company

Founded
2014
Customers named by the vendor
Lazy Bear, West Harbor Healthcare, The Club at Ravenna, Tender Greens, Torchy's Tacos, Thrive Restaurant Group, Colwen Hotels, Gen4 Dental, GPS Dental, Books To Go, The Club at Admirals Cove

Security and support

Security and compliance
SOC badge from A-LIGN shown on site (report type not stated)
Support
A dedicated support team is reachable by email; the vendor says customers get dedicated customer success managers.

Listing details

Vendor
Ottimate
Built for
Restaurants
Focus
Food-specific
Status
Rebranded
Website
ottimate.com
Also listed in
Inventory Management

Alternatives to Ottimate (formerly Plate IQ)

See all 29 in Purchasing & Procurement

  • Access Procure Wizard

    Access Procure Wizard (now marketed as Procure Wizard Evo) is a hospitality procurement platform from The Access Group.

    Runs on Web, against Web, iOS and Android for Ottimate (formerly Plate IQ).

  • Food Market Hub

    Food Market Hub is a cloud platform for restaurant procurement, inventory and food costing, with central kitchen production planning and inter-outlet transfers for groups.

    Runs on Web, against Web, iOS and Android for Ottimate (formerly Plate IQ).

  • Procurant

    Procurant is a cloud platform for fresh food supply chains.

    Runs on Web, against Web, iOS and Android for Ottimate (formerly Plate IQ).

  • Provi

    Provi is a US online marketplace for wholesale beer, wine and spirits.

    Runs on Web, against Web, iOS and Android for Ottimate (formerly Plate IQ).

Compare Ottimate (formerly Plate IQ)

Side-by-side tables built from the same profile data.

What we could not confirm

These points were not confirmed when this page was written.

  • Any price or plan
  • Contract term
  • Headquarters, employee count, funding
  • Security certification details
  • Countries and interface languages
  • Which integrations apply to which plan

Sources

Facts on this page come from the pages below, checked on 29 September 2026. Prices and features change, so confirm with the vendor before you buy.

  1. Homepagehttps://ottimate.com/
  2. Invoice automation featureshttps://ottimate.com/features/
  3. VendorPayhttps://ottimate.com/feature/vendorpay/
  4. Mobile apphttps://ottimate.com/feature/mobile-app/
  5. Integration logoshttps://ottimate.com/integrations/
  6. Restaurant pagehttps://ottimate.com/industry/restaurants/
  7. Founded 2014 as Plate IQhttps://ottimate.com/about/
  8. Customer storieshttps://ottimate.com/customers/
  9. Supporthttps://ottimate.com/support/
  10. Bookkeeper casehttps://ottimate.com/reviews/