Accountants  News Hubb
Advertisement
  • Home
  • News
  • Accountant News
  • Contact us
No Result
View All Result
  • Home
  • News
  • Accountant News
  • Contact us
No Result
View All Result
Accountants  News Hubb
No Result
View All Result
Home News

ApprovalMax @ QuickBooks Connect 2022

admin by admin
January 24, 2023
in News



Full Transcript

My name is Alex Gusman. I’m a solution engineer at ApprovalMax. ApprovalMax is an all-in-one tool to make your accounts payable process much more streamlined and unified. Basically, if I’ll put it in a simple words, ApprovalMax allows you to create a workflow of as many approval steps as you want to and assign specific rules to your.

So they will be able to approve their bills, purchase orders, expenses, and so on. So it’s actually a great way for partners to share responsibility with their customers. With Accountancy, bookkeeping firms can share responsibility with the customers of, approving their financial documents because typically what happens when you receive a bill, you send it via email to someone from the team, and you just, hopefully someone will respond to you by the end of the month.

You start chasing around all of your approvals, trying to get as many approvals as possible. ApprovalMax allows you to actually streamline this process, so everything will be approved within a couple of minutes or maybe hours rather than days or weeks. We’ve integrated QuickBooks Online with Xero and Oracle NetSuite.

I actually have a story for that. We had a partner about a year ago from South Africa. It’s about 400 people who are managing different farms across the continent. Typically, it took them about a week to approve a single. Once they’ve implemented an approval workflow, they’ve added all of their 400 people into this workflow.

They’ve made a very, very complex workflow and it’s reduced the time for approving a single invoice from a week to just two, three days. So it might be up to 80% of the time. Same goes for the cost of approving an invoice.


Like what you’re reading?

Subscribe to our FREE newsletter and we’ll deliver content like this directly to your inbox.

SIGN UP TODAY





Source link

Tags: 2023 accounting2023 accounting technology2023 accounting webinarsaccountancyaccountantsAccountingaccounting innovationAccounting technologyAlex GusmanApprovalMaxbookkeepersBookkeepingbusiness acumenInsightful AccountantInsightful Accountant webinarsNot FeatureOracle NetSuiteQuickBooksQuickBooks OnlineVideosXero
Previous Post

Promotion Watch ’23: It’s New Partner Season at CohnReznick

Next Post

Government may limit ITC Claim for CSR Expenditure in Upcoming Budget

Next Post

Government may limit ITC Claim for CSR Expenditure in Upcoming Budget

Recommended

B.Com, M.Com, CA Vacancy at Bosch

August 31, 2022

Even People Who Majored in Accounting Don’t Want To Be Accountants

January 3, 2023

Don't miss it

News

Analytics expand in the corporate tax function

February 4, 2023
Accountant News

Xero included in 2023 Bloomberg Gender-Equality Index

February 4, 2023
News

GST Return Filing has increased to over 85 percent from 60 percent

February 4, 2023
News

Ignition Appoints Drew Woodcock as Global VP of Sales

February 4, 2023
Accountant News

If You Let 23-Year-Olds Sign Off on Audits, You’re Gonna Have a Bad Time

February 4, 2023
News

OECD releases guidance on implementing global minimum tax

February 3, 2023

© 2022 Accountants News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Accountant News
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • News
  • Accountant News
  • Contact us

© 2022 Accountants News Hubb All rights reserved.