What Approveit does
Approveit is an AI-powered workflow automation platform designed to simplify approval and task management for Finance, HR, and IT teams. It helps teams automate repetitive processes, manage approvals, and handle tasks efficiently.
The Current Landscape
The demand for automation software solutions is rapidly increasing due to persistent challenges in business operations. Managers, particularly in global companies, often have to navigate more than 10 different systems to access data and handle requests, leading to inefficiencies, delays, and errors. Moreover, inconsistencies in the execution of standard procedures across departments and locations make it difficult to track changes and manage audit processes effectively due to a lack of comprehensive audit logs. These issues strain a company’s financial and human resources.
Approveit is designed to offer the simplest and fastest onboarding for mid-sized businesses with diverse needs, as workflow automation should be accessible to businesses of all sizes. Implementing Approveit can save businesses up to $2 million annually by reducing operational inefficiencies and minimizing human error, while also decreasing post-implementation costs.
Company Birth Story
Approveit was born at the beginning of 2021, founded by CEO Serge Gusev and CTO Dmitry Matveev, both always driven by a passion for the tech industry. Working on a project, Dmitry and Serge noticed that approval processes often interfere with business efficiency. This conclusion led to create Approveit, a solution designed to optimize approval workflows and reduce the time and financial losses in companies.
The Solution
The platform works within familiar communication channels like Slack Microsoft Teams and email. By keeping collaboration in communication channels, Approveit makes it easy for teams to stay connected and work together without switching between different tools. The platform seamlessly integrates the company's existing messengers and merges easily with existing systems, with full integration taking up to a week, providing real-time process control and data consolidation for swift, informed decision-making.
Apart from other competitors who are focusing on one vertical problem solving, Approveit is a universal tool which can be used through many company departments such as Finance, HR, Procurement and IT.
A Customer Story
Approveit is often approached by clients aiming to streamline financial document workflows and enhance security of this process, directly impacting transaction timelines and relationships with clients and suppliers. In one of these cases, Approveit helped to bring down the risk of paying an incorrect invoice to basically zero and reduced the approval time up to 80%.
A founder quote
“After speaking with many companies, it became clear that while businesses have various challenges, one common problem stood out: messy workflow processes often distract employees from important tasks, affecting their motivation and overall efficiency. The main mission of Approveit became to fix that.,” says Serge Gusev, CEO and co-founder of Approveit
Check it out : https://approveit.today/
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