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

New Study: Half of US Businesses’ Invoices Become Overdue

New Study: Half of US Businesses’ Invoices Become Overdue
New Study: Half of US Businesses’ Invoices Become Overdue
May 18, 2022  |  B2B Payments

Capital management is a constant challenge for all types of businesses, requiring them to invest vast sums to manage cash flow, accounts payable (AP), accounts...

READ MORE >
Balance Sheet Management Pressures Push 75% of CFOs to Digitize Payments
Balance Sheet Management Pressures Push 75% of CFOs to Digitize Payments
May 18, 2022  |  Digital Payments

Businesses spent years and many millions of dollars modernizing their payments technology stack to handle the rapidly expanding volume and demand for faster payments that...

READ MORE >
Today in B2B: TurnKey Lender, VoPay Partner on Digital Lending; TreviPay, Companynet Team on Trade Credit Program
Today in B2B: TurnKey Lender, VoPay Partner on Digital Lending; TreviPay, Companynet Team on Trade...
May 17, 2022  |  B2B Payments

Today in B2B payments, TurnKey Lender and VoPay collaborate to digitize lending, while TreviPay and Compaynet partner on trade credit. Plus, cryptocurrency treasury management platform...

READ MORE >
PYMNTS Intelligence: Projected 4x Surge in Digital Invoicing Demands Automation
PYMNTS Intelligence: Projected 4x Surge in Digital Invoicing Demands Automation
May 17, 2022  |  Accounts Payable

As businesses continue their digital transformations in the pandemic’s after­math, digitization of business-to-business (B2B) processes still has some catching up to do. One of the...

READ MORE >
Invoice Simplicity Smooths Buyer/Supplier Relationships
Invoice Simplicity Smooths Buyer/Supplier Relationships
May 16, 2022  |  Accounts Payable

Inefficient invoicing systems in the construction industry can mean missed deadlines, cost overruns and schedule delays. In the "AP Automation Tracker," Shep Hickey, CEO and...

READ MORE >
AP Automation Tracker: Finance Leaders Say AP Operations Can’t Sustain Growth
AP Automation Tracker: Finance Leaders Say AP Operations Can’t Sustain Growth
May 13, 2022  |  Accounts Payable

Almost 4 out of every 5 finance leaders in the U.S. and U.K. believe their firms’ accounts payable (AP) operations can’t sustain continued growth, with...

READ MORE >
Automated Invoicing Breaks Ground in the Construction Industry
Automated Invoicing Breaks Ground in the Construction Industry
May 13, 2022  |  Accounts Payable

While many businesses have fully digitized their consumer-facing operations, they still have a lot of work to do in transforming their business-to-business (B2B) processes. A...

READ MORE >
The Data Point: 82% of SMBs Interested in All-in-One Platforms to Receive Payments
The Data Point: 82% of SMBs Interested in All-in-One Platforms to Receive Payments
May 12, 2022  |  SMBs

Small- to medium-sized businesses (SMBs) keep pulling through the pandemic heroically and taking digital steps to improve many aspects of their operation, but the back...

READ MORE >