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

HSBC Launches Document-Free Trade Finance Tool TradePay
HSBC Launches Document-Free Trade Finance Tool TradePay
September 19, 2023  |  Accounts Receivable

Banking giant HSBC debuted a trade finance offer to help clients pay suppliers. The tool, dubbed TradePay, is an industry-first, document-free trade finance solution that...

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Mastercard and Oracle Partner to Automate B2B Payments
Mastercard and Oracle Partner to Automate B2B Payments
September 19, 2023  |  B2B Payments

Mastercard and Oracle have announced a partnership to automate B2B payments for enterprise customers. The collaboration will integrate Mastercard’s virtual card platform into the Oracle Fusion Cloud Enterprise...

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Bank of America Debuts Tool to Digitize Trade Finance
Bank of America Debuts Tool to Digitize Trade Finance
September 18, 2023  |  Accounts Receivable

Bank of America has unveiled a platform to help business clients digitize trade finance. The company’s CashPro Supply Chain Solutions tool is designed to offer supply chain...

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Visa: Speedier Cash Conversion Cycles Make Dollars and Sense for Growth Corporates
Visa: Speedier Cash Conversion Cycles Make Dollars and Sense for Growth Corporates
September 14, 2023  |  Payment Methods

 The companies with top lines of $50 million to as much as $1 billion populate all manner of industries all across the globe. But as...

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BlackLine Launches AI-Enabled Intercompany Accounting Tool
BlackLine Launches AI-Enabled Intercompany Accounting Tool
September 13, 2023  |  B2B Payments

BlackLine, a cloud finance software company, has begun the rollout of its artificial intelligence (AI)-enabled intercompany accounting capabilities.  This new solution, known as Intercompany Predictive Guidance,...

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Corcentric Unveils AR Management Tool in France
Corcentric Unveils AR Management Tool in France
September 07, 2023  |  Accounts Receivable

Procurement and billing solutions firm Corentric has launched its Managed Accounts Receivable (AR) solution in France to help eliminate issues that challenge AR departments. According to Xavier Pierre-Bez,...

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BILL Introduces Integrated Financial Operations Platform for Small Businesses
BILL Introduces Integrated Financial Operations Platform for Small Businesses
September 07, 2023  |  SMBs

BILL has integrated its accounts payable (AP), accounts receivable (AR), and spend and expense management solutions into a single platform. The new BILL Financial Operations Platform allows...

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Emagia Launches Generative AI-Powered ‘Copilot for Finance Executives’
Emagia Launches Generative AI-Powered ‘Copilot for Finance Executives’
September 06, 2023  |  Artificial Intelligence

Emagia has launched a generative artificial intelligence (AI) solution designed specifically for finance operations executives. The new GiaGPT aims to transform the way finance professionals interact with their...

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IRIS Expands Outsourcing Service to Accounting Firms in Americas
IRIS Expands Outsourcing Service to Accounting Firms in Americas
September 05, 2023  |  B2B Payments

Global software provider IRIS Software Group has introduced its IRIS Outsourcing service for accounting firms in the Americas market. This service aims to tackle the talent gap in the...

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