Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
5 Gaps in NetSuite Accounting (and How to Fill Them)
Dec 7, 2022 by Kelsey Banerjee
For many B2B organizations, Oracle NetSuite is the pinnacle of accounting and operations management software. It does everything.
The Future Beyond Credit Card Fees
Dec 6, 2022 by Sage Thee
Here at Paystand, we believe that the best possible option for businesses is reducing credit card transactions.
What does it mean to be “zero-fee”?
Dec 1, 2022 by Zazil Martinez
Nowadays, every product or service we get usually includes an extra charge. Either for payment processing, using a particular bank card, or other operations. No matter the transaction, no additional fee should increase the original agreed price.
All Blog Posts
SuiteWorld Session Guide
Sep 22, 2022 by Brandon Jones
Headed to SuiteWorld 2022? Us too! With a total of 467 options to choose from, narrowing down which sessions to attend can be an overwhelming task.
Leverage Cloud Accounting to Thrive in a Recession
Aug 12, 2022 by Brandon Jones
The pandemic proved the importance of cloud accounting. Companies that prioritize adopting the cloud have the ability to seamlessly shift to remote work and keep their accounting function running perfectly even when employees aren’t in the office.
What is Dynamic Discounting and Why is it a Big Deal?
Jul 18, 2022 by Brandon Jones
Trading early payment for a discount isn’t a new idea. AP departments have been using the 2/10 net 30 method for a very long time. When implemented properly, the combination of discounts for early payment is a great outcome for both buyer and supplier.
A Bird’s-Eye View of the B2B Payments Landscape
Mar 3, 2022 by Brandon Jones
The B2B payments landscape is jumbled with options, and it can be hard to sort through everything when trying to understand what is going on. That’s why we’re helping you take a step back and giving you a bird’s eye view of the different B2B payment methods, their strengths and weaknesses, and what is lurking on the horizon.
8 Best Practices for Invoicing Clients
Feb 17, 2022 by Brandon Jones
Your invoice process can affect payment time and accuracy. A sloppy payment process can result in lots of headaches, including late and missed payments and even the potential for disputed charges and lawsuits.
How to Save Money on B2B Credit Card Processing Fees
Feb 10, 2022 by Brandon Jones
Unnecessarily high credit card processing fees frequently undercut B2B profits. For any business, these processing fees can drastically cut your profit margins, which can be damaging in highly competitive markets. However, more effective, budget-friendly payment options can help keep processing times short without triggering high fees.
Why You Need an Accounts Receivable Process Flowchart
Jan 25, 2022 by Brandon Jones
Flowcharts are excellent tools to help accounts receivable departments see how their processes work in a visual manner. Not only can they be effective in keeping your team on the same page and training new employees, but they can help you see areas of inefficiency. They are often helpful in pinpointing areas that are ripe for automation or improvement.
5 Must-Know Digital Payment Trends for 2022
Jan 18, 2022 by Brandon Jones
Digital payment trends are continually shifting and growing to meet market needs and demands. What we predicted for the pre-pandemic market is now different from the needs of a world still dealing with COVID-19.
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.