Case Study: Plate IQ achieves streamlined AP, cost savings, and rapid card program growth with Marqeta

AP automation software helps restaurants and hospitality companies grow with innovative card issuing

Plate IQ, a provider of accounts payable automation software for restaurants and hospitality businesses, needed a modern card issuer processor to power its corporate expense offering (the Plate IQ Card) so customers could instantly issue cards, control spend, and reduce manual AP work. To meet that need, Plate IQ selected Marqeta and its platform—leveraging features like Gateway JIT Funding, virtual and physical card issuing, and dynamic spend controls—to integrate card programs directly into its AP workflow.

Marqeta enabled Plate IQ to issue physical and single‑use or reloadable virtual cards, enforce real‑time spend controls via Gateway JIT Funding, and rapidly launch an API‑driven card program; as a result Plate IQ’s processing volume on Marqeta’s platform grew 1,991% year‑over‑year by July 2022, while customers saw reduced fraud risk, faster launches, and operational cost and time savings. Marqeta’s flexible, scalable platform directly supported Plate IQ’s ability to scale the Plate IQ Card and improve customer efficiency.

Plate IQ

Krishna Janakiraman

VP of Engineering