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

AeroPay Creates Virtual Procurement Card Unit
AeroPay Creates Virtual Procurement Card Unit
December 07, 2017  |  B2B Payments

Factoring company AeroFund International has launched a new division that offers businesses with virtual procurement cards, the company said this week. AeroFund has formed AeroPay...

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When It Comes To Corporates, Faster Payments Aren’t Always About Speed
When It Comes To Corporates, Faster Payments Aren’t Always About Speed
November 17, 2017  |  B2B Payments

Corporates aren’t that interested in real-time payments. At least, that’s according to a report from the EuroFinance Corporate Treasury Network published last month, which found...

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Nvoicepay Integrates Into Viewpoint’s Construction Software
Nvoicepay Integrates Into Viewpoint’s Construction Software
November 15, 2017  |  B2B Payments

The latest research in B2B payment practices within the construction sector isn’t good: Two-thirds of small- and medium-sized businesses (SMBs) surveyed by the U.K. Federation of...

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Chrome River Brings Invoice Approvals To The Smartphone
Chrome River Brings Invoice Approvals To The Smartphone
November 15, 2017  |  B2B Payments

Corporate expense management firm Chrome River is enhancing its invoice B2B payment capabilities, the company said Tuesday (Nov. 14). Chrome River upgraded its INVOICE solution...

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Ultimate Finance Targets Food Industry With AP Finance Solution
Ultimate Finance Targets Food Industry With AP Finance Solution
November 10, 2017  |  B2B Payments

Alternative small business lender Ultimate Finance is adding a new product to its offering built on Big Data and risk mitigation technologies. As covered in...

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Business Email Scam Not Covered By Cyber Insurance, Canadian Court Rules
Business Email Scam Not Covered By Cyber Insurance, Canadian Court Rules
November 07, 2017  |  B2B Payments

The Business Email Compromise (BEC) scam is jeopardizing millions of dollars for businesses of all sizes and industries. Just last week, news reports surfaced that business...

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Western Union, MineralTree Collaborate Cross-Border Supplier Payments
Western Union, MineralTree Collaborate Cross-Border Supplier Payments
November 01, 2017  |  B2B Payments

Accounts payable (AP) firm MineralTree is teaming up with Western Union to help companies pay suppliers overseas. An announcement Tuesday (Oct. 31) said MineralTree will...

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The Finance Department Knows It’s Slacking In Digital Transformation
The Finance Department Knows It’s Slacking In Digital Transformation
November 01, 2017  |  B2B Payments

Small businesses (SMBs) are increasingly satisfied with their traditional financial service providers, though banks are pushing to heighten their innovation strategies and provide SMBs with...

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Commander In Chief: Flint Lane, Billtrust CEO
Commander In Chief: Flint Lane, Billtrust CEO
October 23, 2017  |  Merchant Innovation

In a culture where anything new can develop a buzz of innovation, it’s important to determine which problems are worth solving. Businesses and consumers want...

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