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

Medius Debuts AI-Powered Accounts Payable Tools
Medius Debuts AI-Powered Accounts Payable Tools
June 27, 2024  |  B2B Payments

Accounts payable (AP) management firm Medius has introduced a pair of artificial intelligence (AI)-powered offerings. Medius Copilot is an AI assistant embedded within the company’s AP automation...

READ MORE >
Airwallex and QuickBooks to Improve Multicurrency Reporting
Airwallex and QuickBooks to Improve Multicurrency Reporting
June 26, 2024  |  B2B Payments

Payments platform Airwallex integrated with financial software provider QuickBooks. The QuickBooks Bank Feed integration lets Airwallex’s customers connect with Quickbooks’ accounting software and sync their...

READ MORE >
Tabs Adds Revenue Recognition Capability to Billing, Financial Operations Platform
Tabs Adds Revenue Recognition Capability to Billing, Financial Operations Platform
June 26, 2024  |  B2B Payments

Tabs added revenue recognition capability to its artificial intelligence-powered billing and financial operations platform for B2B businesses. The new Tabs Revenue Recognition module helps businesses...

READ MORE >
Finexio Adds Fraud Protection to Accounts Payable-as-a-Service Offerings
Finexio Adds Fraud Protection to Accounts Payable-as-a-Service Offerings
June 25, 2024  |  B2B Payments

Finexio added a new fraud protection solution to its accounts payable (AP)-as-a-service offerings. The new Finexio Shield is designed to secure B2B payments, preventing fraud...

READ MORE >
Otelier Launches AP Automation Product for Hotel Operators
Otelier Launches AP Automation Product for Hotel Operators
June 18, 2024  |  Accounts Payable

Otelier has launched a product that automates accounts payable (AP) workflows for hotel operators. The new DigiPay product streamlines back-office operations by eliminating time spent...

READ MORE >
4 Personalization Tips for Optimizing B2B Payments
4 Personalization Tips for Optimizing B2B Payments
June 18, 2024  |  B2B Payments

Repeat business is more valuable than ever in today’s challenging operating environment. And with the news Monday (June 17) that 40Seas launched a Global Accounts...

READ MORE >
AI, Virtual Cards, Embedded Lending Define This Week in B2B
AI, Virtual Cards, Embedded Lending Define This Week in B2B
June 13, 2024  |  B2B Payments

B2B payments used to be defined by paper and processes. However, as the digitization of commercial payments continues, B2B payments are being defined by their...

READ MORE >
78% of CFOs Say AI Is ‘Extremely Important’ to Payments Processes
78% of CFOs Say AI Is ‘Extremely Important’ to Payments Processes
June 13, 2024  |  artificial intelligence

Most CFOs working on behalf of organizations earning at least $1 billion annually use multiple systems to manage their source-to-pay cycles, and nearly 60% of...

READ MORE >
InScope Raises $4.3 Million to Expand Financial Reporting, Auditing Platform
InScope Raises $4.3 Million to Expand Financial Reporting, Auditing Platform
June 12, 2024  |  Investments

InScope officially launched and announced it raised $4.3 million to grow its platform designed to facilitate financial reporting and audits for private companies.  The platform...

READ MORE >