TPG and Corpay have agreed to acquire AvidXchange, a Charlotte, North Carolina-based provider of accounts payable automation software and payment solutions, in a $2.2 billion take-private deal.

Managing accounts payable (AP) is a vital part of running a business. It involves tracking what a company owes its suppliers ...

The modernization of financial operations is accelerating, and companies that don’t embrace the drive toward automation will ...

We expect narrow-moat Alibaba Health, or AliHealth, to benefit from low saturation in healthcare e-commerce. The business is still in the early phase where it is focused on mass user adoption and ...

The first reconciliation step is gathering all of the relevant financial papers. For this, you will require financial ...

Russian threat actors have been abusing legitimate OAuth 2.0 authentication workflows to hijack Microsoft 365 accounts of employees of organizations related to Ukraine and human rights. The ...

Criminals are hijacking online brokerage accounts in Japan and using them to drive up penny stocks around the world. The wave of fraudulent trading has reached ¥100 billion ($710 million ...

The biggest stories of the day delivered to your inbox.

accounts receivable (like the revenue in our example above), and accounts payable. All accounts payable are actually a type of accrual, but not all accruals are accounts payable. Accounts payable ...

A wave of unauthorized trading has hit online brokerage accounts in Japan, raising concerns that criminal groups may be using the hijacked accounts to manipulate stock prices. The breach came to ...