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

Payments Automation Helps Main Street Navigate Economic Challenges
Payments Automation Helps Main Street Navigate Economic Challenges
May 31, 2023  |  Innovation

Companies that invested in technology to improve working capital transparency during the pandemic saw overwhelmingly positive results. Seventy-seven percent of surveyed CFOs said they saw...

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Avalara Unveils eInvoicing Compliance Solution for Multinational Businesses
Avalara Unveils eInvoicing Compliance Solution for Multinational Businesses
May 23, 2023  |  B2B Payments

Avalara has unveiled a new tool to help multinational businesses streamline their compliance with eInvoicing mandates. The new Avalara E-Invoicing and Live Reporting is a compliance application programming interface (API)...

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Digital B2B Marketplaces Transform Historic Frictions Into Data-Driven Insights
Digital B2B Marketplaces Transform Historic Frictions Into Data-Driven Insights
May 22, 2023  |  B2B Payments

The way businesses buy and sell to one another has historically been full of friction. At the center of it is how firms pay and...

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Over 63% of SaaS Firms Want Integrated Spend Management Solutions
Over 63% of SaaS Firms Want Integrated Spend Management Solutions
May 17, 2023  |  Spend Management

When it comes to managing non-payroll spending, automation is where a great deal of the smart money is going. A considerable number of Software-as-a-Service (SaaS)...

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Tipalti Raises $150 Million to Expand AP Automation, Counts JPM as Investor
Tipalti Raises $150 Million to Expand AP Automation, Counts JPM as Investor
May 15, 2023  |  Investments

Payables automation platform Tipalti has raised $150 million with the help of JPMorgan Chase. The incremental growth funding round, announced in a Monday (May 15)...

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If AI Can Replace Employees, It Can Also Replace Vendors
If AI Can Replace Employees, It Can Also Replace Vendors
May 12, 2023  |  Opinion

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Turvo Teams With Denim for Simpler Freight Broker Payments
Turvo Teams With Denim for Simpler Freight Broker Payments
May 11, 2023  |  B2B Payments

Supply chain tech firm Turvo has launched a partnership with freight payments system processor Denim. The collaboration, announced Thursday (May 11), integrates Denim’s solution with...

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Relationship-Building Innovations Top Investment Wish List for Logistics Sector
Relationship-Building Innovations Top Investment Wish List for Logistics Sector
May 10, 2023  |  Accounts Payable

Many logistics, shipping and transportation companies live and die by their relationships. That’s probably why PYMNTS data in the report “Accounts Payable Automation: Transportation Companies...

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Generative vs Predictive AI’s Role Across the Future of Payments
Generative vs Predictive AI’s Role Across the Future of Payments
May 09, 2023  |  Artificial Intelligence

Predictive artificial intelligence (AI) has long been a chief financial officer’s best friend. For years, the cutting-edge tech, better known as machine learning (ML) or...

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