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 […]

Accounting & Finance Roundup – December 2017

What did you miss in December 2017? The team at ApprovalMax likes to keep its finger on the pulse of accounting and finance news, with particular emphasis on how technology has an impact on our industry. With this in mind, we plan to release a monthly roundup of the articles that caught our attention. This is […]

Introducing ApprovalMax’s Purchasing Solution

We’ve been hard at work rolling out a number of new features over the last few months, e.g. Bill Accrual Reports and Bill to PO Matching, in order to make our users’ lives easier. These new features, together with the key workflows of Purchase Order Creation & Approval and Bill Approval, now support an end-to-end […]

Product Update: Fraud Detection Capability

As your business grows and processes expand, it’s important to know that you retain a degree of control and accountability. Particularly when it comes to accounting data, and securing it against unwanted change. While such unwanted change can result from simple human error, purposeful fraudulent activity of any kind is a major concern for businesses […]

Advanced Bill to PO Matching Settings

Out latest feature enhancement, Bill to PO Matching, has gone down a storm with our users. They can now manually match incoming Bills with the original PO before making their approval decision. And being able to exert even more control and accuracy over this particular stage of the approval process has been a popular addition […]

How is Bill to PO Matching Reflected in Reporting?

We recently announced a major enhancement to the ApprovalMax platform: Bill to PO Matching – click the link to find out more. The next step in rolling out this brand new feature is extending it to our reporting capability. The ApprovalMax reports now include Bill to PO Matching data, meaning you can present data on […]

New Feature: Bill to PO Matching

We tackle each new feature and improvement made to ApprovalMax with a simple goal in mind: to make your life easier. And that’s precisely what our latest enhancement to the platform’s Purchasing Solution has been designed to do. In this brief blog post, we’ll introduce you to our much improved Bill to Purchase Order Matching […]

Introducing Bill Accrual Reports for ApprovalMax

The reporting functionality available in ApprovalMax is particularly popular with our users, and we’re pleased to announce a brand new enhancement to it: Bill Accrual reports for Xero. The Bill Accrual reports feature has been highly anticipated by companies that practice accrual-based accounting, and that strive to minimize manual entry of the accrued liabilities in […]

ApprovalMax for Auditors: Here’s What You Need to Know

When you hear the word ‘audit’ you probably think of financial auditing. But literally any process or department within a business can be audited. From safety, security, compliance and internal controls, to quality management, project management, water management, and energy conservation, third party auditors can assess the effectiveness and efficiency of incredibly important aspects of […]