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

Fintainium, CIT Group Pair Up To Optimize B2B Payments Workflows
Fintainium, CIT Group Pair Up To Optimize B2B Payments Workflows
April 28, 2020  |  B2B Payments

CIT Group will add a new level of B2B payment functionality to the software from workflow solutions provider Fintainium, aiming to make accounts payable (AP)...

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Why It’s So Hard To Kill The Check In The Booze Business
Why It’s So Hard To Kill The Check In The Booze Business
April 28, 2020  |  B2B Payments

 The new coronavirus swiftly impacted small- and mid-sized businesses (SMBs) rather harshly, with these entities now struggling to manage remote workers who need to send...

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New Shine Feature Lets Users Insure Invoices
New Shine Feature Lets Users Insure Invoices
April 27, 2020  |  B2B Payments

Challenger bank Shine, a French startup, has introduced a new program to insure invoices to help make sure they are paid, according to a TechCrunch...

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Finding The B2B Connection In Accounts Payable Automation
Finding The B2B Connection In Accounts Payable Automation
April 27, 2020  |  B2B Payments

While the B2B procure-to-pay arena has continued its pursuit of a consumer-like experience in product sourcing, online purchasing and payments, B2B payments have a long...

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Southeast Asia B2B FinTech Keeps VC Wheels Turning
Southeast Asia B2B FinTech Keeps VC Wheels Turning
April 24, 2020  |  B2B Payments

With social distancing and an economic downturn the new reality for many markets around the world, venture capital is expected to slow significantly. Yet demand...

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How AP Automation Supports Business Continuity Plans
How AP Automation Supports Business Continuity Plans
April 23, 2020  |  Payments Innovation

With his experience working with companies located in hurricane zones, Joel Wilhite, CFO of AvidXchange, knows how to properly execute business continuity planning, a necessity...

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Cutting Through The Accounting Jargon For Independent Contractors
Cutting Through The Accounting Jargon For Independent Contractors
April 23, 2020  |  B2B Payments

Independent contractors sit somewhere along the spectrum between consumer and small business owner. As one-person operations, they often lack the resources and know-how to manage...

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The eInvoice Emerges As The Keystone Of AR-AP Connectivity
The eInvoice Emerges As The Keystone Of AR-AP Connectivity
April 22, 2020  |  B2B Payments

With more B2B payment technology providers turning their attention to the electronic invoice, the document has become a keystone that connects accounts payable (AP) and...

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AvidXchange Closes Funding Round With $127M
AvidXchange Closes Funding Round With $127M
April 21, 2020  |  B2B Payments

North Carolina-based AvidXchange has raised $127 million after a funding round, according to a U.S. Security and Exchange Commission filing. The accounts payable (AP) FinTech pulled the...

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