Modern approval automation flips this script. Tools like ApprovalMax generate real-time audit trails as part of every approval process – no extra admin, no detective work required.
Here’s what that looks like in practice:
- Every action is logged instantly, including who approved what and when, and attached to the transaction in NetSuite.
- Comments and supporting documents are stored alongside each transaction.
- Immutable records remove any doubt or ambiguity.
- Easy access for auditors or internal stakeholders, whenever needed.
With an automated workflow, you’re not preparing for the next audit. Instead, you’re already ready for it, all the time.
Not only do automated processes help you stay on top of audit preparation, they’re well-received by auditors.
“There are plenty of weaknesses in accounts payable processes that use either a physical stamp, emails, or even Slack for approvals. These aren’t well received by auditors,” says Brendan Lucas, Head of Accounting APAC at ApprovalMax and founder of Next Dimension Accounting.
“Something like ApprovalMax is a tried and tested program. I often get feedback from auditors saying that it’s great, easy, and they wish other clients were using it.”