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

Small Business Retailers Use Automation to Fight Shopper Price ‘Rebellion’
Small Business Retailers Use Automation to Fight Shopper Price ‘Rebellion’
January 18, 2023  |  SMBs

Savvy small- to medium-sized businesses (SMBs) may consider prioritizing automating accounts payable (AP)/accounts receivable (AR) systems to slash price tag hikes while dispensing of manual...

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New Year, New Tech Solutions for Cross-Border B2B Friction Fighting
New Year, New Tech Solutions for Cross-Border B2B Friction Fighting
January 17, 2023  |  Cross-border Payments

As businesses look to expand abroad, digital modernization can stop bad history from repeating itself. Aging tech infrastructure and outdated software can hamstring critical business...

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Trullion Adds Revenue Recognition and Audit Tools to Accounting Platform
Trullion Adds Revenue Recognition and Audit Tools to Accounting Platform
January 16, 2023  |  Accounts Receivable

Trullion has added new revenue recognition and audit modules to its accounting automation platform. Both modules are powered by artificial intelligence (AI) and enhance accounting...

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Tech Is Turning $1T of Outstanding Bills Into Actionable Assets
Tech Is Turning $1T of Outstanding Bills Into Actionable Assets
January 12, 2023  |  B2B Payments

Software isn’t just changing the world. It’s also giving CFOs better access to working capital.  In most cases, that means access to their own money...

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Only 10% of Retailers Have Invested in Real-Time AP Payments
Only 10% of Retailers Have Invested in Real-Time AP Payments
January 11, 2023  |  Faster Payments

Only a slim minority of manufacturers and retailers are investing in real-time payments. Joint research from PYMNTS and Corcentric, as detailed in the report titled...

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Striking Growth-Profitability Balance Is ‘Secret Sauce’ for CFOs
Striking Growth-Profitability Balance Is ‘Secret Sauce’ for CFOs
January 11, 2023  |  CFO

The cost realities of unfettered growth have CFOs shifting focus to their organization’s profitability basics. This, as the role of financial teams pivots more broadly...

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Lockstep Adds Self-Service Portal to Connected Accounting Network
Lockstep Adds Self-Service Portal to Connected Accounting Network
January 10, 2023  |  B2B Payments

Lockstep has added a self-service portal to its connected accounting network. The new Lockstep Self-Service allows companies’ customers and vendors to reconcile their statements, download...

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Interest Rate Hikes Drive Small Businesses to Find Better Cash Flow Alternatives
Interest Rate Hikes Drive Small Businesses to Find Better Cash Flow Alternatives
January 10, 2023  |  SMBs

SMBs are already dealing with inflation but now must bear the brunt of higher interest rate hikes too. It’s an economic one-two punch that forces legions of...

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For CFOs, Finding and Leveraging Affinities Help Finance Teams Drive Growth
For CFOs, Finding and Leveraging Affinities Help Finance Teams Drive Growth
January 10, 2023  |  CFO

In many ways, CFOs need to view their company’s operations as a forest rather than individual, departmental trees. This, as companies increasingly look to centralize...

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