Accounting & Finance Roundup – March 2018

March 2018: News you won’t want to miss! Here’s another edition of the ApprovalMax monthly roundup of the best articles, and this time we’re looking at what has been published in March 2018. As we emerge into springtime, the accounting and finance world is busier than ever. But there’s still time to keep updated with the […]

Generic Workflows Require Approval Too

As a financial workflow platform, we’ve been gaining a positive reputation for adding real value to Xero. Our software was initially designed to cover specific financial approvals, including Purchase Orders, Bills, Sales Invoices and Credit Notes. The benefit of using ApprovalMax is that it allows managers to retain control over who should approve these financial […]

3 Biggest Pains of Cluttered Accountancy Firms

One of the major recurring challenges experienced by the typical SMB accountancy firm is the dreaded paper trail. Paper documents – such as expense receipts, bills, purchase orders, invoices, etc. – are used for processing payments and handling employee expenses, in addition to performing authorisation and obtaining business approvals. And frequently, everything is stored in […]

How to Make Your Boss Happy

If your boss is the kind of person who’s always rushed off their feet, always pacing the office floor, always stressing about deadlines, meetings, or reports, then you shouldn’t see that as a negative. In fact, it’s an opportunity – a chance to don your cape and become the office hero every boss needs. Now, […]

The Top 5 ApprovalMax Features

The challenges of approvals in an accounting system and how to master them The idea behind ApprovalMax is plain and simple, but makes a real difference: it reliefs finance managers of the day-to-day pain and headaches of chasing Approvers. How we manage to do that? Well, one of the most annoying and disruptive things about running […]

Accounting & Finance Roundup – February 2018

February 2018: News you won’t want to miss! This monthly news roundup is just one way to stay on top of a fast-moving and dynamic industry. In the world of accounting and finance, things change quickly with the impact of technology. In this roundup, we feature some of the best writers from February (and very early […]

New Feature: Budget Checking During Bill and PO Approval

Generally speaking, Bill or Purchase Order approval decisions need to take an allocated budget into consideration. This means Approvers have to contact colleagues and determine which budget was assigned to the Bill or PO, and how much of it is still available. And then they need to do the maths themselves to calculate if the […]

Accounting & Finance Roundup – January 2018

January 2018: News you won’t want to miss! The world of accounting is constantly evolving. With the rapid development of new technology, digital transformation is impacting accountancy, bookkeeping, and corporate finance. It’s our duty to be informed about the latest developments in the industry, and there’s never been a more exciting time to do so. And […]

Product News: Purchasing Solution Enhancements

When we first announced our Purchasing Solution back in November, we were bowled over by the positive feedback. We’ve since spent the last few months working to make it even better, and today we’re pleased to share a few more exciting features designed to enhance our workflow platform. The following improvements are available now or […]

Lost Efficiencies in Accounting: The Pain of Chasing Approvals

Accountants are the unsung heroes of the business world, responsible for a wide range of important activities far beyond preparing the P&L. These include: ensuring the legal compliance of business transactions; maintenance of financial records and controls; recommendations for policies and procedures; and responsibility for internal audits, among others. In short, the accounting department is […]