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

Paya to Expand B2B Offering With Transcard Partnership

Paya to Expand B2B Offering With Transcard Partnership
Paya to Expand B2B Offering With Transcard Partnership
January 24, 2022  |  B2B Payments

Payments processor Paya has launched a partnership with Transcard, a company offering payment technology for financial institutions (FIs), according to a Monday (Jan. 24) press...

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Lockstep on Harnessing the Power of Virtual Cards to Improve AP Efficiency
Lockstep on Harnessing the Power of Virtual Cards to Improve AP Efficiency
January 24, 2022  |  B2B Payments

More than 60% of finance professionals say their businesses have suffered vendor payment and invoice processing delays after going remote. In the B2B Digital Payments...

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59% of CFOs are Focused on Payments Digitization
59% of CFOs are Focused on Payments Digitization
January 21, 2022  |  CFO

Chief financial officers perceive accounts receivable (AR) and accounts payable (AP) as the factor most important to creating a healthy balance sheet, according to Business...

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45% of Businesses View Slow Payments as a Primary Pain Point
45% of Businesses View Slow Payments as a Primary Pain Point
January 21, 2022  |  B2B Payments

Frustrations over delayed payments are on the rise, prompting businesses to upgrade their B2B transactions and other processes. Today, 45% of businesses view slow payment...

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How AP Automation Helps Fight Fraud
How AP Automation Helps Fight Fraud
January 21, 2022  |  Accounts Payable

When the pandemic struck, companies around the world began automating their accounting systems to be able to make and receive payments without having to go...

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Virtual Cards Help Improve Remote Accounts Payables Efficiencies
Virtual Cards Help Improve Remote Accounts Payables Efficiencies
January 21, 2022  |  B2B Payments

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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B2B Payments Company Billtrust Tops $1B in Invoices
B2B Payments Company Billtrust Tops $1B in Invoices
January 20, 2022  |  B2B Payments

The B2B accounts receivable automation and integrated-payments company Billtrust says it surpassed $1 billion in supplier invoices delivered to accounts payable (AP) portals in 2021....

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Want to Keep Customers? Digitize Your AR/AP Functions
Want to Keep Customers? Digitize Your AR/AP Functions
January 19, 2022  |  CFO

While the movement to digitize payments was underway long before anyone hear the term “COVID-19,” the pandemic gave digitization a new urgency as companies looked...

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