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

AI-Based Invoice Platform Xelix Raises $5M in Series A for AP Innovation

AI-Based Invoice Platform Xelix Raises $5M in Series A for AP Innovation
AI-Based Invoice Platform Xelix Raises $5M in Series A for AP Innovation
July 04, 2022  |  Investments

London-based invoice intelligence platform Xelix has raised $5 million in a Series A round, according to a Thursday (June 30) company press release. Get the...

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CFOs Put Cyber Risks High on 2022 Agenda
CFOs Put Cyber Risks High on 2022 Agenda
July 04, 2022  |  B2B Payments

At rapidly expanding companies, chief financial officers (CFOs) need to stay laser-focused on managing growth on both sides of the ledger. Get the Full Story...

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40% of Companies Cite Late Payments as Primary Invoicing Headaches
40% of Companies Cite Late Payments as Primary Invoicing Headaches
June 30, 2022  |  B2B Payments

Automating accounts receivable (AR) and accounts payable (AP) processes through enterprise resource planning (ERP) solutions has become the gold standard for companies seeking to streamline...

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5 Best Practices for Payables, Receivables Digitization
5 Best Practices for Payables, Receivables Digitization
June 24, 2022  |  B2B Payments

Most chief financial officers (CFOs) in three key vertical markets — real estate, wholesale trade and industrial/ manufacturing — are digitizing their accounts receivable (AR)...

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Buyers, Suppliers Find Common Ground With Digital Lockboxes
Buyers, Suppliers Find Common Ground With Digital Lockboxes
June 23, 2022  |  B2B Payments

Goodwill and collaboration go a long way in maintaining long-lasting business relationships in today’s connected eCommerce environment. Get the Full Story Complete the form to...

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PYMNTS Intelligence: How Deployment of ERP Systems Can Help Streamline AR and AP Processes
PYMNTS Intelligence: How Deployment of ERP Systems Can Help Streamline AR and AP Processes
June 22, 2022  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Voice of the CFO: Niche Banking Solutions Needed for Small Businesses that Face Same Old Problems
Voice of the CFO: Niche Banking Solutions Needed for Small Businesses that Face Same Old...
June 22, 2022  |  B2B Payments

When the oven in a pizza shop goes out, the owner must replace it immediately. They can’t wait until their revenues add up to where...

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Bank of America on How ERPs Can Help Organizations Optimize AR and AP Processes
Bank of America on How ERPs Can Help Organizations Optimize AR and AP Processes
June 21, 2022  |  Banking

Integrating AP and AR into corporate ERPs saves them time, money and manual effort, but Bank of America’s Michael Bosacco says banks lag in providing...

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AP Automation Reduces Workload, Errors, Fraud
AP Automation Reduces Workload, Errors, Fraud
June 20, 2022  |  Accounts Payable

Invoice processing automation streamlines workflow beyond the obvious benefit of reducing workloads by replacing a paper-laden process that requires hours of manual labor with one...

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