
Bottomline AP Automation
6.7#41 in accounts payable softwareAndroidiOSWeb
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| Fact | Bottomline AP Automation | Ottimate |
|---|---|---|
| Company history | Bottomline says it has been modernizing global business payments since 1989. | Ottimate says it began as Plate IQ in 2014, initially focused on AP automation for restaurants. |
| Founded | 1989 | 2014 |
| Implementation | Bottomline says a typical full AP automation go-live can take 60–90 days, with its teams working with customer IT, finance, and executive sponsors. | Ottimate says implementation takes 6–12 weeks. |
| Invoice capture | It ingests invoices from mail, email, self-scanning, or other sources and uses OCR and data extraction to capture header and line-item information. | The platform captures invoice header and line-item details from multiple formats, including handwritten invoices. |
| Mobile app | The Paymode mobile app, available through the Apple and Google app stores, supports invoice and payment review, approval, and tracking. | The iOS and Android mobile app supports invoice and payment approvals, document capture, expense management, notifications, and reporting. |
| Payments | The payments offering includes Premium ACH and virtual card payments, with supplier enrollment handled by Bottomline. | Ottimate lets customers pay vendors from a central platform using methods including virtual card, ACH, and checks. |
| Security | Paymode authenticates and verifies network businesses, uses multi-factor authentication, and monitors more than 300 data points. | Ottimate states that its AP automation is SOC 2 Type 1 and Type 2 compliant and uses industry-standard encryption and security. |
You want what its maker publishes above — check its page for the details.
Ottimate suits finance teams managing invoices, approvals, vendor payments, and spend across hospitality, accounting firms, and other industries. It also offers mobile tools for invoice and payment tasks.