LONDON, December 2, 2024 – ApprovalMax, a cloud-based platform for internal financial controls, has been recognised in Xero’s 2024 Top App Lists. 

This recognition highlights the tool’s role in automating accounts payable (AP) and accounts receivable (AR) approval workflows. The platform has become an integral tool within the Xero ecosystem by reducing manual processes and helping businesses build strong financial controls

ApprovalMax is named in two categories across Australia and the UK:

  • Most Popular Apps (AU and UK) – highlighting our growth in new and total subscriptions.
  • Most Recommended by Advisors (AU and UK) – reflecting how often advisors recommend ApprovalMax to their clients.

Through its integration with Xero, ApprovalMax provides businesses, accountants, and bookkeepers with smart automation and streamlined approval workflows to save time and boost operational efficiency. Customers report saving over 10 days or more a month on approvals, cutting approval times by 85% and improving AP efficiency by 50%.

As a Xero Premium App, ApprovalMax’s integration means that businesses can automate AP and AR processes, while maintaining strong financial controls – without requiring staff to have direct access to Xero or sensitive information. 

These achievements reinforce the trust and support ApprovalMax has gained within the Xero ecosystem, supported by a growing customer base and strong advisor advocacy.

“Being recognised in Xero’s 2024 Top App Lists is a major milestone for ApprovalMax,” said Konstantin Bredyuk, CEO and Co-founder of ApprovalMax. “It reflects the trust and support of our customers, advisors, and the wider Xero community. We are committed to helping businesses strengthen their AP and AR processes, so they can focus on their goals without worrying about inefficiencies or weak financial controls.”

In addition to the Top App Lists, ApprovalMax has been featured in the Xero App Store’s Featured Apps Collection for December and January. This spotlight highlights the platform’s ability to provide exceptional user experiences and help businesses achieve more with less stress.

ApprovalMax’s commitment to drive value continues. In 2024, the platform introduced 49 updates aimed at usability and expanding its capabilities. These improvements, guided by customer feedback, reinforce the company’s focus on delivering practical solutions for financial control challenges.

To learn more about the key features and updates we delivered in 2024, read our Year in Review blog.

With Xero supporting over 3.7 million businesses globally, ApprovalMax’s automated approval workflows complement the platform by making sure financial data remains secure and accessible to the right people. From invoice approvals to payment processing, ApprovalMax integrates with Xero to provide businesses, accountants, and bookkeepers with a secure and efficient way to manage AP and AR processes.

For more information, please contact press@approvalmax.com
About ApprovalMax

ApprovalMax is an award-winning B2B software platform used by businesses around the world to build robust financial controls. It streamlines the approval process by allowing people to create automated workflows to approve bills and invoices. ApprovalMax integrates with platforms such as Xero, QuickBooks Online, and NetSuite to unlock powerful efficiencies for accounts payable and accounts receivable functions in any finance team.

For more information, visit www.approvalmax.com