accounts payable

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

Source: en.wikipedia.org

CSG CFO: ‘True Decision Support’ Is Digital Transformation’s Holy Grail
CSG CFO: ‘True Decision Support’ Is Digital Transformation’s Holy Grail
July 29, 2024  |  CFO

Today’s CFOs increasingly find themselves in a position to actively transform their companies. This emerging reality is rapidly transforming the nature of both the CFO...

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TranscendAP Adds Improved Purchase Order Matching to AP Platform
TranscendAP Adds Improved Purchase Order Matching to AP Platform
July 25, 2024  |  B2B Payments

TranscendAP has added new artificial intelligence (AI) and machine learning (ML) functionality to its accounts payable (AP) platform for mid-market and large enterprises. The new...

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Tracking Unclaimed Property Helps Firms Avoid Tax Audits and Penalties
Tracking Unclaimed Property Helps Firms Avoid Tax Audits and Penalties
July 25, 2024  |  Accounts Payable

Maybe you’ve gotten the emails, or heard through word of mouth: There are billions of dollars’ worth of unclaimed assets held by state governments. Ann...

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Data Shows Up as Force Multiplier in Payables and Receivables Automation
Data Shows Up as Force Multiplier in Payables and Receivables Automation
July 23, 2024  |  B2B Payments

Traditionally, the back office has been populated by the number crunchers: the men and women who used to be characterized by expertise in accounts payable...

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3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
July 22, 2024  |  B2B Payments

Better business-to-business (B2B) payments need to reduce costs, enable scalability, and support data-driven decision-making. Traditionally, the manual processes supporting the accounts payable (AP) and accounts...

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Beyond Payments: What B2B Businesses Can Unlock With Clean Data
Beyond Payments: What B2B Businesses Can Unlock With Clean Data
July 19, 2024  |  B2B Payments

In today’s digital world, effective use of data defines increasingly defines business success. That makes it critically important for businesses to define what both good...

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This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success
This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success
July 18, 2024  |  B2B Payments

Innovation and competition are constantly reshaping the B2B landscape. The pace of transformation has financial institutions (FIs) and corporations increasingly seeking ways to bring their...

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Adaptive Raises $19 Million to Scale Construction Industry Financial Platform
Adaptive Raises $19 Million to Scale Construction Industry Financial Platform
July 15, 2024  |  Investments

Adaptive raised $19 million in a Series A funding round to scale its artificial intelligence-powered financial platform for businesses in the construction industry. The platform...

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How Value-Added Services Are Transforming B2B Payments
How Value-Added Services Are Transforming B2B Payments
July 12, 2024  |  B2B Payments

B2B payments are famously never just payments, but a sophisticated combination of workflows and data. With the news Thursday (July 11) that Bank of America...

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