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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B2B Payments Explained - What are B2B Payments and How to Employ Them
Apr 12, 2022 by Kelsey Banerjee
Payment methods have evolved to support several different consumer and business needs over the past decade.
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.
Paystand's DeFi Corporate Card Media Round Up
Apr 5, 2022 by Sage Thee
We recently launched our DeFi Corporate Card, offering increased spend management tools and native Bitcoin rewards on every dollar you spend. Our CEO and founder, Jeremy, wrote an excellent tweet thread about it:
7 B2B DeFi Use Cases for Finance Departments
Mar 31, 2022 by Kelsey Banerjee
For years, decentralized finance (DeFi) has applied mainly to B2C transactions. Investors or individuals would load up their crypto wallets with Bitcoin or Ethereum or Doge tokens and hope for a rapid and dramatic increase in asset value. And while decentralized ledgers have been used since the 1980s for some B2B projects, DeFi didn't take off until years later.
The B2B Payment Processing Process
Mar 25, 2022 by Kelsey Banerjee
Optimizing B2B payment processing can seem impossible when so many factors are outside of a company's control. But sticking to legacy systems isn't working, either. Manual processes are unnecessarily complicated and labor-intensive. For example, manual follow-ups for overdue invoices alone take 67% more time than automated processes. And while over half of B2B organizations plan to switch to digital payments, navigating a long-term B2B payment solution is more than just accepting ACH or credit cards.
Breaking Down the Cryptocurrency Executive Order
Mar 17, 2022 by Sage Thee
On March 9th, President Biden enacted the Executive Order on Ensuring Responsible Development of Digital Assets. You’ve probably seen a tweet thread or two about it, or perhaps this PYMNT’s article. However, you may still be wondering, like me, what does this mean for crypto? Is this a good thing or a bad thing?
An Introduction to DeFi
Mar 15, 2022 by Kelsey Banerjee
Decentralized finance (DeFi) payments are on the rise.
Are Paper Payments Slowing Your Supply Chain?
Mar 10, 2022 by Sage Thee
Recent pandemic issues have had a big effect on the supply chain. You might not know that paper payments in your supply chain are slowing down your entire chain, too. Learn more about why companies choose to use paper payment processes and why they are a bad idea to keep as part of your supply chain.
Guide to Microsoft Dynamics for Finance Teams
Mar 8, 2022 by Kelsey Banerjee
Out of the abundance of enterprise resource planning (ERP) systems, Microsoft Dynamics continues to hold its share of market dominance, partly because of customer familiarity with Microsoft Office, but largely because they are a trusted and innovative solution. The Dynamics platform is a powerhouse that breaks down silos and empowers AR professionals to drive business growth for financial operations.
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.