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

Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News
Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News
October 11, 2019  |  News

It’s never quite a slow week in the world of payments and commerce, and the newest edition of the PYMNTS Weekender is proof of that....

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For Commercial Cards, Mixing Rails A Promising Path To Adoption
For Commercial Cards, Mixing Rails A Promising Path To Adoption
October 11, 2019  |  B2B Payments

Commercial card acceptance remains one of the largest barriers to the adoption of cards in accounts payable, largely thanks to suppliers’ reluctance to absorb interchange...

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Deep Dive: How Automation Can Disrupt Legacy AP Practices
Deep Dive: How Automation Can Disrupt Legacy AP Practices
October 10, 2019  |  Accounts Payable

Paper-based processes are widely used in AP departments, with recent PYMNTS data finding that 80.8 percent of firms use paper checks while 43.8 percent receive...

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Banks Keep Vendors In AP Automation Conversation
Banks Keep Vendors In AP Automation Conversation
October 09, 2019  |  B2B Payments

The convergence of accounts payable and accounts receivable has led many in the AP automation industry to begin turning their attention to the supplier. After...

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Mastercard Collab Enables WEX To Issue V-Cards In UAE
Mastercard Collab Enables WEX To Issue V-Cards In UAE
October 09, 2019  |  Partnerships / Acquisitions

Commercial payments company WEX has announced a collaboration with Mastercard that will allow the firm to issue virtual cards in the Middle East. In a...

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Hyland Targets AP Data With Enhanced SAP Integration
Hyland Targets AP Data With Enhanced SAP Integration
October 09, 2019  |  B2B Payments

Enterprise content services provider Hyland is enhancing the integration of its OnBase ERP platform with SAP to strengthen accounts payable automation capabilities, the company said...

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UMB Bank On Freeing Businesses From Paper Checks With AP Automation
UMB Bank On Freeing Businesses From Paper Checks With AP Automation
October 09, 2019  |  Accounts Payable

Automating accounts payable (AP) means the paper check will soon no longer be in the proverbial (and literal) mail. In the inaugural Next-Gen AP Automation...

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Visa Supports Rollout Of Aussie AP Service Yak Pay
Visa Supports Rollout Of Aussie AP Service Yak Pay
October 08, 2019  |  B2B Payments

Visa has teamed up with business expense management firm Payment Logic to support the use of commercial cards in accounts payable for Australian businesses. Reports...

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Inside UMB Bank’s AP Automation Agenda
Inside UMB Bank’s AP Automation Agenda
October 08, 2019  |  Accounts Payable

  Accounts payable (AP) departments all too often employ inefficient processes that slow down workflows, and delay supplier payments. Reliance on outdated practices — including...

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