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 Payments: 40% Are Made With Paper Checks 

B2B Payments: 40% Are Made With Paper Checks 
B2B Payments: 40% Are Made With Paper Checks 
March 15, 2022  |  B2B Payments

Many firms are hunting for solutions to help them optimize their accounts receivable (AR) and accounts payable (AP) processes to meet their new digital needs,...

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Buyers, Suppliers Lean Into Automation to Reduce Payments Frictions
Buyers, Suppliers Lean Into Automation to Reduce Payments Frictions
March 15, 2022  |  B2B Payments

Not everybody enjoys negotiation. In the business-to-business (B2B) space, buyers and suppliers often experience friction when negotiating which forms of payment the supplier will accept. Get...

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Bridging the Spend Management Visibility/Data Gap
Bridging the Spend Management Visibility/Data Gap
March 11, 2022  |  Spend Management

It’s hard for businesses to hold teams accountable for their spend if they don’t have the data. Without knowing the numbers, they can’t ask the...

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Today in B2B: Stilt and notch Debut New Products; Big Companies Are Best at Digitizing Business Payments
Today in B2B: Stilt and notch Debut New Products; Big Companies Are Best at Digitizing...
March 10, 2022  |  B2B Payments

Today in B2B payments, restaurant supply chain marketplace notch introduces a B2B payment platform, and Stilt launches a credit platform after a $14 million fundraising...

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Large Companies Lead the Way in Making Business Payments Digital
Large Companies Lead the Way in Making Business Payments Digital
March 10, 2022  |  B2B Payments

Chief financial officers (CFOs) say digitizing their accounts receivable (AR) and accounts payable (AP) functions is integral to modernizing their payments operations and improving balance...

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AP Automation Frees Teams to Think Strategically When Fighting Payments Fraud
AP Automation Frees Teams to Think Strategically When Fighting Payments Fraud
March 08, 2022  |  Cybersecurity

While many businesses made the shift to digital during the pandemic, some — too many, in fact — are still relying on paper-based accounts payable...

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‘The Great Resignation’ Roils Healthcare Payments
‘The Great Resignation’ Roils Healthcare Payments
March 04, 2022  |  Healthcare

Automation handles large tasks quickly and accurately. It’s especially effective when there’s not enough humans to tackle big challenges like accounts payable (AP) in the...

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Peeling Back the Digital Payments ‘Onion’ is Critical to Maximizing Cash Flow
Peeling Back the Digital Payments ‘Onion’ is Critical to Maximizing Cash Flow
March 04, 2022  |  B2B Payments

“At a certain point in the evolution of any business,” Corcentric President and Chief Operating Officer Matt Clark mused, “digitization becomes necessary.” Get the Full...

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