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

75% of AP Teams Reported Processing More Invoices Last Quarter
75% of AP Teams Reported Processing More Invoices Last Quarter
October 31, 2023  |  Accounts Payable

Accounts payable (AP) staff have been working extra hours as they use legacy and manual procedures to handle a growing number of invoices. Seventy-five percent...

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BILL Debuts New Purchase Order Tools for Small Businesses
BILL Debuts New Purchase Order Tools for Small Businesses
October 25, 2023  |  B2B Payments

Financial operations platform BILL has introduced new capabilities for small businesses and accounting firms. The San Jose company announced Wednesday (Oct. 25) that it was rolling out automation technology...

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CFOs Use Automation for Fraud Prevention More Than for AP/AR
CFOs Use Automation for Fraud Prevention More Than for AP/AR
October 25, 2023  |  Accounts Payable

In today’s fast-paced business world, companies are constantly looking to streamline operations and increase productivity. One area in need of this streamlining that often requires...

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Moving B2B Payments’ Last Mile Into the Express Lane
Moving B2B Payments’ Last Mile Into the Express Lane
October 25, 2023  |  B2B Payments

The “last mile” holds the key to a frictionless B2B payments future. Over the last decade, the impact of digital capabilities and innovative new ecosystems...

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Payhawk Partners With Wise Platform to Streamline Global Payments
Payhawk Partners With Wise Platform to Streamline Global Payments
October 24, 2023  |  B2B Payments

Global spend management solution Payhawk has partnered with global payment infrastructure firm Wise Platform to provide faster and more cost-effective global payments to its international customer base. This collaboration...

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Fiserv and Melio Partner to Help Banks Serve Small Businesses
Fiserv and Melio Partner to Help Banks Serve Small Businesses
October 23, 2023  |  Commercial Payments

Fiserv, a global provider of payments and financial services technology solutions, has partnered with Melio, a B2B payments platform, to help financial institutions streamline accounts payable...

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Finexio Unveils NextGen Platform With AI-Powered Supplier Enablement
Finexio Unveils NextGen Platform With AI-Powered Supplier Enablement
October 23, 2023  |  Artificial Intelligence

Finexio, a B2B accounts payable (AP) Payments-as-a-Service company, unveiled its NextGen platform, equipped with an artificial intelligence (AI)-powered supplier enablement framework. The NextGen B2B payments...

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Small Steps, Big Change: Unlocking Growth by Modernizing B2B Payments
Small Steps, Big Change: Unlocking Growth by Modernizing B2B Payments
October 23, 2023  |  B2B Payments

Completing a series of small steps is an easy way to make a big change. This is particularly true as organizations look to modernize their...

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Virtual Cards Accelerate AP Automation, Leaving Checks Behind
Virtual Cards Accelerate AP Automation, Leaving Checks Behind
October 19, 2023  |  Accounts Payable

Business-to-business (B2B) payments play a crucial role in the modern economy, with experts projecting a staggering $111 trillion in transactions between businesses by 2027. However,...

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