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)

Fintech Extends Automated Invoice Processing Capabilities to All B2B Transactions
Fintech Extends Automated Invoice Processing Capabilities to All B2B Transactions
May 31, 2024  |  B2B Payments

Financial Information Technologies (Fintech) has expanded its platform’s automated invoice processing capabilities to include all B2B transactions. Previously designed to handle the retail and hospitality...

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How APIs Bridge Modern and Legacy B2B Payment Architectures
How APIs Bridge Modern and Legacy B2B Payment Architectures
May 27, 2024  |  B2B Payments

Businesses, particularly global ones, exist and transact across fragmented payment ecosystems. Just ask any organization about their cross-border growth plans and how it’s going from...

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AI in Commerce: 5 Essential Use Cases for B2B Operations
AI in Commerce: 5 Essential Use Cases for B2B Operations
May 24, 2024  |  artificial intelligence

It’s getting harder and harder to spell innovation without AI (artificial intelligence). And with the news Wednesday (May 22) that Zilliant is integrating generative AI across...

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Flexibility and Choice Move B2B Payments From Monolithic to Modernized
Flexibility and Choice Move B2B Payments From Monolithic to Modernized
May 24, 2024  |  B2B Payments

Life is a matter of choices, and so, too, is business. That’s why, when it comes to B2B payments, accepting (and offering) more options can...

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AvidXchange and MIP Partner on AP Automation for Nonprofits
AvidXchange and MIP Partner on AP Automation for Nonprofits
May 23, 2024  |  Partnerships

AvidXchange and MIP Fund Accounting by Community Brands partnered to provide a fully digitized invoice-to-pay process to nonprofit groups. With this collaboration, AvidXchange’s accounts payable (AP) automation solution has...

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Deloitte and Basware Partner to Deliver AP Automation, eInvoicing Compliance
Deloitte and Basware Partner to Deliver AP Automation, eInvoicing Compliance
May 21, 2024  |  Accounts Payable

Deloitte and Basware have partnered to facilitate accounts payable (AP) automation, touchless invoicing and compliance with eInvoicing regulations for global customers. Together, they will develop...

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Teal Raises $8 Million to Build Accounting Infrastructure for SaaS Businesses
Teal Raises $8 Million to Build Accounting Infrastructure for SaaS Businesses
May 20, 2024  |  Investments

Teal raised $8 million in seed funding to build its accounting infrastructure for vertical software-as-a-service (SaaS) businesses. The company’s APIs and tools allow these businesses to...

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Government Mandates Will Force Business Payments Modernization
Government Mandates Will Force Business Payments Modernization
May 20, 2024  |  B2B Payments

Change is inevitable, and businesses that initiate change have the best opportunity to manage it. That’s why embracing payments modernization is so important for organizations, particularly with...

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Fifth Third and Bottomline Debut Enhanced Payables Tool
Fifth Third and Bottomline Debut Enhanced Payables Tool
May 14, 2024  |  Partnerships

Fifth Third Bank is working with business payments provider Bottomline to offer new payment options. The companies debuted of Enhanced Payables — powered by Bottomline and its business payments network, Paymode-X — designed...

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