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

Automated Purchasing Drives ‘Single Source of Truth’ vs Patchwork Approach
Automated Purchasing Drives ‘Single Source of Truth’ vs Patchwork Approach
December 06, 2022  |  Accounts Payable

Automating purchasing functions lead to better strategic decisions. Ted Contreras, product manager for accounting at Airbase, told PYMNTS that using technology to automate procurement and...

READ MORE >
55% of SaaS Firms Now Use Spend Management Technology
55% of SaaS Firms Now Use Spend Management Technology
December 06, 2022  |  Spend Management

To better track and manage non-payroll spend, companies need to upgrade their accounts payable functions. That’s no easy task. In the report “Improving Financial Performance:...

READ MORE >
An Insider’s Checklist for All-in-One Payments Success
An Insider’s Checklist for All-in-One Payments Success
December 01, 2022  |  B2B Payments

Roughly one in 10 U.S. SMBs are concerned they won’t survive to see 2024, putting the onus on cash flow management to help them stay...

READ MORE >
Spreadsheet Mistakes Create Costly Consequences for CFOs
Spreadsheet Mistakes Create Costly Consequences for CFOs
November 30, 2022  |  B2B Payments

New findings show the 35-year-old digital spreadsheet is proving to be error prone and costly. A widespread tool, Microsoft’s Excel spreadsheet product is ubiquitous across...

READ MORE >
SaaS Firms Tout 1-Month Fix for Spend Management Headaches
SaaS Firms Tout 1-Month Fix for Spend Management Headaches
November 29, 2022  |  Accounts Payable

Non-payroll spend management software is helping businesses deploy, account for and control their money. This not only drives growth but PYMNTS’ data found that just...

READ MORE >
Pax2pay Debuts Accounts Payable Solution for Travel Industry
Pax2pay Debuts Accounts Payable Solution for Travel Industry
November 27, 2022  |  B2B Payments

Digital payments company Pax2pay is making its travel payments tools more efficient for businesses through a new business accounts payable platform to optimize travel invoicing....

READ MORE >
9 in 10 CFOs Focused on Payments Automation and Transformation
9 in 10 CFOs Focused on Payments Automation and Transformation
November 23, 2022  |  Accounts Payable

The benefits of streamlining and modernizing the payment experience through digital tools and forward-looking investments appear to have sunken in. New research shows nine out...

READ MORE >
CFO Says High Growth and Data Transparency Are Inseparable
CFO Says High Growth and Data Transparency Are Inseparable
November 22, 2022  |  CFO

While leading a fast-growing company has its own set of requirements, the need for better data to help drive decision making is among the most...

READ MORE >
CFOs Ditch Paper to Prioritize Digital Payments
CFOs Ditch Paper to Prioritize Digital Payments
November 22, 2022  |  Digital Payments

Through the past few years, companies have proven a level of resilience that scarcely seemed imaginable when the pandemic shook the globe. Businesses had to...

READ MORE >