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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    ApprovalMax

    Score9.9 out of 10
    N/AApprovalMax 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

    Yooz

    Score8.8 out of 10
    Small Businesses (1-50 employees)
    Yooz delivers intelligent financial operations automation that aims to reduce waste, mitigate risk, prevent fraud, and eliminate errors from the AP process. Yooz provides Lean Financial Operations™ for companies of all sizes, offering clarity and control in the most complex environments. The Yooz platform combines a workflow engine, real-time applied AI, and transparency, with advanced fraud detection. Boasting over 7,000 customers worldwide and processing more than 300 million…N/A
    Pricing
    ApprovalMaxYooz
    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
    ApprovalMaxYooz
    Free Trial
    YesYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional DetailsDiscount available for annual pricing and for management of multiple organizations.Subscription price based on the volume of documents processed. Unlimited number of users. 4 hours of complimentary service to start.
    More Pricing Information
    Community Pulse
    ApprovalMaxYooz
    Considered Both Products
    ApprovalMax
    No answer on this topic
    Yooz
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    87%
    Would buy again
    41 Answers
    Delivers good value for the price
    No answers on this topic
    94%
    Delivers good value for the price
    31 Answers
    Happy with the feature set
    No answers on this topic
    89%
    Happy with the feature set
    42 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    82%
    Lived up to sales and marketing promises
    14 Answers
    Implementation went as expected
    No answers on this topic
    91%
    Implementation went as expected
    29 Answers
    Features
    ApprovalMaxYooz
    Payment Management
    Comparison of Payment Management features of ApprovalMax and Yooz
    Feature
    ApprovalMax
    8.0
    1 Ratings
    6% above category average
    Yooz
    8.8
    41 Ratings
    15% above category average
    Customizable Approval Policies9.01 Ratings9.031 Ratings
    Financial Document Management9.01 Ratings8.230 Ratings
    Payment Status Tracking9.01 Ratings8.819 Ratings
    Payment Audit Trail9.01 Ratings9.021 Ratings
    Duplicate Bill Detection4.01 Ratings8.739 Ratings
    Advanced OCR00 Ratings8.830 Ratings
    Electronic Funds Transfer00 Ratings8.811 Ratings
    Accounts Payable
    Comparison of Accounts Payable features of ApprovalMax and Yooz
    Feature
    ApprovalMax
    8.5
    1 Ratings
    17% above category average
    Yooz
    8.5
    42 Ratings
    17% above category average
    Automated Accounts Payable Processes9.01 Ratings9.142 Ratings
    Vendor Management8.01 Ratings8.035 Ratings
    Best Alternatives
    ApprovalMaxYooz
    Small Businesses
    Tipalti
    Score7.7 out of 10
    Tipalti
    Score7.7 out of 10
    Medium-sized Companies
    Stampli
    Score8.4 out of 10
    Stampli
    Score8.4 out of 10
    Enterprises
    Yooz
    Score8.8 out of 10
    Basware AP Automation
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    ApprovalMaxYooz
    Likelihood to Recommend
    9.0
    (1 ratings)
    8.6
    (47 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.6
    (3 ratings)
    Usability
    -
    (0 ratings)
    8.9
    (20 ratings)
    User Testimonials
    ApprovalMaxYooz
    Likelihood to Recommend
    ApprovalMax
    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
    Incentivized
    Read full review
    Yooz
    Yooz is perfect for reoccurring invoices, such as utilities, as you can search by account# to show a list of entries allowing consistency across the board. Color coding can be used to differentiate between utilities or responsibilities. This also helps when exporting specific items. I can select one by one or by group.
    Incentivized
    Read full review
    Pros
    ApprovalMax
    • 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.
    Incentivized
    Read full review
    Yooz
    • Yooz allowed for the uploading of purchase orders and the matching of purchase orders to invoices for smooth processing of invoices.
    • Yooz performed three way matching in a stream lined manner.
    • Yooz was a user friendly software that integrated well with Oracle NetSuite.
    Incentivized
    Read full review
    Cons
    ApprovalMax
    • 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.
    Incentivized
    Read full review
    Yooz
    • when exporting we have to change the total column's to numbers or it will export with the incorrect totals.
    • Yooz needs to not allow itself to add a line to the total and change what you are posting. instead it needs to freeze you from moving on.
    Incentivized
    Read full review
    Likelihood to Renew
    ApprovalMax
    No answers on this topic
    Yooz
    I love Yooz and everything it has brought to our organization!
    Read full review
    Usability
    ApprovalMax
    No answers on this topic
    Yooz
    It has helped me with invoices and able to see if i have a duplicate and to see how many times vendor has been processed in the system and also to see who is late if it has been in yooz and it needs to get paid soon and also how many coding i have used
    Incentivized
    Read full review
    Alternatives Considered
    ApprovalMax
    Incentivized
    Read full review
    Yooz
    Chrome River is slow and full of inconsistencies. Capturing invoices is confusing, as you have to assign approvers and coding at that time. No time to save it and research those details. It has multiple screens labeled inbox but are for different stages in the approval process that aren't specified unless you go into the invoice and review. When you go to exit the invoice, it takes you back to the main menu instead of the inbox you were currently working in. It is live, but the updates are every 10-15 minutes as opposed to immediately.
    Incentivized
    Read full review
    Return on Investment
    ApprovalMax
    • 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 .
    Incentivized
    Read full review
    Yooz
    • Yooz has delivered a positive ROI for our AP function by reducing invoice processing time and cost, accelerating approvals, and improving control over duplicate/exception handling.
    • Cost per invoice down through automation like less paper/postage.
    • Easy to find the invoice by using invoice number.
    Read full review
    ScreenShots

    ApprovalMax Screenshots

    Screenshot of where approval processes are set up  – no matter how simple or complex.Screenshot of the interface to build approval steps that follow any business rules – whether approvals happen one after another, all at once, or only in certain cases. The user can also control who approves based on things like amount, supplier, account code, or category.Screenshot of where to approve bills and purchase orders the way that works best.Screenshot of the interface that matches bills to approved purchase orders from the same supplier to keep coding accurate and control spending. Unmatched bills can also be stopped from being approved.Screenshot of where to mention others in comments to bring them in or get their input – even if they’re not part of the original approval. If they don’t have access, a prompt to add them as a Watcher is sent. Mentions work on web and mobile, sending notifications as soon as access is granted.Screenshot of where to raise purchase orders, approve requests, and extract key details from bills and purchase orders – all on the go with the ApprovalMax mobile app for iOS and Android.

    Yooz Screenshots

    Screenshot of how Yooz works - The solution provides artificial intelligence (AI) and machine learning technologies to help AP teams with invoice automation.Screenshot of Purchase: Automates PR/PO and approvals using workflows. Additionally users can create purchase requests, automate approval workflows, automatically generate purchase orders, manage deliveries and monitor the budget.Screenshot of Capture: AI based data extraction to extract invoices. Works for almost any format (PDF, Factur-X, UBL, CII, EDIFACT, etc.)Screenshot of No touch: Intelligent workflows to automate approvals and paymentsScreenshot of Pay: A Digital Invoice Payment Workflow. Invoices can be paid individually or as a batch,  and vendors receive payment through Virtual Card, ACH, eCheck, or Paper Check.Screenshot of Export: Invoice capture and automation that integrates with accounting software, or with more than 200 ERPs worldwide.