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)

Paystand Acquires Teampay to Create B2B Financial Platform
Paystand Acquires Teampay to Create B2B Financial Platform
April 25, 2024  |  Acquisitions

Blockchain-enabled B2B payments network Paystand has acquired spend management software provider Teampay to create a unified financial platform that covers both accounts receivable (AR) and accounts payable...

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This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
April 25, 2024  |  B2B Payments

Innovation is a key factor in any company’s ability to succeed in the long run.  And so are the ways in which they pay and...

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HubSpot and Stripe Optimize Digital Payments for Small Businesses
HubSpot and Stripe Optimize Digital Payments for Small Businesses
April 24, 2024  |  SMBs

Small businesses don’t want embracing modern technology to be a big, technical lift. After all, these Main Street-style companies are increasingly busy building out their...

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Countsy Debuts Platform to Streamline Back-Office Management
Countsy Debuts Platform to Streamline Back-Office Management
April 23, 2024  |  Back-office

Accounting and human resources and finance firm Countsy has debuted an online platform. Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized...

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Virtual Cards Set to Transform Buyer-Supplier Relationships
Virtual Cards Set to Transform Buyer-Supplier Relationships
April 23, 2024  |  B2B Payments

Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a...

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Can Companies Automate Away America’s Growing Accountant Shortage?
Can Companies Automate Away America’s Growing Accountant Shortage?
April 22, 2024  |  Accounts Receivable

When it comes to choosing a career in accounting, the numbers no longer add up. That’s because, from corporate finance departments to CPA (certified public accountant) prep courses, finance...

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Basware Debuts AI-Powered Fraud Prevention Tool
Basware Debuts AI-Powered Fraud Prevention Tool
April 22, 2024  |  Fraud Prevention

Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. AP Protect, announced Monday (April 22), is an artificial intelligence (AI)-powered tool that helps...

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93% of Mid-Sized Firms Plan More Automation For AP/AR Systems Processes
93% of Mid-Sized Firms Plan More Automation For AP/AR Systems Processes
April 22, 2024  |  Accounts Payable

Mid-sized firms are as eager as their large enterprise counterparts to fully automate their accounts payable (AP) and accounts receivable (AR) processes; however, research shows...

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CFOs’ Top 4 Concerns Reveal Importance of Controlling What’s Controllable
CFOs’ Top 4 Concerns Reveal Importance of Controlling What’s Controllable
April 19, 2024  |  CFO

The concerns keeping CFOs awake at night help define their business strategies in the morning. And with the news this week that B2B credit card...

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