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

Tax Compliance Process Changes With Electronic Invoicing
Tax Compliance Process Changes With Electronic Invoicing
March 19, 2024  |  Taxes

Steve Sprague, chief strategy and product officer at Sovos, told PYMNTS in a recent interview that tax compliance is changing — from an intermittent activity...

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FlexPoint Raises $35 Million for Payments Automation Platform
FlexPoint Raises $35 Million for Payments Automation Platform
March 18, 2024  |  Investments

FlexPoint has raised $35 million in debt and equity to grow its payments automation platform that serves managed services providers (MSPs) and their business clients. ...

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Making Sense of No- and Low-Code B2B Payments Technology
Making Sense of No- and Low-Code B2B Payments Technology
March 15, 2024  |  B2B Payments

B2B payments are famously, even infamously, complex. They entail multiple parties and high transaction volumes, all frequently moved across legacy systems that often necessitate the...

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4 Questions for CFOs About AP and AR Automation
4 Questions for CFOs About AP and AR Automation
March 14, 2024  |  B2B Payments

We are nearly a quarter of the way through the 21st century. But many firms are still carrying around legacy payment systems and suffering from...

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Growing Digital B2B Payments With Open Banking and APIs
Growing Digital B2B Payments With Open Banking and APIs
March 13, 2024  |  B2B Payments

All the complexity and complications inherent to B2B payments have one, simple solution: going digital. But despite a sea of change in the payments world,...

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Payments Find a Home in ERP Systems as Back-End Processes Modernize
Payments Find a Home in ERP Systems as Back-End Processes Modernize
March 12, 2024  |  B2B Payments

For enterprises large and small, the back office remains a key component ripe for modernization. And modernizing the workflows that take place, increasingly, involves payments...

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Nanonets Raises $29 Million to Automate ‘Mundane Office Work’
Nanonets Raises $29 Million to Automate ‘Mundane Office Work’
March 12, 2024  |  Investments

AI-based workflow automation platform Nanonets has raised $29 million in new funding. The company’s Series B round, announced Tuesday (March 12), comes as roughly a third of Fortune 500...

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Commercial Cards in Action: Businesses Gain Working Capital Flexibility
Commercial Cards in Action: Businesses Gain Working Capital Flexibility
March 11, 2024  |  Spend Management

Against today’s shifting macroeconomic backdrop, companies are prioritizing their agility and ability to react to unforeseen events. Increasingly, firms are backing that ability up with...

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HighRadius Launches GenAI-Powered Tools for Invoice Processing, Supplier Communications
HighRadius Launches GenAI-Powered Tools for Invoice Processing, Supplier Communications
March 07, 2024  |  Accounts Payable

HighRadius has launched a generative artificial intelligence (GenAI)-powered solution designed to automate the payer-supplier payment process. The new Accounts Payable Automation solution automates invoice processing...

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