Ottimate vs. QuickBooks Online Advanced

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Ottimate
Score 8.3 out of 10
N/A
Ottimate is an automated accounts payable platform.N/A
QuickBooks Online Advanced
Score 8.4 out of 10
N/A
QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.N/A
Pricing
OttimateQuickBooks Online Advanced
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
OttimateQuickBooks Online Advanced
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
OttimateQuickBooks Online Advanced
Features
OttimateQuickBooks Online Advanced
Payment Management
Comparison of Payment Management features of Product A and Product B
Ottimate
1.5
2 Ratings
133% below category average
QuickBooks Online Advanced
-
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 Product A and Product B
Ottimate
1.4
2 Ratings
132% below category average
QuickBooks Online Advanced
-
Ratings
Automated Accounts Payable Processes1.62 Ratings00 Ratings
Vendor Management1.52 Ratings00 Ratings
Tax Form Preparation1.12 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
8.0
96 Ratings
4% above category average
API for custom integration00 Ratings7.779 Ratings
Plug-ins00 Ratings8.384 Ratings
Security
Comparison of Security features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
8.0
170 Ratings
3% below category average
Single sign-on capability00 Ratings8.1149 Ratings
Role-based user permissions00 Ratings8.0166 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
8.1
183 Ratings
3% above category average
Dashboards00 Ratings8.6172 Ratings
Standard reports00 Ratings8.4182 Ratings
Custom reports00 Ratings7.2174 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
8.2
187 Ratings
7% above category average
Accounts payable00 Ratings8.3181 Ratings
Accounts receivable00 Ratings8.4176 Ratings
Cash management00 Ratings8.2157 Ratings
Bank reconciliation00 Ratings8.7179 Ratings
Expense management00 Ratings8.2166 Ratings
Time tracking00 Ratings7.392 Ratings
Multi-currency support00 Ratings8.446 Ratings
Multi-division support00 Ratings7.681 Ratings
Regulations compliance00 Ratings8.185 Ratings
Electronic tax filing00 Ratings9.3103 Ratings
Self-service portal00 Ratings7.8101 Ratings
Primary and Secondary Ledgers00 Ratings8.978 Ratings
Intercompany Accounting00 Ratings8.178 Ratings
Journals and Reconciliations00 Ratings8.0162 Ratings
Enterprise Accounting00 Ratings7.969 Ratings
Configurable Accounting00 Ratings8.489 Ratings
Centralized Rules Framework00 Ratings8.667 Ratings
Standardized Processes00 Ratings8.1125 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
7.9
74 Ratings
5% above category average
Inventory tracking00 Ratings7.974 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
7.6
126 Ratings
0% below category average
Pricing00 Ratings7.691 Ratings
Order entry00 Ratings6.985 Ratings
Credit card processing00 Ratings8.2110 Ratings
Best Alternatives
OttimateQuickBooks Online Advanced
Small Businesses
Square 9 Softworks
Square 9 Softworks
Score 9.5 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 7.2 out of 10
Medium-sized Companies
Square 9 Softworks
Square 9 Softworks
Score 9.5 out of 10
Zoho Books
Zoho Books
Score 9.1 out of 10
Enterprises
Webexpenses
Webexpenses
Score 8.8 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
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User Ratings
OttimateQuickBooks Online Advanced
Likelihood to Recommend
5.5
(3 ratings)
8.5
(188 ratings)
Likelihood to Renew
-
(0 ratings)
8.4
(14 ratings)
Usability
-
(0 ratings)
7.0
(7 ratings)
Availability
-
(0 ratings)
10.0
(1 ratings)
Performance
-
(0 ratings)
9.6
(2 ratings)
Support Rating
9.0
(1 ratings)
-
(0 ratings)
Online Training
-
(0 ratings)
9.0
(2 ratings)
Implementation Rating
-
(0 ratings)
4.3
(5 ratings)
Configurability
-
(0 ratings)
8.0
(2 ratings)
Ease of integration
-
(0 ratings)
9.6
(2 ratings)
Product Scalability
-
(0 ratings)
10.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
9.6
(2 ratings)
Vendor pre-sale
-
(0 ratings)
9.0
(2 ratings)
User Testimonials
OttimateQuickBooks Online Advanced
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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Intuit
Smaller businesses that need affordable accounting software that many people are used to should look at Quickbooks. QuickBooks makes it easier for people to access your books from multiple locations. If cost is an issue, QuickBooks is very affordable, given you do not need to install and maintain a server.
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Pros
Ottimate
  • OCR
  • Workflow
  • Support
Read full review
Intuit
  • It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
  • The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
  • The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
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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
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Intuit
  • Proper advice in QuickBooks Online Pro for the usage if QuickBooks Online Advanced will be more efficient.
  • More features and space in the app for organization of the self-created workflows.
  • The stability of QuickBooks Online Advanced can still be better.
  • There are still file-size issues and limitations on transactions and attributes of transactions.
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Likelihood to Renew
Ottimate
No answers on this topic
Intuit
QuickBooks Online Advanced is very easy to use and the data is very transparent. The reporting shortfalls (not being able to report the current month and YTD results on the same report) as well as the issues with the limitations with the management reports.
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Usability
Ottimate
No answers on this topic
Intuit
QuickBooks Online Advanced is great and effective. I use it for almost three months and it definitely does their job
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Reliability and Availability
Ottimate
No answers on this topic
Intuit
No issue at any time with Availability
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Performance
Ottimate
No answers on this topic
Intuit
It can be access at any time and reports is generate in less than a minute
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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.
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Intuit
No answers on this topic
Online Training
Ottimate
No answers on this topic
Intuit
Training was simple
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Implementation Rating
Ottimate
No answers on this topic
Intuit
Need to make an option for non-profit organizations
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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.
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Intuit
QuickBooks Online Advanced isn’t as robust as Netsuite or Sage, but it is generally a great choice for most businesses. This software will meet or exceed the needs of most companies, and should be the first part of your accounting software decision. I would even reach out to a QuickBooks Online Advanced expert to ensure you need to step up to Sage or Netsuite before doing so on your own.
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Scalability
Ottimate
No answers on this topic
Intuit
Software is very flexible
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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.
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Intuit
  • QBOA has shown my clients the increase and decrease of my monthly income activity
  • I am able to project my income and spending more easily
  • The P&L reports has shown me a lot and by customizing to focus on my income and expenses has allowed me to better budget
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