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

AP Automation Lets Businesses Trade Paper Envelopes for Digital Efficiencies
AP Automation Lets Businesses Trade Paper Envelopes for Digital Efficiencies
November 29, 2023  |  Accounts Payable

How do you turn payments pain points into payments possibilities? It’s a simple formula: Add automation. “More and more organizations are recognizing the need to...

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Big Firms Automate Regular Payments, Small Firms Large Payments
Big Firms Automate Regular Payments, Small Firms Large Payments
November 28, 2023  |  Accounts Payable

The digitalization trend that followed the pandemic has accelerated the automation journey for nearly one-third of mid-sized firms. In the last two years, remote work...

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Cost Concerns Keep More Than One-Third of Firms From Automating AR Processes 
Cost Concerns Keep More Than One-Third of Firms From Automating AR Processes 
November 22, 2023  |  B2B Payments

Businesses expect that handling payments — both sending and receiving them — will become even more crucial in the future. On average, companies anticipate a...

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55% of Trucking Companies Emphasize AP Innovation as a Crucial Goal
55% of Trucking Companies Emphasize AP Innovation as a Crucial Goal
November 22, 2023  |  Money Mobility

The trucking industry represents a vital component of the national economy, transporting more than 72% of the nation’s freight by weight. Sustaining this extensive transportation...

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Payhawk Adds Procure-to-Pay Solution to Global Spend Management Platform
Payhawk Adds Procure-to-Pay Solution to Global Spend Management Platform
November 21, 2023  |  B2B Payments

Payhawk, a global spend management platform, launched a solution that enables businesses to automate their procure-to-pay process. The company’s new Purchase Orders system aims to...

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Cash Is King Means ‘Pay Me Sooner’ for B2B Players 
Cash Is King Means ‘Pay Me Sooner’ for B2B Players 
November 20, 2023  |  B2B Payments

What do businesses want for the holidays? It’s simple: to get paid faster.  B2B payments are the global economy’s transactional workhorse, accounting for tens of...

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93% of Middle Market Firms Say Current AP/AR Systems Don’t Cut It
93% of Middle Market Firms Say Current AP/AR Systems Don’t Cut It
November 20, 2023  |  Accounts Payable

Automating accounts payable (AP) and accounts receivable (AR) can provide a crucial edge for mid-size firms. Most that have done so report increased efficiency and...

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Cut the Check: How Paperless Progress Future-Proofs B2B Payments
Cut the Check: How Paperless Progress Future-Proofs B2B Payments
November 17, 2023  |  B2B Payments

Money in and money out always matters, but cash flows come to the forefront in uncertain times. And today’s macro environment is increasingly driving a...

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Middle Market CFOs Say Automated AP/AR Delivers Certainty in Tough Economy
Middle Market CFOs Say Automated AP/AR Delivers Certainty in Tough Economy
November 16, 2023  |  Accounts Payable

Midsize firms anticipate that making and receiving payments will become even more of a core necessity very soon. On average, firms expect a 50% increase...

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