Ottimate
8.2#4 in accounts payable software$0.50 one-timeFree planAndroidiOSWebAPI
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| Fact | Ottimate | Rho |
|---|---|---|
| Company history | Ottimate says it began as Plate IQ in 2014, initially focused on AP automation for restaurants. | Rho states that it started in 2018 to build a financial services platform for companies. |
| Product | Ottimate is AI-powered accounts payable automation for AP managers, approvers, controllers, and CFOs across the invoice lifecycle. | Rho is a finance platform combining business banking, corporate cards, expense management, bill pay, treasury and accounting automation. |
| Security | Ottimate states that its AP automation is SOC 2 Type 1 and Type 2 compliant and uses industry-standard encryption and security. | Rho Checking deposits are held at Webster Bank, a division of Santander Bank, N.A., Member FDIC, with insurance up to $250,000 per depositor and ownership category. |
| Support | Customers can contact their support team through the website or the Ottimate platform. | Rho advertises 24/7 support from day one for enterprise customers. |
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.
Rho suits companies looking to combine banking, cards, expense controls, bill pay, and accounting automation. Corporate card applicants must have a business incorporated in the United States and an EIN.