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Tightening Your Internal Financial Controls with ApprovalMax + Xero

Heather Smith
31 min readJun 28, 2023

“We’re defining e-Invoicing as a new way of sending business documents, invoices, but also purchase orders and other things between accounting systems using a secure International Network. That’s giving you a higher level of security and lowering the risk”. — Simon Foster, GM Product — eInvoicing at Xero.

“You will never eliminate risk, what you can do is mitigate it significantly. The idea and the point behind strong financial controls, though, is to make that as difficult as possible in the first instance. So most often fraud and those sorts of breaches are done because the opportunity is made available. It’s easy for people to do so they take advantage of it“. — Cassandra Scott, Director Laurus Bookkeeping, and Head of Bookkeeping — APAC ApprovalMax

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Heather Smith
Heather Smith

Written by Heather Smith

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