Accounts payable

Accounts payable is the total a business owes its suppliers and vendors for things it has already received but not yet paid for — the bills sitting in the outbox.

How it works

• A supplier delivers goods or work and sends an invoice, usually on terms like Net 30.
• The amount lands in accounts payable as a liability until it clears.
• When the payment goes out, the balance drops and the invoice is marked settled.

Payables are the mirror image of accounts receivable: one business’s payable is the other’s receivable.

Why it matters

AP is where cash timing gets decided. Pay too early and you give up float you could have kept; pay too late and you lose supplier goodwill and rack up late fees. Duplicate or inflated invoices slip through here too, quietly draining a business that isn’t checking every line.

How Fynex does it

Fynex reads incoming invoices and flags duplicates, errors and rate drift before they get paid, then routes each payout to the cheapest rail and verifies the beneficiary first. Working Capital times each payment to catch early-payment discounts and dodge late fees — so your payables work for your cash floor, not against it.