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

Millennial Finance Teams Embrace Embedded Finance Trend
Millennial Finance Teams Embrace Embedded Finance Trend
November 07, 2023  |  Accounts Payable

Experts are predicting a significant surge in the adoption of embedded finance solutions, with transactions projected to reach a staggering $7 trillion by 2026. The...

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This Week in AI: Regulatory Ramp Up and Industry Innovations 
This Week in AI: Regulatory Ramp Up and Industry Innovations 
November 03, 2023  |  artificial intelligence

Another week, another explosion of news generated by generative artificial intelligence (AI). Technological innovations form the core of cultural transformations that have immediate and startling...

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Flexibility Helps Evolve B2B Relationships as Firms Tap Digital Innovations
Flexibility Helps Evolve B2B Relationships as Firms Tap Digital Innovations
November 02, 2023  |  Commercial Payments

In challenging times, commercial firms need to get creative about the way they do business. Luckily for business-to-business (B2B) players large and small, creativity often...

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Over 50% of Retailers Plan to Enhance AP Systems With Digital Investments
Over 50% of Retailers Plan to Enhance AP Systems With Digital Investments
November 02, 2023  |  Spend Management

In today’s rapidly evolving business landscape, firms are increasingly embracing digital advancements that can transform working capital management, streamline their accounts receivable (AR) and accounts...

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From Tradition to Transformation: B2B Enterprises Hit Generational Inflection Point 
From Tradition to Transformation: B2B Enterprises Hit Generational Inflection Point 
November 01, 2023  |  B2B Payments

A generational change is coming for the B2B landscape. But from employees to ERP (enterprise resource planning) systems, it doesn’t have to be out with...

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75% of AP Teams Reported Processing More Invoices Last Quarter
75% of AP Teams Reported Processing More Invoices Last Quarter
October 31, 2023  |  Accounts Payable

Accounts payable (AP) staff have been working extra hours as they use legacy and manual procedures to handle a growing number of invoices. Seventy-five percent...

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BILL Debuts New Purchase Order Tools for Small Businesses
BILL Debuts New Purchase Order Tools for Small Businesses
October 25, 2023  |  B2B Payments

Financial operations platform BILL has introduced new capabilities for small businesses and accounting firms. The San Jose company announced Wednesday (Oct. 25) that it was rolling out automation technology...

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CFOs Use Automation for Fraud Prevention More Than for AP/AR
CFOs Use Automation for Fraud Prevention More Than for AP/AR
October 25, 2023  |  Accounts Payable

In today’s fast-paced business world, companies are constantly looking to streamline operations and increase productivity. One area in need of this streamlining that often requires...

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Moving B2B Payments’ Last Mile Into the Express Lane
Moving B2B Payments’ Last Mile Into the Express Lane
October 25, 2023  |  B2B Payments

The “last mile” holds the key to a frictionless B2B payments future. Over the last decade, the impact of digital capabilities and innovative new ecosystems...

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