Ottimate is an automated accounts payable platform.
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Webexpenses
Score 9.2 out of 10
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Webexpenses is a global provider of spend management solutions, combining integrated Expense Cards with cloud-based software for businesses of all sizes across 70+ countries. Serving industries such as retail, finance, technology, construction, and not-for-profit, Webexpenses gives businesses control over company spending by automating processes, proactively enforcing policies, and controlling costs. Features The Webexpenses…
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Pricing
Ottimate
Webexpenses
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Ottimate
Webexpenses
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
$250 null
Additional Details
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More Pricing Information
Community Pulse
Ottimate
Webexpenses
Features
Ottimate
Webexpenses
Payment Management
Comparison of Payment Management features of Product A and Product B
Ottimate
1.5
Ratings
134% below category average
Webexpenses
8.2
Ratings
0% above category average
Customizable Approval Policies
1.60 Ratings
8.10 Ratings
Financial Document Management
1.00 Ratings
7.80 Ratings
Payment Status Tracking
1.50 Ratings
8.20 Ratings
Payment Audit Trail
1.70 Ratings
8.60 Ratings
Duplicate Bill Detection
1.60 Ratings
8.10 Ratings
Advanced OCR
1.70 Ratings
7.80 Ratings
Electronic Funds Transfer
1.60 Ratings
8.70 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Ottimate
1.4
Ratings
130% below category average
Webexpenses
-
Ratings
Automated Accounts Payable Processes
1.60 Ratings
00 Ratings
Vendor Management
1.50 Ratings
00 Ratings
Tax Form Preparation
1.10 Ratings
00 Ratings
Expense Management
Comparison of Expense Management features of Product A and Product B
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.
Really suits me well for making mileage claims, the map works well and it has an accurate log of addresses. Very handy and easy to be able to add any necessary receipts. Could be a good idea to include live road closures? but I understand that's quite tricky to do. Really easy to be able to move routes when you have gone a different way than recommended.
When you click add receipts after putting the details of your expense, you get the impression that you have done something incorrect from the prompt that you receive
Two options for adding receipts can confuse people when training them on how to use
It depends if alternative systems for other functions (HR / Payroll) have expenses functionality included as a supplementary service. If they’re part of a total system then having a separate system for expenses when another system provides the functionality (even if mildly less efficient, etc) then it wouldn’t be viable
Based on what I have used it for, it was very easy to use and navigate. The approval process was already setup on the back end so there was no confusion on my end. Notifications were sent to my email based on status which made it helpful to understand where an expense was in the process.
The support for the initial setup was great, but since then we have only had to contact support once when we had problems uploading credit card files. The help we received at this time was not good and we ended up trying various things until we resolved the problem ourselves. The online support tutorials are good, but searching for a specific issue is difficult.
It was difficult to train multiple people via video, as they learned at different speeds, and most of the user champions were not as capable with systems and finance processes as our dept.
The ease of use of the platform has been the biggest benefit of this system. We didn't need to provide any structured training to our staff, we just sent out the link and people were able to intuitively use the platform. Other competitors were harder to navigate and to use.
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.