ApprovalMax Pay: Pay Approved Bills Directly in One Platform

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Introducing ApprovalMax Pay, the smarter, faster, safer way to pay your bills

We’re excited to announce a new way to pay bills straight from ApprovalMax! Using open banking technology, ApprovalMax Pay lets you pay approved bills directly from the ApprovalMax platform and build stronger financial controls across your entire accounts payable process.

By Dee Jones

4 min read •

June 12, 2024

Why make payments from ApprovalMax though? Just think – it’s easier to travel an entire journey via one express train, than get out halfway and change. This way, you can use ApprovalMax for the entire AP process, from start to finish.

Currently, ApprovalMax Pay is available for UK businesses using Xero. So, how can you get started? It only takes a few simple steps to securely sync your bank account to ApprovalMax via open banking and easily pay approved bills. Payments can only be made for bills that have been through the right approval workflow, so you know funds are going to the right place.

Why use ApprovalMax Pay?

Strengthen your financial controls

We want you to feel confident knowing you’re paying a bill that’s gone through the right approvals process and internal verification checks, every step of the way.

Protect your banking data

With ApprovalMax Pay, there’s no need to share sensitive bank data. Instead, employees create a request, pay approved bills in a few clicks, and have this added to the audit log for full visibility.

Avoid payment errors

There’s minimal risk of paying the wrong amount (or even person!) with ApprovalMax Pay since there’s no need to manually copy payment details and amounts.

ApprovalMax Pay allows businesses, accountants, and bookkeepers to securely manage payments from one platform. Extra security controls mean you can limit who makes payments or changes customer details, mapping these to an existing delegation of authority.

Accounts payable, all from ApprovalMax

Looking for a better way to manage accounts payable? Take control of your AP process from start to finish in one tool. With ApprovalMax Pay, it’s easy to build stronger financial controls across your entire accounts payable process and secure your workflow in less steps.

With ApprovalMax Pay, you can:

Use existing bank accounts

Pay bills securely from your bank accounts – there’s no need to create extra wallets or accounts.

Seamlessly reconcile payments

Reconcile all bills in one click and update your general ledger at the same time via ApprovalMax.

Maintain payment data integrity

Tracks changes to contact payment details and easily see when updates are made to better stay on top of payments.

Streamline batch payments

Create and approve multiple payments at once. Quickly put together batches of payments based on filters like amount due or payment date.

Securely approve payments

Use ApprovalMax’s approval workflows to sign off all payments. This means that no money will go anywhere without your review and approval.

Control access to payment details

Control who can see, edit, and create payment details. ApprovalMax also keeps a full record of any changes made to the payment details.

Dee Jones believes the most powerful words are 'Let me tell you a story.' Her passion for storytelling helps her create meaningful, customer-focused experiences while removing friction, so customers never feel the complexities of the org chart.

Strengthen your internal controls with ApprovalMax

From risk assessment to monitoring, our platform empowers your organisation to implement robust controls, mitigate risks, and safeguard assets effectively.