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

The Consumer Experience Meets Business Payments Requirements
The Consumer Experience Meets Business Payments Requirements
February 12, 2024  |  B2B Payments

The tug-of-war between institutional inertia and innovation is coming to a head in business-to-business (B2B) payments.  That’s because, as generational and behavioral tides turn, expectations...

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BILL Sees Tailwinds From Growing Convergence of Payments and Software 
BILL Sees Tailwinds From Growing Convergence of Payments and Software 
February 08, 2024  |  Earnings

Small businesses are having big problems in today’s economy. Business bankruptcy rates jumped 30% between September 2022 and September 2023, as macro factors like record high interest rates and...

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How AI’s Language-Based Capabilities Will Transform B2B Payment Processes
How AI’s Language-Based Capabilities Will Transform B2B Payment Processes
February 08, 2024  |  B2B Payments

Over a long enough time, change stands alone as the only constant. After all, it was over a century and a half ago that Charles...

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Unimarket Adds Invoice Automation and Processing Capabilities
Unimarket Adds Invoice Automation and Processing Capabilities
February 07, 2024  |  B2B Payments

Unimarket has launched the “Virtual Mailroom,” a product that automates and simplifies the processing of invoices, whether they are electronic, PDF or paper. The Virtual Mailroom...

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Genpact and ServiceNow Expand Partnership on AI-Powered Source-to-Pay Applications
Genpact and ServiceNow Expand Partnership on AI-Powered Source-to-Pay Applications
February 06, 2024  |  Partnerships

Genpact and ServiceNow have expanded their partnership to deliver Source-to-Pay applications across finance and supply chain operations. This collaboration combines the capabilities of professional services firm Genpact and digital workflow...

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73% of Firms Say AP Automation Improves Cash Flow
73% of Firms Say AP Automation Improves Cash Flow
February 06, 2024  |  Commercial Payments

Businesses are expecting a significant increase in both payments made and invoices delivered over the next three years. In fact, on average, firms — regardless...

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BILL Taps Adyen for Acquiring and Card Issuing Services
BILL Taps Adyen for Acquiring and Card Issuing Services
February 01, 2024  |  Partnerships

FinTech platform Adyen has launched a partnership with small business-focused financial operations platform BILL. The collaboration, announced Thursday (Feb. 1), will see Adyen deliver “acquiring and issuing experiences” for...

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Mid-Sized Firms Are Lagging in AP and AR Automation
Mid-Sized Firms Are Lagging in AP and AR Automation
January 29, 2024  |  B2B Payments

Automation of business processes among small and medium-sized businesses (SMBs) is traditionally behind the level of adoption shown by larger companies that have more economic...

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Toward 2030: How Data-Rich Environments Can Benefit B2B Payments
Toward 2030: How Data-Rich Environments Can Benefit B2B Payments
January 26, 2024  |  B2B Payments

How a business is paid has an upstream impact on the overall B2B relationship.  That’s why firms can gain a competitive edge by offering cutting-edge...

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