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

Monite Raises $5 Million for Embedded Finance Workflows Solution
Monite Raises $5 Million for Embedded Finance Workflows Solution
March 20, 2023  |  B2B Payments

Embedded finance workflows startup Monite has closed $5 million in seed funding. This follows a $5 million seed round in February 2022, bringing the firm’s...

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To Have an Impact, Business Payments Innovations Must Move as Fast as Customer Needs
To Have an Impact, Business Payments Innovations Must Move as Fast as Customer Needs
March 08, 2023  |  B2B Payments

The business-to-business (B2B) landscape is in the midst of a pivotal migration away from legacy systems. “The market changes over the past few years have...

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AvidXchange Offers Credit Unions Invoice-to-Pay
AvidXchange Offers Credit Unions Invoice-to-Pay
March 07, 2023  |  Credit Unions

Payments solutions company AvidXchange has a new solution for credit unions. The company has begun a referral partnership with KeyStone by Corelation, according to a...

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Supply Chain Weak Links Pose Incoming Payments Fraud Risks for CFOs
Supply Chain Weak Links Pose Incoming Payments Fraud Risks for CFOs
March 06, 2023  |  B2B Payments

Hackers and fraudsters constantly probe their would-be victims for weaknesses. And when it comes to B2B fraud — where the payoff can be in the...

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AI Critical to Making Business Payments Faster and Safer
AI Critical to Making Business Payments Faster and Safer
March 03, 2023  |  B2B Payments

“Real-time payments processing is becoming a reality in B2B,” Manish Jaiswal, chief product and technology officer at Corcentric, told PYMNTS. But as payments get faster,...

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Payoneer CEO Says B2B Product Is Powering Platform Growth
Payoneer CEO Says B2B Product Is Powering Platform Growth
February 28, 2023  |  B2B Payments

Cross-border expansion is crucial to business growth goals, even for those FinTechs supporting international transactions. This, as Payoneer Global executives told investors on the company’s...

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81% of Retailers and Manufacturers Plan to Upgrade Accounts Payable Systems
81% of Retailers and Manufacturers Plan to Upgrade Accounts Payable Systems
February 28, 2023  |  Accounts Payable

The old saying goes that necessity is the mother of invention. We might add: Necessity is the mother of tech upgrades in the back office....

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Why Accounts Payable Should Be Done by Machines, not People
Why Accounts Payable Should Be Done by Machines, not People
February 23, 2023  |  Opinion

AI technology in the accounts payables process results in more accuracy and less fraud, OpenEnvoy CEO Matthew Tillman writes in the new PYMNTS eBook, “2023...

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How Data-Informed Decisions Help CFOs Manage Spend and Growth Cycles
How Data-Informed Decisions Help CFOs Manage Spend and Growth Cycles
February 22, 2023  |  B2B Payments

Today’s changing economy is driving new spending priorities as organizations look to boost operational fundamentals. Businesses want technology to help them be strategically proactive with...

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