PLATE IQ

Accounting & Finance, Inventory & Menu Development

Preferred Partner

Invoice processing and accounts payable platform for restaurants

Available in: USA | CAN

Price

Available upon request

Integrations

Quickbooks

Microsoft Dynamics

Oracle Netsuite

Key Functions

Accounting and expense management
Statement and invoice monitoring
Inventory management

Key features

Easily integrates with accounting platforms
One-click bill pay
Expense management
Cloud-based data storage
Offers Plate IQ cards — similar to corporate cards — which can be issued and edited on demand
Ability to pay thousands of vendors directly from the platform
Restaurants can earn cash back on invoices
Software flags discrepant statements and missing invoices

Our Perspective

In partnership with Expedite

How can Plate IQ help your restaurant?

Plate IQ was launched in 2014 to help restaurants simplify and automate their accounts payable, handling everything from invoice digitization to bill pay. The company processes $2 billion in payments annually, 50,000 invoices daily, and serves 20,000 customers. Restaurants that use its software say they spend an average of 80% less time on invoices.

Plate IQ counts Cava, chef Thomas Keller, and W Hotels among its customers.

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REVIEWS

Summary

4.8

16 Reviews

Ease of Use

4.9

Reliability

4.8

Price

5.0

Support

4.9

Cassie Z

"The Whole Package"

5/4/22

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!

Helpful?

Glenn Ryder

Really easy to use

2/26/22

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.

Helpful?