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

Japan Ditched Floppy Disks, but Can Businesses Ditch Paper Checks?

Japan Ditched Floppy Disks, but Can Businesses Ditch Paper Checks?
Japan Ditched Floppy Disks, but Can Businesses Ditch Paper Checks?
July 08, 2024  |  B2B Payments

Technological innovation moves fast, but sometimes businesses can move slowly. Or even not at all. Take for example the news from Reuters that the Japanese...

READ MORE >
How Banks and Big Tech Use AI to Modernize Workflows
How Banks and Big Tech Use AI to Modernize Workflows
July 02, 2024  |  Artificial Intelligence

Unlocking operational leverage is the name of the game for today’s businesses. In the face of ongoing macroeconomic uncertainty, controlling for what is controllable while...

READ MORE >
How to Ride the B2B Payments Innovation Wave
How to Ride the B2B Payments Innovation Wave
July 02, 2024  |  B2B Payments

B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled...

READ MORE >
How Supplier-Friendly Card Solutions Improve Business Cash Flow
How Supplier-Friendly Card Solutions Improve Business Cash Flow
July 02, 2024  |  B2B Payments

Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive...

READ MORE >
Basware Integrates With Amazon Business to Streamline Purchasing
Basware Integrates With Amazon Business to Streamline Purchasing
July 01, 2024  |  B2B Payments

Accounts payable automation and procurement solutions provider Basware announced an integration with Amazon Business. The collaboration is designed to streamline purchasing and procurement for customers,...

READ MORE >
FlexPoint Launches Automated Billing Partnership With Pax8
FlexPoint Launches Automated Billing Partnership With Pax8
June 27, 2024  |  Partnerships

Automated billing and payment solution provider FlexPoint launched a collaboration with cloud commerce marketplace Pax8. The partnership brings FlexPoint’s financial platform to the Pax8 Marketplace,...

READ MORE >
Medius Debuts AI-Powered Accounts Payable Tools
Medius Debuts AI-Powered Accounts Payable Tools
June 27, 2024  |  B2B Payments

Accounts payable (AP) management firm Medius has introduced a pair of artificial intelligence (AI)-powered offerings. Medius Copilot is an AI assistant embedded within the company’s AP automation...

READ MORE >
Airwallex and QuickBooks to Improve Multicurrency Reporting
Airwallex and QuickBooks to Improve Multicurrency Reporting
June 26, 2024  |  B2B Payments

Payments platform Airwallex integrated with financial software provider QuickBooks. The QuickBooks Bank Feed integration lets Airwallex’s customers connect with Quickbooks’ accounting software and sync their...

READ MORE >