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

Celonis Optimizes AP With Process Mining Engine

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 >
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)...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >