Deep Dive into ApprovalMax: How to improve AP processes with automation

Nov 13, 2024 | Uncategorized

On November 12th, 2024, Heather and Liz hosted Alex Keselman from ApprovalMax and Jacint Tumacder from QuickBooks to explore how ApprovalMax transforms accounts payable (AP) processes. This innovative solution minimizes errors, accelerates approvals, and enhances financial control, making it a game-changer for businesses.

Meet the Speakers

  • Alex Keselman (ApprovalMax):
    Joining us from London, Alex shared how ApprovalMax goes beyond AP automation. It’s a comprehensive tool for managing approvals across departments, helping businesses save time, reduce errors, and improve transparency.
  • Jacint Tumacder (QuickBooks):
    A QuickBooks pioneer, Jacint has been with Intuit since 1992 and brings decades of expertise in financial software solutions. His focus on solving business pain points highlighted how ApprovalMax integrates seamlessly with QuickBooks to enhance efficiency.

What is ApprovalMax?

ApprovalMax is a cloud-based solution designed to streamline and automate approval workflows for purchase orders, vendor bills, and expense reports. Founded in 2016, it quickly gained traction in the UK, New Zealand, and now the U.S., becoming a go-to tool for improving financial processes. Key features include:

  • Unlimited Users and Approvals: Scale workflows without additional costs.
  • Mobile App Integration: Approve on the go with easy-to-use notifications.
  • Customizable Workflows: Set flexible conditions and stages for approvals.
  • Fraud Prevention: Limit GL access and safeguard financial data.
  • Audit-Ready Reports: Simplify compliance with detailed audit trails.

Why Choose ApprovalMax?

ApprovalMax addresses common pain points like manual errors, delayed payments, lack of transparency, and fraud risks. By automating approvals and reducing inefficiencies, businesses can achieve faster processes and focus on strategic growth. With new budgeting features launching soon, ApprovalMax continues to innovate and deliver value.

This Week’s Drink: The Maximum Approval

No Appy Hour is complete without a signature drink! This week’s cocktail, the “Maximum Approval,” is a creative twist on the classic Bloody Mary. Just like ApprovalMax streamlines financial workflows, this drink offers the perfect balance of flavor and fun to keep the session lively and engaging. Cheers to efficiency and innovation!

Ready to streamline your workflows and gain better control of your financial processes? Try ApprovalMax and see the difference today!

Be sure to watch the episode here.