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

Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’
May 07, 2024  |  B2B Payments

Virtual cards are at a tipping point. That’s the sentiment expressed by several finance leaders in the B2B space, as the current environment of stubborn...

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Paymentus: Surge in Transactions Signals Bill Pay’s Digital Shift
Paymentus: Surge in Transactions Signals Bill Pay’s Digital Shift
May 06, 2024  |  Earnings

Paying bills is rarely fun. And it’s not just that — paying bills is also rarely easy, especially as a business.  That’s why, across today’s...

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Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
May 02, 2024  |  Real-Time Payments

In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of...

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Unimarket Introduces ‘AP Payments as a Service’ for US Customers
Unimarket Introduces ‘AP Payments as a Service’ for US Customers
May 01, 2024  |  Accounts Payable

Unimarket has introduced its fully managed accounts payable (AP) payments service, Unimarket Payments, to the United States. This service, which optimizes, monetizes and secures the entire payment life...

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B2B Virtual Cards Move Buyer-Supplier Relationships From Manual to Meaningful
B2B Virtual Cards Move Buyer-Supplier Relationships From Manual to Meaningful
May 01, 2024  |  B2B Payments

Building a successful business rarely happens on an island or in a vacuum. Typically, success comes from successful business relationships — and when one thinks about B2B relationships, at...

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Digits Launches AI Bill Pay for Small Businesses
Digits Launches AI Bill Pay for Small Businesses
April 30, 2024  |  B2B Payments

Accounting software firm Digits has launched AI Bill Pay, an artificial intelligence (AI) accounting platform.  Calling it the world’s first bill pay product to fully understand invoice document...

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SourceDay and Medius Team on Procure-to-Pay Enhancements
SourceDay and Medius Team on Procure-to-Pay Enhancements
April 30, 2024  |  Accounts Payable

Supply chain collaboration platform SourceDay and accounts payable platform Medius are collaborating to enhance procure-to-pay operations for businesses. Through the partnership, firms can get access to autonomous, touchless invoice...

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Sovos Adds Indirect Tax Solution for Global Enterprises
Sovos Adds Indirect Tax Solution for Global Enterprises
April 30, 2024  |  Taxes

Sovos has launched a solution designed to modernize how companies meet global indirect tax obligations. The new Indirect Tax Suite is part of the Sovos Compliance Cloud and...

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Boost CEO: Cleaning Up Manual Payments Drives Business Certainty
Boost CEO: Cleaning Up Manual Payments Drives Business Certainty
April 30, 2024  |  B2B Payments

In the midst of chaos, there is also opportunity. That quote, from Sun Tzu’s “The Art of War,” dates to the fifth century B.C. But it is just as...

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