Say goodbye to delayed approvals!
Having trouble with keeping track of approvals and their audit trails? Create customized approval policies based on your company requirements and get PRs, PQs, POs, bills, and transactions approved in no time!
Trusted by 100+ Finance Teams
Why finance leaders choose Peakflo
Empower different teams to work together!
Avoid working in silos with limited visibility over the approval processes. Give the right access and permissions to the sales and finance team or any other stakeholder based on their roles for utmost transparency and accountability.
Manage Notifications
Users can customize the type of notifications and the channel (WhatsApp or email) of notification from their profile.
Permissions at a glance
Check all permissions of each role at a glance and make sure the users have the right access levels.
Customized roles-based access & permissions
Custom roles and out of the box roles like bill maker, AP manager, Admin, procurement etc. to empower your team and ensure compliant information security.
Delegate approvals with a few clicks!
When an approver is out of office, all the approvals will be pending and many processes will break. In case an approver is not available, easily delegate their approvals to another approver and keep all the processes streamlined!
Set start & end date for delegations
Add a start and finish date for the delegation based on the approver unavailability. After the end date, all the delegations will be assigned to the original approver.
Take approvals to the next level!
Are your company's complex approval matrixes confusing even for employees sometimes? Do you have too many departments and interdepartmental business units? With Peakflo, create rules even for the most complex approvals and streamline the whole approval process!
Set up smart approval workflows!
Automate purchase requests, purchase quotes, purchase orders, bills, credit notes, and transaction approvals with just a few clicks!
Set unlimited approval levels
To streamline your approvals, set up as many approval levels as needed, from team members to any C-levels and department heads.
Set approvals based on amount
Easily create approval levels based on PR, bill, credit note and transaction amount.
Say goodbye to delayed approvals!
If your procure-to-pay processes are interrupted due to the departure of approvers or ambiguity in the approval procedure, you can define fallback approvers at both the policy and approval levels to ensure a frictionless approval process.
Define AND/OR rules for each approval level
Use AND/OR rules to define if the approval of only one person from each approval level is needed or all the approvers in one level need to approve.
Rule over even the most complex approvals!
Assign rules to approval policies and watch the magic happen! The assigned rule will automatically add the right approver to the approval flow and streamline all your complex approvals.
Avoid the hassle of chasing approvers manually!
Instead of manually chasing and following up on all your approvers, the approval notification will be sent to the approvers automatically through WhatsApp and email based on the approval policy.
Approval notifications
A consolidated view of all approvals will be shared with the approvers daily to make sure there will be no missed or delayed approvals.
Approve on the go!
Your approvers can check pending approval details using their email and WhatsApp anytime, and approve them from anywhere!
Keep the approvers accountable!
Itās impossible to manually track when and where approvals happen. With Peakfloās timeline, the audit trail will be automatically captured and stakeholders will have full visibility over approvals.
Tag colleagues, leave notes and comments
Easily "tag" your co-workers and ask them questions. Keep all the stakeholders in the loop and communicate in one place.
Keep track of the approval process
Easily check the trail of approvals and follow up on the pending approvals.
Success Stories
Gazzda
Before Peakflo, Gazzda team had to manually send follow-up emails for 300 invoices per month. Gazzda team also had a hard time doing manual data entry for vendor invoices received by paper and track their status. With Peakflo, Gazzda can automate payment reminders. The scattered vendor invoice management became centralized and the vendor invoice processing has gotten much faster and easier.
Haisia
Before Peakflo, every department in Hai Sia had to submit reimbursements and bills for approval via email or hardcopy documents. Approvals is also very hard to track. With Peakflo WhatsApp OCR, Hai Sia team need to only take a picture of the bill and send it to WhatsApp, and the bill entry gets automated. On top of it, Hai Sia team can track approvals, payments and vendor communication seamlessly in one place.
Rey
Before Peakflo, manual bill approvals could take days and budget management could take a full month for the finance and other divisions in Rey. With Peakflo, Rey can now automate complex approval with the approval workflow. All bills and payments are assigned to a budget automatically and recorded in a structured manner, so the team wouldnāt spend so many hours doing budget recap.
Bharathi Homes
Peakfloās customizable approval automation has been highly beneficial for our team, Weāve been able to save 200 man-hours per month. We have also automated manual tasks such as PO creation and 2-way matching and increased efficiency by 74%.
My Robin
Before Peakflo, the approvals were done using emails, and MyRobinās finance team attempted to use Excel to track the approvals. Lack of approval workflow automation resulted in too much time being spent on manually chasing approvers and Excel did not provide any visibility over the audit trail for the team.
Vida
Peakflo approval workflows have been a great help for streamlining our purchase order and bill approvals. Weāve been able to save 20,254 man hours with Peakflo. We also no longer need to create reports manually and have saved 16 man hours by using Peakflo's out-of-the-box AP reports.
Vida
Before Peakflo, vendors manually submitted invoices in hard copy toĀ NRIās client. The Procurement team had to check if the received supporting documents or invoices are correct. Then, The Accounting (AP) team would recheck the invoice and input the details already processed by the Procurement team. For new vendors, the Procurement team would input the invoice using a template, and the approvers would manually validate and verify the purchase order details. This entire process was time-consuming for the procurement and AP team.
Construction Machinery
Before Peakflo, vendors manually submitted invoices in hard copy toĀ NRIās client. The Procurement team had to check if the received supporting documents or invoices are correct. Then, The Accounting (AP) team would recheck the invoice and input the details already processed by the Procurement team. For new vendors, the Procurement team would input the invoice using a template, and the approvers would manually validate and verify the purchase order details. This entire process was time-consuming for the procurement and AP team.
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Integrate and leverage the power of automation without affecting the way you work.
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Automate your approvals today!
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FAQ
- How do Peakflo automated approvals work?
- Does Peakflo also send approvals through WhatsApp?
- Can I create the approval workflow based on the amount and define approval levels?
- I have a complex approval matrix at my company, how can Peakflo streamline it?
- Can Peakflo sync bills back to the ERP/ accounting software after the approval is done?
- Can we define the parent-child relationship for our customers?
- How can I keep my team and approvers accountable?
- How can I assign approval policies to purchase requests?