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

B2B Payments Forging New Paths With B2C Tools
B2B Payments Forging New Paths With B2C Tools
October 31, 2016  |  B2B Payments

At earlier moments of B2B FinTech development, the industry seemed to be following in the footsteps of the business-to-consumer space. Payments innovations would soon gain...

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Corcentric’s eInvoice Takeover Expands AP Reach
Corcentric’s eInvoice Takeover Expands AP Reach
October 28, 2016  |  B2B Payments

Corcentric announced a new acquisition to help the company expand its reach into the corporate accounts payable space. The firm said Thursday (Oct. 27) that...

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U.S. Bank’s AP Tool Eases Virtual Payment Adoption
U.S. Bank’s AP Tool Eases Virtual Payment Adoption
October 27, 2016  |  B2B Payments

U.S. Bank’s latest offering for corporate treasurers aims to simplify the shift from manual to virtual B2B payments. The bank announced Wednesday (Oct. 26) its...

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Procure-To-Pay Facing More Market Consolidation
Procure-To-Pay Facing More Market Consolidation
October 24, 2016  |  B2B Payments

Juvo Technologies wants to extend its presence within the procure-to-pay space and announced an acquisition to help it do so. Reports late last week said...

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Fifth Third Loops AP Into Corporate Cards
Fifth Third Loops AP Into Corporate Cards
October 20, 2016  |  B2B Payments

Fifth Third Bank is adding new features to its commercial card services. An announcement Tuesday (Oct. 18) said the bank is integrating an electronic accounts payable...

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At The Nexus Of Procurements And Payments
At The Nexus Of Procurements And Payments
October 17, 2016  |  B2B Payments

Fresh off a $28 million equity investment form Mainsail, Nexus Systems is expanding its reach into the P2P realm. CEO Tom Coolidge details near-term plans...

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QuickBooks Taps Amex For AP Financing
QuickBooks Taps Amex For AP Financing
October 14, 2016  |  B2B Payments

American Express is a top player in the commercial card space but is perhaps best known in the B2B space as a provider of solutions...

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Nexus’ Procure-To-Pay Tool Attracts $28M
Nexus’ Procure-To-Pay Tool Attracts $28M
October 13, 2016  |  B2B Payments

The procure-to-pay solution offered by Nexus Systems has attracted venture capital. The company revealed on Wednesday (Oct. 12) that it secured $28 million in funding...

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AP Still An Archaic Process, Says Tipalti
AP Still An Archaic Process, Says Tipalti
October 11, 2016  |  B2B Payments

For years, accounts payable has had a reputation for being slow, manual and inefficient. New research from Tipalti says — yup — the situation hasn’t improved...

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