Ottimate is an automated accounts payable platform.
N/A
QuickBooks Online Advanced
Score 8.6 out of 10
N/A
QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.
N/A
Pricing
Ottimate
QuickBooks Online Advanced
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Ottimate
QuickBooks Online Advanced
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
—
—
More Pricing Information
Community Pulse
Ottimate
QuickBooks Online Advanced
Features
Ottimate
QuickBooks Online Advanced
Payment Management
Comparison of Payment Management features of Product A and Product B
Ottimate
1.5
2 Ratings
134% below category average
QuickBooks Online Advanced
-
Ratings
Customizable Approval Policies
1.62 Ratings
00 Ratings
Financial Document Management
1.02 Ratings
00 Ratings
Payment Status Tracking
1.52 Ratings
00 Ratings
Payment Audit Trail
1.72 Ratings
00 Ratings
Duplicate Bill Detection
1.62 Ratings
00 Ratings
Advanced OCR
1.72 Ratings
00 Ratings
Electronic Funds Transfer
1.62 Ratings
00 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Ottimate
1.4
2 Ratings
130% below category average
QuickBooks Online Advanced
-
Ratings
Automated Accounts Payable Processes
1.62 Ratings
00 Ratings
Vendor Management
1.52 Ratings
00 Ratings
Tax Form Preparation
1.12 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
9.1
93 Ratings
18% above category average
API for custom integration
00 Ratings
8.376 Ratings
Plug-ins
00 Ratings
9.981 Ratings
Security
Comparison of Security features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
9.0
164 Ratings
8% above category average
Single sign-on capability
00 Ratings
9.1146 Ratings
Role-based user permissions
00 Ratings
8.9160 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
8.5
177 Ratings
8% above category average
Dashboards
00 Ratings
8.9167 Ratings
Standard reports
00 Ratings
8.9176 Ratings
Custom reports
00 Ratings
7.8168 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
9.2
179 Ratings
17% above category average
Accounts payable
00 Ratings
9.2173 Ratings
Accounts receivable
00 Ratings
9.6168 Ratings
Cash management
00 Ratings
9.0149 Ratings
Bank reconciliation
00 Ratings
9.4171 Ratings
Expense management
00 Ratings
9.6158 Ratings
Time tracking
00 Ratings
9.690 Ratings
Multi-currency support
00 Ratings
9.646 Ratings
Multi-division support
00 Ratings
7.677 Ratings
Regulations compliance
00 Ratings
9.280 Ratings
Electronic tax filing
00 Ratings
9.5100 Ratings
Self-service portal
00 Ratings
9.796 Ratings
Primary and Secondary Ledgers
00 Ratings
9.976 Ratings
Intercompany Accounting
00 Ratings
7.476 Ratings
Journals and Reconciliations
00 Ratings
9.5155 Ratings
Enterprise Accounting
00 Ratings
8.466 Ratings
Configurable Accounting
00 Ratings
9.784 Ratings
Centralized Rules Framework
00 Ratings
9.365 Ratings
Standardized Processes
00 Ratings
9.0119 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Ottimate
-
Ratings
QuickBooks Online Advanced
9.5
72 Ratings
26% above category average
Inventory tracking
00 Ratings
9.572 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
It is well targeted at restaurants and similar service organizations with complex COGS. It dovetails well with complementary systems like FinTech payments. It wasn't designed by accountants, so there is a bit of roughness. Reporting is very limited: would like to see some SQL / build your own report functionality. Lookups are reasonably robust (filter for amount, time, vendor, etc). It is occasionally unstable but recovers gracefully. From our use case, it would be preferable to have the user approving the invoice ALSO have the ability to attach documents. This is left to the payment approver, who in our case is the "check signer".
Smaller businesses that need affordable accounting software that many people are used to should look at Quickbooks. QuickBooks makes it easier for people to access your books from multiple locations. If cost is an issue, QuickBooks is very affordable, given you do not need to install and maintain a server.
It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
QuickBooks Online Advanced is very easy to use and the data is very transparent. The reporting shortfalls (not being able to report the current month and YTD results on the same report) as well as the issues with the limitations with the management reports.
We used DocuWare first; great experience; however, it was not made specifically for restaurant clients like Plate IQ is. Plate IQ does a much better job of recognizing common items, and they've continued to add a function that is important for restaurant owners. Restaurant 365, we felt, was trying to be a complete package of accounting/AP/AR/inventory. After looking at each piece, we didn't feel that each of them was as strong as the other.
QuickBooks Online Advanced isn’t as robust as Netsuite or Sage, but it is generally a great choice for most businesses. This software will meet or exceed the needs of most companies, and should be the first part of your accounting software decision. I would even reach out to a QuickBooks Online Advanced expert to ensure you need to step up to Sage or Netsuite before doing so on your own.
In my opinion, it has had zero impact on ROI now that we are paying for an additional year.
Another negative is that we've spent a lot of time discussing this issue with Plate IQ, to no avail. They feel it's appropriate to charge a company for an entire year of service even though said company emailed to cancel prior to the end of the first year of service.
We also wasted a lot of time onboarding this company only to find out that the software left a lot to be desired.