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)

Will 2024 Be the Year of Win-Win Buyer-Supplier Dynamics?
Will 2024 Be the Year of Win-Win Buyer-Supplier Dynamics?
December 06, 2023  |  B2B Payments

Another year has nearly passed, and with it, trillions of dollars of global B2B spend. And despite the fact that a chunk of those B2B...

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Paymerang Launches Receivables Automation Product
Paymerang Launches Receivables Automation Product
December 06, 2023  |  Accounts Receivable

Paymerang expanded its line of finance automation solutions by adding receivables automation. The new Receivables Automation product simplifies accounts receivable (AR) and provides businesses with...

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Adaptability, Alignment and AI Will Define CFO Role in Future
Adaptability, Alignment and AI Will Define CFO Role in Future
December 04, 2023  |  CFO

The macro landscape continues to undergo significant transformations. And these ebbs and flows and evolutions don’t happen in a vacuum — they increasingly impact the...

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Over One-Third of Mid-Sized US Firms Miss out on AP and AR Automation Benefits
Over One-Third of Mid-Sized US Firms Miss out on AP and AR Automation Benefits
November 30, 2023  |  B2B Payments

The number of payments and invoices that businesses must process can increase, especially for growing businesses. Firms are recognizing the need to automate accounts payable...

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AP Automation Lets Businesses Trade Paper Envelopes for Digital Efficiencies
AP Automation Lets Businesses Trade Paper Envelopes for Digital Efficiencies
November 29, 2023  |  Accounts Payable

How do you turn payments pain points into payments possibilities? It’s a simple formula: Add automation. “More and more organizations are recognizing the need to...

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Big Firms Automate Regular Payments, Small Firms Large Payments
Big Firms Automate Regular Payments, Small Firms Large Payments
November 28, 2023  |  Accounts Payable

The digitalization trend that followed the pandemic has accelerated the automation journey for nearly one-third of mid-sized firms. In the last two years, remote work...

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Cost Concerns Keep More Than One-Third of Firms From Automating AR Processes 
Cost Concerns Keep More Than One-Third of Firms From Automating AR Processes 
November 22, 2023  |  B2B Payments

Businesses expect that handling payments — both sending and receiving them — will become even more crucial in the future. On average, companies anticipate a...

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55% of Trucking Companies Emphasize AP Innovation as a Crucial Goal
55% of Trucking Companies Emphasize AP Innovation as a Crucial Goal
November 22, 2023  |  Money Mobility

The trucking industry represents a vital component of the national economy, transporting more than 72% of the nation’s freight by weight. Sustaining this extensive transportation...

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Payhawk Adds Procure-to-Pay Solution to Global Spend Management Platform
Payhawk Adds Procure-to-Pay Solution to Global Spend Management Platform
November 21, 2023  |  B2B Payments

Payhawk, a global spend management platform, launched a solution that enables businesses to automate their procure-to-pay process. The company’s new Purchase Orders system aims to...

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