Paystand Blog

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

Recent posts

5 Reasons to Move From QuickBooks to Sage Intacct

Jun 23, 2022 by Sage Thee

QuickBooks has served your needs since day one and still (mostly) gets the job done. So why move from something familiar and functional like QuickBooks to a next-level accounting solution like Sage Intacct? The reasons may be more compelling (and urgent) than you realize:

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5 Methods You Can Use to Reduce Late Payments

Jun 22, 2022 by Julia Duarte

In any industry, maintaining a steady cash flow is essential to running a business. When a company receives consistently late payments, day-to-day operations and overall progress slows down. By understanding why your customers are paying late, you can take steps to create an actionable plan to reduce your number of late payments and thrive as a business.

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Navigating Month End in Sage Intacct

Jun 17, 2022 by Sage Thee

We used to think of the month-end close as an obligation facing every accounting department— but that’s changing.

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5 Reasons to Move From QuickBooks to Sage Intacct

Jun 23, 2022 by Sage Thee

QuickBooks has served your needs since day one and still (mostly) gets the job done. So why move from something familiar and functional like QuickBooks to a next-level accounting solution like Sage Intacct? The reasons may be more compelling (and urgent) than you realize:

Read More

Navigating Month End in Sage Intacct

Jun 17, 2022 by Sage Thee

We used to think of the month-end close as an obligation facing every accounting department— but that’s changing.

Read More

The Top Five NetSuite Features You’re Not Using Enough

Jun 9, 2022 by Sage Thee

NetSuite has thousands of features designed to streamline every step of your financial cycle, from forecasting to reconciliation. The most commonly used NetSuite features are customer management, sales forecasting, and reporting and analytics. But with 1,426 features, it’s to be expected that there will be some stellar ones that don’t quite make your radar. So we gathered up our top five under-utilized NetSuite features and their benefits.

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Everything You Need to Know About Cash Flow Forecasting

Jun 2, 2022 by Sage Thee

What is cash flow forecasting? In its simplest terms, cash flow forecasting is the process of gathering an estimate (or forecast) of a company’s future financial position. Typically based on anticipated payables and receivables, forecasting your cash flow requires estimating your future sales and expenses to get an idea of how your business will be doing financially in the coming months.

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Sage Intacct Brand Refresh: More than just a New Look

May 26, 2022 by Sage Thee

Our partner, Sage Intacct, recently announced that they are refreshing their brand to reflect the changing needs of their customers — and it’s so much more than just a new look for the company. The refreshed brand symbolizes the insights and experiences Sage customers can take advantage of as part of the trusted network for Small and Mid-Size Businesses (SMBs).

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Everything You Need to Know About Decentralized Finance

May 18, 2022 by Sage Thee

What is decentralized finance (DeFi)? Put simply; decentralized finance is the opposite of centralized finance, the pervasive financial structure currently used. Centralized finance depends on a central bank, and a central authority governs the system and often regulates who has and doesn’t have access to it — something referred to as financial gatekeeping.

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Digitizing the Enterprise Cash Cycle

May 5, 2022 by Sage Thee

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. In this three-part post, we’ll be looking at the enterprise cash cycle and what it means to truly modernize your business payments.

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Moving Beyond Traditional B2B Payment Methods

Apr 26, 2022 by Sage Thee

Traditional B2B payment methods work — but with caveats like processing fees and chargebacks. And if you’re running into these things more and more as you process and send payments, it’s time to reconsider your loyalty to a particular method. Improving your B2B payment processes starts here.

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The Merits of using Crypto for B2B Transactions

Apr 21, 2022 by Sage Thee

As we see more and more companies accepting crypto for payments in the B2C space — such as Microsoft, MasterCard, and even Starbucks — we can’t help but wonder what crypto might look like in the B2B space. While the acceptance and use of crypto for B2C transactions is monumental, we think that it can be even better — i.e., crypto being widely accepted and used in B2B transactions.

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Everything You Need to Know About Central Bank Digital Currencies (CBDCs)

Apr 7, 2022 by Sage Thee

We touched briefly on central bank digital currencies (CBDCs) when we broke down the cryptocurrency Executive Order, but if you’re anything like us, that probably left you with even more questions about CBDCs.

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