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

ADM’s New eInvoicing System A Time-Saver
ADM’s New eInvoicing System A Time-Saver
September 12, 2014  |  B2B Payments

Until recently, Archer Daniels Midland (ADM) was having difficulty handling the millions of invoices it processes each year from thousands of suppliers. That ended when...

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Where AP And Procurement (Should) Collide
Where AP And Procurement (Should) Collide
August 21, 2014  |  Alternative Finances

A new report points to a problem within many enterprises, where accounts-payable and procurement teams, while often having similar goals, generally don’t work with one...

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