TrustRadius

Ottimate vs. Veem

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Ottimate
Score 8.9 out of 10
N/A
Ottimate is an automated accounts payable platform.N/A
Veem
Score 8.9 out of 10
N/A
Veem, headquartered in San Francisco, offers payment tools to enable businesses to streamline their processes and build business relationships with suppliers and partners all over the world. Through integrations with popular business applications. Veem Local is an online and fee-free option to send, receive, and reconcile business payments within the United States. Veem Cross Border provides access to online global payment tools and pricing and enables users to send, spend, hold and invoice…N/A
Pricing
OttimateVeem
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
OttimateVeem
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details—One flat platform fee for all accounts. Get access to all platform features for a flat monthly fee of $14.99 USD ($18.99 CAD). - 2 free transactions per month. Accounts will only be charged after their 2nd completed transaction. - ACH/EFT $0 send/receive - Fast Transfer 0.5% for same or next day ACH - Check (US only) $1.99 to send - Veem Wallet $0 send/receive - International wires $0 fees and competitive exchange rates - Global Credit card 2.9% - Global Debit card 1% - Global Instant deposit 1% – min. $1.50
More Pricing Information
Community Pulse
OttimateVeem
Considered Both Products
Ottimate
Verified User
Anonymous
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.
JE
Joe Ely
Accountant
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 …
Veem

No answer on this topic

Features
OttimateVeem
Payment Management
Comparison of Payment Management features of Product A and Product B
Ottimate
1.5
Ratings
134% below category average
Veem
-
Ratings
Customizable Approval Policies1.60 Ratings00 Ratings
Financial Document Management1.00 Ratings00 Ratings
Payment Status Tracking1.50 Ratings00 Ratings
Payment Audit Trail1.70 Ratings00 Ratings
Duplicate Bill Detection1.60 Ratings00 Ratings
Advanced OCR1.70 Ratings00 Ratings
Electronic Funds Transfer1.60 Ratings00 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Ottimate
1.4
Ratings
135% below category average
Veem
-
Ratings
Automated Accounts Payable Processes1.60 Ratings00 Ratings
Vendor Management1.50 Ratings00 Ratings
Tax Form Preparation1.10 Ratings00 Ratings
Best Alternatives
OttimateVeem
Small Businesses
Square 9 Softworks
Square 9 Softworks
Score 9.3 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.3 out of 10
Medium-sized Companies
Square 9 Softworks
Square 9 Softworks
Score 9.3 out of 10
Square 9 Softworks
Square 9 Softworks
Score 9.3 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
OttimateVeem
Likelihood to Recommend
5.5
(0 ratings)
-
(0 ratings)
Support Rating
9.0
(0 ratings)
-
(0 ratings)
User Testimonials
OttimateVeem
Likelihood to Recommend
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.
JE
Joe Ely
Accountant
Read full review
No answers on this topic
Pros
  • 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)
Keith Perry | TrustRadius Reviewer
Read full review
No answers on this topic
Cons
  • EDI options could increase.
  • BIll pay module could be improved.
  • Some support issues could be addressed sooner.
JE
Joe Ely
Accountant
Read full review
No answers on this topic
Support Rating
They have a dedicated support person for each customer who actually knows the product.
Turnaround is usually within an hour or faster.
Keith Perry | TrustRadius Reviewer
Read full review
No answers on this topic
Alternatives Considered
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.
Keith Perry | TrustRadius Reviewer
Read full review
No answers on this topic
Return on Investment
  • 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.
Verified User
Anonymous
Read full review
No answers on this topic
ScreenShots