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

Companies Tap New Data Insights After Automating Business Payments
Companies Tap New Data Insights After Automating Business Payments
April 24, 2023  |  B2B Payments

Intractable manual payment processing remains a significant pain point for many organizations, but the more companies experience automated payment processing, with the cost savings and...

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12 CFOs on How SVB’s Collapse Transformed the Finance Department
12 CFOs on How SVB’s Collapse Transformed the Finance Department
April 21, 2023  |  CFO

The biggest U.S. bank failure since 2008 has emphasized the fundamental importance of best practices. That’s what a dozen top finance leaders across industries told...

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Lockstep Adds Payment Acceptance to B2B Connected Accounting Network
Lockstep Adds Payment Acceptance to B2B Connected Accounting Network
April 20, 2023  |  B2B Payments

Lockstep has added new payment acceptance to its connected accounting network for B2B companies. The company’s Lockstep Self-Service now enables companies to accept online payments...

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Paymerang Adds KwikTag and Sypht to AP Automation Fold
Paymerang Adds KwikTag and Sypht to AP Automation Fold
April 11, 2023  |  Accounts Payable

Paymerang has acquired two companies to complement its accounts payable (AP) automation offerings. The Richmond, Virginia-based firm announced in a Tuesday (April 11) press release...

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PYMNTS Intelligence: Benefits Abound for Merchants Undertaking Payments Modernization
PYMNTS Intelligence: Benefits Abound for Merchants Undertaking Payments Modernization
April 11, 2023  |  Payments Innovation

As physical locations closed or access to them became otherwise restricted during the pandemic, companies had to pivot to digital channels to survive. Even stores...

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Shipping Sector Finds Smarter Ways to Operate Using Generative AI
Shipping Sector Finds Smarter Ways to Operate Using Generative AI
April 07, 2023  |  Artificial Intelligence

There is nothing simple about moving goods from point A to point B. The logistics space is not only fundamental to the conveniences of modern...

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Field Materials Raises $4.65 Million to Streamline Construction Material Procurement
Field Materials Raises $4.65 Million to Streamline Construction Material Procurement
April 06, 2023  |  Back-office

Field Materials has raised $4.65 million in seed funding for its construction material purchasing software. The powered by artificial intelligence (AI), the software helps general...

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With Professional Service Firms Catching Heat, Is This Digital’s Moment?
With Professional Service Firms Catching Heat, Is This Digital’s Moment?
April 06, 2023  |  Security & Fraud

Running a business is complicated, particularly in today’s challenging macroclimate. But economic downturns are cyclical — and there exists a bevy of professional service firms...

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Proactis and Finexio Partner on AP Automation and B2B Payments
Proactis and Finexio Partner on AP Automation and B2B Payments
March 30, 2023  |  B2B Payments

Proactis and Finexio have partnered to help mid-market organizations eliminate manual processes from B2B payments. With their new agreement, Finexio’s accounts payable (AP) payment capabilities...

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