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)

Mimo Launches Financial Management Platform for Small Businesses, Accountants
Mimo Launches Financial Management Platform for Small Businesses, Accountants
April 11, 2024  |  B2B Payments

Mimo raised 15.5 million pounds (about $19.4 million) to launch its financial management platform for small- to medium-sized businesses (SMBs) and accountants. The platform helps these...

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Automating Ad Hoc Payments Makes Instant Pay a Reality for Gig Workers
Automating Ad Hoc Payments Makes Instant Pay a Reality for Gig Workers
April 09, 2024  |  Gig Economy

Defined by their sporadic and one-off nature, ad hoc payments have traditionally provided a flexible solution for compensating individuals for their services, catering to the...

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JustPaid Launches API to Support Usage-Based Billing
JustPaid Launches API to Support Usage-Based Billing
April 09, 2024  |  Accounts Payable

JustPaid has launched a billing platform application programming interface (API) that helps businesses automatically track product usage and generate invoices. It does so by uploading usage...

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PRGX Launches AI-Powered AP Platform
PRGX Launches AI-Powered AP Platform
April 09, 2024  |  Accounts Payable

Data management firm PRGX unveiled an artificial intelligence-powered accounts payable platform. Called Supplier Connect, the platform aims to foster more collaboration and efficiency in invoice inquiry and dispute...

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Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
April 09, 2024  |  Mastercard

Mastercard realigned its organizational structure to support its strategic priorities and position itself for “the next era of growth.” The realignment centers on three teams: Core...

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Can AI Find Its Way Into Accounts Payable?
Can AI Find Its Way Into Accounts Payable?
April 05, 2024  |  Accounts Payable

Generative artificial intelligence (AI) is igniting a new era of innovation within the back office. No legacy process is safe. And this is particularly true...

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Ottimate Partners With Agave on AP Automation in Construction Industry
Ottimate Partners With Agave on AP Automation in Construction Industry
April 04, 2024  |  Partnerships

Ottimate partnered with Agave to make it easier for construction and real estate companies to incorporate its accounts payable (AP) automation solution into their existing processes. Agave’s unified...

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Synovus Launches ‘Future-Proof’ B2B Payments Solution
Synovus Launches ‘Future-Proof’ B2B Payments Solution
April 03, 2024  |  B2B Payments

Synovus, a bank with branches in Georgia, Alabama, South Carolina, Florida and Tennessee, has launched a new B2B payment solution that gives its commercial banking...

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Settle Launches Automatic 3-Way Matching for Purchase Orders 
Settle Launches Automatic 3-Way Matching for Purchase Orders 
March 27, 2024  |  B2B Payments

Settle has added an Automatic 3-Way Matching for Purchase Orders feature to its cash-flow management platform. Designed for eCommerce and consumer packaged goods (CPG) brands, this feature dynamically...

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