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

Electronic Invoicing Turns Digital Doubters Into Informed Believers
Electronic Invoicing Turns Digital Doubters Into Informed Believers
October 13, 2021  |  B2B Payments

When busy business owners think about invoice processing, they often take a super-simplified utopian view: they issue a purchase order, get invoiced and make a payment....

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Plate IQ Launches B2B Payments Platform For Hospitality Industry 
Plate IQ Launches B2B Payments Platform For Hospitality Industry 
October 07, 2021  |  B2B Payments

Hospitality-focused accounts payable (AP) automation platform Plate IQ debuted The VendorPay Network, a full-service payments platform aimed at connecting businesses and vendors, according to a...

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Basware, Comdata Team to Advance Automated B2B Payments
Basware, Comdata Team to Advance Automated B2B Payments
October 06, 2021  |  B2B Payments

The Finnish eInvoicing solutions provider Basware is expanding its partnership with the payments firm Comdata to create what they call “a powerful procure-to-pay ecosystem.”  Get...

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70% Of CFOs Believe Customer Relationships Rests On AR/AP Digitization
70% Of CFOs Believe Customer Relationships Rests On AR/AP Digitization
October 06, 2021  |  CFO

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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As Digital Business Payments Become the Norm, New Use Cases Emerge
As Digital Business Payments Become the Norm, New Use Cases Emerge
October 06, 2021  |  Payment Methods

Whether it’s a finance team separated from the physical office mail and corporate checkbook, or legions of remote workers seeking purchase authorizations or expense reimbursements,...

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Touchless AP, Sales Order Firm Conexiom Nets $130M
Touchless AP, Sales Order Firm Conexiom Nets $130M
October 05, 2021  |  B2B Payments

Software-as-a-service (SaaS) provider Conexiom, which works in sales order and invoice automation, has received a $130 million growth investment from Warburg Pincus, according to a...

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Biz Management Platform Sage Acquires Accounting Firm GoProposal 
Biz Management Platform Sage Acquires Accounting Firm GoProposal 
October 05, 2021  |  Partnerships / Acquisitions

Cloud-based business management platform Sage announced Tuesday (Oct. 5) it acquired U.K.-based SMB accounting proposal management software company GoProposal, the fourth addition Sage has made...

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Comprehensive Spend Management Eliminates Chaos, Improves Performance
Comprehensive Spend Management Eliminates Chaos, Improves Performance
October 05, 2021  |  Spend Management

Over the past 10 to 15 years, there’s been a shift in spend management — the administration of approvals, payments and all the accounting and...

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Mexico’s B2B Cash-Flow Manager Higo Nets $23M
Mexico’s B2B Cash-Flow Manager Higo Nets $23M
October 04, 2021  |  B2B Payments

Higo, a Mexican B2B company, has raised $23 million in a Series A round, CB Insights reported. The company plans to use the capital to...

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