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

Using Flexible Automation Technology To Accelerate Cash Flows
Using Flexible Automation Technology To Accelerate Cash Flows
May 11, 2020  |  B2B Payments

Corporates’ digital transformation journeys are a part of strategic initiatives to optimize workflows, cut expenses, expand revenues and pursue the status of industry leader. Today,...

READ MORE >
Process Mining Goes After The B2B Payments Bottlenecks
Process Mining Goes After The B2B Payments Bottlenecks
May 07, 2020  |  B2B Payments

Data analytics technologies like artificial intelligence and machine learning continue to move swiftly into accounts payable (AP) and accounts receivable (AR) departments. From businesses just...

READ MORE >
AR-AP Link To Ease Cash Flow, Strengthen Buyer-Supplier Relations
AR-AP Link To Ease Cash Flow, Strengthen Buyer-Supplier Relations
May 07, 2020  |  B2B Payments

As calls grow louder for corporate buyers to maintain responsible supplier payment habits, the opportunity for the buyer-supplier relationship to make or break the success...

READ MORE >
Preserving Check Workflows Can Ease B2B Payments Digitization
Preserving Check Workflows Can Ease B2B Payments Digitization
May 07, 2020  |  B2B Payments

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment...

READ MORE >
Buyers And Suppliers Tackle The Invoice-To-Pay Digitization Journey
Buyers And Suppliers Tackle The Invoice-To-Pay Digitization Journey
May 04, 2020  |  B2B Payments

Office closures and remote working mandates have created an uncomfortable wakeup call for accounts payable (AP) and accounts receivable (AR) departments that continue to rely...

READ MORE >
Digitizing B2B Payments The Hybrid Way
Digitizing B2B Payments The Hybrid Way
May 01, 2020  |  B2B Payments

For all of the happy life moments in which they appear, paper checks are unloved. So are paper invoices that precede them. The seeming incompatibility...

READ MORE >
Deep Dive: How Companies Are Balancing Paper-Based AR Payments In A Digital World
Deep Dive: How Companies Are Balancing Paper-Based AR Payments In A Digital World
April 30, 2020  |  B2B Payments

Executives are often hesitant to dismantle their firms’ established accounts receivable (AR) and accounts payable (AP) infrastructures to implement newer payment technologies. Such caution is...

READ MORE >
Celonis Optimizes AP With Process Mining Engine
Celonis Optimizes AP With Process Mining Engine
April 29, 2020  |  B2B Payments

Celonis, which works in artificial intelligence (AI)-powered process mining, has introduced its new process mining engine, which will help automate accounts payable (AP) functions, according...

READ MORE >
How B2B Trust Is Keeping Checks, Paper Invoices Humming Along
How B2B Trust Is Keeping Checks, Paper Invoices Humming Along
April 29, 2020  |  B2B Payments

Businesses shipping age-restricted goods like alcohol to other vendors often bump into quirky state regulations, like rules that make buyers pay immediately upon delivery –...

READ MORE >