vendor-payments
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Your Bill Pay Stack Wasn't Built for a Crowd
BILL, Stampli, Melio and AvidXchange can move vendor money across borders. Tipalti starts from a different problem: onboarding and paying a changing crowd of creators, affiliates and marketplace sellers at global scale.
Peakflo
Peakflo is a Singapore-founded, Y Combinator-backed (W22) finance automation platform that puts B2B accounts receivable and accounts payable on autopilot. It connects to accounting systems and ERPs to automate invoice collections, bill payments, expense reimbursements and reconciliation, helping finance teams get paid faster, cut vendor payment time and reclaim thousands of hours a month. Positioned as the AI-native alternative to legacy AP/AR tools for the mid-market and Southeast Asia.
TERA
TERA is an AI-native spend management and finance automation platform that gives businesses a single command center for corporate cards, accounts payable, procurement, and payments. Built around a team of autonomous AI agents that capture receipts, code bills, enforce policy, route approvals, and post to the ERP, TERA aims to replace spreadsheets and manual finance ops with real-time, self-driving workflows. Founded by Madhu Tera in Acton, Massachusetts, the company markets itself to finance teams across healthcare, manufacturing, e-commerce, logistics, and agritech.
Ottimate
Ottimate (formerly Plate IQ) is an AI-powered accounts payable automation platform that captures, codes, verifies, and pays invoices end-to-end. Founded in 2014 to fix the back-office mess inside restaurants, it now serves CFOs and AP teams across hospitality, healthcare, construction, retail, and grocery.
Barrett Boston
Barrett Boston is the former Chief Executive Officer of Ottimate (formerly Plate IQ), a San Francisco-based AI-powered accounts payable automation platform. Appointed CEO in October 2021 following FTV Capital's majority investment, Boston transformed the company from a restaurant-focused invoice tool into a multi-industry AP automation leader serving hospitality, healthcare, grocery, retail, construction, and manufacturing sectors. Under his leadership, Ottimate rebranded from Plate IQ, raised $160 million in Series B funding, launched an industry-first AI engine for AP, and introduced Conversational AP - an AI assistant for finance teams. Boston stepped down in March 2026, passing the CEO role to Shawn Lane. His career spans IBM, TravelClick, TriNet, and Merrill Lynch, with an MBA from Harvard Business School and a BA in Economics from Duke University.