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

3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction

3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
July 22, 2024  |  B2B Payments

Better business-to-business (B2B) payments need to reduce costs, enable scalability, and support data-driven decision-making. Traditionally, the manual processes supporting the accounts payable (AP) and accounts...

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Beyond Payments: What B2B Businesses Can Unlock With Clean Data
Beyond Payments: What B2B Businesses Can Unlock With Clean Data
July 19, 2024  |  B2B Payments

In today’s digital world, effective use of data defines increasingly defines business success. That makes it critically important for businesses to define what both good...

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This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success
This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success
July 18, 2024  |  B2B Payments

Innovation and competition are constantly reshaping the B2B landscape. The pace of transformation has financial institutions (FIs) and corporations increasingly seeking ways to bring their...

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Adaptive Raises $19 Million to Scale Construction Industry Financial Platform
Adaptive Raises $19 Million to Scale Construction Industry Financial Platform
July 15, 2024  |  Investments

Adaptive raised $19 million in a Series A funding round to scale its artificial intelligence-powered financial platform for businesses in the construction industry. The platform...

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How Value-Added Services Are Transforming B2B Payments
How Value-Added Services Are Transforming B2B Payments
July 12, 2024  |  B2B Payments

B2B payments are famously never just payments, but a sophisticated combination of workflows and data. With the news Thursday (July 11) that Bank of America...

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Zone & Co Adds OCR Capabilities With Staria Flow Acquisition
Zone & Co Adds OCR Capabilities With Staria Flow Acquisition
July 11, 2024  |  Partnerships

Zone & Co has acquired Staria’s accounts payable (AP) automation solution, Staria Flow. This acquisition will add enterprise optical character recognition (OCR) capabilities to Zone’s procure-to-pay...

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Billtrust and Visa to Continue Collaboration on Business Payments Network
Billtrust and Visa to Continue Collaboration on Business Payments Network
July 11, 2024  |  Partnerships

Billtrust extended its collaboration with Visa, meaning Visa will continue to offer its financial institution clients access to Billtrust’s Business Payments Network (BPN). The two...

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Amazon Business App Center Adds Symbeo AP Automation Solution
Amazon Business App Center Adds Symbeo AP Automation Solution
July 09, 2024  |  B2B Payments

Symbeo’s accounts payable (AP) automation and artificial intelligence (AI)-enabled optical character recognition (OCR) solution, RapidInvoice, is now available on the Amazon Business App Center. This...

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