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

Amazon Business App Center Adds Symbeo AP Automation Solution
Amazon Business App Center Adds Symbeo AP Automation Solution
July 09, 2024  |  B2B Payments

Symbeo’s accounts payable (AP) automation and artificial intelligence (AI)-enabled optical character recognition (OCR) solution, RapidInvoice, is now available on the Amazon Business App Center. This...

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Japan Ditched Floppy Disks, but Can Businesses Ditch Paper Checks?
Japan Ditched Floppy Disks, but Can Businesses Ditch Paper Checks?
July 08, 2024  |  B2B Payments

Technological innovation moves fast, but sometimes businesses can move slowly. Or even not at all. Take for example the news from Reuters that the Japanese...

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How Banks and Big Tech Use AI to Modernize Workflows
How Banks and Big Tech Use AI to Modernize Workflows
July 02, 2024  |  artificial intelligence

Unlocking operational leverage is the name of the game for today’s businesses. In the face of ongoing macroeconomic uncertainty, controlling for what is controllable while...

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How to Ride the B2B Payments Innovation Wave
How to Ride the B2B Payments Innovation Wave
July 02, 2024  |  B2B Payments

B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled...

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How Supplier-Friendly Card Solutions Improve Business Cash Flow
How Supplier-Friendly Card Solutions Improve Business Cash Flow
July 02, 2024  |  B2B Payments

Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive...

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Basware Integrates With Amazon Business to Streamline Purchasing
Basware Integrates With Amazon Business to Streamline Purchasing
July 01, 2024  |  B2B Payments

Accounts payable automation and procurement solutions provider Basware announced an integration with Amazon Business. The collaboration is designed to streamline purchasing and procurement for customers,...

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FlexPoint Launches Automated Billing Partnership With Pax8
FlexPoint Launches Automated Billing Partnership With Pax8
June 27, 2024  |  Partnerships

Automated billing and payment solution provider FlexPoint launched a collaboration with cloud commerce marketplace Pax8. The partnership brings FlexPoint’s financial platform to the Pax8 Marketplace,...

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Medius Debuts AI-Powered Accounts Payable Tools
Medius Debuts AI-Powered Accounts Payable Tools
June 27, 2024  |  B2B Payments

Accounts payable (AP) management firm Medius has introduced a pair of artificial intelligence (AI)-powered offerings. Medius Copilot is an AI assistant embedded within the company’s AP automation...

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Airwallex and QuickBooks to Improve Multicurrency Reporting
Airwallex and QuickBooks to Improve Multicurrency Reporting
June 26, 2024  |  B2B Payments

Payments platform Airwallex integrated with financial software provider QuickBooks. The QuickBooks Bank Feed integration lets Airwallex’s customers connect with Quickbooks’ accounting software and sync their...

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