Paystand Blog

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.

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.

Jul 29, 2021 by Kelsey Banerjee

With 92.6% of businesses reporting late payments among B2B customers in the US alone, CFOs and controllers need more than a financial ERP to reduce their DSO. A payments app integrated with your Sage Intacct instance is one of the easiest ways to automate your AR department’s payment process and improve your cash flow, but it can be challenging to decide on the best option – especially if you use Sage Intacct.

Aug 11, 2020 by Kelsey Banerjee

If your payment system isn't processing payments fast enough to keep up with expenses, the entire organization comes to a standstill. Automated payment solutions expedite the payment process and provide a stellar customer experience. But there are many other benefits to automated payment systems, as well.

Jul 29, 2020 by Kelsey Banerjee

Aug 21, 2019 by Kelsey Banerjee

Managing accounts receivable is one of the most essential parts of any business. One wrong move, and you're dealing with unhealthy cash inflows, unpaid invoices, and bad debt. Whether you're a CFO thinking about financial strategy or a controller focused on managing internal controls and processes, tracking your Days Sales Outstanding (DSO) is high on your radar.