Accounting & Finance Roundup: What did you miss in October 2018?

Hello, and welcome to the roundup for October 2018. In this edition, we feature stories about cloud accounting, the difficulty of filling accountancy jobs, the fear of fintech, small business CFOs, accounting in an IoT world, and the big issues facing accounting firms. Enjoy! A caveat: These are the opinions of the writers themselves. We […]

Purchase Orders vs Budgets for tighter spend control

Recently, we ran a webinar where we shared some industry best practices for establishing full spend control, increasing financial data quality, and optimising company spending. Did you miss it? Watch it here. During the webinar, which was attended by around 80 people, we were asked a very thought-provoking question, and we have dedicated an entire […]

App Advisory: Looking at the Process Management Perspective

The growing demand for app advisory services is not going unnoticed by accounting practices the world over. It is increasingly being viewed as a promising new way of growing revenue by extending existing finance and accounting services to include app identification and selection. In a nutshell, app advisory requires you to understand the opportunities available […]

How to dramatically improve your invoice approval process

Invoice approval processes: How to improve In most workplaces around the world, employees strive to do their best and to be as productive as possible. However, even in the age of streamlined workflows and cloud-enabled technology, some processes can kill productivity, instead of helping. One such process, often guilty of doing just that, is the […]

Invoice approval workflow for Xero: A step-by-step guide

A guide to invoice approval workflows There’s no denying that Xero comes out of the box with a whole host of fantastic functions and features. In fact, it’s hard to fault it at all. But there is, in our opinion, something missing: a complementary workflow approval process for the payment of invoices. Why? Well, here’s […]

How Cloud Approval Workflow Can Improve Accounting in NFPs

Running a not-for-profit (NFP) organization is incredibly challenging. It’s not easy to make positive changes in the world, and to do it efficiently and with limited resources. Accessing funding and attracting skilled professionals are just two of the major obstacles the NFP sector faces. But have you ever wondered how they manage the basics, like […]

Webinar Recap: How Fieldays Brought Expenses Under Control

On May 9th, we launched the first in a series of partnered webinar discussions, all dedicated to the goal of achieving clutter-free accountancy. To kick things off, our first guest speaker was Anthony Burman, the CFO of Fieldays Society – a New Zealand-based not-for-profit organisation and a registered charity. Fieldays is also the owner of […]

GDPR for Accountants: Deepen Trust with IT Suppliers

You’ve almost certainly heard about the General Data Protection Regulation (GDPR) by now – a major update to the EU rules pertaining to the protection of personal data. This blog post is not about how to get started with GDPR, or where you can find help in preparing for this change in legislation as an […]

GDPR FAQs: Here’s What You Need to Know

From the 25th of May 2018,  the EU General Data Protection Regulation (GDPR) will change how personal information is collected and processed within the European Union. In this article, we will provide a brief overview of GDPR, and how it might impact ApprovalMax and our customers. Please note: This article is provided as a resource. […]

Main Industries’ Pain Points and How Approval Workflow Can Help

Infographic based on over 100 of ApprovalMax recent clients’ businesses Whether you realise it or not, your business has workflows. And important approval workflows can be introduced into any type or size of business, ensuring correct procedures are followed when paying your bills, making new purchases, or requesting reimbursement. In fact, any number of vital […]