Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
How to Increase Solar Revenue (Without Changing Your Business Model)
May 24, 2022 by Kelsey Banerjee
Even before the pandemic brought the supply chain to a grinding halt, the renewable energy sector had been feeling the squeeze. While the cost of installation has dropped by a whopping 60% in the past ten years, the economics around pricing solar energy has been a trickier process.
5 Best Billing Software
May 19, 2022 by Kelsey Banerjee
Let's be honest: Sound billing software is more than sending reoccurring invoices or scheduling a payment reminder. Finance professionals must juggle compatibility with multiple payment gateways, gauge the payment processing time, evaluate cash flow forecasting visualizations, review the customizable invoices options, and pursue expense tracking features.
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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6 Cloud Software Platforms for the Niche Necessity of the Solar Industry
Mar 23, 2017 by Kenzie Earle
In the digital age, companies are continually seeking innovative solutions to boost profits, increase systems efficiency, and achieve greater customer outreach. With heightened public awareness around renewable energy and stricter environmental regulations, solar energy is increasing both in value and demand. According to the Solar Energy Industries Association®, solar energy has experienced a compound annual growth rate of more than 60% in the last decade, largely due to the Solar Investment Tax Credit (ITC). Today, nearly 209,000 Americans work in the solar industry, and that number is expected to increase to more than 360,000 workers by 2021.
The Advantages of Digital/Electronic Lockboxes & Modern Billing Portals
Mar 14, 2017 by Kenzie Earle
In our last article on traditional lockbox services, we learned that though it’s an antiquated method, traditional lockboxes are still the dominant way enterprise businesses transact. There is $550 billion lost while businesses continue to transact manually with other businesses via paper check. You don’t see people clutching their rotary phones after being offered the brilliance and convenience of an iPhone…after learning a bit about what Digital (aka Electronic) Lockboxes offer, you will understand why it’s a payment solution that is finally gaining traction.
Solutions for Slim Margins in the Solar Industry
Jan 12, 2017 by Kenzie Earle
Solar Power & Renewable energy is one of the most promising new technologies of this century to sweep the nation. A positive change to the legacy energy sector, solar aims to improve the environmental impact, lower cost for customers, and provide a new source to the aging grids. With this growth, over the last decade solar has turned into a highly competitive industry, with each company eager to outbid the next to establish brand and become the dominant player as the nascent industry grows. With this competition, the key question as a solar operator becomes how can you adopt a competitive advantage to improve efficiency and lower your costs.
Introducing Blockchain Certified Payments
Oct 26, 2016 by Erica Zeidenberg
Today Paystand, is introducing a completely new way for enterprise payments to leverage the blockchain. For the first time in the industry, Paystand customers have the option to certify and notarize payments on the blockchain (from payment requests & invoices to completed payment receipts) to ensure that the history of payments are secure, auditable, independently verifiable, and free of tampering.
Paystand CEO, Jeremy Almond, accepted into Forbes Finance Council
Oct 19, 2016 by Erica Zeidenberg
Jeremy Almond, cofounder & CEO at Paystand, has been accepted into the Forbes Finance Council, an invitation-only community for senior executives in accounting, financial planning & investment, wealth & asset management, and financial firms.
Top 5 Cloud Software Offerings for B2B Companies
Mar 7, 2016 by Scott Campbell
In the old software model, a B2B company could expect a number of cash flow obstacles from software purchases. After they purchased computers for their employees, they would discover a purchase of Microsoft Office was also required. Later they would need to complete a full purchase of an accounting software. Perhaps they need two copies of an illustration software. This software may even require an IT tech to set them up. Each of these pieces of software may be used a lot at first, followed by not at all for a long stretch of time. This made it difficult to start a business. In today's software model, software can be "rented" as a cloud offering by the month. If the software is not used or not needed, the "rent" can simply be terminated, usually without any penalty. Here are the top 5 cloud offerings that can save a lot of money.
Four Keys to Adding Payments to Your Software Platform
Feb 11, 2016 by Jeremy Almond
It’s been said that “software is eating the world” - and it’s true. Software platforms for businesses (aka B2B software platforms) are proliferating at an accelerating rate, serving a dizzying array of business needs including accounting, project management, time tracking, billing, CRM, and many others. Developers are racing to fill the needs, creating broad-based “generic” platforms as well as highly specialized tools that cater to the specific needs of particular industries. So whether a company sells organic beverages to corner groceries or horse feed for thoroughbreds, there are probably multiple tools available to help them to better manage their business. The abundance of tools creates an imperative for platform providers to continuously add new capabilities to deliver value to their users. Increasingly, B2B software platform providers are turning to payment services as a key area of innovation.
The Top 5 Myths about Accepting Paper Check Payments
Nov 17, 2015 by Scott Campbell
Here in Silicon Valley it’s easy to forget that not every business process has been transformed by tech’s magic wand. Case in point: over half of all business-to-business payments still take place by paper check, sent via snail-mail. Even more surprising is that many of the companies we talk to are perfectly satisfied with a process that works exactly the same as it did 75 years ago. Are check payments a perfect example of “If it ain’t broke, don’t fix it?” Or has the gospel of digital payments just not reached the traditional business world yet?
Blockchain Tech Could Save Global Business $550 Billion Per Year
Aug 31, 2015 by Jeremy Almond
This article originally appeared on CoinDesk.