The Four Pillars of Modern B2B Payments

Creating a modern B2B payments experience comes down to one idea: transactions should be frictionless.

There's no reason a customer should worry about how much they're being charged or whether a transaction is secure. Vendors shouldn’t spend time thinking about what payment methods to accept, how quickly they'll receive payment, or how to integrate those payments into their overall cash cycle. All of those things should be automatic.

Continue Reading

Eduardo Lopez on July 9, 2019

payments-as-a-service, blockchain, Digital Payment, automation

Paystand Hires Former Tipalti Chief Revenue Officer to Lead Sales

Payments-as-a-Service leader adds former Tipalti senior executive to spearhead sales and drive another year of explosive growth.

SCOTTS VALLEY, Calif., June 20, 2019 — Paystand, the digital B2B payment network for the future of commercial finance, today announced Mark Hassin as its new Senior Vice President of Sales.

Continue Reading

Mark Fisher on June 21, 2019

Executive Team, People

Paystand Announces Automated Receivables Product to Further Streamline Enterprise Payments

Collections Automation Product Goes Far Beyond Simple Email Contact, Using Blockchain Technology to Maximize Employee Time and Streamline the Payments Process

Continue Reading

Mark Fisher on April 10, 2019

How to Digitize the Enterprise Cash Cycle, Part 3: Reconciliation

Does anyone really look forward to the month-end accounting close process? Given how long it takes, it’s really hard to imagine that the answer is “yes.” Estimates on how long month-end close takes range from barely manageable to incredibly arduous:

Continue Reading

Scott Campbell on April 9, 2019

Payments, ERP, Payment Solutions, AR, automation, Business Process Management

Accounts Receivable Automation with PayStand Drives Capital Efficiency and Lowers Costs for Elenteny Imports

Here at PayStand, we pride ourselves on being the most flexible B2B payment platform available for growing businesses. When we engage with a new customer, our goal is to help the business automate manual processes and digitize their enterprise cash cycle in a flexible, customizable way.

Continue Reading

Mark Fisher on April 2, 2019

Accounts Receivable, Finding Efficiency, B2B Payments, netsuite, AR digitization, Customer Success

How to Digitize the Enterprise Cash Cycle, Part 2: Payments

In our previous post, we talked about the importance of looking at the enterprise cash cycle as a whole to get a better understanding of how it functions today. Armed with an informed perspective on all parts of the process, business leaders can then recommend changes to optimize revenue.

Continue Reading

Scott Campbell on March 14, 2019

Payments, Payment Solutions, AR, automation, Business Process Management

Vegas Here We Come For SuiteWorld 2019!

SuiteWorld is upon us again and the team at PayStand is excited to announce our sponsorship of this year’s event as an Emerging Partner. Like last year, Oracle NetSuite SuiteWorld will be held in Las Vegas, Nevada, taking place April 1st through April 4th at the Sands Expo and Convention Center. Last year, the event boasted a crowd of over 7,000 attendees and we’re looking forward to meeting even more this year.  

Continue Reading

Mark Fisher on March 11, 2019

PayStand News, B2B Payments, netsuite, suiteworld, RevOps

How to Digitize the Enterprise Cash Cycle, Part 1: Invoicing

Digitizing the enterprise cash cycle is a complex undertaking. Some companies avoid it entirely for fear of losing customers or incurring operational expenses. Others attempt it in an effort to save time and reduce costs, but regularly miss the mark. To kick off 2019, we’ll be taking a look at the enterprise cash cycle and what it means to truly modernize your business relative to payments.

Continue Reading

Scott Campbell on January 18, 2019

e-invoicing, Payment Solutions, AR, automation, Business Process Management

“Going Digital” Means More Than Just Accepting Credit Cards

What does accepting credit card payments really mean for your business?

To some companies, credit card payments translate to expansion into new markets. To others, credit card processing signals unaffordable transaction fees or more complex technical integrations. Fill in the blank with your own answer.

But the one thing credit cards definitely don’t mean: that the business has joined the digital era just by virtue of accepting them as a method of payment.

Continue Reading

Mark Fisher on November 29, 2018

Paper Checks Are On the Decline in the B2B Payments Space

Making it easy for customers to pay their bills is a key component of any successful company. Because really, if you can’t collect payments, how will your business survive? For many B2B companies, this means accepting paper checks as the predominant method of payment. And once you start, it’s really hard to convince yourself that customers will pay any other way.

Continue Reading

Mark Fisher on October 30, 2018