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

AP Automation a Top Priority for Gig Economy Firms
AP Automation a Top Priority for Gig Economy Firms
October 18, 2022  |  Gig Economy

The emergence of online marketplaces and platforms has made it possible for the gig economy to flourish. After all, it is the online channel through...

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Today in B2B Payments: Firms Launch Tools for Aviation, Restaurant Industries
Today in B2B Payments: Firms Launch Tools for Aviation, Restaurant Industries
October 18, 2022  |  B2B Payments

Today in B2B payments, TreviPay and KHI develop a payment platform for the aviation industry, Lendica and Altametrics offer B2B buy now, pay later (BNPL)...

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eInvoicing Needs a ‘Translation Layer’ as Business Payments Go Global
eInvoicing Needs a ‘Translation Layer’ as Business Payments Go Global
October 18, 2022  |  Global Payments

After a couple of decades, you’d think that electronic invoicing would be pretty much perfected — a done deal, with standardized formats across companies and...

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Edenred Buys IPS to Create End-to-End Solution for Managing AP
Edenred Buys IPS to Create End-to-End Solution for Managing AP
October 17, 2022  |  B2B Payments

Digital payments platform Edenred has acquired invoice automation vendor IPS and said this will give the clients of its corporate payment subsidiary, Edenred CSI, access...

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AP Automation Can Save Finance Teams $400 an Invoice
AP Automation Can Save Finance Teams $400 an Invoice
October 17, 2022  |  Accounts Payable

Efficiency is the key to preserving margins in an age where macro-concerns dominate and inflation rages. Chief financial officers (CFOs) and their finance teams are...

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Gig Economy Platforms Say Legacy Payments Tech Stalls Future Growth
Gig Economy Platforms Say Legacy Payments Tech Stalls Future Growth
October 12, 2022  |  Accounts Payable

Gig economy companies have long exhibited rapid growth, and payables volume, particularly, is spiking. Within the industry, 96% of companies experienced an increase in the...

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Mastercard Platform Aims to Give Businesses Spending Visibility
Mastercard Platform Aims to Give Businesses Spending Visibility
October 10, 2022  |  Spend Management

Mastercard has launched Global Treasury Intelligence, a cloud-based platform designed to give businesses more visibility into how and where they spend money. “In a recent...

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Digitization Efforts Bring Unexpected Knock-on Benefits to Finance Operations
Digitization Efforts Bring Unexpected Knock-on Benefits to Finance Operations
October 09, 2022  |  B2B Payments

CFOs and treasurers are pragmatic people who spend a lot of time preparing for worst-case scenarios. Small wonder they’re equipping their companies with the digital...

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Macro Challenges Drive More Business to Full-Blown Payments Automation
Macro Challenges Drive More Business to Full-Blown Payments Automation
October 06, 2022  |  B2B Payments

In payments, change is slow, and then it happens quickly. That’s especially true in business-to-business (B2B) payments, where “the check is in the mail” gives...

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