For organisations with multiple legal entities and multiple general ledger files, paper- and email-based processes for accounts payable are extremely inefficient. If their entities are also geographically distributed, things get even more difficult. The same goes for organisations that have multiple locations but a single centralised accounting department. Handling AP and AR approvals by email in such scenarios takes far too much time and effort, and some things always fall through the cracks no matter how hard you try.
ApprovalMax addresses such challenges with an approval automation solution for accounts payable that provides granular differentiation of approval levels and an automated step-by-step audit trail.
How ApprovalMax streamlines the accounts payable
process for multi-entities:
and purchase requisition