Ottimate
Category: Internal Fraud Monitoring
Rated 4.0/5 from 57 ratings.
Revolutionize your accounts payable experience with Ottimate's cutting-edge AP automation solutions — designed with your entire AP workflow in mind. Ottimate works harder, so AP Managers can work smarter. Ottimate eliminates time-consuming, manual tasks, so you can capture, code, approve, and pay any invoice from anywhere — all in a single system. Our innovative automation software uses powerful AI and deep-learning capabilities to increase accuracy, boost productivity, and provide invaluable insights into your spend. We also offer additional features to elevate your end-to-end accounts payable experience, including limitless customizations to meet your unique needs, seamless integrations with your ERP or accounting software, payment automation so you can make payments on your terms, insights and reporting to help you make informed financial decisions, PO matching for greater efficiency, instant capture for faster invoice uploads, and more! Don’t just automate AP. Ottimate it.
Website: https://ottimate.com/
Key Features
- ACH Payment Processing
- Expense Tracking
- General Ledger
- Duplicate Payment Alert
- Electronic Funds Transfer
- Mobile Access
- Cash Management
- Audit Trail
- Fraud Detection
- Purchase Order Reconciliation
- Accounting
- Activity Dashboard
- Document Management
- Accounting Integration
- Alerts/Notifications
- Billing & Invoicing
- Real-Time Analytics
- Real-Time Data
- Reporting & Statistics
- Recurring Payments
Integrations
- QuickBooks Online
- Xero
- NetSuite
- QuickBooks Online Advanced
- Sage Intacct
Review Summary
Overall, user sentiment towards Ottimate is mixed. Many users appreciate the time-saving aspects and efficiency of the software, but there are significant complaints regarding support issues, contract misunderstandings, and some functionality limitations.
Pros
- Cuts down time for processing invoices
- Convenient and cloud-based
- High accuracy in invoice processing
- Centralized access to invoices
- Easy approval process
Cons
- Long time for checks to reach vendors
- Weak customer support
- Lacking comprehensive reporting features
- Difficult setup and onboarding process
- Issues with data capture accuracy