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

Healthcare Firms a Step Behind in Automating Accounts Payable Processes
Healthcare Firms a Step Behind in Automating Accounts Payable Processes
February 22, 2023  |  Accounts Payable

The healthcare industry overall has an employment problem. Seeing a sharp personnel exodus post-pandemic, the industry continues to lose workers. The Bureau of Labor Statistics January employment...

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Brightflag Helps Legal Teams Tackle PDF Invoices With Automation
Brightflag Helps Legal Teams Tackle PDF Invoices With Automation
February 21, 2023  |  B2B Payments

A significant portion of the invoices received by legal teams are still delivered in PDF format. To help these teams reduce the time lost to...

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Aspire Raises $100M to Grow Finance Platform in Southeast Asia
Aspire Raises $100M to Grow Finance Platform in Southeast Asia
February 15, 2023  |  Investments

Aspire has raised $100 million in a Series C round to grow its all-in-one finance operating system for businesses. The Singapore-based firm said in a...

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Fraud Prevention Tops CFO Digital Innovation Wish List
Fraud Prevention Tops CFO Digital Innovation Wish List
February 13, 2023  |  Fraud Prevention

Companies are focusing technology investments on the systems they deem crucial for the long haul. Going back nearly three years to the pandemic’s March 2020...

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Priority and IQ BackOffice Partner to Fully Automate Accounts Payable
Priority and IQ BackOffice Partner to Fully Automate Accounts Payable
February 09, 2023  |  Accounts Payable

Priority Technology Holdings and IQ BackOffice have partnered to fully automate accounts payable (AP) payments. In a Thursday (Feb. 9) press release, the companies said that Priority’s CPX automated payment solution...

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CFOs Seek New Levels of Efficacy in 2023 Systems Investments
CFOs Seek New Levels of Efficacy in 2023 Systems Investments
February 08, 2023  |  Digital Payments

With all the digital transformation that took place across various systems during the first two years of the pandemic, more firms are now filling in...

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GoCardless Launches White-Label Product Enabling Bank-to-Bank Payments
GoCardless Launches White-Label Product Enabling Bank-to-Bank Payments
February 08, 2023  |  Payment Methods

GoCardless has launched a solution that enables third-party payment providers to allow bank-to-bank payments. The new GoCardless Embed is a white-label product that integrates the firm’s global bank...

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AvidXchange Offers ‘Actionable Insights’ With New AP Visibility Tool
AvidXchange Offers ‘Actionable Insights’ With New AP Visibility Tool
February 07, 2023  |  Accounts Payable

Accounts payable automation company AvidXchange has debuted a business intelligence tool it says will bring fresh data and insights to finance teams that manual processes...

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Digital ID and KYC Platforms Potent Weapons Against Accounts Receivable Fraud
Digital ID and KYC Platforms Potent Weapons Against Accounts Receivable Fraud
February 03, 2023  |  Security & Fraud

 Not knowing who’s on the other side of the transaction is expensive.  As noted here last month, financial institutions (FIs) were fined nearly $5 billion for...

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