
Centime AP Automation
6.2#70 in accounts payable softwareWeb
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| Fact | Centime AP Automation | Ottimate |
|---|---|---|
| Founded | 2022 | 2014 |
| Invoice capture | OCR captures invoice header and line-level detail, while AI predicts GL coding and learns coding patterns over time. | The platform captures invoice header and line-item details from multiple formats, including handwritten invoices. |
| Payments | Users can pay by check, ACH, wire, or virtual card, including international wires with transparent FX rates. | Ottimate lets customers pay vendors from a central platform using methods including virtual card, ACH, and checks. |
| Security | Centime states that it is SOC 1 and SOC 2 Type II certified, uses AES-256 encryption at rest and in transit, and performs periodic vulnerability assessments and penetration tests. | Ottimate states that its AP automation is SOC 2 Type 1 and Type 2 compliant and uses industry-standard encryption and security. |
Centime AP Automation suits mid-market finance teams using QuickBooks, Microsoft Dynamics Business Central, Oracle NetSuite, or Sage Intacct. Teams needing multi-entity support, supplier self-service, and payment options beyond checks may also find it relevant.
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.