FTV Management Company, L.P.
  • News
  • Insights
  • Company
  • Growing Companies
    • Overview
    • FTV Propel®
  • Global Partner Network®
    • Overview
    • Strategic Advisory Board
  • Team
  • Portfolio
Investor Portal
Port Co Hub

Search

Portfolio Media

Plate IQ Appoints Andy Roberts as Chairman of Its Board of Directors

04.21.2022
Share this...
  • Linkedin
  • Twitter
  • Facebook
  • Email

SAN FRANCISCO–(BUSINESS WIRE)–Plate IQ, the leading hospitality accounts payable (AP) automation and B2B payments platform, today announced the appointment of Andy Roberts as chairman of the board of directors, effective immediately. Roberts will be responsible for advising and guiding Plate IQ’s expansion across verticals such as restaurants, hotels, distribution, grocery, and country clubs.

Roberts brings over 40 years of leadership experience in growing and scaling B2B payments companies. Most recently, he was CEO of digital claims payment processing giant VPay, which was acquired in December 2020, and was honored as 2020 CEO of the Year for mid-sized companies by The Dallas Morning News. Prior to VPay, Roberts was president and CEO of Fleet One, a provider of fuel cards and fleet management information services, which was later acquired by Wright Express. FTV Capital, a leading growth equity investment firm, was an investor in both VPay and Fleet One and is happy to welcome Roberts to Plate IQ, which is FTV Capital’s latest investment in AP automation and B2B payments.

“Andy brings a wealth of knowledge and experience to the board in important areas, particularly in the area of B2B digital payments,” said Barrett Boston, CEO of Plate IQ. “His leadership track record and strong network relationships will also be very valuable to us. Andy’s experience will be instrumental as we execute on our vertically-focused strategy to expand Plate IQ’s footprint in the B2B payments space.”

“Companies win when they position their customers to be successful. You do that by building cutting-edge technology that helps companies automate manual workflows and help their employees become more efficient,” said Roberts. “I’m excited to be joining Plate IQ’s board because I see the powerful impact of deploying purpose-built artificial intelligence for invoice automation and B2B payments. The current labor shortage isn’t going away anytime soon and companies are quickly realizing that manual workflows are no longer a cost-effective way to manage their accounts payables. Plate IQ is incredibly well-positioned to help companies leverage their employees’ time better.”

“We’ve worked alongside Andy and witnessed his exceptional leadership at two of our prior portfolio companies, and we’re thrilled to work with him again as he joins Plate IQ’s board as chairman,” said Robert Anderson, board member at Plate IQ and partner at FTV Capital. “With businesses shifting to digital payments, Plate IQ is poised to benefit from Andy’s rich expertise and experience in scaling vertically-holistic payments companies that add differentiated value for their customers.”

Prior to VPay and Fleet One, Roberts was the CEO and president of Alliance Data Systems, Harmonic Systems Inc., and Diamond Shamrock (now Valero). Roberts started his career as an information technologist with General Motors and wrote a significant amount of software in multiple languages and on multiple technology platforms. He received his education from the University of Texas, Austin and the University of Michigan, Flint.

Plate IQ’s board of directors is comprised of Roberts, Boston and Anderson, as well as Plate IQ co-founders, Bhavuk Kaul and Ram Jayaraman, and FTV Capital Vice President, Gary Weber.

Read More

Keep Up-To-Date on the Latest FTV News

  • This field is for validation purposes and should be left unchanged.

SAN FRANCISCO

601 California Street, Floor 19
San Francisco, CA 94108

415.229.3000


CONNECTICUT

10 Titus Road, Suite 5B
Washington Depot, CT 06794

NEW YORK

535 Madison Avenue, Floor 33
New York, NY 10022

212.682.4800

CONTACT

General: Info@ftvcapital.com
Media: PR@ftvcapital.com

  • LinkedIn
  • Twitter
Investor Portal
Port Co Hub

© 2023 FTV Management Company, L.P.
All rights reserved.

  • Privacy & Cookie Policy

  • Keep Up-To-Date on the Latest FTV News

  • This field is for validation purposes and should be left unchanged.
Our website uses cookies that are essential for the website to work. By using the website and continuing to navigate, you consent to the placement of these cookies. Read our PRIVACY POLICY to learn more.
ACCEPT
Select Cookies
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT