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

22% of Mid-Sized Firms Anticipate Reduced Payments Fraud With AP/AR Automation
22% of Mid-Sized Firms Anticipate Reduced Payments Fraud With AP/AR Automation
January 03, 2024  |  Security & Fraud

With advancements in artificial intelligence and robotics, firms are banking on automation not just to boost efficiency but also to bolster their resilience in navigating...

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Rising Interest a Boost to Commercial Cards as Working Capital Source
Rising Interest a Boost to Commercial Cards as Working Capital Source
January 03, 2024  |  B2B Payments

Commercial transactions make the world go ‘round, and around the world, B2B transactions are evolving. Treasury automation, virtual card adoption, and the financial advantages of...

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Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
December 29, 2023  |  Accounts Payable

More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts...

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Medius Launches AP Automation Partnership With UK VARs
Medius Launches AP Automation Partnership With UK VARs
December 28, 2023  |  B2B Payments

Accounts payable (AP) automation provider Medius has launched partnerships with several British value-added resellers (VARs). The collaborations, announced last week, involve partners that are experts in enterprise resource planning...

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Uber for Business Adds Integrations With 2 Expense Management Providers 
Uber for Business Adds Integrations With 2 Expense Management Providers 
December 19, 2023  |  Spend Management

Uber for Business has integrated with expense management providers Brex and Ramp.  With these integrations, receipt matching for Uber rides and meals will be automated, helping companies simplify...

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Xero Adds Quadient’s AP Capabilities to Cloud-Based Accounting Software
Xero Adds Quadient’s AP Capabilities to Cloud-Based Accounting Software
December 19, 2023  |  Accounts Payable

Xero has integrated with Quadient’s accounts payable (AP) capabilities to add intelligent AP automation to its cloud-based accounting software. With the companies’ new strategic partnership in North America and...

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Win-Win Relationships Show AP and AR Automation Is a Must, Not a Maybe
Win-Win Relationships Show AP and AR Automation Is a Must, Not a Maybe
December 19, 2023  |  B2B Payments

In an uncertain economy, cash-on-hand matters more than ever. Equally important is visibility over that cash, as well as the ability to look forward and...

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Alternative Payments Adds Collections Support for B2B Payments
Alternative Payments Adds Collections Support for B2B Payments
December 18, 2023  |  B2B Payments

Alternative Payments has launched a product designed to improve the accounts receivable (AR) collections process for services companies.  The new Collections Assist product joins the company’s B2B...

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Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP Automation
Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP Automation
December 07, 2023  |  Investments

Solvento has secured a $50 million debt facility and equity to further develop and expand the use of its payment and credit infrastructure for Latin...

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