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ApprovalMax and Cin7 Core integrate to offer approval workflows to businesses managing large inventories

April 24, 2024

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
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ApprovalMax, a leading provider of internal financial controls and approval automation, today announced its integration with Cin7 Core, an intelligent commerce platform that delivers connected inventory performance. The  strategic partnership is intended to bring finance and procurement teams closer, while allowing businesses to streamline purchase order management, build stronger financial controls, boost efficiency, and mitigate risks associated with managing large inventories.

“We know that inventory management is crucial for businesses’ success but many still use slow, manual processes to get it done.” said Konstantin Bredyuk, CEO of ApprovalMax. “By combining our powerful approval automation with Cin7 Core’s inventory management capabilities, we want to help these businesses tap into a faster, simpler, and easier way to handle inventory approvals and workflows, while still building strong financial controls.””

ApprovalMax customers using Cin7 Core can tighten their financial controls, reduce errors, and enhance security in inventory management processes. Customisable workflows allow decision-makers to approve everything in one place, adding an extra layer of efficiency and control to business operations.

“We are excited to partner with ApprovalMax and offer our customers a seamless integration that enhances their inventory management and procurement processes,” said Arun Kumar, Global Director, Technology & Strategic Partnerships of Cin7. “By leveraging ApprovalMax’s approval automation functionality and financial controls, our customers can focus on growing their businesses while ensuring operations efficiency and business compliance.”

About the integration:

With Cin7 Core and ApprovalMax, businesses can automatically route purchase orders from Cin7 to decision-makers within ApprovalMax, removing the need for manual follow-ups for a simpler approval process. This addresses common challenges finance teams face due to a lack of visibility and version control in the purchase order approval process, which often leads to delays, errors, and even potential fraud.

Together Cin7 Core and ApprovalMax:

  • Multi-level and multi-conditional approval workflows for purchase orders, putting documents in the hands of the right people
  • Fraud detection capabilities that monitor changes to approved purchase orders, safeguarding businesses against potential fraudulent activities.
  • Flexible approval workflow management, allowing finance teams to make changes directly in ApprovalMax without modifying Cin7 Core settings.
  • Automated notifications keep stakeholders informed throughout the approval process, reducing bottlenecks and improving collaboration.
  • Seamless integration with Xero and QBO today, so businesses can approve purchase orders, invoices, and credit notes from a single platform. Additional integrations with other prominent accounting platforms in the future.

The integration is available now. To get set up, users need active accounts with both ApprovalMax and Cin7 Core.

Why leave it there?

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