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 Role of Banks in Scaling B2B Payments Innovation
The Role of Banks in Scaling B2B Payments Innovation
March 06, 2024  |  B2B Payments

Banks provide the foundational infrastructure for financial transactions, offering a network that connects various businesses. And, as expectations from their daily lives bleed over into...

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1042-S Adds Complexity to Tax Season for Banks and Corporates
1042-S Adds Complexity to Tax Season for Banks and Corporates
March 06, 2024  |  Taxes

It’s March — and for many corporations and government agencies, the race is on to file a complete accounting, particularly with Form 1042-S, with the...

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Itemize Adds AI Copilots to Streamline Financial Processes
Itemize Adds AI Copilots to Streamline Financial Processes
March 05, 2024  |  artificial intelligence

Itemize has introduced AI Copilots for Financial Transaction Processing, a feature that integrates with the company’s existing capabilities. The company offers AI Copilots for accounts...

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Corcentric Unveils GenAI Enhancements to Streamline Invoice Processing
Corcentric Unveils GenAI Enhancements to Streamline Invoice Processing
March 05, 2024  |  Artificial Intelligence

Corcentric, a provider of procurement and finance solutions, integrated generative artificial intelligence technology into its services. The enhancement, centered around using supervised machine learning and OpenAI’s...

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Coupa Adds GenAI and Innovation Features to Supply Chain Platform
Coupa Adds GenAI and Innovation Features to Supply Chain Platform
March 04, 2024  |  B2B Payments

Coupa has announced its latest launches around generative artificial intelligence (AI) and innovation. These new innovations join the company’s existing artificial intelligence (AI)-driven platform designed...

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Frontsteps Adds Edenred Pay Invoice Processing to Community Management Platform
Frontsteps Adds Edenred Pay Invoice Processing to Community Management Platform
February 29, 2024  |  Partnerships

Edenred Pay and Frontsteps teamed to enhance the invoice approval experience and streamline the processing and payment of vendor invoices for community management companies. The partnership was announced by Edenred...

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Microsoft Updates Copilot to Bring AI to Finance Teams
Microsoft Updates Copilot to Bring AI to Finance Teams
February 29, 2024  |  artificial intelligence

Microsoft has debuted a new offering for finance teams via its Copilot AI assistant. Copilot for Finance, announced Thursday (Feb. 29), joins the company’s Copilot for Sales and...

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PayCargo and Rippey AI Partner to Automate Payments in Logistics Industry
PayCargo and Rippey AI Partner to Automate Payments in Logistics Industry
February 29, 2024  |  Partnerships

PayCargo and Rippey AI have partnered to connect artificial intelligence (AI) with both payable and receivable invoices in the logistics industry. By doing so, they aim to connect...

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Xero to Add BILL’s AP Capabilities to Small Business Platform
Xero to Add BILL’s AP Capabilities to Small Business Platform
February 29, 2024  |  B2B Payments

Xero, a global small business platform, will enhance its accounts payable (AP) capabilities for its U.S. customers through a new partnership with BILL, a financial...

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