ApprovalMax
provides approval workflow automation for cloud accounting platforms such as
Xero and QuickBooks Online. It replaces paper- and email-based approval
processes with multi-step and multi-role automated approval workflows that
enable automated notifications to approvers, automated audit trails, and mobile
approvals.
Approval
workflows include:
Invoice approvals / bill review and
bill approval Purchase order approval, including
the functionality to create…
$54
per month per organization
QuickBooks Desktop Premier
Score 8.0 out of 10
N/A
QuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.
N/A
Pricing
ApprovalMax
QuickBooks Desktop Premier
Editions & Modules
ApprovalMax Standard
$54
per month per organization
ApprovalMax Advanced
$83
per month per organization
ApprovalMax Premium
$121
per month per organization
No answers on this topic
Offerings
Pricing Offerings
ApprovalMax
QuickBooks Desktop Premier
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
Optional
No setup fee
Additional Details
Discount available for annual pricing and for management of multiple organizations.
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More Pricing Information
Community Pulse
ApprovalMax
QuickBooks Desktop Premier
Features
ApprovalMax
QuickBooks Desktop Premier
Payment Management
Comparison of Payment Management features of Product A and Product B
ApprovalMax
8.0
Ratings
6% above category average
QuickBooks Desktop Premier
-
Ratings
Customizable Approval Policies
9.00 Ratings
00 Ratings
Financial Document Management
9.00 Ratings
00 Ratings
Payment Status Tracking
9.00 Ratings
00 Ratings
Payment Audit Trail
9.00 Ratings
00 Ratings
Duplicate Bill Detection
4.00 Ratings
00 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
ApprovalMax
8.5
Ratings
24% above category average
QuickBooks Desktop Premier
-
Ratings
Automated Accounts Payable Processes
9.00 Ratings
00 Ratings
Vendor Management
8.00 Ratings
00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
ApprovalMax
-
Ratings
QuickBooks Desktop Premier
9.0
Ratings
15% above category average
Pay calculation
00 Ratings
7.00 Ratings
Benefit plan administration
00 Ratings
10.00 Ratings
Direct deposit files
00 Ratings
8.00 Ratings
Salary revision and increment management
00 Ratings
9.90 Ratings
Reimbursement management
00 Ratings
10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
ApprovalMax
-
Ratings
QuickBooks Desktop Premier
1.3
Ratings
142% below category average
API for custom integration
00 Ratings
1.30 Ratings
Plug-ins
00 Ratings
1.30 Ratings
Security
Comparison of Security features of Product A and Product B
ApprovalMax
-
Ratings
QuickBooks Desktop Premier
10.0
Ratings
18% above category average
Single sign-on capability
00 Ratings
10.00 Ratings
Role-based user permissions
00 Ratings
10.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
ApprovalMax
-
Ratings
QuickBooks Desktop Premier
8.2
Ratings
4% above category average
Dashboards
00 Ratings
9.00 Ratings
Standard reports
00 Ratings
9.00 Ratings
Custom reports
00 Ratings
6.50 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
ApprovalMax
-
Ratings
QuickBooks Desktop Premier
8.3
Ratings
6% above category average
Accounts payable
00 Ratings
10.00 Ratings
Accounts receivable
00 Ratings
10.00 Ratings
Cash management
00 Ratings
10.00 Ratings
Bank reconciliation
00 Ratings
10.00 Ratings
Expense management
00 Ratings
10.00 Ratings
Time tracking
00 Ratings
5.00 Ratings
Fixed asset management
00 Ratings
5.00 Ratings
Multi-currency support
00 Ratings
9.00 Ratings
Multi-division support
00 Ratings
7.00 Ratings
Regulations compliance
00 Ratings
1.80 Ratings
Electronic tax filing
00 Ratings
10.00 Ratings
Self-service portal
00 Ratings
5.00 Ratings
Global Financial Support
00 Ratings
5.00 Ratings
Primary and Secondary Ledgers
00 Ratings
7.00 Ratings
Intercompany Accounting
00 Ratings
10.00 Ratings
Localizations
00 Ratings
10.00 Ratings
Journals and Reconciliations
00 Ratings
10.00 Ratings
Enterprise Accounting
00 Ratings
10.00 Ratings
Configurable Accounting
00 Ratings
10.00 Ratings
Centralized Rules Framework
00 Ratings
10.00 Ratings
Standardized Processes
00 Ratings
10.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
ApprovalMax
-
Ratings
QuickBooks Desktop Premier
2.9
Ratings
87% below category average
Inventory tracking
00 Ratings
1.70 Ratings
Automatic reordering
00 Ratings
1.00 Ratings
Location management
00 Ratings
8.00 Ratings
Manufacturing module
00 Ratings
1.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
As mentioned previously - able to send invoice based on amount , program code and division code ,supplier is very useful feature ; If an invoice does not fit into approval process than it is rejected and an email is received mentioning the reason
QuickBooks Desktop is an easy-to-use software with good services. Their invoicing, employment, and vendor sections are all wonderful. These sections allow efficient tracking and instant business summaries and reporting. However, the pricing for additional services and upgrades and lack of good customer service makes it a less attractive software for small businesses.
