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

Payhawk Adds Procure-to-Pay Solution to Global Spend Management Platform
Payhawk Adds Procure-to-Pay Solution to Global Spend Management Platform
November 21, 2023  |  B2B Payments

Payhawk, a global spend management platform, launched a solution that enables businesses to automate their procure-to-pay process. The company’s new Purchase Orders system aims to...

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Cash Is King Means ‘Pay Me Sooner’ for B2B Players 
Cash Is King Means ‘Pay Me Sooner’ for B2B Players 
November 20, 2023  |  B2B Payments

What do businesses want for the holidays? It’s simple: to get paid faster.  B2B payments are the global economy’s transactional workhorse, accounting for tens of...

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93% of Middle Market Firms Say Current AP/AR Systems Don’t Cut It
93% of Middle Market Firms Say Current AP/AR Systems Don’t Cut It
November 20, 2023  |  Accounts Payable

Automating accounts payable (AP) and accounts receivable (AR) can provide a crucial edge for mid-size firms. Most that have done so report increased efficiency and...

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Cut the Check: How Paperless Progress Future-Proofs B2B Payments
Cut the Check: How Paperless Progress Future-Proofs B2B Payments
November 17, 2023  |  B2B Payments

Money in and money out always matters, but cash flows come to the forefront in uncertain times. And today’s macro environment is increasingly driving a...

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Middle Market CFOs Say Automated AP/AR Delivers Certainty in Tough Economy
Middle Market CFOs Say Automated AP/AR Delivers Certainty in Tough Economy
November 16, 2023  |  Accounts Payable

Midsize firms anticipate that making and receiving payments will become even more of a core necessity very soon. On average, firms expect a 50% increase...

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Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
November 15, 2023  |  Faster Payments

Although ad hoc payments make up just 24% of accounts payable (AP) volume, they hold significant importance in various industry operations. In fact, these irregular...

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Intuit QuickBooks Unveils Standardized Platform for Small Business Accountants
Intuit QuickBooks Unveils Standardized Platform for Small Business Accountants
November 15, 2023  |  SMBs

Global financial technology platform Intuit has unveiled a range of new innovations that aim to empower accountants and small businesses through its QuickBooks online ecosystem.  One...

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Innovators Find ‘White Space’ in Making Business Payments Secure and Certain
Innovators Find ‘White Space’ in Making Business Payments Secure and Certain
November 15, 2023  |  B2B Payments

B2B transactions play an undeniably crucial in role in shaping the global economy.  And increasingly, technical innovations play an undeniably crucial role in shaping B2B...

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Ad Hoc Payments Represent One in Every Four Vendor Payables
Ad Hoc Payments Represent One in Every Four Vendor Payables
November 15, 2023  |  Money Mobility

Ad hoc payments are irregular payments made outside normal invoicing and payroll processes and are somewhat of a nuisance. On average, these payments account for...

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