A solution for all purchase order sources by integrating into any existing procurement or ERP system, with an e-Invoicing solution to automate invoice capture, touchless accounts payable automation, and e-procurement natively integrated.
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Numberz
Score 7.0 out of 10
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Receivables (unpaid invoices) are the 'cheapest' source of
capital for any business. However all businesses, including corporates,
struggle to manage it well. While ‘Customer Intent’ is usually touted as the
core problem, the true reason : traditional, in-efficient & disjointed
collections process These workflows don't get addressed by ERPs and CRMs. It's
further aggravated by lack of utilisation of other financial services for AR
(eg bureau data, risk scores etc). Result: high cost of…
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Ottimate
Score 8.7 out of 10
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Ottimate is an automated accounts payable platform.
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Pricing
Basware Procure-to-Pay
Numberz
Ottimate
Editions & Modules
No answers on this topic
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Basware Procure-to-Pay
Numberz
Ottimate
Free Trial
No
No
No
Free/Freemium Version
No
No
No
Premium Consulting/Integration Services
No
No
No
Entry-level Setup Fee
No setup fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Basware Procure-to-Pay
Numberz
Ottimate
Features
Basware Procure-to-Pay
Numberz
Ottimate
Payment Management
Comparison of Payment Management features of Product A and Product B
Basware Procure-to-Pay
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Ratings
Numberz
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Ratings
Ottimate
1.5
2 Ratings
134% below category average
Customizable Approval Policies
00 Ratings
00 Ratings
1.62 Ratings
Financial Document Management
00 Ratings
00 Ratings
1.02 Ratings
Payment Status Tracking
00 Ratings
00 Ratings
1.52 Ratings
Payment Audit Trail
00 Ratings
00 Ratings
1.72 Ratings
Duplicate Bill Detection
00 Ratings
00 Ratings
1.62 Ratings
Advanced OCR
00 Ratings
00 Ratings
1.72 Ratings
Electronic Funds Transfer
00 Ratings
00 Ratings
1.62 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
I would definitely recommend using Basware Purchase to Pay in your organization, it handles high amounts of invoices efficiently and you can perform your work with ease. I am acting as a Basware superuser in my team so I know this software thoroughly and it rarely gives any issues, even errors are described in a clear way so the user knows what needs to be resolved/what is missing.
[Numberz] is best for any SMB or Mid Market business as they automatically create the Invoice which is required during filing the GST and paying taxes. As they save and reconcile each and every transaction. This software is also best because it saves CA cost and time as we are already ready with the every invoice which is required to file an ITR annually. Also this software gives us a feature to file our ITR by ourselves by clicking and uploading the required documents.
It is well targeted at restaurants and similar service organizations with complex COGS. It dovetails well with complementary systems like FinTech payments. It wasn't designed by accountants, so there is a bit of roughness. Reporting is very limited: would like to see some SQL / build your own report functionality. Lookups are reasonably robust (filter for amount, time, vendor, etc). It is occasionally unstable but recovers gracefully. From our use case, it would be preferable to have the user approving the invoice ALSO have the ability to attach documents. This is left to the payment approver, who in our case is the "check signer".
We will continue using product and continue renewing as it is widely used product and it has been well adapted by users in our organization. The product is expensive but we will use it. Hopefully the product bugs will be fixed in future and they will provide more HA architecture feather for Basware.
Basware was not my selection as I was not with the company at the time. It was easy to learn and we have maintained a good working relationship with Basware. It is a very good way to process the workflow of invoices from start to finish
Numberz has a interactive and easy to use GUI in comparison to all other Billing Software's. Its can be used by any person even who don't have any knowledge of accounts and finance where as we need to learn to insert the entries into the other software such as tally. This software automatically fill the required fields such as GST and any other taxes.
We used DocuWare first; great experience; however, it was not made specifically for restaurant clients like Plate IQ is. Plate IQ does a much better job of recognizing common items, and they've continued to add a function that is important for restaurant owners. Restaurant 365, we felt, was trying to be a complete package of accounting/AP/AR/inventory. After looking at each piece, we didn't feel that each of them was as strong as the other.
In my opinion, it has had zero impact on ROI now that we are paying for an additional year.
Another negative is that we've spent a lot of time discussing this issue with Plate IQ, to no avail. They feel it's appropriate to charge a company for an entire year of service even though said company emailed to cancel prior to the end of the first year of service.
We also wasted a lot of time onboarding this company only to find out that the software left a lot to be desired.