Used by 79% ProfessionalsPlate IQ Overview
/5
- Linux
- Windows
- Large Enterprises
- Small Businesses
Plate IQ is an AP automation platform that helps organizations with automated invoice management, billing, and data insights. This platform is designed to support various industries be it restaurants, country clubs, Hotels, or Grocery businesses, with Plate IQ you can seamlessly handle all your invoices efficiently.
About Plate IQ
Plate IQ Features
- Accounting Integration : Helps to combine major financial accounting functions into one application.
- ACH Payment Processing : It allows you to accept payment in the most cost-effective way to save money on transaction fees.
- Inventory Management : Help to track and identify which and how much stock to order at what time.
- Invoice Processing : Assists your company in keeping track of its cash flow on a continuous basis.
- Vendor Management : Helps to control costs, mitigate risks and bring continuous improvement throughout the contract life cycle.
- Recurring Payments : Makes the payments simple and hustle-free by eliminating the cost associated with manual billing.
Plate IQ Ratings and Reviews
- Loni S.Food & Beverages
Plate IQ has many features that help accountants be more efficient and produce accurate financial reports. The invoice processing is a huge benefit, especially if your company has hundreds of invoices coming in every month. Plate IQ scans those invoices, codes them for you and has them ready for you to schedule payment. Easy! Vendors can even send their invoices directly to Plate IQ for processing and the invoices will be ready for you to pay in a very short period of time. Invoices can be approved at multiple leadership levels within your organization. Once invoices have been scheduled for payment, payments go out quickly via check, ACH or virtual card. You can let the vendor choose how they would like to receive payment! Another huge benefit is the accounting integration. Plate IQ transfers invoices and payments directly to your accounting software automatically! All the while Plate IQ is handling your Accounts Payable needs, and helping you to create accurate financial data, you are free to work on other important matters! Time-efficient, accurate, and easy. Winning!
- Verified User in RestaurantsSmall-Business(50 or fewer emp.)
Items are not processed precisely how they read on the invoice. They leave off numbers, letters, and dashes that are important in item numbers. Misspelling that causes new items to be created along with whether an item has capital or lowers case letters or not. You can tell if two people are doing one invoice and exactly where one stops and the other starts. Inconsistancy in the processing comes a lot from misspelling. This is much more time consuming than we were lead to believe. Review collected by and hosted on G2.com.
