What's New
ApprovalMax Capture is generally available for Xero-connected Organisations and part of the All Features trial
Automatic upload of invoices directly into ApprovalMax - no switching between applications when creating Bills
Automated data recognition - advanced technology extracts key data from the uploaded invoices and populates Bill fields such as Supplier, Invoice Number, Amount and Line Items:
Less manual data entry - efficient automation enables time savings and minimises the risk of errors
You can find more information about ApprovalMax Capture here.
ApprovalMax Pay (beta) is available to businesses, accountants and bookkeepers using Xero in the UK
ApprovalMax Pay is a new add-on that enables users to manage payments securely in one place. It uses the open banking technology to pay approved Bills directly from ApprovalMax.
With built-in approvals and audit trails, ApprovalMax Pay reduces the risk of fraud and costly mistakes while ensuring full visibility and tight control.
First, create a Batch Payment for Bills whose due dates are within a close range:
You can review, sort and approve Batch Payments with just a few clicks. Once a request has been submitted for approval, it will run through the predefined approval workflow, and the respective Approvers get notified.When all approvals have been collected, the Batch Payment is ready for payment by authorised Payers: log in to your banking app with ApprovalMax Pay and confirm the payment.
The Payment will be created in Xero and automatically reconciled once a bank feed is imported into Xero.
You can find out more about ApprovalMax Pay here - it is currently available in beta to businesses, accountants and bookkeepers in the UK that use Xero. Please get in touch if you’d like to join the beta phase.
What's Improved
The Editing on Approval functionality (beta) is supported for Quote and Sales Invoice workflows in Xero-connected Organisations
Editing on Approval is part of ApprovalMax workflows for Purchase Orders, Bills, Quotes and Sales Invoices in Xero-connected Organisations. It allows Approvers with editing privileges to modify requests during the approval process without having to reject them.
You can find out more about Editing on Approval here. If you'd like to enable this beta feature for your ApprovalMax Organisation, please contact us.
What's Fixed
Several minor issues have been fixed, and the overall performance and stability have improved.