How much time do your employees spend on approving invoices, expenses or purchase orders – an often time-consuming and error-prone process? ApprovalMax, a cloud-based approval workflow automation platform, is designed to simplify and streamline the approval process, whether you’re a small business or a large group.
Key features of ApprovalMax:
1. Automated approval workflows
ApprovalMax automates multi-step approval processes, allowing finance teams to personalise approval rules to suit their needs. This ensures that every invoice, expense, or purchase order follows a predefined path for approval, reducing any bottlenecks and speeding up the process. In ApprovalMax, 25% of bills are approved within 2 hours and 50% within one day!
2. Seamless integration with accounting platforms
ApprovalMax integrates with various accounting systems, including Xero, providing a seamless flow of data between platforms, and ensuring that approved documents are automatically synced with your software, reducing manual data entry and minimising errors.
3. Customisable approval matrix
Businesses can set up an approval hierarchy to determine which team members are responsible for authorising specific transactions, helping employees adhere to internal controls and compliance, and ensuring that only the right people have authority to approve financial documents.
4. Real-time notifications and tracking
Users receive real-time alerts for required approvals, ensuring a fast response to any pending tasks. ApprovalMax also provides a transparent audit trail, allowing teams to track who approved what and when, providing accountability and compliance assurance.
5. Access anytime, anywhere
With flexible working more popular than ever – many people are working from home, or hours that fit their lifestyle. ApprovalMax offers mobile app functionality, allowing managers and decision-makers to approve invoices and expenses on-the-go – improving flexibility and ensuring that processes are never delayed, no matter where you are.
Get in touch
ApprovalMax is an essential tool for businesses looking to streamline their financial workflows, reduce errors and improve efficiencies. By automating approval processes and integrating with key accounting systems, ApprovalMax enables faster decision-making, greater financial control, and seamless collaboration across teams. Interested in finding out more about how ApprovalMax can make your lives easier – get in touch with our expert cloud accounting team by emailing enquiries@pmm.co.uk.
