TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Ottimate

    Score8.9 out of 10
    N/AOttimate is an automated accounts payable platform.N/A

    PowerApprovals

    Score9.5 out of 10
    N/AN/AN/A
    Pricing
    OttimatePowerApprovals
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    OttimatePowerApprovals
    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
    Features
    OttimatePowerApprovals
    Payment Management
    Comparison of Payment Management features of Ottimate and PowerApprovals
    Feature
    Ottimate
    1.5
    2 Ratings
    134% below category average
    PowerApprovals
    -
    Ratings
    Customizable Approval Policies1.62 Ratings00 Ratings
    Financial Document Management1.02 Ratings00 Ratings
    Payment Status Tracking1.52 Ratings00 Ratings
    Payment Audit Trail1.72 Ratings00 Ratings
    Duplicate Bill Detection1.62 Ratings00 Ratings
    Advanced OCR1.72 Ratings00 Ratings
    Electronic Funds Transfer1.62 Ratings00 Ratings
    Accounts Payable
    Comparison of Accounts Payable features of Ottimate and PowerApprovals
    Feature
    Ottimate
    1.4
    2 Ratings
    135% below category average
    PowerApprovals
    -
    Ratings
    Automated Accounts Payable Processes1.62 Ratings00 Ratings
    Vendor Management1.52 Ratings00 Ratings
    Tax Form Preparation1.12 Ratings00 Ratings
    Best Alternatives
    OttimatePowerApprovals
    Small Businesses
    Tipalti
    Score7.7 out of 10
    Tipalti
    Score7.7 out of 10
    Medium-sized Companies
    Stampli
    Score8.4 out of 10
    Stampli
    Score8.4 out of 10
    Enterprises
    Yooz
    Score8.8 out of 10
    Yooz
    Score8.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    OttimatePowerApprovals
    Likelihood to Recommend
    5.5
    (3 ratings)
    -
    (0 ratings)
    Support Rating
    9.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    OttimatePowerApprovals
    Likelihood to Recommend
    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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    Mekorma
    No answers on this topic
    Pros
    Ottimate
    • OCR
    • Workflow
    • Support
    Incentivized
    Read full review
    Mekorma
    No answers on this topic
    Cons
    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
    Mekorma
    No answers on this topic
    Support Rating
    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
    Mekorma
    No answers on this topic
    Alternatives Considered
    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
    Mekorma
    No answers on this topic
    Return on Investment
    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
    Mekorma
    No answers on this topic
    ScreenShots