Ottimate vs SAP Concur Invoice

Ottimate automates accounts payable across invoice capture, coding, approvals and vendor payments. It uses machine learning to capture invoice headers and line items, learn GL coding from invoices, route approvals, and match invoices to purchase orders and receipts. Its features page reports 99.5% header-level capture accuracy, 95% line-item accuracy, and automatic coding for 93.3% of line items. Teams can pay vendors centrally by virtual card, ACH or check, while spending analysis surfaces trends, outliers, invoice risk and cash-flow insights. The maker lists QuickBooks, NetSuite, Acumatica and Sage Intacct integrations, and says it connects with hundreds of accounting systems. Web, iOS and Android access is available; the mobile app supports invoice and document capture, coding, payment approvals and scheduling, expense management, notifications, reporting and spend tracking. Ottimate states that its AP automation is SOC 2 Type 1 and Type 2 compliant and uses industry-standard encryption and security. Pricing for the product is on request, and the maker says implementation takes 6–12 weeks. Listed payment issue costs range from complimentary ACH to $20.99.

SAP Concur Invoice is cloud-based accounts payable software for finance teams. It supports invoice processing, AI invoice capture, approvals, purchase order matching, supplier payments, and reporting. The system can match invoices with purchase orders and receipts, then flag discrepancies. Invoices are kept in a centralized cloud system with a digital audit trail. ERP and accounting connections are supported through pre-built connectors, open APIs, and secure file transfers; custom approval levels and multi-entity support are also listed. The SAP Concur mobile app, available for iPhone and Android, supports invoice review and approval, alongside web access. Concur Invoice can be combined with Concur Expense and Concur Travel to manage business spending in one system. Pricing is on request, and there is no free plan. SAP Concur says it conducts internal and external penetration testing at least annually and after significant infrastructure, segmentation, or application changes, including testing of Concur Invoice. Enterprise Support Cloud Edition includes resources such as training materials, knowledge-transfer assets, and practices for resolving issues. First-level technical support through the User Support Desk is a paid service that some customers add, not a universal inclusion.