Paystand Blog

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

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5 Financial Resolutions to Kickstart the New Year

Dec 6, 2023 by Zazil Martinez

Discover the essentials to thrive in the new year. From streamlining expenses to embracing digital payments, we provide actionable steps for success. Join us in securing a resilient financial future.

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Learning from Silicon Valley Bank's 2023 Mistakes

Nov 30, 2023 by Zazil Martinez

In the fast-paced world of finance, Silicon Valley Bank's collapse in 2023 sent shockwaves through the industry. In this retrospective, we will examine what caused the downfall, how it affected things, and what we can learn.

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7 Expert Invoicing Tips That Can Help You Get Paid Faster

Nov 28, 2023 by Zazil Martinez

Gear up for year-end by accelerating your invoice payments. Go digital with electronic invoices, automate collections, and offer early payment perks. Save time and improve cash flow with these expert tips.

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5 Financial Resolutions to Kickstart the New Year

Dec 6, 2023 by Zazil Martinez

Discover the essentials to thrive in the new year. From streamlining expenses to embracing digital payments, we provide actionable steps for success. Join us in securing a resilient financial future.

Read More

Learning from Silicon Valley Bank's 2023 Mistakes

Nov 30, 2023 by Zazil Martinez

In the fast-paced world of finance, Silicon Valley Bank's collapse in 2023 sent shockwaves through the industry. In this retrospective, we will examine what caused the downfall, how it affected things, and what we can learn.

Read More

7 Expert Invoicing Tips That Can Help You Get Paid Faster

Nov 28, 2023 by Zazil Martinez

Gear up for year-end by accelerating your invoice payments. Go digital with electronic invoices, automate collections, and offer early payment perks. Save time and improve cash flow with these expert tips.

Read More

Surcharging: A State-by-State Guide

Nov 27, 2023 by Zazil Martinez

Can businesses surcharge customers for credit card payments to compensate for processing fees? It depends.

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Assessing the Health of your Accounts Receivable with Sage Intacct

Nov 24, 2023 by Zazil Martinez

In uncertain times, securing your Accounts Receivable is vital. Paystand integration with Sage Intacct offers crucial insights and metrics for AR health that help reduce operational costs by 50%.

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Potential Challenges for AR in 2024

Nov 23, 2023 by Zazil Martinez

In 2024, AR departments will face many challenges. Beyond collecting payments, smart AR management safeguards a company's financial health. Stay ahead by investing strategically to navigate the evolving financial landscape.

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The Future of Finance: Sage Intacct's AR Automation Revolution

Nov 22, 2023 by Zazil Martinez

CEOs face tech challenges streamlining operations. Paystand and Sage team up for a game-changing "Venmo-for-business" solution, using blockchain to simplify B2B payments. Say goodbye to high fees and old systems.

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Wire Transfer vs. Direct Deposit — the Pros and Cons of Each

Nov 21, 2023 by Kelsey Banerjee

A substantial advantage of online business is offering our customers many payment methods. But two methods stand out regarding security, convenience, and cost-effectiveness: wire transfer and direct deposit. These two payment options have so much in common that it's easy to confuse them. The similarities are stark, as each is a mode of electronic funds transfer that deals directly with financial institutions. However, understanding the differences can help you and your AR team determine whether direct deposit payments or wire transfers (or both) make the most sense for your business. Read on for all the necessary information, including the pros and cons and when to choose one.

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Unlocking Success: Sage Intacct Month-End Guide

Nov 17, 2023 by Zazil Martinez

Explore how Sage Intacct's reporting and integrations herald a new era of financial management. It offers a 79% reduction in close time and lays the groundwork for a closing process that redefines industry standards.

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The Role of Artificial Intelligence in AR Automation

Nov 15, 2023 by Zazil Martinez

Incorporating Artificial Intelligence (AI) into AR represents a notable financial evolution. From predictive analytics to intelligent payment processing, AI's applications will transform AR. As AI evolves, its integration into AR promises to bring more efficiency and profitability to businesses worldwide.

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"Since working with Paystand, we’ve saved almost 20 hours of work a week."

See how Motorola reduced costs by 16%.
SOFIA MITCHELL

Accounting Analyst

"Real-time updates and analytics have made it easier to forecast and budget cash flow."

See how Thumbtack reduced their DSO by 40%
CHAD BELLO

Revenue Accounting Manager

“We found Paystand so easy to use; their embedded payment links in our invoices are simple for customers. Our clients and vendors are no longer confused at the critical moment when they’re ready to pay.”

See how Allterra reduced their costs by 51%
JAMES ALLEN

CEO

"Paystand allows us to free up resources, reduce costs, and expedite payments with real-time posting of transactions. It gives us the ability to grow with confidence that our AR process is equipped to handle the pace of our business."

See how Covetrus decreased 98% in Per-Transaction Fees
KRISTEN PARISIEN

Controller, Global Prescription Management

“The Paystand platform has done exactly what we expected it to do. We’re thrilled that the results aligned with our expectations. We’re operating as a well-oiled machine.”

See how Choozle decreased 50% in late receivables
AJ HEFFERNAN

Director of Finance & Operations

“It’s almost creepy how easy Paystand makes my job. It’s unbelievable how automated it is. It’s been an even better experience than we anticipated. . . We just fully trust Paystand.”

See how Edgewood decreased 60% in transaction fees
JOHN DYBWAD

Vice President of Finance & Budget