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ApprovalMax vs SAP Concur Invoice

ApprovalMax

approvalmax.com

SAP Concur Invoice

concur.com

Side by side

FigureApprovalMaxSAP Concur Invoice
Price from——
Free plan——
Free trialYes—
Open source——
WebYesYes
iOSYesYes
AndroidYesYes
APIYes—
Plans published101
Spec score · Invoice OCR Software8.8 (#2)7.2 (#19)
Spec score · Accounts Payable Software8.6 (#9)7.8 (#36)
Spec score · Accounts Payable Automation Software8.8 (#4)7.2 (#25)
Approval workflowsYesConfigurable workflows route invoices to approvers based on predefined rules and company policies.
Audit trailApproved documents carry records showing who approved, what they saw and when, with the record attached to the accounting transaction.Concur Invoice stores invoices in a centralized cloud system with a digital audit trail.
FoundedLinkedIn lists ApprovalMax as founded in 2016.1972
Free planNoNo
HeadquartersApprovalMax Limited lists its registered office in London, United Kingdom.Walldorf, Germany
PurposeApprovalMax automates accounts payable and receivable approvals and gives businesses control over financial processes.Concur Invoice is cloud-based accounts payable software for invoice processing, approvals, purchase order matching, supplier payments, and reporting.
SecurityApprovalMax states it is ISO 27001 certified and provides single sign-on, two-factor authentication, and automatic logout after 15 minutes of inactivity.SAP Concur says it conducts internal and external penetration testing at least annually and after significant infrastructure, segmentation, or application changes, including testing of Concur Invoice.
SupportThe Xero pricing page lists customer support 24/5 and describes a knowledge base, how-to videos, and guides.SAP Enterprise Support Cloud Edition includes support resources such as training materials, knowledge transfer assets, and best practices for resolving issues.

Plans

ApprovalMax

  • AdvancedPrice not published
  • Advanced (QuickBooks Online)Price not published
  • Advanced (Xero)Price not published
  • NetSuite planPriced on request
  • PremiumPrice not published
  • Premium (QuickBooks Online)Price not published
  • Premium (Xero)Price not published
  • StandardPrice not published
  • Standard (QuickBooks Online)Price not published
  • Standard (Xero)Price not published

ApprovalMax pricing →

SAP Concur Invoice

  • Concur InvoicePriced on request

SAP Concur Invoice pricing →

In their own words

ApprovalMax

ApprovalMax automates accounts payable and receivable approvals and gives businesses controls for financial processes. Its accounts payable workflow covers capture, verification, approval, and payment, with multi-step workflows and configurable approval rules. Xero plans list unlimited workflows and approvals. Accounting integrations include Xero, QuickBooks Online, and Oracle NetSuite, with two-way data sync listed; Airwallex, Dext, and Slack are also supported. From Slack, users can approve, reject, or comment on documents. Plans range from unlimited workflows, users, and approval steps with a full audit trail to options adding bill-to-PO matching, budget checks, supplier onboarding, journal approvals, custom workflows, API access, and AI capture. iPhone and Android apps support submitting and approving requests, and web and API access are listed. ApprovalMax says it is ISO 27001 certified and offers single sign-on, two-factor authentication, and automatic logout after 15 minutes of inactivity. Customer data is processed in Microsoft Azure data centres in Ireland, with backups in the Netherlands. It is a paid service with no free plan, a 14-day trial, and pricing on request.

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SAP Concur Invoice

SAP Concur Invoice is cloud-based accounts payable software for finance teams. It supports invoice processing, AI invoice capture, approvals, purchase order matching, supplier payments, and reporting. The system can match invoices with purchase orders and receipts, then flag discrepancies. Invoices are kept in a centralized cloud system with a digital audit trail. ERP and accounting connections are supported through pre-built connectors, open APIs, and secure file transfers; custom approval levels and multi-entity support are also listed. The SAP Concur mobile app, available for iPhone and Android, supports invoice review and approval, alongside web access. Concur Invoice can be combined with Concur Expense and Concur Travel to manage business spending in one system. Pricing is on request, and there is no free plan. SAP Concur says it conducts internal and external penetration testing at least annually and after significant infrastructure, segmentation, or application changes, including testing of Concur Invoice. Enterprise Support Cloud Edition includes resources such as training materials, knowledge-transfer assets, and practices for resolving issues. First-level technical support through the User Support Desk is a paid service that some customers add, not a universal inclusion.

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