Paystand Blog

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

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2021’s best practices for Sage Intacct payments

Sep 23, 2021 by Mark Fisher

Whenever an organization invests in a new technology, especially one that deals with receiving payments, it’s critical to understand best practices to maximize the return on that investment. Accounts receivable and invoicing practices are such foundational aspects of a successful business that best practices are even more important.

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2021's best practices for NetSuite payments

Sep 21, 2021 by Kelsey Banerjee

As the ERP of choice for over 27,000 organizations worldwide, NetSuite isn’t going away anytime soon. And, if you’re reading this article, then you're probably one of those thousands of accounting professionals that trust Oracle’s tried and tested software.

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5 easy ways to reduce your DSO

Sep 16, 2021 by Mark Fisher

All businesses must find ways to effectively manage accounts receivable (AR) to stay financially viable. Days sales outstanding (DSO) is an age-old metric that’s used to help companies gauge how well they’re doing just that. As you probably already know too well, when DSO is too high, businesses can struggle with poor cash flow and unpaid debt, which means less liquidity for things like expansion and investment.

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2021’s best practices for Sage Intacct payments

Sep 23, 2021 by Mark Fisher

Whenever an organization invests in a new technology, especially one that deals with receiving payments, it’s critical to understand best practices to maximize the return on that investment. Accounts receivable and invoicing practices are such foundational aspects of a successful business that best practices are even more important.

Read More

2021's best practices for NetSuite payments

Sep 21, 2021 by Kelsey Banerjee

As the ERP of choice for over 27,000 organizations worldwide, NetSuite isn’t going away anytime soon. And, if you’re reading this article, then you're probably one of those thousands of accounting professionals that trust Oracle’s tried and tested software.

Read More

5 easy ways to reduce your DSO

Sep 16, 2021 by Mark Fisher

All businesses must find ways to effectively manage accounts receivable (AR) to stay financially viable. Days sales outstanding (DSO) is an age-old metric that’s used to help companies gauge how well they’re doing just that. As you probably already know too well, when DSO is too high, businesses can struggle with poor cash flow and unpaid debt, which means less liquidity for things like expansion and investment.

Read More

The definitive guide to B2B payments

Sep 14, 2021 by Kelsey Banerjee

While consumer payments have transitioned to a fully digital landscape, today, 64% of businesses are still paying by check. But all of that is changing fast.

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Moving from QuickBooks to NetSuite? Get the best practices guide

Sep 9, 2021 by Kelsey Banerjee

So, you’ve decided to switch from QuickBooks to NetSuite. As your business scales, it’s clear that now’s the time to make the transition to a more comprehensive platform to better support your growing team.

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5 things you should know before paying for a lockbox service

Sep 7, 2021 by Kelsey Banerjee

For decades, bank lockboxes have provided accounting departments access to a seemingly efficient way to process checks. Without a bank lockbox, your team would waste even more time opening mail, coding checks, matching them, and recording payments.

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How to integrate digital payments into Magento

Sep 2, 2021 by Mark Fisher

From the first recorded digital payment in 1994, the movement of money throughout the global economy has undergone tremendous developments and changes. While the vast majority of consumers have paid for goods and services online with credit cards or bank transfers, today, the concept of money is still evolving as cryptocurrencies continue to see widespread adoption. Whole industries have grown up around blockchain technology, cybersecurity services, biometric authentication, and more.

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How to choose a B2B payment processor

Aug 31, 2021 by Mark Fisher

An accounts receivable and accounts payable department should work as a well-oiled machine for setting the cash flow tone in a business. Figuring out how the money could move more efficiently is at the top of every CFO’s list, and that includes finding the right payment processor for his or her team and customers.

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The complete guide to NetSuite invoicing

Aug 26, 2021 by Mark Fisher

For most businesses, their primary reasons for investing in an ERP system like NetSuite are cost savings, performance metrics, and improving efficiencies in accounting.

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The definitive guide to Sage Intacct invoicing

Aug 24, 2021 by Mark Fisher

Today’s business leaders face one of the fastest, most competitive commercial landscapes in history. Both technology and consumer expectations are accelerating at a phenomenal pace and, as a result, the organizations that can get operational structures such as accounting and invoicing systems more streamlined and as efficient as possible will have a significant competitive advantage.

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