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

VAT4U Adds AI-Powered Capabilities to VAT Management Platform
VAT4U Adds AI-Powered Capabilities to VAT Management Platform
October 24, 2024  |  artificial intelligence

VAT4U has added generative artificial intelligence (AI)-powered capabilities to simplify value-added tax (VAT) processes. The upgraded VAT4U SmartAI engine focuses on helping businesses manage VAT...

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Embedded Payments Become Backbone of B2B Commerce
Embedded Payments Become Backbone of B2B Commerce
October 24, 2024  |  B2B Payments

In the world of B2B, where game-changing deals can hinge on the workflows surrounding a transaction, payments are no longer an afterthought — they’re a...

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October 23, 2024  |  SMBs

Spendesk launched a procure-to-pay solution designed alongside the company’s existing spend management platform. The resulting fully integrated procurement and spend management tool is designed for...

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Solving the Working Capital Goldilocks Paradox: 3 Best Practices for CFOs
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October 23, 2024  |  CFO

Today’s middle-market firms often find themselves caught in the Goldilocks paradox. These businesses, with $50 million to $1 billion in revenues, are too big for...

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Systems Integrations Move B2B Payments from Stuck to Streamlined
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October 10, 2024  |  B2B Payments

As businesses grow, so do the volume and complexity of their B2B payments. This comes amid news Wednesday (Oct. 9) that FreedomPay has launched a partnership with...

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64% of SMBs Face Delayed Payments
64% of SMBs Face Delayed Payments
October 10, 2024  |  Accounts Payable

Accounts payable (AP) remains a pain point for businesses of all sizes, particularly those that still rely on legacy methods like checks. The adoption of...

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Cash Flow 2.0: Better Business Payments Create Smarter Treasury Strategies
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October 09, 2024  |  B2B Payments

Emerging payment networks and models are rewriting the rules of commercial transactions. And it’s time for chief financial officers and treasurers to cash in. Whether...

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AP/AR Automation Exposes Hidden Payment Trends
AP/AR Automation Exposes Hidden Payment Trends
October 08, 2024  |  B2B Payments

By now we know the usual suspects for payments and back-office automation. There’s the paper check, and all its costs and fraud potential. There’s the...

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Manual Payments, Maximum Risk: How AP/AR Automation Beefs Up Security
Manual Payments, Maximum Risk: How AP/AR Automation Beefs Up Security
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Old-school manual B2B payments, particularly checks, are sitting ducks for fraudsters. Many organizations, particularly those in industries with long-established practices or fragmented environments, like construction,...

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