TOA Global and cloud-based approval workflow solution provider ApprovalMax have formed a new partnership to help firms take a more efficient and automated approach to accounts payable and receivable tasks.
Together, TOA and ApprovalMax aim to eliminate bottlenecks that come with manual or email-based approvals. With ApprovalMax software, clients can fully automate their accounts payable function to receive, review, and approve invoices based on workflow settings they can control. It also simplifies audits, enables client collaboration, and provides access to financial data and documents anywhere and at any time since it is cloud-based.
With swift approvals and better visibility and control over important financial processes and data, finance teams would be able to easily manage financial operations and support their company’s growth.
“Success is determined by the right allocation of resources. That’s what ApprovalMax and TOA have in common: they help accounting firms to optimise resource allocation and achieve maximum efficiency. TOA does this by allowing firms access to a global talent pool and outsource their administrative functions. By providing remote automated accounts payable approvals and enabling both better controls and operational confidence, ApprovalMax underpins the integrity of such outsourced functions,” says Sahil Malhotra, Partner Account Manager of ApprovalMax.
The partnership is the latest step in TOA Global’s commitment to client success.
“Our TOA team is on a mission to help empower and enable our team members to work more efficiently with their clients in both Australia and North America. Technology plays a huge role in our strategy to help deliver this. We’re excited to announce our partnership with ApprovalMax on the back of seeing wide adoption of their solution amongst our customers. We think it’s a no-brainer and can’t wait to see what else can come of the relationship,” says Trent McLaren, VP of Client Success at TOA.