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

AP Automation Transforming Gig Work Payments
AP Automation Transforming Gig Work Payments
June 16, 2020  |  Gig Economy

The gig work revolution was well underway when the pandemic struck. And like so many things, developments that were moving at a leisurely pace, it...

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Overcoming The Sunk Cost Bias Against AP Modernization
Overcoming The Sunk Cost Bias Against AP Modernization
June 12, 2020  |  B2B Payments

Remote working requirements have forced corporates to have serious conversations about whether the way their back offices operate is conducive to the realities of a...

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Deep Dive: Why Costly, Slow Invoice Reconciliation Is Hurting Firms’ And Freelancers’ Finances
Deep Dive: Why Costly, Slow Invoice Reconciliation Is Hurting Firms’ And Freelancers’ Finances
June 12, 2020  |  Gig Economy

Freelancers have seen particularly harsh economic effects from the ongoing pandemic. Forty percent of those in the U.S. have lost at least $10,000 in income...

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How AR-AP Connectivity Drives B2B Collaboration
How AR-AP Connectivity Drives B2B Collaboration
June 11, 2020  |  B2B Payments

Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle...

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Why Cash Management Is Driving Corporate’s Digital Payments Transformation
Why Cash Management Is Driving Corporate’s Digital Payments Transformation
June 11, 2020  |  B2B Payments

Corporates are diving into an unprecedented opportunity to digitize and modernize. Whether it’s the result of necessity in a remote working environment or of a...

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Corporates Explore The Path Of Least Resistance To AP Automation
Corporates Explore The Path Of Least Resistance To AP Automation
June 09, 2020  |  B2B Payments

With a newfound sense of urgency, corporates jump-started their digitization efforts almost immediately after stay-at-home mandates began. With accounts payable (AP) departments no longer able...

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AP Automation’s Uncertain Impact On Late Payments
AP Automation’s Uncertain Impact On Late Payments
June 08, 2020  |  B2B Payments

While the global pandemic has pushed organizations into the digitization fast lane, the need to move accounts payable (AP) to the cloud did not suddenly...

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Deep Dive: How FIs Can Upgrade Authentication Measures To Foil Fraudsters’ Open Banking Attacks
Deep Dive: How FIs Can Upgrade Authentication Measures To Foil Fraudsters’ Open Banking Attacks
June 08, 2020  |  AML

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or...

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SoftCo Rolls Out ExpressAP Tech For Invoice Processing
SoftCo Rolls Out ExpressAP Tech For Invoice Processing
June 02, 2020  |  B2B Payments

To provide non-touch invoice processing and support remote work, SoftCo rolled out its SoftCo ExpressAP accounts payable (AP) automation technology. The solution automates manual processes, assists organizations in...

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