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

RAKBANK Partners With Mastercard For Commercial Card Solutions
RAKBANK Partners With Mastercard For Commercial Card Solutions
January 22, 2020  |  B2B Payments

National bank RAKBANK, headquartered in the emirate of Ras Al-Khaimah in the United Arab Emirates, has teamed up with Mastercard to introduce corporate payment solutions,...

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Considering The Surcharge Path To Commercial Card Adoption
Considering The Surcharge Path To Commercial Card Adoption
January 20, 2020  |  B2B Payments

Though adoption is on the rise, commercial cards still hold only a fraction of the corporate payments market — and an even smaller share of...

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AvidXchange Gets $260M In Financing Round
AvidXchange Gets $260M In Financing Round
January 17, 2020  |  Investments

Accounts payable (AP) and payment automation solution company AvidXchange has raised $260 million in equity capital in a financing round, according to a press release....

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Where Faster Payments Fits Between B2B Buyers And Suppliers
Where Faster Payments Fits Between B2B Buyers And Suppliers
January 17, 2020  |  B2B Payments

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. Yet,...

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Merger Combines Six T&E, AP Firms To Form Emburse
Merger Combines Six T&E, AP Firms To Form Emburse
January 16, 2020  |  B2B Payments

Six corporate travel expense management and accounts payable (AP) solution providers are combining into a single company to form Emburse, according to a press release...

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APIs Pull Double-Duty With AP, AR Automation
APIs Pull Double-Duty With AP, AR Automation
January 16, 2020  |  B2B Payments

Solution providers in accounts payable (AP) and accounts receivable (AR) are increasingly servicing not only their corporate customers, but their customers’ own business partners with...

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Basware Shifts SMB Procurement Tech Into New Business Unit
Basware Shifts SMB Procurement Tech Into New Business Unit
January 15, 2020  |  B2B Payments

Electronic procurement solution provider Basware has announced the formation of a new business unit to offer small and medium-sized businesses its procure-to-pay technology. Get the...

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How APIs Are Helping FIs Meet SMBs’ Payment Needs
How APIs Are Helping FIs Meet SMBs’ Payment Needs
January 14, 2020  |  API

Corporates no longer tolerate “swivel chair” solutions that force them to switch back and forth between different software solutions and different bank websites just to...

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Procure-To-Pay Guides The Middle Market Into The Cloud
Procure-To-Pay Guides The Middle Market Into The Cloud
January 10, 2020  |  B2B Payments

Though the middle market might have more resources than small businesses, many firms in this category are only just beginning their digitization journeys. As these...

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