Company Information

Get to know Plate IQ

Founded in 2014, Plate IQ, Inc. developed a leading accounts payable automation platform specifically tailored for the restaurant and hospitality industry. The company's mission is to eliminate manual data entry and simplify invoice management, bill payments, and expense tracking through AI-powered software. The platform uses optical character recognition (OCR) to digitize invoices, integrates with accounting systems, and provides tools for cost analysis and vendor payments. In 2023, Plate IQ rebranded to Ottimate to reflect its expanded focus on serving a broader range of businesses beyond hospitality with its intelligent AP automation solutions.

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Technology Software DevelopmentPRIMARY
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Plate IQ

United States

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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