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

New B2B Tech Reshapes Buyer-Supplier Dynamics While Unlocking Working Capital
New B2B Tech Reshapes Buyer-Supplier Dynamics While Unlocking Working Capital
June 23, 2023  |  B2B Payments

Need a penny, take a penny has never quite flown in the B2B world. Now, contemporary buyer-supplier dynamics are being continually reshaped against the backdrop...

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How the iPhone Generation Is Killing the Corporate Check
How the iPhone Generation Is Killing the Corporate Check
June 21, 2023  |  Digital Payments

The historically manual nature of accounts payable (AP) payments is holding back progress across industries. It ties up funds in largely legacy processes, including the...

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Boost Payment Solutions and OneSource Virtual Partner on Automated AP
Boost Payment Solutions and OneSource Virtual Partner on Automated AP
June 20, 2023  |  Accounts Payable

Boost Payment Solutions and OneSource Virtual (OSV) have partnered to fully automate invoice payments for Workday customers. This collaboration brings together OneSource Virtual’s new Invoice Pay product and the Boost...

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Medius Plans Acquisition of Expensya to Expand Spend Management Capabilities
Medius Plans Acquisition of Expensya to Expand Spend Management Capabilities
June 08, 2023  |  Acquisitions

Medius plans to acquire Expensya to accelerate its ability to grow and cross-sell in the business applications market. The acquisition would add Expensya’s artificial intelligence...

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ForwardAI Launches B2B Platform that Enables Real-Time Payments
ForwardAI Launches B2B Platform that Enables Real-Time Payments
June 07, 2023  |  B2B Payments

ForwardAI has launched a B2B payments platform that enables real-time payments. The new Forwardly platform is designed to help small and medium-sized businesses (SMBs) in North America get...

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Payments Automation Helps Main Street Navigate Economic Challenges
Payments Automation Helps Main Street Navigate Economic Challenges
May 31, 2023  |  Innovation

Companies that invested in technology to improve working capital transparency during the pandemic saw overwhelmingly positive results. Seventy-seven percent of surveyed CFOs said they saw...

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Avalara Unveils eInvoicing Compliance Solution for Multinational Businesses
Avalara Unveils eInvoicing Compliance Solution for Multinational Businesses
May 23, 2023  |  B2B Payments

Avalara has unveiled a new tool to help multinational businesses streamline their compliance with eInvoicing mandates. The new Avalara E-Invoicing and Live Reporting is a compliance application programming interface (API)...

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Digital B2B Marketplaces Transform Historic Frictions Into Data-Driven Insights
Digital B2B Marketplaces Transform Historic Frictions Into Data-Driven Insights
May 22, 2023  |  B2B Payments

The way businesses buy and sell to one another has historically been full of friction. At the center of it is how firms pay and...

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Over 63% of SaaS Firms Want Integrated Spend Management Solutions
Over 63% of SaaS Firms Want Integrated Spend Management Solutions
May 17, 2023  |  Spend Management

When it comes to managing non-payroll spending, automation is where a great deal of the smart money is going. A considerable number of Software-as-a-Service (SaaS)...

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