Paystand Blog

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

Recent posts

The Transformation of Digital Payments from Legacy Payments

Jan 13, 2022 by Brandon Jones

As businesses become more tech-savvy, so must their business process. This is true for B2B payments, where a digital transformation is currently underway. And it’s all for the better—there are numerous benefits to switching to digital payments.

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9 Software Tools for Startups

Jan 6, 2022 by Brandon Jones

Establishing a startup company can be an exciting and stressful venture. You’re probably concerned with mounting expenses, marketing challenges, and employee worries. Finding the right set of software for your startup can be a great way to mitigate some of those challenges in an affordable and easy manner.

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Top Accounts Receivable Challenges for 2022

Jan 4, 2022 by Kelsey Banerjee

Accounts receivable management protects the cash flow of its organization - but in 2021, businesses worldwide faced extreme challenges due to supply chain shortages and asynchronous lockdowns. Customer relationships were strained as vendors attempted to delay payments, and AR teams worked to bring more cash in.

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The Transformation of Digital Payments from Legacy Payments

Jan 13, 2022 by Brandon Jones

As businesses become more tech-savvy, so must their business process. This is true for B2B payments, where a digital transformation is currently underway. And it’s all for the better—there are numerous benefits to switching to digital payments.

Read More

9 Software Tools for Startups

Jan 6, 2022 by Brandon Jones

Establishing a startup company can be an exciting and stressful venture. You’re probably concerned with mounting expenses, marketing challenges, and employee worries. Finding the right set of software for your startup can be a great way to mitigate some of those challenges in an affordable and easy manner.

Read More

Top Accounts Receivable Challenges for 2022

Jan 4, 2022 by Kelsey Banerjee

Accounts receivable management protects the cash flow of its organization - but in 2021, businesses worldwide faced extreme challenges due to supply chain shortages and asynchronous lockdowns. Customer relationships were strained as vendors attempted to delay payments, and AR teams worked to bring more cash in.

Read More

The 6 Benefits of Real-Time Payments for You and Your Clients

Dec 28, 2022 by Brandon Jones

Cash, check, and credit payments are becoming less and less popular every year. Each has its downfalls, including slow processing times and high transaction fees. With the boom in online retail commerce and smart devices, the benefits of real-time payments are proving to be the smarter way forward. Just looking for the ebook? Get it here

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A Quick Guide to Understanding Accounts Receivable Management

Dec 20, 2021 by Daniella Bourguetts

Accounts receivable (AR) management is an important part of maintaining healthy cash flow. Having a streamlined and efficient AR process prevents your existing capital from going to waste, which puts your business in a better position to reduce debt, lower costs, drive growth and outperform your competitors.

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6 Ways Your Accounts Receivable Management Platform Needs Improvement

Dec 16, 2021 by Brandon Jones

Accounts receivable management platforms can be amazing tools for managing AR if they’re used correctly. They help improve efficiency, streamline the payment process, and save you time. But, as helpful as they are to improving your accounts receivable processes, they also have their shortcomings.

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A Review of B2B Payments in 2021

Dec 14, 2021 by Kelsey Banerjee

The pandemic and related lockdowns accelerated digital payments adoption in 2020, but as economies began to reopen in 2021, new challenges to business operations and payments emerged. Supply chain disruptions and reopenings prompted businesses to reevaluate their workflows once again.

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Virtual Credit Cards: Why B2B Companies Should Be Using Them

Dec 9, 2021 by Brandon Jones

There’s no doubt about it: we live in a virtual world. Although virtual technologies have been developing for years, the recent global pandemic accelerated its widespread acceptance in just about every aspect of our daily life. It’s no wonder that business-to-business payment options are now making the shift to virtual credit cards as well.

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8 resources to scale your NetSuite skills

Dec 7, 2021 by Kelsey Banerjee

Oracle's NetSuite is one of the top ERPs for AR departments worldwide, and it's no surprise. ERP solutions like Netsuite have been proven to boost processes for 95% of businesses. But picking and installing a chosen platform is only the first step.

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What is a Bank Lockbox Service and How is it Used for Payments

Dec 2, 2021 by Eduardo Lopez

Across the cash management process, bank lockbox services have been around for decades as a way for treasury and finance teams to improve their receivables process for checks and other payments sent through the mail. But in today's digitally connected internet economy, alternatives to traditional lockbox services have emerged.

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