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

Government Mandates Will Force Business Payments Modernization
Government Mandates Will Force Business Payments Modernization
May 20, 2024  |  B2B Payments

Change is inevitable, and businesses that initiate change have the best opportunity to manage it. That’s why embracing payments modernization is so important for organizations, particularly with...

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Fifth Third and Bottomline Debut Enhanced Payables Tool
Fifth Third and Bottomline Debut Enhanced Payables Tool
May 14, 2024  |  Partnerships

Fifth Third Bank is working with business payments provider Bottomline to offer new payment options. The companies debuted of Enhanced Payables — powered by Bottomline and its business payments network, Paymode-X — designed...

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Instant B2B Payments Reshape Buyer-Supplier Dynamics
Instant B2B Payments Reshape Buyer-Supplier Dynamics
May 10, 2024  |  B2B Payments

The B2B payments landscape is uniquely large, and largely unique. Responsible for around $125 trillion in annual volume, the B2B payments marketplace is defined by...

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AP Automation and Virtual Cards Shine This Week in B2B
AP Automation and Virtual Cards Shine This Week in B2B
May 09, 2024  |  B2B Payments

The B2B landscape is responsible for around $125 trillion of annual money movement. And those B2B payments are working overtime in the background to power much...

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Digital Payments Help Construction Firms Overcome Manual Misery
Digital Payments Help Construction Firms Overcome Manual Misery
May 09, 2024  |  Digital Payments

The construction industry is a critical one, but it has a giant problem: late payments. In a sector where cash flow couldn’t be more important to firms’ survival, slow and...

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Corpay Streamlined Its Name, Sets Eyes on Streamlining Corporate Payments 
Corpay Streamlined Its Name, Sets Eyes on Streamlining Corporate Payments 
May 08, 2024  |  Earnings

Keeping it simple can often pay off in spades down the line.  That’s the tack that the company formerly known as FLEETCOR Technologies hewed to this March...

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TranscendAP Launches as New AP Automation Company
TranscendAP Launches as New AP Automation Company
May 08, 2024  |  Accounts Payable

TranscendAP, which has been a business unit of Optima Global Solutions since 2018, is now operating as a newly formed company. The firm was launched by Optima...

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Basware Acquires AP Matching to Enhance Automation Offering
Basware Acquires AP Matching to Enhance Automation Offering
May 08, 2024  |  Accounts Payable

Basware expanded its market offering by acquiring AP Matching. The acquisition will add AP Matching’s cloud-based solutions for managing invoices and reconciling statements to Basware’s accounts payable (AP) automation...

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Paymerang and Harris ERP Deliver AP Automation for Local Governments
Paymerang and Harris ERP Deliver AP Automation for Local Governments
May 07, 2024  |  Accounts Payable

Paymerang and Harris ERP have partnered to provide advanced invoice and payment automation solutions to local governments.  With this collaboration, Paymerang’s accounts payable (AP) automation tools will be delivered...

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