ApprovalMax Launches ApprovalMax Pay (Beta) for UK Businesses

ApprovalMax is excited to introduce ApprovalMax Pay (Beta), enabling UK businesses to pay approved bills directly from the ApprovalMax platform using open banking technology. This feature enhances financial controls across the accounts payable process.

Why Use ApprovalMax Pay?

ApprovalMax Pay streamlines the entire accounts payable process by allowing businesses to manage everything from bill approval to payment within one platform. Currently available for UK businesses using Xero, it securely syncs bank accounts with ApprovalMax and ensures only approved bills are paid.

Key Benefits:

• Stronger Financial Controls: Ensures bills are paid only after proper approval.

• Data Protection: Employees can pay bills without sharing sensitive bank information, with all transactions logged for visibility.

• Error Reduction: Minimizes payment errors by automating the process.

Additional Features:

• Use Existing Bank Accounts: Pay bills directly from existing bank accounts.

• Seamless Reconciliation: Reconcile bills with one click and update the general ledger.

• Batch Payments: Create and approve multiple payments at once.

• Secure Approvals: Use ApprovalMax’s workflows to approve all payments.

• Access Control: Manage who can view and edit payment details.

Beta Testing and Future Plans

ApprovalMax Pay (Beta) is currently available to a select group of UK customers. Feedback will help refine the feature before a wider release. ApprovalMax plans to expand this feature to other markets soon.

For more information or to join the private beta, please contact ApprovalMax.