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

Spend Management Headaches Push SaaS Firms to Automated Systems
Spend Management Headaches Push SaaS Firms to Automated Systems
November 17, 2022  |  Accounts Payable

Software-as-a-service (SaaS) solution providers experience a bevy of challenges when managing their non-payroll spending. For one, these firms too often rely on time-consuming, inefficient manual...

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CFOs Shore Up Cash and Liquidity Beneath Economic Clouds
CFOs Shore Up Cash and Liquidity Beneath Economic Clouds
November 16, 2022  |  CFO

A new survey from PYMNTS shows that a majority of CFOs expect the economy will slide into recession in the near future, a prediction that...

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Raft and PayCargo Partner on Payment Process for Freight Forwarders
Raft and PayCargo Partner on Payment Process for Freight Forwarders
November 15, 2022  |  B2B Payments

Freight bookings and accounts payable (AP) management company Raft has partnered with all-in-one logistics payment platform PayCargo to enhance the payment process for freight forwarders. ...

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Firms With Manual AP Processing Miss Out on Early Payment Discounts 
Firms With Manual AP Processing Miss Out on Early Payment Discounts 
November 14, 2022  |  B2B Payments

The cost of maintaining the status quo just went up.  This, as new research shows that companies that use outdated manual non-payroll spend system are...

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Instant Payments Ease Money Flow Pain Points for SMBs
Instant Payments Ease Money Flow Pain Points for SMBs
November 10, 2022  |  B2B Payments

Pre-pandemic and pre-inflation, small- to medium-sized businesses (SMBs) were already grappling with managing cash flow. As Aharon Levine, head of payments at Melio, noted in...

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80% of Firms Hit Roadblocks When Making International Workforce Payments
80% of Firms Hit Roadblocks When Making International Workforce Payments
November 08, 2022  |  Payroll

International hiring among U.S. and U.K. businesses skyrocketed in 2021, with organizations primarily looking to expand their business into new markets and/or increase their market...

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Why More Than Half of SaaS Firms Say No to Early Payment Discounts
Why More Than Half of SaaS Firms Say No to Early Payment Discounts
November 07, 2022  |  Accounts Payable

Offering early payment discounts is a common practice among suppliers and vendors to incentivize their customers to pay their invoices on time, but PYMNTS’ research...

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How Finance Teams Spend 42% of Their Time
How Finance Teams Spend 42% of Their Time
November 04, 2022  |  Spend Management

Tracking non-payroll spending is a widely known drain on company’s time and resources to the point where getting this niche, costly corner of the accounts...

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One-Third of Cybercrime Losses Stem From Compromised Business Email
One-Third of Cybercrime Losses Stem From Compromised Business Email
November 03, 2022  |  B2B Payments

When criminals impersonate company executives or business partners to deceive employees into diverting funds their way, that’s business email compromise (BEC). It is also the...

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