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

B2B Virtual Cards Move Buyer-Supplier Relationships From Manual to Meaningful
B2B Virtual Cards Move Buyer-Supplier Relationships From Manual to Meaningful
May 01, 2024  |  B2B Payments

Building a successful business rarely happens on an island or in a vacuum. Typically, success comes from successful business relationships — and when one thinks about B2B relationships, at...

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Digits Launches AI Bill Pay for Small Businesses
Digits Launches AI Bill Pay for Small Businesses
April 30, 2024  |  B2B Payments

Accounting software firm Digits has launched AI Bill Pay, an artificial intelligence (AI) accounting platform.  Calling it the world’s first bill pay product to fully understand invoice document...

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SourceDay and Medius Team on Procure-to-Pay Enhancements
SourceDay and Medius Team on Procure-to-Pay Enhancements
April 30, 2024  |  Accounts Payable

Supply chain collaboration platform SourceDay and accounts payable platform Medius are collaborating to enhance procure-to-pay operations for businesses. Through the partnership, firms can get access to autonomous, touchless invoice...

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Sovos Adds Indirect Tax Solution for Global Enterprises
Sovos Adds Indirect Tax Solution for Global Enterprises
April 30, 2024  |  Taxes

Sovos has launched a solution designed to modernize how companies meet global indirect tax obligations. The new Indirect Tax Suite is part of the Sovos Compliance Cloud and...

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Boost CEO: Cleaning Up Manual Payments Drives Business Certainty
Boost CEO: Cleaning Up Manual Payments Drives Business Certainty
April 30, 2024  |  B2B Payments

In the midst of chaos, there is also opportunity. That quote, from Sun Tzu’s “The Art of War,” dates to the fifth century B.C. But it is just as...

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InvoiceCloud Launches Deposit Control Feature for Billers
InvoiceCloud Launches Deposit Control Feature for Billers
April 29, 2024  |  B2B Payments

In a move to empower billers with more refined financial management tools, InvoiceCloud has announced the launch of a new deposit control feature within its Online Bank...

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Paystand Acquires Teampay to Create B2B Financial Platform
Paystand Acquires Teampay to Create B2B Financial Platform
April 25, 2024  |  Acquisitions

Blockchain-enabled B2B payments network Paystand has acquired spend management software provider Teampay to create a unified financial platform that covers both accounts receivable (AR) and accounts payable...

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This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
April 25, 2024  |  B2B Payments

Innovation is a key factor in any company’s ability to succeed in the long run.  And so are the ways in which they pay and...

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HubSpot and Stripe Optimize Digital Payments for Small Businesses
HubSpot and Stripe Optimize Digital Payments for Small Businesses
April 24, 2024  |  SMBs

Small businesses don’t want embracing modern technology to be a big, technical lift. After all, these Main Street-style companies are increasingly busy building out their...

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