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About Plate IQ

Ottimate is an AI-powered accounts payable (AP) automation solution designed for finance teams seeking to move from reactive accounting to proactive profitability. It automates the entire invoice-to-payment lifecycle, significantly reducing manual work and improving financial control. The platform is built to catch overpayments, prevent fraud, and optimize payment timing, ultimately balancing cash flow and vendor terms. Ottimate caters to businesses of all sizes, particularly those with complex AP processes, inconsistent invoice formats, and a need for robust approval workflows. It leverages AI and machine learning to accurately capture and code invoices, match them to purchase orders and receipts, and provide real-time insights into spending patterns. By automating these critical functions, Ottimate helps finance teams save thousands of hours annually, reduce operational costs, and gain greater visibility and control over their expenditures.