Side-by-side comparison

NEXOS vs Ottimate

Ottimate (formerly Plate IQ) is a strong AP-automation tool. But if you also need inventory, recipe costing, POS data, and labor in one place, you'd be buying a second platform. Here's the honest comparison — facts, not marketing.

Ottimate does AP well — NEXOS does the whole back office

One platform, not two

Ottimate is AP automation only — no inventory, recipe costing, POS integration, or labor. With NEXOS you get extraction, cost tracking, and scheduling in one place instead of stitching a second tool on top.

Published pricing, month-to-month

NEXOS starts at $49/location/month, on the pricing page, month-to-month. Ottimate has no public pricing and a reported 1-year auto-renewal, with revenue leaning on virtual-card payments.

Fits 2 to 500 locations

Ottimate is built for mid-market and enterprise AP teams. NEXOS scales the same platform from a single independent to 500 locations — and respects Ottimate's strong extraction heritage while covering far more of the job.

Feature-by-feature comparison

Every row below comes from published Ottimate documentation or customer reports. Corrections welcome at sales@nexosscan.com.

What the product is

Core focus
NEXOS: Unified back office — extraction, cost tracking, scheduling, reporting
Ottimate: AP automation only (formerly Plate IQ)
Built for
NEXOS: 2–500 locations — independents through enterprise
Ottimate: Mid-market / enterprise AP teams
Revenue model
NEXOS: Subscription, published per location
Ottimate: Leans on virtual-card payment revenue

Scope of the platform

Invoice extraction
NEXOS: Yes — NexosIQ
Ottimate: Yes — strong extraction heritage
Inventory
NEXOS: Yes
Ottimate: No
Recipe / menu costing
NEXOS: Yes — CostIQ line-item costing
Ottimate: No
POS integration
NEXOS: Yes — Square, Clover, Revel, and more
Ottimate: No
Labor / scheduling
NEXOS: Yes — full builder + Sam's drafted schedules
Ottimate: No
Tools needed for the full job
NEXOS: One — NEXOS
Ottimate: AP here; a second tool for inventory, costing, and labor

Setup & Onboarding

Time to first invoice scanned
NEXOS: Under 5 minutes
Ottimate: Implementation / onboarding process
Implementation fees
NEXOS: None
Ottimate: Onboarding for AP workflows
Consultant required
NEXOS: No
Ottimate: Guided onboarding typical for enterprise AP

Extraction Technology

Both extract line items
NEXOS: Yes — NexosIQ
Ottimate: Yes — well-regarded extraction
Extraction engine
NEXOS: NexosIQ — 3-pass adaptive pipeline (standard → high-contrast → Extended Thinking)
Ottimate: Established OCR pipeline
Accuracy on first pass
NEXOS: 99%
Ottimate: Strong; the contrast is scope and pricing, not whether it extracts
Multi-vendor PDF split
NEXOS: Auto-detects and splits
Ottimate: Per-vendor handling

Search & Retrieval

Find an invoice from 6 months ago
NEXOS: Search bar — semantic NexosIQ Search
Ottimate: AP filters and approval history
Natural-language queries
NEXOS: Yes ("Korean food distributor", "cleaning supplies")
Ottimate: Keyword / filter-based
Cross-vendor line-item search
NEXOS: Instant
Ottimate: Limited

Line-Item Intelligence

Automatic categorization
NEXOS: CostIQ — 19 categories per line item, no manual tagging
Ottimate: GL coding for AP
Per-category P&L
NEXOS: Native, real-time
Ottimate: AP / GL reporting

Platform

Mobile apps
NEXOS: Native iOS + Android
Ottimate: Web-centric AP workflows
Offline scanning
NEXOS: Yes — queues and auto-syncs
Ottimate: Limited
REST API
NEXOS: 200+ endpoints, public OpenAPI spec
Ottimate: Enterprise / partner integrations
Single Sign-On
NEXOS: Professional tier ($149/mo)
Ottimate: Enterprise dependent
White-label / Partner API
NEXOS: Yes — 3 tiers
Ottimate: No

Pricing & Commitment

Starting price
NEXOS: $49/location/month, published
Ottimate: Quote-only — no public pricing
Full back office (scan + schedule + cost)
NEXOS: $99/location/month (Business tier)
Ottimate: AP only — other modules don't exist here
Price transparency
NEXOS: On the pricing page
Ottimate: Quote only
Contract
NEXOS: Month-to-month available
Ottimate: Reported 1-year auto-renewal

When NEXOS is the better fit than Ottimate

  • You need inventory, recipe costing, or POS data — not just accounts-payable automation.
  • You want labor and scheduling in the same platform instead of buying a second tool.
  • You're an independent or small chain, not a mid-market/enterprise AP department.
  • You want published, month-to-month pricing instead of a quote and a 1-year auto-renewal.
  • You'd rather not have your AP vendor's revenue lean on virtual-card payments.
  • You want a REST API with a public OpenAPI spec so your dev team can build on it.

See for yourself in 5 minutes

Sign up, add a location, and scan your first invoice — then explore the inventory, costing, and scheduling Ottimate doesn't cover. If NEXOS doesn't win in your own workflow, we'd rather you stay with Ottimate.

Try NEXOS