AP Automation Software for Retail Stores

Improve Cost Controls with AP Built for Retail

Maximize cost savings with AI-powered AP automation that uncovers cost discrepancies and boosts bottom-line results

retail stores

Key challenges for retail stores

Retailers face razor-thin margins, supply chain volatility, and heavy AP workloads. Ottimate helps reduce errors, improve visibility, and safeguard profitability.

Catching discrepancies

Price, quantity, and item mismatches drain AP resources and create costly errors.

Manual 
processes

Reviews, data entry, and coding consume staff time and slow down financial insights.

Payment delays

Manual approvals and month-end chaos lead to late or missed payments.

Fraud risk

Duplicate or fraudulent invoices often slip through manual checks, risking losses.

Safeguard margins and improve cost controls

A guide to AP automation for retail

Download the ultimate guide to AP automation for retail. Learn how Ottimate helps retailers catch cost discrepancies, automate 90%+ of AP tasks, and free finance teams to focus on growth and delivering better customer experiences.

A guide to AP automation for retail

Easy payables from loading dock to ERP

Ottimate AI automates invoice capture, coding, approvals, and payments, helping retailers save time, reduce fraud, and boost profitability across locations.

Find errors

Identify cost and delivery discrepancies to minimize revenue loss.

Improve accuracy

Automate coding and reduce manual errors across invoices.

Gain visibility

Remove the guesswork from DSD receiving and ensure you buy at the best value.

Make decisions

Let AI surface insights so finance teams focus on strategy.

Improve profitability

Enforce spend controls and catch costly errors early.

Reduce risk

Prevent duplicates, fraud, and missed payments automatically.

Multi-location oversight

Maintain control of invoices across every store location.

Control cash flow

Gain clear visibility into vendor payments and upcoming invoices, while earning cash back.

Easily find price discrepancies on your invoices

Cost File Validation

Ottimate’s cost file validation compares invoices line-by-line against your SMS cost file. Discrepancies are flagged instantly, helping retailers protect margins and eliminate manual review while Otti AI continuously learns to recommend better pricing and ordering.

Streamline DSD receiving workflows

Receiver Validation

Leverage our receiver module to confirm that the quantity, price, and items received match their vendor invoice. Easily see item exceptions, including unauthorized, discontinued, or inactive products. Verify invoice quantities to ensure payment is made only for goods received. Reduce time spent on price validation and unnecessary spending.

Invoice approvals

Invoice Processing

Process invoices up to 80% faster with Ottimate’s smart capture and AI-driven coding. Approvals route automatically, freeing AP teams from data entry and reducing close times.

Get control of spend

Cost Analysis Dashboard

Uncover trends in vendor, category, and GL-level spend with Ottimate’s dashboard. Spot cost increases in real time, optimize purchasing, and make data-driven financial decisions to safeguard margins.

Frequently Asked Questions

Ottimate is optimized for businesses that are looking to grow. Our AP automation streamlines the workflow for adding additional locations.
Streamlined workflows ensure that payments are made on time and disputes are simple to resolve. Ottimate helps increase transparency and facilitates conversations with vendors.
Ottimate offers an advanced AP Automation solution that uses AI and machine learning for highly accurate invoice digitization. Our software is easy to implement, user-friendly, and integrates seamlessly with your existing accounting systems.