IncedoPay vs. Ottimate

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IncedoPay
Score 0.0 out of 10
N/A
IncedoPay is an integrated SaaS payments solution for Banks. It is designed to reduce the cost of ownership for enterprise clients, and empowers them to increase focus on strategic and value added treasury management activities. IncedoPay leverages automation to streamline every stage of the AP lifecycle. By reducing the need for manual intervention in the process, it empowers banks to unlock data-driven insights and real-time visibility, enabling them to make strategic decisions and drive…N/A
Ottimate
Score 8.6 out of 10
N/A
Ottimate is an automated accounts payable platform.N/A
Pricing
IncedoPayOttimate
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IncedoPayOttimate
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
IncedoPayOttimate
Features
IncedoPayOttimate
Payment Management
Comparison of Payment Management features of Product A and Product B
IncedoPay
-
Ratings
Ottimate
1.5
2 Ratings
133% below category average
Customizable Approval Policies00 Ratings1.62 Ratings
Financial Document Management00 Ratings1.02 Ratings
Payment Status Tracking00 Ratings1.52 Ratings
Payment Audit Trail00 Ratings1.72 Ratings
Duplicate Bill Detection00 Ratings1.62 Ratings
Advanced OCR00 Ratings1.72 Ratings
Electronic Funds Transfer00 Ratings1.62 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
IncedoPay
-
Ratings
Ottimate
1.4
2 Ratings
133% below category average
Automated Accounts Payable Processes00 Ratings1.62 Ratings
Vendor Management00 Ratings1.52 Ratings
Tax Form Preparation00 Ratings1.12 Ratings
Best Alternatives
IncedoPayOttimate
Small Businesses
Square 9 Softworks
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Score 9.7 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Medium-sized Companies
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.7 out of 10
Enterprises
Webexpenses
Webexpenses
Score 8.7 out of 10
Webexpenses
Webexpenses
Score 8.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IncedoPayOttimate
Likelihood to Recommend
-
(0 ratings)
5.5
(3 ratings)
Support Rating
-
(0 ratings)
9.0
(1 ratings)
User Testimonials
IncedoPayOttimate
Likelihood to Recommend
Incedo Inc
No answers on this topic
Ottimate
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".
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Pros
Incedo Inc
No answers on this topic
Ottimate
  • OCR
  • Workflow
  • Support
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Cons
Incedo Inc
No answers on this topic
Ottimate
  • Provide better analytics in terms of cost increases per item.
  • Provide the ability to create recipes and forward price increases to those recipes for accurate food cost projections.
  • Free Bill Pay
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Support Rating
Incedo Inc
No answers on this topic
Ottimate
They have a dedicated support person for each customer who actually knows the product.
Turnaround is usually within an hour or faster.
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Alternatives Considered
Incedo Inc
No answers on this topic
Ottimate
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.
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Return on Investment
Incedo Inc
No answers on this topic
Ottimate
  • 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.
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ScreenShots