ApprovalMax vs Tungsten AP Essentials
ApprovalMax
approvalmax.com
Tungsten AP Essentials
tungstenautomation.comSide by side
| Figure | ApprovalMax | Tungsten AP Essentials |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 10 | 7 |
| Spec score · Invoice OCR Software | 8.8 (#2) | 7.1 (#20) |
| Spec score · Accounts Payable Software | 8.6 (#9) | 7.6 (#50) |
| Spec score · Accounts Payable Automation Software | 8.8 (#4) | 7.0 (#27) |
| Free plan | No | No |
| Purpose | ApprovalMax automates accounts payable and receivable approvals and gives businesses control over financial processes. | Automates invoice capture and validation, then classifies and routes extracted data for approval. |
| Security | ApprovalMax states it is ISO 27001 certified and provides single sign-on, two-factor authentication, and automatic logout after 15 minutes of inactivity. | Available sign-in methods include passwords, two-factor authentication, and single sign-on; sessions end after 15 minutes of inactivity and have a 12-hour maximum. |
| Support | The Xero pricing page lists customer support 24/5 and describes a knowledge base, how-to videos, and guides. | The product page advertises 24/7 cloud-based support and links to training, professional services, and product documentation. |
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
Tungsten AP Essentials
- TrialPrice not published
- TrialPriced on request
- BasicPrice not published
- BasicPriced on request
- PremiumPrice not published
- PremiumPriced on request
- EnterprisePriced on request
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.
Tungsten AP Essentials
Tungsten AP Essentials has no write-up on Specifiction yet; its figures are above.