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ApprovalMax
approvalmax.comSummary
ApprovalMax is an accounts payable and receivable automation software that streamlines approval workflows for businesses using accounting systems like Xero, QuickBooks Online, and NetSuite. It helps manage and approve bills, purchase orders, and expenses, offering features like batch payment approvals, audit trails, and integrations to enhance financial control and efficiency.
Feature Matches6/15
See all6/15
Must Have
0 of 5
Mid-Market Exchange Rate Transfers
Transparent Low Fees
Multi-Currency Account
Borderless Debit Card
Fast Transfer Execution
Other
6 of 10
Batch Payments
API Integration
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Real-Time Rate Alerts
Business Account Features
Invoice Creation
Spending Analytics
PricingTiered
See allTiered
Standard
$45.00 monthly
Popular- Automate approval workflows for bills
- Automate approval workflows for purchase orders
- Approve credit notes
- Match bills to purchase orders
- Put requests on hold
- Create and approve journal entries
- Check budgets before approving
- Generate, approve, and sync accrual reports
- Streamline supplier onboarding
- Set or change Goods Received Notes
- Prepare and verify batch payments
- Create, approve and send sales invoices
- Approve credit notes
- Generate aging reports
- Create and approve sales quotes
- Automate approval workflows
- Set up multi-step approvals
- Set up multi-entity and location approvals
- Set and manage approval rules
- Execute approvals
- Add and manage requesters and approvers
- Create account groups for workflow rules
- Review and edit requests before final approval
- Track version history (request and workflow)
- Build custom stand-alone workflows
- Sync data automatically with Xero (two-way)
- Integrate with Slack
- Integrate with Dext Prepare
- Access to mobile app
- Generate and schedule reports
- View automatic audit reports
- Receive alerts for skipped approvals
- Reach out to customer support 24/5
- Set up flexible user-based roles
- Tag users and add Watchers
- Nudge approvers to act
- Log in with two-factor authentication (2FA)
- Log in with passkey
- Log in with single sign on (SSO)
- ISO 27001:2022 certified
- GDPR-compliant
- Set auto approvals for repeatable transactions
- Set requests to 'on hold' status
- Get phone support
- Access Public API
Advanced
$69.17 monthly
- Automate approval workflows for bills
- Automate approval workflows for purchase orders
- Approve credit notes
- Match bills to purchase orders
- Put requests on hold
- Create and approve journal entries
- Check budgets before approving
- Generate, approve, and sync accrual reports
- Streamline supplier onboarding
- Set or change Goods Received Notes
- Prepare and verify batch payments
- Create, approve and send sales invoices
- Approve credit notes
- Generate aging reports
- Create and approve sales quotes
- Automate approval workflows
- Set up multi-step approvals
- Set up multi-entity and location approvals
- Set and manage approval rules
- Execute approvals
- Add and manage requesters and approvers
- Create account groups for workflow rules
- Review and edit requests before final approval
- Track version history (request and workflow)
- Build custom stand-alone workflows
- Sync data automatically with Xero (two-way)
- Integrate with Slack
- Integrate with Dext Prepare
- Access to mobile app
- Generate and schedule reports
- View automatic audit reports
- Receive alerts for skipped approvals
- Reach out to customer support 24/5
- Set up flexible user-based roles
- Tag users and add Watchers
- Nudge approvers to act
- Log in with two-factor authentication (2FA)
- Log in with passkey
- Log in with single sign on (SSO)
- ISO 27001:2022 certified
- GDPR-compliant
- Set auto approvals for repeatable transactions
- Set requests to 'on hold' status
- Get phone support
- Access Public API
Premium
$100.83 monthly
- Automate approval workflows for bills
- Automate approval workflows for purchase orders
- Approve credit notes
- Match bills to purchase orders
- Put requests on hold
- Create and approve journal entries
- Check budgets before approving
- Generate, approve, and sync accrual reports
- Streamline supplier onboarding
- Set or change Goods Received Notes
- Prepare and verify batch payments
- Create, approve and send sales invoices
- Approve credit notes
- Generate aging reports
- Create and approve sales quotes
- Automate approval workflows
- Set up multi-step approvals
- Set up multi-entity and location approvals
- Set and manage approval rules
- Execute approvals
- Add and manage requesters and approvers
- Create account groups for workflow rules
- Review and edit requests before final approval
- Track version history (request and workflow)
- Build custom stand-alone workflows
- Sync data automatically with Xero (two-way)
- Integrate with Slack
- Integrate with Dext Prepare
- Access to mobile app
- Generate and schedule reports
- View automatic audit reports
- Receive alerts for skipped approvals
- Reach out to customer support 24/5
- Set up flexible user-based roles
- Tag users and add Watchers
- Nudge approvers to act
- Log in with two-factor authentication (2FA)
- Log in with passkey
- Log in with single sign on (SSO)
- ISO 27001:2022 certified
- GDPR-compliant
- Set auto approvals for repeatable transactions
- Set requests to 'on hold' status
- Get phone support
- Access Public API
Rationale
ApprovalMax is primarily an accounts payable automation and approval workflow software. While it offers 'batch payments' and integrates with payment services like Currencycloud (which handles international payments), its core offering is not direct international money transfers at mid-market rates or multi-currency accounts like Wise. It focuses on streamlining the approval process for financial documents within accounting systems (Xero, QuickBooks Online, NetSuite) rather than being a direct cross-border payment platform for individuals or businesses to send/receive money internationally. However, it does have features like batch payments, API integration, mobile app, regulatory compliance, multi-user access, and customer support.
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