TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Latitude Collections (legacy)

    Score10 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

    Score8.9 out of 10
    N/AOttimate 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
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional DetailsPrices listed are per named user, billed annually. Usage-based pricing may apply.—
    More Pricing Information
    Features
    Latitude Collections (legacy)Ottimate
    Payment Management
    Comparison of Payment Management features of Latitude Collections (legacy) and Ottimate
    Feature
    Latitude Collections (legacy)
    -
    Ratings
    Ottimate
    1.5
    2 Ratings
    134% 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 Latitude Collections (legacy) and Ottimate
    Feature
    Latitude Collections (legacy)
    -
    Ratings
    Ottimate
    1.4
    2 Ratings
    135% below category average
    Automated Accounts Payable Processes00 Ratings1.62 Ratings
    Vendor Management00 Ratings1.52 Ratings
    Tax Form Preparation00 Ratings1.12 Ratings
    Best Alternatives
    Latitude Collections (legacy)Ottimate
    Small Businesses
    No answers on this topic
    Tipalti
    Score7.7 out of 10
    Medium-sized Companies
    No answers on this topic
    Stampli
    Score8.4 out of 10
    Enterprises
    No answers on this topic
    Yooz
    Score8.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Latitude Collections (legacy)Ottimate
    Likelihood to Recommend
    8.4
    (4 ratings)
    5.5
    (3 ratings)
    Usability
    8.2
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    9.1
    (1 ratings)
    9.0
    (1 ratings)
    User Testimonials
    Latitude Collections (legacy)Ottimate
    Likelihood to Recommend
    Discontinued Products
    As a consulting company specializing in the support of Latitude by Genesys customers, I have first hand experience seeing all of the benefits to my customers of this platform. The ease of powerful interfaces, highly organized GUI based workflows, simple import/export automation as well as a host of integrated vendors makes this the platform of choice for me and my company. Prior to starting my consulting company I was an end user of Latitude by Genesys for 3 years and had the distinct opportunity to work with a top notch implementation team.
    Read full review
    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".
    Read full review
    Pros
    Discontinued Products
    • Payments plans management
    • Account analysis reports
    • The system is user friendly
    Read full review
    Ottimate
    • OCR
    • Workflow
    • Support
    Incentivized
    Read full review
    Cons
    Discontinued Products
    • 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!!
    Read full review
    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
    Read full review
    Usability
    Discontinued Products
    From our perspective, it would be good having a UGC tool integrated with the system.
    Read full review
    Ottimate
    No answers on this topic
    Support Rating
    Discontinued Products
    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.
    Read full review
    Ottimate
    They have a dedicated support person for each customer who actually knows the product.
    Turnaround is usually within an hour or faster.
    Read full review
    Alternatives Considered
    Discontinued Products
    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
    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.
    Incentivized
    Read full review
    Return on Investment
    Discontinued Products
    • 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
    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.
    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