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)

Why Visa Is Talking About a Working Capital Network
Why Visa Is Talking About a Working Capital Network
November 13, 2023  |  Payments Innovation

Alan Koenigsberg, senior vice president and global head of large, middle market, treasury and working capital solutions at Visa, took note of the rapid shifts...

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This Week in AI: An AI App Store and GPTs Go Shopping
This Week in AI: An AI App Store and GPTs Go Shopping
November 10, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) just keeps getting bigger. When you have a successful tech innovation, frequently, the next commercial step is to turn it into a...

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Priority CEO Says Businesses Expect a Unified Commerce Experience
Priority CEO Says Businesses Expect a Unified Commerce Experience
November 09, 2023  |  B2B Payments

B2B payments are increasingly finding themselves in the spotlight, and for good reason.  The complex and massive space is increasingly benefitting from the trickledown consumerization of...

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Automated Payments Are Crucial First Step in Broader Enterprise Digitization
Automated Payments Are Crucial First Step in Broader Enterprise Digitization
November 08, 2023  |  Fraud Prevention

Fraudulent activities can manifest in various forms, including identity theft, payment fraud and cyberattacks. In all those cases, legacy and manual back-end systems provide bad...

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Millennial Finance Teams Embrace Embedded Finance Trend
Millennial Finance Teams Embrace Embedded Finance Trend
November 07, 2023  |  Accounts Payable

Experts are predicting a significant surge in the adoption of embedded finance solutions, with transactions projected to reach a staggering $7 trillion by 2026. The...

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This Week in AI: Regulatory Ramp Up and Industry Innovations 
This Week in AI: Regulatory Ramp Up and Industry Innovations 
November 03, 2023  |  artificial intelligence

Another week, another explosion of news generated by generative artificial intelligence (AI). Technological innovations form the core of cultural transformations that have immediate and startling...

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Flexibility Helps Evolve B2B Relationships as Firms Tap Digital Innovations
Flexibility Helps Evolve B2B Relationships as Firms Tap Digital Innovations
November 02, 2023  |  Commercial Payments

In challenging times, commercial firms need to get creative about the way they do business. Luckily for business-to-business (B2B) players large and small, creativity often...

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Over 50% of Retailers Plan to Enhance AP Systems With Digital Investments
Over 50% of Retailers Plan to Enhance AP Systems With Digital Investments
November 02, 2023  |  Spend Management

In today’s rapidly evolving business landscape, firms are increasingly embracing digital advancements that can transform working capital management, streamline their accounts receivable (AR) and accounts...

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From Tradition to Transformation: B2B Enterprises Hit Generational Inflection Point 
From Tradition to Transformation: B2B Enterprises Hit Generational Inflection Point 
November 01, 2023  |  B2B Payments

A generational change is coming for the B2B landscape. But from employees to ERP (enterprise resource planning) systems, it doesn’t have to be out with...

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