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

How EDI Keeps The Invoice Data Flowing

How EDI Keeps The Invoice Data Flowing
How EDI Keeps The Invoice Data Flowing
January 13, 2021  |  B2B Payments

Data sharing with business partners, particularly suppliers, has evolved from a beneficial strategy that drives efficiency, to a vital way to keep business operations moving...

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AI Rides To Rescue Of Analog Accounting Processes
AI Rides To Rescue Of Analog Accounting Processes
January 13, 2021  |  Artificial Intelligence

The problems are analog. The paper check, the paper invoice, slow accounts receivable (AR) processes and collecting on aging receivables can be difficult for even...

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Virtual Cards Drive Consumerization Of B2B Payments
Virtual Cards Drive Consumerization Of B2B Payments
January 12, 2021  |  B2B Payments

Historically, corporate travel and expense (T&E) management has been viewed as an entirely separate function from other B2B payment workflows. Get the Full Story Complete...

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FortisPay Buys Swype To Expand AP, ERP Capabilities
FortisPay Buys Swype To Expand AP, ERP Capabilities
January 10, 2021  |  Partnerships / Acquisitions

Fortis Payment Systems (FortisPay), which works in payment technologies for businesses and developers, announced that it had bought Swype at Work and also entered into...

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Today In B2B: UK Debt Collectors Eye SMB Aid Recovery; ActiveWorx Launches B2B Payments Optimization Tool
Today In B2B: UK Debt Collectors Eye SMB Aid Recovery; ActiveWorx Launches B2B Payments Optimization...
January 08, 2021  |  B2B Payments

Today in B2B payments, ActiveWorx launches its B2B payment optimization tool, while PayJunction debuts an eInvoicing feature. Plus, U.K. debt collectors seek a bigger role...

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Kofax, Microsoft Team On Enhancing AP Automation
Kofax, Microsoft Team On Enhancing AP Automation
January 06, 2021  |  B2B Payments

Intelligent automation software provider Kofax will integrate its ReadSoft Online platform with Microsoft Dynamics 365, letting organizations enhance their procure-to-pay workflows and automatic mission-critical processes,...

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B2B Payments 2021: Assessing The Gaps And Digital Opportunities
B2B Payments 2021: Assessing The Gaps And Digital Opportunities
January 05, 2021  |  B2B Payments

Most businesses strive to expand, but expansion can come with growing pains. It can be particularly challenging for growing businesses to manage payment flows. Having...

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AvidXchange Buys Core Assoc. To Automate Mid-Market Accounts Payable
AvidXchange Buys Core Assoc. To Automate Mid-Market Accounts Payable
January 04, 2021  |  Acquiring

Accounts payable (AP) and payments firm AvidXchange has acquired AP software solutions platform Core Associates, to advance payments automation in the construction industry and mid-market...

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Seller Platforms And Digital Marketplaces Define B2B Payments For 2021
Seller Platforms And Digital Marketplaces Define B2B Payments For 2021
December 30, 2020  |  B2B Payments

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond...

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