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 […]

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 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 […]

How to Set Up Purchase Order Requester Restrictions

The ability for employees to raise Purchase Orders directly within a system is a big plus for companies with a large asset turnaround. It helps avoid a deluge of request emails being sent to the Supply Manager, overwhelming them in the process with multiple unsorted requests. For those companies who do rely on email when […]

UI Improvement: An Enhanced Workflow Creation

We won’t rest until the ApprovalMax platform is the best it can be. That’s why we’re always looking to finetune our features and enhance your experience. And in our continued effort to make ApprovalMax even more intuitive and easy to use, we’re releasing a user interface (UI) improvement for our Workflow Creation page. The new-look […]

Supplier vs Contact – Here’s How It Works

Some time ago we released our ‘Supplier Creation’ feature, which allows users to create a new supplier from directly within the ApprovalMax platform. The new supplier is then processed in Xero, and added to the Xero suppliers list. Existing users will now see this feature during setup, with Admins offered several options as to what […]

Introducing the New ‘Supplier Creation’ Capability

Here at ApprovalMax, we’re always on the lookout for ways to improve our platform, and to make our users’ lives easier. That’s why we’ve been working on yet another enhancement to our Purchase Order (PO) feature. Previously, when raising a PO, the user would have to select a supplier – from a predetermined list, pulled […]