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Accounts Payable Management

Background

Accounts Payable are the payments a business owes to suppliers for goods or services purchased on credit; a type of short-term debt. Accounts payable are often referred to as "payables." The main…

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Payments - Disbursements

Manual AP processes and payment errors are crippling companies

by Kylene Casanova

A survey of US accounting and finance professionals has found that almost half have a payments error rate above 3 per cent for global payables, costing thousands of dollars in payment resolution.

Payments - Disbursements

What opportunities is PSD2 creating for open banking?

by Kylene Casanova

In the run up to the implementation of PSD2, research finds that the regulation is opening up opportunities for banks to provide new corporate services in payments, trade and cash management.

Payments - Receipts at POS

Surge in global payments revenue expected to continue

by Kylene Casanova

A white paper looking at the global e-commerce industry has noted growing bank revenues from the payments business, with mobile and online commerce fuelling this continuing trend.

Payments - Disbursements

Trade misinvoicing costs amount to billions

by Kylene Casanova

Trade misinvoicing is costing government billions of dollars, according to a research paper published by UNCTAD (United Nations Conference on Trade and Development).

Payments - Disbursements

ISO 20022 real-time payment message guidelines published

by Kylene Casanova

ISO 20022 message guidelines have been published following international approval from the senior global registration body, the ISO 20022 Registration Management Group.