Plate IQ
Foodservice procurement and inventory management
Plate IQ streamlines purchasing, procurement, and inventory management for restaurants. It provides supplier management, recipe costing, and spending analytics to optimise foodservice spending.
| Pricing from | Custom |
| Best for | Restaurants and multi-unit operators seeking to optimise procurement and supplier relationships |
| Website | www.plateiq.com |
Company facts
| Social profiles | LinkedIn, X, Facebook, Instagram |
Facilities and features
- API
- Integrations
- Mobile app
What stands out
The AI tool maps invoices to your GL automatically and accurately with machine learning.
“Map invoices to your GL automatically and accurately with industry-leading AI machine learning. Invoice Automation Payment Automation”Plate IQ, own website
Plate IQ schedules payments via check, ACH, or Virtual card to earn cashback.
“Schedule payments via check, ACH, or Virtual card and earn cashback without any extra work. Payment Automation”Plate IQ, own website
Strengths and trade-offs
- Powerful supplier management and spending analytics capabilities
- Streamlines ordering process and reduces procurement time
- Requires active supplier participation and integration to maximise benefit
- Can have a steep learning curve for smaller operations unfamiliar with detailed procurement management
Appears in
AI procurement tools that integrate with NetSuite
1
Tipalti92.02
Precoro90.03
Procurify90.0RANKINGfull ranking →SOFTWAREVERIFIEDAccounts payable software with QuickBooks integration
1
Datamolino98.02
Cleo Pay96.03
Lightyear Automated Accounts Payable96.0RANKINGfull ranking →SOFTWAREVERIFIEDAccounts payable software for restaurants
1
Instant Books96.02Cleo Pay94.03
MarketMan94.0RANKINGfull ranking →SOFTWAREVERIFIEDBest accounts payable software
1
Bill.com94.02
Melio94.03Tipalti94.0RANKINGfull ranking →SAASTop 10 Procurement Software
1
Coupa95.02
SAP Ariba92.73
Jaggr90.3RANKINGfull ranking →SAASTop 10 Restaurant Management Software
1
Toast POS95.02
Square for Restaurants92.73
MarginEdge90.3RANKINGfull ranking →How Plate IQ ranks
#5 in Accounts payable software for restaurants
How the score is made up: Evidence on its own site 20; How complete its published information is 16; Fit to this ranking's criteria 40; Buying information on its own site 12.
“Ottimate is AP automation AI that provides a smarter way for AP managers, approvers, controllers and CFOs to work through the entire invoice lifecycle.”Plate IQ, own website
“Ottimate started as an AP automation solution dedicated to the restaurant industry in 2014 under the name Plate IQ, doing what no other AP automation software could do: capture important line item detail.”Plate IQ, own website
#8 in Accounts payable software with QuickBooks integration
How the score is made up: Evidence on its own site 20; How complete its published information is 16; Fit to this ranking's criteria 40; Buying information on its own site 12.
“Ottimate is AP automation AI that provides a smarter way for AP managers, approvers, controllers and CFOs to work through the entire invoice lifecycle.”Plate IQ, own website
“Integrations MegaMenu Integrations Integrations QuickBooks Automate your AP process with our QuickBooks API integration.”Plate IQ, own website
#5 in AI procurement tools that integrate with NetSuite
How the score is made up: Evidence on its own site 20; How complete its published information is 16; Fit to this ranking's criteria 40; Buying information on its own site 8.
“Ottimate started as an AP automation solution dedicated to the restaurant industry in 2014 under the name Plate IQ, doing what no other AP automation software could do: capture important line item detail.”Plate IQ, own website
“NetSuite Automate your AP process with our NetSuite API integration.”Plate IQ, own website
#6 in Best accounts payable software
How the score is made up: Evidence on its own site 20; How complete its published information is 16; Fit to this ranking's criteria 40; Buying information on its own site 12.
“Ottimate started as an AP automation solution dedicated to the restaurant industry in 2014 under the name Plate IQ, doing what no other AP automation software could do: capture important line item detail.”Plate IQ, own website
Alternatives to Plate IQ
| Tipalti | #1 in AI procurement tools that integrate with NetSuite | 92.0 |
| Precoro | #2 in AI procurement tools that integrate with NetSuite | 90.0 |
| Procurify | #3 in AI procurement tools that integrate with NetSuite | 90.0 |
 RampBuild a smarter financial future | #4 in AI procurement tools that integrate with NetSuite | 90.0 |
 Tradogram | #6 in AI procurement tools that integrate with NetSuite | 84.0 |
 MorphikYour back office, run by AI | #7 in AI procurement tools that integrate with NetSuite | 82.0 |
Questions about Plate IQ
How much does Plate IQ cost?
Lister lists Plate IQ's pricing as: Custom.
Who is Plate IQ best for?
Plate IQ is best for restaurants and multi-unit operators seeking to optimise procurement and supplier relationships.
Where does Plate IQ rank?
Plate IQ is ranked #5 in AI procurement tools that integrate with NetSuite (Lister Score 84.0), #5 in Accounts payable software for restaurants (Lister Score 88.0), #6 in Best accounts payable software (Lister Score 88.0), #6 in Top 10 Restaurant Management Software (Lister Score 83.3), #8 in Accounts payable software with QuickBooks integration (Lister Score 88.0) and #10 in Top 10 Procurement Software (Lister Score 72.0).
What are the best alternatives to Plate IQ?
The closest alternatives on Lister are Tipalti (#1 in AI procurement tools that integrate with NetSuite), Precoro (#2 in AI procurement tools that integrate with NetSuite) and Procurify (#3 in AI procurement tools that integrate with NetSuite).
Is this your company?
Claim Plate IQ to suggest corrections to its listing (pricing, features, details) or ask about an enhanced profile. We review every claim before anything changes.