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

Payoneer Pays $61 Million for HR/Payroll Platform Skuad
Payoneer Pays $61 Million for HR/Payroll Platform Skuad
August 07, 2024  |  Acquisitions

Small-business-focused FinTech Payoneer has acquired Singapore-based payroll/HR platform Skuad for $61 million. The deal is designed to bolster Payoneer’s efforts to serve as a “business-grade financial stack” for small...

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Flywire Enhances B2B Payment Solution With Acquisition of Invoiced
Flywire Enhances B2B Payment Solution With Acquisition of Invoiced
August 06, 2024  |  Acquisitions

Flywire has acquired Invoiced, a software-as-a-service (SaaS) platform that enables B2B finance teams to automate the order-to-cash process. This acquisition will enhance Flywire’s B2B payments solution, extend...

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8 in 10 Execs Have Lost Business Due to Payment Errors
8 in 10 Execs Have Lost Business Due to Payment Errors
August 06, 2024  |  B2B Payments

The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are...

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How Paperless B2B Payments Are Reducing Fraud in Business Transactions
How Paperless B2B Payments Are Reducing Fraud in Business Transactions
July 31, 2024  |  B2B Payments

If all goes well, the future of business processes won’t look anything like its past. And that holds particularly true in business-to-business (B2B) payments, where...

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Treasury’s Digital Migration Creates Greater Synergies With Finance Function
Treasury’s Digital Migration Creates Greater Synergies With Finance Function
July 30, 2024  |  B2B Payments

Every coin has its flip side. And when it comes to the finance and treasury functions of their organizations, businesses are increasingly calling both ‘heads’...

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Automating B2B Payments Helps Firms Navigate Uncertainty
Automating B2B Payments Helps Firms Navigate Uncertainty
July 30, 2024  |  B2B Payments

You wouldn’t do something by hand when a computer could do it better, would you? What about wait an extended period of time when a...

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Emburse and Finexio Partner to Add AI to Accounts Payable
Emburse and Finexio Partner to Add AI to Accounts Payable
July 30, 2024  |  B2B Payments

Expense solutions firm Emburse has teamed with accounts payable (AP) company Finexio. The partnership lets Emburse customers shift to Finexio’s artificial intelligence (AI)-powered platform, trading manual processes for...

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Monto Raises $9 Million to Seed B2B Payments Platform
Monto Raises $9 Million to Seed B2B Payments Platform
July 30, 2024  |  Investments

Israeli B2B payments platform Monto has emerged from stealth with $9 million in funding. “Monto enables B2B finance teams to seamlessly get paid from any AP portal...

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AI Turns Accounts Payables Into Corporate Growth Engine
AI Turns Accounts Payables Into Corporate Growth Engine
July 30, 2024  |  Accounts Payable

Transforming back-office functions can often serve as a way to move business growth forward. And the accounts payable (AP) function, which plays a crucial role...

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