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ApprovalMax

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Company health

Employee growth
60% increase in the last year
Web traffic
25% increase in the last quarter

Ratings

G2
3.3/5
(16)
Capterra
4.7/5
(9)
Glassdoor
4.8/5
(8)

ApprovalMax description

ApprovalMax is a financial control software that automates approval workflows for bills and invoices. It integrates with popular accounting platforms like Xero, QuickBooks, and Netsuite. Ideal for mid-sized businesses, ApprovalMax offers features such as purchase order management, automated data entry, and batch payments. By streamlining the accounts payable process, it promises better spend control, reduced errors, and fraud prevention.


Who is ApprovalMax best for

We find that ApprovalMax is a solid choice for mid-sized businesses seeking to automate accounts payable. Users appreciate its ease of use and seamless integration with Xero and other platforms. The customizable workflows and automated data entry are also well-received. Some users mention limited customization and occasional slow refresh rates.

  • Great for mid-sized firms (101-1000 employees). Scales for larger enterprises, offering robust financial process automation.

  • Versatile for various sectors, ApprovalMax shines in finance, banking, and insurance with its spend control and audit trails.


ApprovalMax features

Supported

Automated invoice data entry: Automated invoice data entry: No more manual data entry. ApprovalMax automatically extracts invoice data, reducing errors and saving time.

Supported

Automated approval workflows: Automated approval workflows: Streamline your approval processes with automated workflows. Invoices are routed to the right people for approval, based on predefined rules.

Supported

Multi-level approval workflows: Multi-level approval workflows: Set up complex approval processes with multiple levels of authorization. Ensure compliance and proper oversight for all your invoices.

Supported

Budget checking: Budget checking: Ensure compliance with your budget by automatically checking invoices against predefined budget limits. Get alerts for any discrepancies.

Supported

Audit trails: Audit trails: Maintain a complete audit trail of all approval actions, providing transparency and accountability for your financial processes.

Supported

Automated purchase order processing: Automated purchase order processing: Manage purchase orders efficiently. ApprovalMax automates the creation, approval, and tracking of purchase orders.

Supported

Automated reporting: Automated reporting: Access detailed reports to track key metrics. Gain valuable insights into your spending patterns.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Ease of Use

Strongly positive
+1

Reliability and Performance

Rather positive
+0.6

Ease of Implementation

Strongly positive
+1

Scalability

Strongly positive
+1

ApprovalMax reviews

We've summarised 25 ApprovalMax reviews (ApprovalMax Capterra reviews and ApprovalMax G2 reviews) and summarised the main points below.

Pros of ApprovalMax
  • Easy to use and implement.
  • Seamless integration with Xero and other accounting platforms.
  • Customizable approval workflows based on various criteria (e.g., amount, department).
  • Automated data entry and efficient purchase order management.
  • Provides a clear audit trail for compliance and transparency.
Cons of ApprovalMax
  • Limited customization options for approval workflows.
  • Slow refresh rate can be frustrating.
  • Receipt capture feature needs further development.
  • Search functionality could be improved.
  • Reporting features need more automation.

ApprovalMax pricing

See the ApprovalMax pricing page.


ApprovalMax alternatives

  • Logo of BILL AP/AR
    BILL AP/AR
    Automate payables and receivables, saving time and money.
    Read more
  • Logo of Sage Intacct
    Sage Intacct
    Cloud accounting software automating financials for smarter decisions.
    Read more
  • Logo of Lightyear
    Lightyear
    Automate purchasing and payables. Streamline approvals. Gain financial insights.
    Read more
  • Logo of Flowie
    Flowie
    Control company spending, automate approvals, and simplify payments.
    Read more
  • Logo of SquareWorks Automate
    SquareWorks Automate
    Streamlines NetSuite bill pay, approvals, and expense reports.
    Read more
  • Logo of PairSoft
    PairSoft
    Automated invoice and purchase order processing for seamless financials.
    Read more

ApprovalMax FAQ

  • What is ApprovalMax and what does ApprovalMax do?

    We find that ApprovalMax is a cloud-based software automating approval workflows for invoices and bills. It integrates with Xero, QuickBooks, and NetSuite, offering automated data entry, purchase order management, and budget checking, improving spend control and reducing errors for mid-sized businesses.

  • How does ApprovalMax integrate with other tools?

    We find that ApprovalMax seamlessly integrates with Xero, QuickBooks, and NetSuite. It also works with purchase order management systems, further automating financial processes. This connectivity streamlines accounting and approval workflows.

  • What the main competitors of ApprovalMax?

    We find that ApprovalMax's main competitors include BILL, Sage Intacct, Lightyear, Flowie, SquareWorks Automate, and PairSoft. These alternatives offer similar features like automated invoice processing, approval workflows, and integrations with accounting software.

  • Is ApprovalMax legit?

    We find ApprovalMax to be a legitimate software. It integrates with reputable accounting platforms and receives positive reviews for its ease of use and automation capabilities. However, some users mention limitations in customization and reporting.

  • How much does ApprovalMax cost?

    I'm sorry, but pricing information for ApprovalMax is currently unavailable. We recommend checking their website or contacting their sales team directly for the most up-to-date pricing details.

  • Is ApprovalMax customer service good?

    We find that ApprovalMax's customer service is generally considered prompt, knowledgeable, and responsive. While some users mention limited customization options, the support team's helpfulness contributes to a smoother experience.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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