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

Two-Thirds of Firms Plan to Automate Routine AP Tasks in Next 12 Months
Two-Thirds of Firms Plan to Automate Routine AP Tasks in Next 12 Months
September 23, 2022  |  B2B Payments

Aiming to automate routine accounts payable (AP) procedures, two-thirds of firms are either currently innovating their systems or plan to do so within the next...

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Payoneer Adds First Chief Platform Officer, Forms New Division
Payoneer Adds First Chief Platform Officer, Forms New Division
September 23, 2022  |  B2B Payments

Commerce technology company Payoneer has hired Assaf Ronen, a veteran of SoFi, Amazon and Microsoft, to lead a newly established division that integrates Payoneer’s technology,...

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Automation Solves Primary Pain Point for 70% of SaaS Firms
Automation Solves Primary Pain Point for 70% of SaaS Firms
September 23, 2022  |  Accounts Payable

Providers of business-to-business (B2B) software-as-a-service (SaaS) solutions rely on their finance teams to track financial performance and provide key performance indicators (KPIs) to help fuel...

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Indian FinTech Zaggle Launches AP, Credit Card Payments Platform
Indian FinTech Zaggle Launches AP, Credit Card Payments Platform
September 16, 2022  |  B2B Payments

Indian FinTech company Zaggle has reportedly launched a product called Zoyer that brings accounts payable (AP) and credit card payments together on a single platform....

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German Software Firm Candis Raises $16M to Expand AP Automation
German Software Firm Candis Raises $16M to Expand AP Automation
September 14, 2022  |  Investments

German accounts payable (AP) automation software provider Candis has reportedly raised $16 million in funding and said it will use the new investment to continue...

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Today in B2B Payments: Tech Tackles X-Border Payments, SaaS Billing
Today in B2B Payments: Tech Tackles X-Border Payments, SaaS Billing
September 14, 2022  |  B2B Payments

Today in B2B payments, LianLian Global adds a cross-border payments guarantee to China, while Maxio launches a one-stop solution for Software-as-a-Service companies’ billing and financial...

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Cost, Integration Still Obstacles for SMB Payments Digitization
Cost, Integration Still Obstacles for SMB Payments Digitization
September 12, 2022  |  B2B Payments

Before Matt Dubois, CEO of Chargezoom, went into the B2B payments business, he was a customer. As the founder of several small startups, he found...

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Construction Industry Platform Briq Buys Swipez to Add AR Automation
Construction Industry Platform Briq Buys Swipez to Add AR Automation
September 08, 2022  |  B2B Payments

Construction industry-focused financial automation platform Briq has expanded its capabilities by acquiring India-based FinTech Swipez. Swipez automates billing and accounts receivable (AR), and its tools...

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Paper Checks Pose Major Risk to Corporate Coffers
Paper Checks Pose Major Risk to Corporate Coffers
September 06, 2022  |  B2B Payments

On top of being a cumbersome payment vehicle, the paper check continues to pose a major risk to corporate coffers. Fraud is on the rise...

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