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

Procurement Partners, Priority Launch New AP Tool
Procurement Partners, Priority Launch New AP Tool
January 13, 2022  |  Accounts Payable

The payments technology firm Priority Technology Holdings has launched a partnership with Procurement Partners, which provides procure-to-pay (P2P) solutions for post-acute care and senior living...

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61% of CFOs Say the Pandemic Helped Their Firms Digitize Internal Processes
61% of CFOs Say the Pandemic Helped Their Firms Digitize Internal Processes
January 12, 2022  |  B2B Payments

Most companies are digitizing their accounts receivable (AR) and accounts payable (AP) systems if they have not already done so, PYMNTS research finds. Get the...

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Deep Dive: How AP Automation Can Lower Businesses’ Fraud, Processing and Labor Costs
Deep Dive: How AP Automation Can Lower Businesses’ Fraud, Processing and Labor Costs
January 12, 2022  |  Accounts Payable

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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Automated AP’s Future: Sustainability Screens and ‘Know Your Vendor’ Checks
Automated AP’s Future: Sustainability Screens and ‘Know Your Vendor’ Checks
January 11, 2022  |  B2B Payments

Accounts payable (AP) automation, the consumerization of B2B payments and other trends that were big in 2021 are going to continue well into the future....

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60% of Travel & Tourism Businesses Find Vendor Payouts to Be A Hassle
60% of Travel & Tourism Businesses Find Vendor Payouts to Be A Hassle
January 11, 2022  |  B2B Payments

B2B payments between merchants and the end-providers of services are a fundamental part of the travel and tourism sectors. Get the Full Story Complete the...

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Boost Payment Solutions: 2021 Was the Year of Intention
Boost Payment Solutions: 2021 Was the Year of Intention
January 11, 2022  |  Opinion

Last year gave the payments world a bit of time to step back and regroup from the chaos of 2020 — and start to rebound....

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Xero on Why AP Automation Is Small Businesses’ Key to Success
Xero on Why AP Automation Is Small Businesses’ Key to Success
January 11, 2022  |  Accounts Payable

Small businesses can capitalize on eCommerce opportunities — but only if outdated accounting processes don’t hold them back. In the inaugural AP Automation Tracker, Ben...

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Corporate Accountants Tap Tech To Reduce Financial Statement Risk
Corporate Accountants Tap Tech To Reduce Financial Statement Risk
January 10, 2022  |  B2B Payments

While there’s a need for automation of manual tasks typically performed by junior accountants, there’s also demand for solutions for the sort of processes performed...

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Billtrust: 2021 Was the Year of Realization
Billtrust: 2021 Was the Year of Realization
January 10, 2022  |  Opinion

COVID-19 doesn’t seem to be going anywhere, says Steve Pinado, president of Billtrust. Given that reality, it’s time for finance teams to stop being reactive...

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