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

TranscendAP Launches as New AP Automation Company

TranscendAP Launches as New AP Automation Company
TranscendAP Launches as New AP Automation Company
May 08, 2024  |  Accounts Payable

TranscendAP, which has been a business unit of Optima Global Solutions since 2018, is now operating as a newly formed company. The firm was launched by Optima...

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Basware Acquires AP Matching to Enhance Automation Offering
Basware Acquires AP Matching to Enhance Automation Offering
May 08, 2024  |  Accounts Payable

Basware expanded its market offering by acquiring AP Matching. The acquisition will add AP Matching’s cloud-based solutions for managing invoices and reconciling statements to Basware’s accounts payable (AP) automation...

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Paymerang and Harris ERP Deliver AP Automation for Local Governments
Paymerang and Harris ERP Deliver AP Automation for Local Governments
May 07, 2024  |  Accounts Payable

Paymerang and Harris ERP have partnered to provide advanced invoice and payment automation solutions to local governments.  With this collaboration, Paymerang’s accounts payable (AP) automation tools will be delivered...

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Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
May 07, 2024  |  B2B Payments

Virtual cards are at a tipping point. That’s the sentiment expressed by several finance leaders in the B2B space, as the current environment of stubborn...

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Paymentus: Surge in Transactions Signals Bill Pay’s Digital Shift
Paymentus: Surge in Transactions Signals Bill Pay’s Digital Shift
May 06, 2024  |  Earnings

Paying bills is rarely fun. And it’s not just that — paying bills is also rarely easy, especially as a business.  That’s why, across today’s...

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Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
May 02, 2024  |  Real-Time Payments

In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of...

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Unimarket Introduces ‘AP Payments as a Service’ for US Customers
Unimarket Introduces ‘AP Payments as a Service’ for US Customers
May 01, 2024  |  Accounts Payable

Unimarket has introduced its fully managed accounts payable (AP) payments service, Unimarket Payments, to the United States. This service, which optimizes, monetizes and secures the entire payment life...

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B2B Virtual Cards Move Buyer-Supplier Relationships From Manual to Meaningful
B2B Virtual Cards Move Buyer-Supplier Relationships From Manual to Meaningful
May 01, 2024  |  B2B Payments

Building a successful business rarely happens on an island or in a vacuum. Typically, success comes from successful business relationships — and when one thinks about B2B relationships, at...

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