Latitude Collections (legacy) vs. Ottimate

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Latitude Collections (legacy)
Score 10.0 out of 10
Mid-Size Companies (51-1,000 employees)
Latitude Collections software, developed by Latitude Software, was acquired by Genesys in 2016 and sold as Latitude by Genesys. It was a standalone product for accounts receivables challenges: delinquency or negligence through charge-off and debt sale. It is a legacy application.
$75
per month
Ottimate
Score 8.9 out of 10
N/A
Ottimate is an automated accounts payable platform.N/A
Pricing
Latitude Collections (legacy)Ottimate
Editions & Modules
Genesys Cloud CX 1
$75
per month
Genesys Cloud CX 2 Digital
$90
per month
Genesys Cloud CX 2 Digital + Voice
$110
per month
Genesys Cloud CX 3 Digital + WEM
$130
per month
Genesys Cloud CX 3 Digital + WEM + Voice
$150
per month
No answers on this topic
Offerings
Pricing Offerings
Latitude Collections (legacy)Ottimate
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsPrices listed are per named user, billed annually. Usage-based pricing may apply.
More Pricing Information
Community Pulse
Latitude Collections (legacy)Ottimate
Considered Both Products
Latitude Collections (legacy)
Chose Latitude Collections (legacy)
I will not identify the other products I've used by name, but will say they are prevalent in the industry. Latitude has a better price point, is incredibly versatile, and you don't need an army of programmers to maintain it.
Chose Latitude Collections (legacy)
Base on cost of initial investment, ongoing support and efficient development capabilities (i.e. import/export interfaces, workflows, etc.) this platform is leaps and bounds ahead of all the other major platforms I have worked with. Some of the others I worked with for as many …
Ottimate
Chose Ottimate
We like the automated coding that Plate IQ provides vs. bill.com. It also helped that all of our locations could be viewed on the same dashboard. When you have five separate business all being managed by the same team, it's important to have dashboard functionality across all …
Chose Ottimate
PiQ costs $250K less than netsuite (at a minimum). Unless you have/need netsuite, no comparison.
Bill.com isn't targeted, and doesn't give the functionality that PiQ has for analytics by SKU.
Expensify is the closest in ease of use. They are not competitive; just very similar.
Chose 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 …
Features
Latitude Collections (legacy)Ottimate
Payment Management
Comparison of Payment Management features of Product A and Product B
Latitude Collections (legacy)
-
Ratings
Ottimate
1.5
Ratings
133% below category average
Customizable Approval Policies00 Ratings1.60 Ratings
Financial Document Management00 Ratings1.00 Ratings
Payment Status Tracking00 Ratings1.50 Ratings
Payment Audit Trail00 Ratings1.70 Ratings
Duplicate Bill Detection00 Ratings1.60 Ratings
Advanced OCR00 Ratings1.70 Ratings
Electronic Funds Transfer00 Ratings1.60 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Latitude Collections (legacy)
-
Ratings
Ottimate
1.4
Ratings
133% below category average
Automated Accounts Payable Processes00 Ratings1.60 Ratings
Vendor Management00 Ratings1.50 Ratings
Tax Form Preparation00 Ratings1.10 Ratings
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User Ratings
Latitude Collections (legacy)Ottimate
Likelihood to Recommend
8.4
(0 ratings)
5.5
(0 ratings)
Usability
8.2
(0 ratings)
-
(0 ratings)
Support Rating
9.1
(0 ratings)
9.0
(0 ratings)
User Testimonials
Latitude Collections (legacy)Ottimate
Likelihood to Recommend
I think that Latitude by Genesys is well suited for nearly any size company in that it is very scalable, with broad usage capabilities. I have heard in the past that attorney firms don't look at it, but I wholeheartedly think this would be an incredible software for attorneys too.
Read full review
Plate IQ has been a perfect addition to our company. We had invoices with grease, creases, folds, shaded characters, etc, coming into our office all the time. The ability to scan, or even better, have invoices come through EDI, has completely changed the way we are able to handle invoicing.
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Pros
  • The only thing done well, as it relates to Latitude, is the people at the support desk. They are amazing and work well with the tools they have. In my experience with Genesys, this is all that is done well.
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  • Payments; ACH, VCard and check. Domestic only however
  • SKU tracking (the AI part that works reasonably well)
  • Invoice Processing Automation (Think bill.com on steroids)
Read full review
Cons
  • In the past, their support has been slow. This has improved dramatically.
  • They don't take every one of my ideas and pump it into base code IMMEDIATELY!!
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  • EDI options could increase.
  • BIll pay module could be improved.
  • Some support issues could be addressed sooner.
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Usability
From our perspective, it would be good having a UGC tool integrated with the system.
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No answers on this topic
Support Rating
They have an excellent support team. It was more helpful if they were available by phone, but your ticket system support works good. The Logmein123 is an outstanding tool that helps us a lot when we need support.
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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
Base on cost of initial investment, ongoing support and efficient development capabilities (i.e. import/export interfaces, workflows, etc.) this platform is leaps and bounds ahead of all the other major platforms I have worked with. Some of the others I worked with for as many as 12 years before experiencing the power of Latitude.
Read full review
PiQ costs $250K less than netsuite (at a minimum). Unless you have/need netsuite, no comparison.
Bill.com isn't targeted, and doesn't give the functionality that PiQ has for analytics by SKU.
Expensify is the closest in ease of use. They are not competitive; just very similar.
Read full review
Return on Investment
  • It help us a lot to manage our day to day business.
  • It helps our users to produce invoices and handling payment plans in a very efficient way.
Read full review
  • 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.
Read full review
ScreenShots

Latitude Collections (legacy) Screenshots

Screenshot of Latitude by Genesys - Agent DesktopScreenshot of Latitude by Genesys - WorkflowScreenshot of Latitude by Genesys - Job Manager