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

Buyers, Suppliers Lean Into Automation to Reduce Payments Frictions

Buyers, Suppliers Lean Into Automation to Reduce Payments Frictions
Buyers, Suppliers Lean Into Automation to Reduce Payments Frictions
March 15, 2022  |  B2B Payments

Not everybody enjoys negotiation. In the business-to-business (B2B) space, buyers and suppliers often experience friction when negotiating which forms of payment the supplier will accept. Get...

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Bridging the Spend Management Visibility/Data Gap
Bridging the Spend Management Visibility/Data Gap
March 11, 2022  |  Spend Management

It’s hard for businesses to hold teams accountable for their spend if they don’t have the data. Without knowing the numbers, they can’t ask the...

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Today in B2B: Stilt and notch Debut New Products; Big Companies Are Best at Digitizing Business Payments
Today in B2B: Stilt and notch Debut New Products; Big Companies Are Best at Digitizing...
March 10, 2022  |  B2B Payments

Today in B2B payments, restaurant supply chain marketplace notch introduces a B2B payment platform, and Stilt launches a credit platform after a $14 million fundraising...

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Large Companies Lead the Way in Making Business Payments Digital
Large Companies Lead the Way in Making Business Payments Digital
March 10, 2022  |  B2B Payments

Chief financial officers (CFOs) say digitizing their accounts receivable (AR) and accounts payable (AP) functions is integral to modernizing their payments operations and improving balance...

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AP Automation Frees Teams to Think Strategically When Fighting Payments Fraud
AP Automation Frees Teams to Think Strategically When Fighting Payments Fraud
March 08, 2022  |  Security & Fraud

While many businesses made the shift to digital during the pandemic, some — too many, in fact — are still relying on paper-based accounts payable...

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‘The Great Resignation’ Roils Healthcare Payments
‘The Great Resignation’ Roils Healthcare Payments
March 04, 2022  |  Healthcare

Automation handles large tasks quickly and accurately. It’s especially effective when there’s not enough humans to tackle big challenges like accounts payable (AP) in the...

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Peeling Back the Digital Payments ‘Onion’ is Critical to Maximizing Cash Flow
Peeling Back the Digital Payments ‘Onion’ is Critical to Maximizing Cash Flow
March 04, 2022  |  B2B Payments

“At a certain point in the evolution of any business,” Corcentric President and Chief Operating Officer Matt Clark mused, “digitization becomes necessary.” Get the Full...

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Payoneer Sees 50% YoY Growth in Q4 in LatAm, Asia, Middle East and North Africa
Payoneer Sees 50% YoY Growth in Q4 in LatAm, Asia, Middle East and North Africa
March 03, 2022  |  Earnings

In its fourth-quarter results, commerce tech company Payoneer said it wants to keep growing, according to a Thursday (March 3) company press release. Get the...

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61% of CFOs Cite Transparency Gains as Perk of AP/AR Digitization
61% of CFOs Cite Transparency Gains as Perk of AP/AR Digitization
February 22, 2022  |  B2B Payments

Low visibility into payments journeys has left accounts payable (AP) departments vulnerable to cyberattacks. Throughout the pandemic, businesses’ remote workspaces have been plagued by fraud...

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