ApprovalMax

Rosenheim, Germany Founded: 2014 • Age: 12 yrs
Automates financial document approvals, strengthens controls, and integrates with accounting systems.
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About ApprovalMax

ApprovalMax is a company based in Rosenheim (Germany) founded in 2014. It operates as a SaaS, and B2B. ApprovalMax offers products and services including ApprovalMax Capture, ApprovalMax Pay, and Approval Workflows. ApprovalMax operates in a competitive market with competitors including Qonto, SumUp, Esker, Upflow and sevdesk, among others.

  • Headquarter Rosenheim, Germany
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Approvalmax Germany Gmbh
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of ApprovalMax

ApprovalMax offers a comprehensive portfolio of products and services, including ApprovalMax Capture, ApprovalMax Pay, and Approval Workflows. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Automates bill data capture to streamline accounts payable processes.

Enables batch payments and fraud detection for financial transactions.

Facilitates multi-step approvals for invoices and expenses securely.

People of ApprovalMax
Headcount 50-200
Employee Profiles 43
Employee Profiles
People
Andrey Kuzmenko
Back End Developer
People
Yulia Bondar
Account Executive
People
Justin Campbell
Solution Engineer
People
Peter Matongo
Account Executive - North America

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Funding Insights of ApprovalMax

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by ApprovalMax

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ApprovalMax

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Approvalmax Comparisons

Employees
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Competitors of ApprovalMax

ApprovalMax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qonto, SumUp, Esker, Upflow and sevdesk, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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SaaS solutions for accounts receivables management are delivered to businesses.
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Cloud-based software for accounting, invoicing, and financial management services.
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Cloud-based invoicing solutions are offered for small businesses.
Company Name Domain Founded year HQ Location Description
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Approvalmax

Frequently Asked Questions about ApprovalMax

When was ApprovalMax founded?

ApprovalMax was founded in 2014.

Where is ApprovalMax located?

ApprovalMax is headquartered in Rosenheim, Germany. It is registered at Rosenheim, Bayern, Germany.

What does ApprovalMax do?

ApprovalMax is a platform that automates approval workflows for accounts payable and receivable, helping businesses detect fraud, simplify audits, and enhance financial controls. It integrates with systems like Xero and QuickBooks, serving sectors such as construction, healthcare, and retail. The service processes millions of documents annually, reducing manual tasks and improving efficiency for global clients including accountants and bookkeepers.

Who are the top competitors of ApprovalMax?

ApprovalMax's top competitors include Qonto, SumUp and Upflow.

What products or services does ApprovalMax offer?

ApprovalMax offers ApprovalMax Capture, ApprovalMax Pay, and Approval Workflows.

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