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Accounts payable vs. accounts receivable: What are the differences?

ThomsonReuters

Accounts payable and accounts receivable are opposite but interconnected procedures. When accounts payable and accounts receivable are in balance, a business can plan ahead for growth. For business owners, a working knowledge of both accounts payable and accounts receivable is necessary to sustain business operations.

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RTP Picks Up Pace With Corporates, While CBDCs Raise Banker Doubts

PYMNTS

Modern Treasury Raises Funding To Accelerate B2B Payments. With $38 million in fresh funding , accounts payable (AP) solution provider Modern Treasury is looking to further accelerate B2B payments. trillion in B2B transactions in the U.S. Noting that more than $18.5 Pakistan Preps Instant Payment System.

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Investors Haven’t Forgotten About Alternative SMB Finance

PYMNTS

This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week. million in new funding this week, $11.8 But every few weeks, the industry roars back with an impressive investment streak.

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The ePayments Way To Compliance

PYMNTS

“The risk exposure varies greatly,” the senior manager of fund accounting strategy for Abila told PYMNTS. Abila recently rolled out updates to its nonprofit accounting software offerings with these trends in mind. Just like any organization, accounting has to be efficient, accurate and compliant.

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Kittrell Payroll Cards Offer Access To Wages Before Payday

PYMNTS

Funds are provided to the employer to pass onto the payroll cards, Kittrell explained. Fees associated with the solution are charged via the employer’s InstantWage Master Funding Account. Financial stress, the companies noted, not only affects employees.

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Australian Small Business Retirement Payments Stuck By System Glitch

PYMNTS

An estimated 19,000 transactions by small businesses, which are a more tax-efficient way for employees to build up retirement savings, were stuck in the “waiting for payment” mode, reports said, while some employers said the initiated payments never actually landed in employee super accounts.

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Cybersecurity Squashes B2B Startup Funding Competition

PYMNTS

Alternative finance apparently won’t stop catching the attention of investors — at least, not any time soon, if this week’s B2B venture capital roundup is any sign. The industry landed $90 million in funding, accounting for four out of the 10 funding rounds announced by B2B startups. CrowdStrike.

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