Ottimate’s cover photo
Ottimate

Ottimate

Software Development

San Francisco, California 16,614 followers

Don't Just Automate AP. Ottimate It. (Formerly Plate IQ)

About us

Ottimate (formerly Plate IQ) is the leading AP automation AI. Ottimate is AP automation AI that provides a smarter way for AP managers, approvers, controllers, and CFOs to work through the entire invoice lifecycle. With mature deep learning capabilities, Ottimate gets to know your business and AP process down to the line-item, supporting a custom approval and payment workflow. Ottimate not only eliminates over 90% of the manual accounting process but also provides insights into invoices and spend, helping finance professionals uncover opportunities for growth. This means more strategic business decisions for CFOs and a better day-to-day for the entire team. Don’t Just Automate AP. Ottimate It.

Website
https://www.ottimate.com
Industry
Software Development
Company size
51-200 employees
Headquarters
San Francisco, California
Type
Privately Held
Founded
2014
Specialties
Automated Accounts Payable, Line-Item Invoice Digitization, Bill Pay, SaaS, Restaurants, Food & Beverage, Hotels, Payments, Virtual Cards, Grocery, Retailers, Country Clubs, Digital Storage, and Accounting Software Integration

Locations

Employees at Ottimate

Updates

  • Celebrating one of our amazing customers today: P. Terry’s Burger Stand! 🍔 For 20 years, P. Terry’s has been serving Austin with quality food, thoughtful leadership, and a huge heart for the community. We’re proud to support a brand that not only grows with intention but also gives back every step of the way. Here’s to 20 years — and many more to come. https://lnkd.in/gYDyYwDx

  • So excited to share our newest customer story with EOS Hospitality! With 60+ hotels and more than 20,000 invoices each month, they needed a solution that could keep up with their growth and empower their teams. With Ottimate, they’ve transformed AP with: ✅ Automation that cuts out manual work ✅ Spend visibility that didn’t exist before ✅ Time back for hotel teams to focus on guests A huge thank-you to the EOS team for partnering with us! Link in the comments.

  • That’s a wrap on RFDC 2025 at The Bellagio in Las Vegas! Our team had a great week connecting with restaurant finance leaders, operators, and investors to talk about what’s next for the business side of the restaurant industry. From insightful sessions to meaningful booth conversations, it’s clear that finance teams are ready to embrace automation as a driver of growth, not just efficiency. A huge thanks to everyone who stopped by our booth to learn how Ottimate helps multi-unit restaurant groups streamline approvals, reduce manual work, and gain real-time visibility into spend. We’re excited to keep the conversations going and continue helping restaurant finance teams close faster, operate smarter, and scale confidently. Until next time, RFDC!

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  • Many finance teams have automated parts of their AP process — digitizing invoices, streamlining approvals — yet still handle exceptions, coding errors, and payment decisions manually. We recently co-hosted a webinar with Mark Brousseau of the Institute of Finance and Management (IOFM) featuring Liz Schwartz of EHS Business Solutions and our own Don Dittmar to discuss how EHS moved beyond partial automation to build a truly end-to-end AP process. The results: - 75% reduction in invoice processing time - 5x growth in client capacity with minimal staff increase - Stronger data accuracy and profitability across every account If your team has automation in place but still spends hours on manual work, check out the on-demand recording here: https://lnkd.in/gsb49zMS

  • When AP compliance cracks, the damage runs deep. Missed approvals, unverified vendors, and incomplete records can quietly drain budgets, strain vendor relationships, and put your reputation at risk. Even seasoned AP teams aren’t immune, especially when approvals happen over Slack, vendor data isn’t verified, or audit trails are incomplete. The good news? Every one of these risks is preventable. In our latest blog, we break down the 8 most common AP compliance pitfalls and show you how automation can help you stay secure, efficient, and audit-ready all year long. Link in the comments.

  • Gen4 Dental Partners was scaling fast — 103 offices, 6,000 invoices a month, and a four-person AP team trying to keep up. Their inbox? 800 invoices deep. Their month-end close? Hell week. Then they switched to Ottimate. ✅ AI-powered invoice automation ✅Real-time visibility across every location ✅ Month-end close finished on time — no overtime required “Before Ottimate, we’d all work overtime. Now, we’re done within business hours.” – Baylee Thomas, Gen4 Dental Read how Gen4 streamlined AP and reclaimed their time: https://lnkd.in/gtp-KeYQ

  • Restaurant finance teams have enough on their plate — manual AP shouldn’t be one of them. Prime Steak Concepts is a multi-location restaurant group that returned to Ottimate to gain back the visibility, control, and automation their team needed. Now, their AP runs as smoothly as their operations — with 4,000+ invoices processed each month and full visibility across every location. Link to their full story in the comments!

  • Good enough isn’t good enough anymore. Three out of four AP teams already have automation tools, yet most are still typing in invoice data by hand. The problem isn’t a lack of tech. It’s partial automation that creates more friction than it fixes. If your AP process still relies on manual approvals, spreadsheet uploads, or “quick fixes” that don’t talk to each other, it’s time to rethink what automation really means. In this post, we break down: - Why partial automation fails - How full AI-powered AP automation changes the game - Real results from teams that made the leap It’s not about adding another tool — it’s about transforming how finance operates. Get the link to the full piece in the comments.

  • We're headed to Las Vegas this week for the Institute of Finance and Management (IOFM) Fall Conference 2025! From November 4–6, our team will be at Caesars Palace (Booth #411) for one of the most anticipated AP and finance events of the year — the IOFM Fall Conference. We’re looking forward to connecting with AP, P2P, and finance leaders who are driving the future of automation, compliance, and operational efficiency. If you’re attending, stop by our booth to see how Ottimate helps multi-entity finance teams automate approvals, strengthen controls, and close faster — without adding headcount. 📅 November 4–6 📍 Caesars Palace, Las Vegas, NV 📍 Booth #411 🎁 Don’t forget to scan your badge for a chance to win a Theragun Mini — we’ll be raffling off two! We’ll see you in Vegas!

  • Our SDR team in Tampa got into the Halloween spirit with some great costumes this year. 🎃 We always appreciate the creativity and enthusiasm they bring — both in their work and in moments like this. Check out some of their costumes from yesterday's festivities. Which one is your favorite? Blake Batista Brooke Mccarroll Cam Taddonio MS Cayman Ogden, BBA Chad Gaudino Connor Hicks, MBA Diego Pagan Eileen Iglesias Joshua Pearson Nick Snyder Paige Basore Vincent DeMarinis Conner Moran

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