The approval automation app came top of a strong shortlist selected by a panel drawn from Xero and independent judges and was also shortlisted for the global Small Business App of the Year award.
The award acknowledges ApprovalMax's work in giving finance teams structured approval workflows and financial controls across the Money Out lifecycle – so every bill, purchase order and invoice is properly authorised before it reaches the ledger, with a full audit trail behind it.
More than 18,000 organisations on Xero across 100+ countries run their approvals with ApprovalMax. In the last 12 months alone, over 20 million bills, purchase orders and invoices moved through the platform, generating more than 37 million approval decisions. ApprovalMax holds a 4.8-star rating across 600+ customer reviews on the Xero app store.
The Xero Global App Awards recognise outstanding technology partners who provide significant value to small businesses and accounting practices globally.
Konstantin Bredyuk, CEO, ApprovalMax: "Money doesn't leave a business at the payment. It leaves at the commitment – the purchase order raised, the supplier agreement, the contract signed off in a hurry. Finance often sees it weeks later, reconciling a decision rather than making one.
That’s the problem we’ve spent ten years solving. Winning in the UK, our largest market, means a lot to us. The ambition hasn’t changed: we want every finance team to have full control over their spend, from the moment a commitment is made. Today, 18,000 organisations on Xero rely on ApprovalMax, with 37 million approval decisions made in the last year – and we’re nowhere near done.
Thanks to Xero, our customers and partners, and the whole ApprovalMax team. Let’s keep building!"
Finance leaders are invited to try ApprovalMax for themselves on a 14-day free trial, with all features enabled and no credit card required. Register here.