choice based on Program codes / division codes - we use Xero accounting system and we have 22 program codes and 11 divison codes ; once invoice is entered in Xero depending on relevant program code and divison code, Approval max automatically send invoice to relevant person depending on approval workflow process . One manager could be handling multiple divison and program codes; if our approval work flow process is properly designed - it is accurate in sending invoice to relevant manager.
invoice can also send to various managers based on General ledger codes ; this flexibility makes useful when manager is handling only certain nature of expenses regardless of program codes / divisionl.
Approval process can also be designed based on level of amount ; and level of amount is derived from our Delegation policy. it makes audit of application of delegation policy easy ; we give copy of delegation policy and print of approval work flow process to auditor.
date and time of change in approval process ; for example if Mr. A was responsible for all expenses above $1000 in Oct 23 and from Nov 23 it is changed to $5000 . in Dec 23 if it is checked - it will show approval limit of $5000 ; but will not show from which date limit was changed. Auditor always asks this question when the limit was changed in approval max - we cannot prove it.
If there is audit trail of who made the changes , when and what changes were made ; will be good.
when we are in main page of seeing invoices awaiting approval - there are hundreds of invoices - searching for one invoice from particular supplier is very cumbersome job - we have to go by each and every invoice in order to find that invoice ; it will be good if we have search function on main page itself ; in current scenario we have to go to report section - input all filters and than search for that particular invoice.
I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data.
For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do.
I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history.
Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
We switched to a more "robust" software program with the hiring of a new CFO. The migration of historical data and ancillary information has been cumbersome and riddle with errors and issues. In hindsight much of what the new software program was touted to accomplish is not come to fruition. QB Desktop Premier was sufficient for the organization needs
This is where QuickBooks falls short. Many times my staff has had questions that have not been able to get resolved easily with a chat or call. I personally have had more general questions that have not been answered easily as well. I think QuickBooks needs to provide the resources of having readily accessible help in order to make it simpler to get solutions.
It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
We've used QuickBooks Desktop Premier for many, many years. We've not reviewed any other accounting products internally - but have a handful of the customers that use Cyma (mentioned above). While I've never had occasion to functionally use Cyma, I have had to install and troubleshoot problems with it. Put simply... not impressed. I found installation a bit confusing, and once started up, I wasn't able to easily find anything I would have wanted to find - where conversely, QuickBooks Desktop Premier excels on both of these fronts.
It has certainly made a positive impact ; it is definately worth its value ; when we are processing hundreds of invoices every fortnight ; getting approval of invoices in timely manner for all invoices is of paramount importance . as approval max has its own app - approval can be done on mobile phone also ; this is particularly helpful when staff is travelling .
Most of our business clients use QuickBooks which makes it efficient for us to work on clients that use the program. We can import QuickBooks data into our software which adds efficiencies to our tax practice.
Having staff that are familiar with the software enables our firm to provide quality service to the clients that use QuickBooks.
We receive referrals from satisfied QuickBooks clients.