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

Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
November 15, 2023  |  Faster Payments

Although ad hoc payments make up just 24% of accounts payable (AP) volume, they hold significant importance in various industry operations. In fact, these irregular...

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Intuit QuickBooks Unveils Standardized Platform for Small Business Accountants
Intuit QuickBooks Unveils Standardized Platform for Small Business Accountants
November 15, 2023  |  SMBs

Global financial technology platform Intuit has unveiled a range of new innovations that aim to empower accountants and small businesses through its QuickBooks online ecosystem.  One...

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Innovators Find ‘White Space’ in Making Business Payments Secure and Certain
Innovators Find ‘White Space’ in Making Business Payments Secure and Certain
November 15, 2023  |  B2B Payments

B2B transactions play an undeniably crucial in role in shaping the global economy.  And increasingly, technical innovations play an undeniably crucial role in shaping B2B...

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Ad Hoc Payments Represent One in Every Four Vendor Payables
Ad Hoc Payments Represent One in Every Four Vendor Payables
November 15, 2023  |  Money Mobility

Ad hoc payments are irregular payments made outside normal invoicing and payroll processes and are somewhat of a nuisance. On average, these payments account for...

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NCR Voyix President Says Digital Invoices and ‘Clear’ Messaging Pave Way for Real-Time B2B Payments
NCR Voyix President Says Digital Invoices and ‘Clear’ Messaging Pave Way for Real-Time B2B Payments
November 14, 2023  |  B2B Payments

B2B payments are in need of some clarity. “Getting paid is the biggest pain point,” observed Doug Brown, president of NCR Voyix Digital Banking. But...

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Why Visa Is Talking About a Working Capital Network
Why Visa Is Talking About a Working Capital Network
November 13, 2023  |  Payments Innovation

Alan Koenigsberg, senior vice president and global head of large, middle market, treasury and working capital solutions at Visa, took note of the rapid shifts...

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This Week in AI: An AI App Store and GPTs Go Shopping
This Week in AI: An AI App Store and GPTs Go Shopping
November 10, 2023  |  Artificial Intelligence

Generative artificial intelligence (AI) just keeps getting bigger. When you have a successful tech innovation, frequently, the next commercial step is to turn it into a...

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Priority CEO Says Businesses Expect a Unified Commerce Experience
Priority CEO Says Businesses Expect a Unified Commerce Experience
November 09, 2023  |  B2B Payments

B2B payments are increasingly finding themselves in the spotlight, and for good reason.  The complex and massive space is increasingly benefitting from the trickledown consumerization of...

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Automated Payments Are Crucial First Step in Broader Enterprise Digitization
Automated Payments Are Crucial First Step in Broader Enterprise Digitization
November 08, 2023  |  Fraud Prevention

Fraudulent activities can manifest in various forms, including identity theft, payment fraud and cyberattacks. In all those cases, legacy and manual back-end systems provide bad...

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