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ApprovalMax Reviews & Product Details - Page 2

ApprovalMax Overview

What is ApprovalMax?

ApprovalMax is an award-winning B2B software platform used by businesses around the world to build robust financial controls. It streamlines the approval process by allowing users to create automated workflows to approve bills and invoices. ApprovalMax integrates with platforms such as Xero, QuickBooks Online, and Oracle NetSuite to unlock powerful efficiencies for accounts payable and accounts receivable functions in any finance team.

ApprovalMax Details
Languages Supported
English
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Product Description

ApprovalMax is a cloud-based approval workflow solution for finance and accounting.


Seller Details
Year Founded
2016
HQ Location
London, GB
Twitter
@approvalmax
781 Twitter followers
LinkedIn® Page
www.linkedin.com
125 employees on LinkedIn®

Masha K.
MK
Overview Provided by:
Marketing Manager – ApprovalMax

Recent ApprovalMax Reviews

Helina P.
HP
Helina P.Small-Business (50 or fewer emp.)
5.0 out of 5
"Great app to manage simple and complex approvals"
ApprovalMax makes it very simple to manage all levels of complexities with regards to approvals. Not only can you manage multi-level user approval ...
💡 Brendan L.
💡L
💡 Brendan L.Small-Business (50 or fewer emp.)
5.0 out of 5
"Making it easy to manage the approval of your business expenses"
ApprovalMax has been transformative not only for our own operations but also in the accounts payable services we provide to clients. Getting App...
Cassandra S.
CS
Cassandra S.Small-Business (50 or fewer emp.)
5.0 out of 5
"Simplification of Payables Approvals processes within organisations"
We have been Xero Partners for a number of years, and have clients with supplier bill and expense approvals processes that range from simple to mor...
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ApprovalMax Media

ApprovalMax Demo - ApprovalMax User Interface
With our flexible workflow builder it is easy to recreate any authorisation policy.
ApprovalMax Demo - Approval Matrix
Set up rule-based conditional, sequential and parallel approvals and fine-tune the role for approvers. The approval routing rules support multiple criteria; such as amount, GL code, supplier, tracking category for Xero and Vendor, Class, Amount for QBO.
ApprovalMax Demo - ApprovalMax Bill Approval
Authorise bills and purchase orders the way that suits you best.
ApprovalMax Demo - Bill-to-PO matching
In ApprovalMax, you can match bills to the already approved purchase orders from the same supplier to ensure correct coding and facilitate additional spend control. With the approval workflow settings you can prevent the approval of unmatched bills.
ApprovalMax Demo - Reports
ApprovalMax provides a number of pre-built reports as well as the option to quickly create new reports using various filters.
ApprovalMax Demo - Mobile Version
With the ApprovalMax mobile app for iOS and Android it’s easy to raise purchase orders and approve requests wherever you are.
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16 ApprovalMax Reviews

3.9 out of 5
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16 ApprovalMax Reviews
3.9 out of 5
16 ApprovalMax Reviews
3.9 out of 5

ApprovalMax Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Verified User in Computer Software
AC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ApprovalMax?

Good flexibility to create bespoke approval hierarchies based on value, department etc. Email notifications are very effective and make it easy to approve in a single click. Review collected by and hosted on G2.com.

What do you dislike about ApprovalMax?

Doesn't seem to have much automation when it comes to input - for example auto-scanning of quotes or invoices for coding prior to approval request would be a great feature (similar to what expense claim systems such as Xero Expenses, Webexpenses, Expensify, Concur do now. Review collected by and hosted on G2.com.

What problems is ApprovalMax solving and how is that benefiting you?

The manual emailed approval of purchase orders and invoices. Not having an audit trail of who approved what expense, when. No efficient system for keeping all approvals in once place. Review collected by and hosted on G2.com.

Verified User in Hospitality
AH
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about ApprovalMax?

ApprovalMax is easy to use and not only helps to make everything transparent for future auditing purposes but also ensures a smooth and quick process for getting expenditures approved and signed off. What's more, everything goes straight into your accounting software, saving the finance department time and preventing errors in data capturing. Review collected by and hosted on G2.com.

What do you dislike about ApprovalMax?

