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

OpenEnvoy CEO Sees Fully Automated AP Departments Within 5 Years
OpenEnvoy CEO Sees Fully Automated AP Departments Within 5 Years
November 03, 2022  |  Accounts Payable

The accounts payable (AP) department is about to find itself short-staffed. As OpenEnvoy CEO Matt Tillman told PYMNTS’ Karen Webster: “There’s not a lot of...

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Managing Non-Payroll Spend Takes AP Teams 17 Hours per Week 
Managing Non-Payroll Spend Takes AP Teams 17 Hours per Week 
November 02, 2022  |  Spend Management

Non-payroll spend management is designed to deploy, account for and control the money that companies spend to drive growth, yet this function too often relies...

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90% of SaaS Firms Lack Visibility Into Non-Payroll Spend
90% of SaaS Firms Lack Visibility Into Non-Payroll Spend
November 02, 2022  |  Spend Management

  You can’t fix problems, you can’t embrace opportunities, unless you can see them. And in the business-to-business (B2B) realm, as found in the report...

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Intellinetics Debuts AP Automation Platform
Intellinetics Debuts AP Automation Platform
October 31, 2022  |  Accounts Payable

Digital content management platform Intellinetics has collaborated with building industry software provider Constellation HomeBuilder Systems to create a solution that fully automates the accounts payable...

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FinTechs Deliver Enterprise-Level AP/AR to SMBs as Economy Softens
FinTechs Deliver Enterprise-Level AP/AR to SMBs as Economy Softens
October 28, 2022  |  SMBs

Owners of small- to medium-sized businesses (SMBs) have to wear more than one hat — sometimes, it’s three, four or five. And to manage their...

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Yaydoo Buys Oyster to Scale B2B Payments Solutions Across LatAm
Yaydoo Buys Oyster to Scale B2B Payments Solutions Across LatAm
October 25, 2022  |  Acquisitions

B2B solutions provider Yaydoo has acquired payments solution Oyster Financial in a move that it said boosts its position as a B2B payments solution provider...

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Automated Solutions Give SaaS Firms More Visibility Into Non-Payroll Spend
Automated Solutions Give SaaS Firms More Visibility Into Non-Payroll Spend
October 25, 2022  |  Accounts Payable

Business-to-business (B2B) software-as-a-service (SaaS) solution providers too often lack full visibility and proactive control of their non-payroll spending, including invoices received from suppliers and vendors....

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B2B AP Firm Finexio Raises $35M to Grow Embedded Payments
B2B AP Firm Finexio Raises $35M to Grow Embedded Payments
October 24, 2022  |  Investments

B2B accounts payable (AP) Payments-as-a-Service (PaaS) company Finexio has completed an oversubscribed $35 million Series B round as it aims to capture a growing desire...

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Paystand Allows Users of Network, Card to Get Revenue Next Business Day
Paystand Allows Users of Network, Card to Get Revenue Next Business Day
October 21, 2022  |  B2B Payments

Blockchain-enabled B2B payments firm Paystand has announced that businesses using the Paystand Network and the DeFi Corporate Card can now access their revenue the next...

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