Plate IQ

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Accounting & Finance

Inventory & Menu Development

PlateIQ is a cost saving automated customizable AP tool that is the whole package. We love having one integrated, user friendly system that does all our invoices, EDIs, statement reconciliation, credit card transactions, ACH and check cutting. We especially like the paper trail and approvals policies that we are able to customize- where we used to have email chains and excel sheets for rent payments, reconciliations, reporting... we now have PlateIQ to do it all. We were able to reduce cost by 1.5FTEs by switching.
We've been with PlateIQ for more than 3 years and every "dislike" we have had, we were able to bring to the table and watch them innovate. They are constantly improving in the little things as well as the larger direction and we're excited for their vision!

"The Whole Package"

I love how easy this is to use. The drag and drop feature is excellent. Not to mention, I am immediately alerted if there is a double invoice. Oh, I also really like how easily I can search products and invoices! Plate IQ has made this a breeze! I am now able to easily track purchase volume for any period of time. Because of that, I can purchase a bit more strategically which helps lower our costs. 

Really easy to use

I have never seen such a seamless organization of my invoices. Like, ever. There’s nothing I dislike about this system. It keeps me organized and I finally have peace of mind.

Seamless

It’s so easy to upload and export invoices now. With the accuracy rate so high, our AP process is now so easy for us and saves us a lot of time. My only recommendation would be to make the dashboard a little fresher. But that’s it. Plate IQ has really great features especially with the ability to pull from vendor websites and upload invoices on its own.

It has great features

Our restaurant is growing and we continue to add more locations. Having a centralized AP solution has been a game changer. The best part is that it allows me to have centralized access to all of our invoices. I also really like how I have online approval capabilities. Plate IQ’s ability to read individual invoice data is what sets it apart. I haven’t found any other solution that does that. 

Great solution

Plate IQ has a lot of features that help us accountants be more efficient. If your restaurant has hundreds of invoices coming in every month, the invoice processing is a huge benefit! Plate IQ scams the invoices and codes them for you and has them ready for you to schedule payment. Vendors are capable of sending their invoices directly to Plate IQ for processing which allows the invoices to be paid in a timely manner. Invoices can even be approved at myriad of leadership levels. It’s pretty incredible because the vendor can choose how they want to receive payment–check, ACH, or virtual card. Plate IQ has helped us with our AP and with creating accurate financial reports. It’s saved us so much time and money!

Efficient!

We are saving so much money with Plate IQ! We’ve eliminated our AP department because of this program which has saved us a ton of money. It’s also improved our relationship with our vendors because we’re able to get payments out accurately and timely. There’s no more need for a team of employees to do any of the things Plate IQ does like process inventory and cut checks. 

Saving a lot of money

It’s great. I can see every invoice on my phone whenever I want. I’ve been able to resolve so many problems by this one feature alone. 

Has solved so many problems

Resolving a lot of problems

Ease of use. I love the drag and drop feature.
The flag resolution. I wish the flag resolution process was more straightforward.

"Plate IQ is the best!"

Ease of use. Intuitive product. Saves time.
Delay in uploading of invoices. Otherwise I love it.

"Great Product. A Must Have"

Plate IQ is easy to work and easy to learn and teach as well. Its accuracy is great as well, and the time for uploads. I have trained, and also been the trainee on PIQ and it was one of the easiest and smoothest systems I have ever trained on or been trained on.
The Dashboard could use a little makeover, a little sore on the eyes.

"Great!"

Easy of use and Quickbooks integration. No need to pick GL mapping from a designated list, you sync Quickbooks Online with Plate IQ and your entire chart of accounts is available to choose from. It also remembers line items and will automatically code invoices to the correct GL. I also like how Plate IQ will mail the checks to your vendors directly, this cuts out a good amount of admin (unproductive) time.
I wish that the upload function worked in a more timely fashion. Or at least have the option to overide the upload process. Sometimes I need an invoice to be in faster, but it is stuck in the upload precess. The Upload process can take more than twenty four hours at times and that can be problematic. If the upload process was improved there would be very little to complain about with Plate IQ.

"Quality bill pay application with a very responsive support staff. QuickBooks integration is easy"

If you own multiple restaurants and have been unsure how to keep control over your accounting processes, Plate IQ is the answer. It streamlines our accounts payables process across multiple unique locations into a single dashboard. This is exactly the solution we had been searching for to ease the administrative workload to allow us to spend more time focusing on operations and development. If I were to pick something that could use improvement it would be the customer support response time. They are clearly inundated with a lot of other clients. That being said, it’s still a fantastic service. We’ve saved a lot of time weekly by eliminating manual data entry and by simplifying the invoicing process.

Fantastic service

How PlateIQ removes the coding process of invoices as the items are all recognized.
We do not have any dislikes. Once implemented and vendors and items are recognized- everything works seamless.

"PlateIQ Review"

The ability to transfer more of my time on work that matters instead of dealing with the fickle needs of invoices and bills. Easy to use, and clear and understandable instructions. New to payroll, new to finance, trying to manage your own bills in a clear, efficient way. Plate IQ is for you.
More features for families or couples group bills. But also does pretty well with this.

"Less invoices - More time back for you to work on what REALLY matters"

Invoice processing and accounts payable platform for restaurants 

Plate IQ

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