The plus features for QuickBooks Online aren't as advanced as the plus features for Zero. I know the dev team is currently working on this, though, and I am excited for when these awesome features become available for QuickBooks Online. The Budgeting tool, in particular, is going to be an absolute game-changer for my managers! Review collected by and hosted on G2.com.

What problems is ApprovalMax solving and how is that benefiting you?

Besides the QBO version not being advanced as the Zero version, I have no issues with the ApprovalMax team. Their support team and sales consultants are absolute stars and I love working with and interacting with them. I also love it when they use us as their guinea pigs. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about ApprovalMax?

Easy to modify the workflow to suit the company's use Review collected by and hosted on G2.com.

What do you dislike about ApprovalMax?

No notification from ApprovalMax to the use for any rejection of the transaction, maybe it goes back to the requester, but not the account person. Review collected by and hosted on G2.com.

What problems is ApprovalMax solving and how is that benefiting you?

Approval process for bills in Xero, can be categorised based on the Xero tracking categories Review collected by and hosted on G2.com.

Verified User in Non-Profit Organization Management
UN
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about ApprovalMax?

- Remembers repeat suppliers to save having to input the same details repeatedly

- Clear sign off and approval process so reduced internal admin and confusion

- Option of changeable tax (ie VAT or no VAT) plus it does the maths for you of adding up total expenses

- Ability to attach pdfs and files so can upload photographs of receipts whilst I don't have access to a scanner

- Remembers departments for coding to make it easier to track budgets and ensure accurate coding, you are able to scroll through these to find the most appropriate department for the expense rather than trying to remember it off the top of your head. Review collected by and hosted on G2.com.

What do you dislike about ApprovalMax?

- Large volume of daily updates on outstanding requests

- If an expense is miscoded it seems to be impossible to go in and edit the request once it is submitted so you have to duplicate the work to redo the same expense rather than simply clicking to update the coding. Review collected by and hosted on G2.com.

Recommendations to others considering ApprovalMax:

Creating an easy to follow user guide for staff makes the new system really easy and quick to pick up and improves efficiency. Review collected by and hosted on G2.com.

What problems is ApprovalMax solving and how is that benefiting you?

- Ensures expenses are paid to volunteers in a timely manner

- Easier to keep track of invoices and POs provided to corporate partners

- Faster approval process that is more flexible to accommodate remote and home working, don't need to wait for a senior member of staff to be in the office to sign off an expense.

- Reduces the admin of needing to find out the status of an expense when you can log in and track it Review collected by and hosted on G2.com.

Verified User in Internet
AI
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about ApprovalMax?

I like the ease of setting up workflow approvals in ApprovalMax. Setting up the workflows is flexible and can be done by admin users with no need to contact ApprovalMax or need support. This is super helpful as the organization changes or we need to move approvals to a different user. Review collected by and hosted on G2.com.

What do you dislike about ApprovalMax?

I dislike the pace of adding new features. It seems to take a while to see new features where other SaaS tools are adding features quarterly. I also dislike the difficulty with searching and finding a vendor bill. I usually end up logging into Xero to find what I need. Review collected by and hosted on G2.com.

What problems is ApprovalMax solving and how is that benefiting you?

We're solving the problem of not having documented and auditable bill approvals. The benefits we've realized is knowing that each vendor bill is approved by multiple approvers with the head of finance being the final approver. Each bill that is approved syncs automatically to our Xero instance with a pdf of the approval audit report. This is especially helpful during our external audit where we need to provide copies of bills and the proof of approval. Review collected by and hosted on G2.com.

Verified User in Law Practice
UL
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ApprovalMax?

When items are pre-populated it makes it very easy to load documents for approval. Review collected by and hosted on G2.com.

What do you dislike about ApprovalMax?

Cannot be centralized to all network-based teams. Each Network team if not central can only access companies listed as per their team.

The PDF invoices or quotations sometimes cannot get loaded due to their size, this means you have to wait for IT Team to compress the files 1st. Review collected by and hosted on G2.com.

What problems is ApprovalMax solving and how is that benefiting you?

Quick Approvals.

Auto generates Purchase Orders

PO numbers can never be repeated which makes payment tracking seamless. Review collected by and hosted on G2.com.