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About
ApprovalMax is a cloud-based B2B SaaS platform that automates financial approval workflows, enhancing internal financial controls for accounts payable and accounts receivable. Founded in 2014 and headquartered in London, the company operates globally in over 24 countries, serving approximately 15,000 to 16,000 businesses. ApprovalMax replaces manual approval processes with structured, automated workflows that include features like fraud detection, audit trails, and budget checking.
The platform is designed for small to medium-sized businesses and accounting firms, integrating seamlessly with accounting software such as Xero, QuickBooks Online, and Oracle NetSuite. Key features include automated workflows for routing invoices and purchase orders, multi-step approvals, and mobile access for managing approvals on the go. ApprovalMax has received multiple awards, including the 'Xero App Partner of the Year' from 2020 to 2024, highlighting its commitment to providing effective financial management solutions.