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

1 in 4 CFOs Say AP Automation Reduces Payment Delays in Shipping
1 in 4 CFOs Say AP Automation Reduces Payment Delays in Shipping
September 27, 2023  |  Accounts Payable

Automation can improve efficiency, speed and accuracy in accounts receivable (AR), reducing days sales outstanding (DSO) and expediting payments. It also streamlines complex, error-prone accounts...

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Paygeon Launches AI-Powered Financial Platform for SMBs
Paygeon Launches AI-Powered Financial Platform for SMBs
September 26, 2023  |  B2B Payments

Paygeon has unveiled its new artificial intelligence (AI)-powered financial platform designed for small businesses and startups. This solution seeks to help companies navigate the digital financial...

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FlexPoint Launches Payments Automation Platform for Managed Service Providers
FlexPoint Launches Payments Automation Platform for Managed Service Providers
September 25, 2023  |  B2B Payments

Payments automation platform FlexPoint has announced its public launch to help managed service providers (MSPs) with cash flow.  Founded last year, FlexPoint’s platform helps MSPs increase visibility...

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Tipalti Unveils Expense Management and Automation Tool
Tipalti Unveils Expense Management and Automation Tool
September 21, 2023  |  Spend Management

Finance automation platform Tipalti has debuted Tipalti Expenses, an expense management and automation solution. The tool integrates with Tipalti’s platform, which automates accounts payable (AP),...

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A Growing Roster of Providers Speed Supplier Payments — and Supply Chains, Too 
A Growing Roster of Providers Speed Supplier Payments — and Supply Chains, Too 
September 20, 2023  |  Commercial Payments

Even three years after the height of the pandemic, even as economies have reopened fully, supply chains are still operating in a less than optimal manner....

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LSQ and Randstad Sourceright Partner on Early-Payment Solution
LSQ and Randstad Sourceright Partner on Early-Payment Solution
September 19, 2023  |  B2B Payments

LSQ, a provider of working capital finance and payments solutions, has partnered with Randstad Sourceright to offer an early-payment solution for staffing suppliers. This partnership aims to...

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HSBC Launches Document-Free Trade Finance Tool TradePay
HSBC Launches Document-Free Trade Finance Tool TradePay
September 19, 2023  |  Accounts Receivable

Banking giant HSBC debuted a trade finance offer to help clients pay suppliers. The tool, dubbed TradePay, is an industry-first, document-free trade finance solution that...

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Mastercard and Oracle Partner to Automate B2B Payments
Mastercard and Oracle Partner to Automate B2B Payments
September 19, 2023  |  B2B Payments

Mastercard and Oracle have announced a partnership to automate B2B payments for enterprise customers. The collaboration will integrate Mastercard’s virtual card platform into the Oracle Fusion Cloud Enterprise...

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Bank of America Debuts Tool to Digitize Trade Finance
Bank of America Debuts Tool to Digitize Trade Finance
September 18, 2023  |  Accounts Receivable

Bank of America has unveiled a platform to help business clients digitize trade finance. The company’s CashPro Supply Chain Solutions tool is designed to offer supply chain...

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