Ottimate

Ottimate, formerly known as Plate IQ, is an AI-driven accounts payable (AP) automation software company founded in 2014 by Bhavuk Kaul and Ram Jayaraman. The company specializes in providing industry-customizable AP automation solutions for sectors such as restaurants, healthcare, and construction. Ottimate's platform leverages deep learning AI to streamline the entire invoice lifecycle, offering features like detailed GL mapping, spend management, and purchase order matching. The company, headquartered in San Francisco, has received $4.5 million in funding and integrates seamlessly with various accounting and inventory software to eliminate manual data entry, thus enhancing productivity and accuracy.

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