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

IRIS Expands Outsourcing Service to Accounting Firms in Americas
IRIS Expands Outsourcing Service to Accounting Firms in Americas
September 05, 2023  |  B2B Payments

Global software provider IRIS Software Group has introduced its IRIS Outsourcing service for accounting firms in the Americas market. This service aims to tackle the talent gap in the...

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Death by Paper Cut: The Hidden Costs of Checks
Death by Paper Cut: The Hidden Costs of Checks
September 05, 2023  |  B2B Payments

The way things have always been done could be harming firms in the long run. That’s because in an era where technological advancements are transforming...

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There Are No Days Off for Winning Working Capital Programs
There Are No Days Off for Winning Working Capital Programs
September 04, 2023  |  Commercial Payments

Running a business is challenging, and it isn’t getting any easier. For most firms operating within today’s modern ecosystem, competition is only a click away...

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Vic.ai Adds Payments Feature to Autonomous Finance Platform
Vic.ai Adds Payments Feature to Autonomous Finance Platform
August 31, 2023  |  B2B Payments

Vic.ai has added Vic.ai Payments to its artificial intelligence (AI) autonomous finance platform. This new feature, which is now available to all U.S. customers, aims to provide an...

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7 in 10 CFOs Rely on Automated Customer Services to Cut Payment Delays
7 in 10 CFOs Rely on Automated Customer Services to Cut Payment Delays
August 31, 2023  |  Accounts Payable

Businesses looking to automate their accounts payable (AP) and accounts receivable (AR) piecemeal may want to start with their customer support. Payment delays have plagued...

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PandaDoc Acquires Denario to Help Small Businesses Simplify Proposal-to-Cash Workflow
PandaDoc Acquires Denario to Help Small Businesses Simplify Proposal-to-Cash Workflow
August 28, 2023  |  Acquisitions

PandaDoc has acquired Denario to help small businesses simplify their proposal-to-cash workflow. The deal will expand the capabilities of PandaDoc’s platform for document creation, management, tracking and eSigning...

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Real Estate Sector Falls Behind in Real-Time Payments Adoption
Real Estate Sector Falls Behind in Real-Time Payments Adoption
August 24, 2023  |  Real Estate

In today’s digital era, it seems almost quaint that an industry as essential as real estate relies so heavily on paper checks, given current rates...

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Generative AI’s Biggest Impact May Be as a Specialist
Generative AI’s Biggest Impact May Be as a Specialist
August 24, 2023  |  artificial intelligence

General-purpose innovations can often fall into the solution-in-search-of-a-problem trap.  After all, to a hammer everything looks like a nail. And to large language models (LLMs), everything might...

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Accounts Payable Moves From Cost Center to Revenue Generator
Accounts Payable Moves From Cost Center to Revenue Generator
August 24, 2023  |  Accounts Payable

The paper check remains firmly entrenched in B2B payments in the United States. Finexio Chief Commercial Officer Bill Fox recounted to PYMNTS that elsewhere around the world —...

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