MineralTree
6.4#55 in accounts payable softwareWebAPI
VisitMineralTree vs Ottimate
What both publish
| Fact | MineralTree | Ottimate |
|---|---|---|
| Company history | MineralTree says it was founded in 2010 to transform accounts payable through end-to-end automation. | Ottimate says it began as Plate IQ in 2014, initially focused on AP automation for restaurants. |
| Founded | 2010 | 2014 |
| Implementation | TotalAP implementations average four weeks from kickoff to first payment, with some customers onboarded in two to three weeks. | Ottimate says implementation takes 6–12 weeks. |
| Integrations | TotalAP supports direct API connections with QuickBooks, Sage Intacct, Oracle NetSuite, and Microsoft Dynamics GP, plus File Connect for systems including Acumatica and Sage 50. | The maker lists QuickBooks, NetSuite, Acumatica, and Sage Intacct integrations and says it connects with hundreds of accounting systems. |
| Invoice capture | Invoice capture uses optical character recognition and human validation, with accuracy stated as up to 99%. | The platform captures invoice header and line-item details from multiple formats, including handwritten invoices. |
| Payments | The virtual card feature uses single-use tokenized card numbers tied to a supplier, amount, and timeframe, and earns rebates on eligible spend. | Ottimate lets customers pay vendors from a central platform using methods including virtual card, ACH, and checks. |
| Support | MineralTree support lists phone and email assistance Monday through Friday, 8 a.m. to 8 p.m. Eastern Time. | Customers can contact their support team through the website or the Ottimate platform. |
MineralTree plans
- TotalAPPriced on request
Ottimate plans
- Priority ACHFree
- Standard ACHFree
- Fast ACH$0.50, paid once
- Standard Check$5, paid once
- Priority Check$14.99, paid once
- Overnight Check$20.99, paid once
Pick MineralTree if…
TotalAP suits mid-market organizations seeking invoice-to-payment automation and multi-entity support. MineralTree also offers Inspyrus for high-volume, multi-ERP enterprise environments.
Pick Ottimate if…
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.