G2 Vendor Directory

Open vs. ApprovalMax

A side-by-side comparison based on G2 review data.

MetricOpen

by Open Financial Technologies

ApprovalMax

by ApprovalMax

Overall rating4.84.6
Review count10100
Ease of use9.89.3
Ease of setup10.09.1
Quality of support9.19.5
Meets requirements9.39.1
NPS10076.530612
Small Business80.0%60.0%
Mid-Market10.0%35.8%
Enterprise10.0%4.2%
Total page views1041,497
Total LLM citations1826,127

Open

Open simplifies business finance management with a banking system integrated with automated accounting, payments, invoicing, auto-reconciliation, payroll and expense management. The all-in-one Open business account powers the financial and business banking needs of SMEs, enterprises and freelancers. Open powers business banking services for over 2 Million SMEs in India. It is the fastest growing neo-banking platform adding over 100,000 new SMEs/month and processing over $24 billion in transactions annually.

Pros

    ApprovalMax

    ApprovalMax is Accounts Payable approval software for finance teams using QuickBooks Online, Xero, and NetSuite. Trusted by 20,000+ businesses around the world, it sits between your accounting platform and every outgoing payment, making sure nothing moves without the right sign-off, at the right level, with the right documentation attached. Finance teams that outgrow email-based approvals use ApprovalMax to automate the entire approval process – from bills and purchase orders to expenses, credit notes, and batch payments. Approval workflows route automatically based on rules you define.

    Pros

    • Approval Process
    • Ease of Use
    • Integrations
    • Efficiency
    • Easy Integrations
    • Easy Setup