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

Synovus Launches ‘Future-Proof’ B2B Payments Solution

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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Human Touch Is Secret Weapon Behind B2B Payments Automation
Human Touch Is Secret Weapon Behind B2B Payments Automation
March 26, 2024  |  B2B Payments

The B2B market is made up of countless mini-markets full of disparate buyer-supplier networks and fragmented industry verticals, each with its own preferences for how...

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How B2B Players Can Account for Gen Z Decision Makers
How B2B Players Can Account for Gen Z Decision Makers
March 26, 2024  |  B2B Payments

Driven by digitalized operating models, today’s B2B procurement processes are hardly recognizable to those just five years ago. While that’s good news for younger B2B...

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Shared Payments Models Rewrite Economics of Commercial Cards
Shared Payments Models Rewrite Economics of Commercial Cards
March 26, 2024  |  B2B Payments

When it comes to business-to-business (B2B) payments, it’s easy to get blindsided by the staggering $100 trillion-plus annual transaction volume and miss the real action....

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Excel’s Long Reach Sheds Light on Enterprises’ Back Office Pain Points
Excel’s Long Reach Sheds Light on Enterprises’ Back Office Pain Points
March 22, 2024  |  B2B Payments

Back in 1987, Microsoft released Excel, its spreadsheet program designed to handle all manner of calculations and computations, from simple mathematics to complex probabilistic statements....

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JustPaid Adds Reporting Features to SMB Financial Management Platform
JustPaid Adds Reporting Features to SMB Financial Management Platform
March 19, 2024  |  SMBs

JustPaid has added several accounts receivable (AR) and accounts payable (AP) reporting features to its platform that helps small- to medium-sized businesses (SMBs) manage their...

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Tax Compliance Process Changes With Electronic Invoicing
Tax Compliance Process Changes With Electronic Invoicing
March 19, 2024  |  Taxes

Steve Sprague, chief strategy and product officer at Sovos, told PYMNTS in a recent interview that tax compliance is changing — from an intermittent activity...

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