Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
9 Types of NetSuite Keyboard Shortcuts You Need to Know
Sep 22, 2023 by Zazil Martinez
Speed up and improve your NetSuite experience by using important keyboard shortcuts. You can use them when searching for data, speeding up data entry, or navigating reports. Make your work faster and easier by using these nine NetSuite keyboard shortcuts.
Push-to-Card (P2C) Payments | B2B Finance Glossary
Sep 21, 2023 by Zazil Martinez
What is a Push-to-Card (P2C) Payment? A push-to-card (P2C) payment – also known as a push payment, a digital disbursement, or a debit card disbursement – is a type of payment solution that allows a cardholder to send or, in other words, “push” money to another cardholder. This is the opposite of a pull payment, which enables funds to be pulled from one account and sent to another. In a pull payment, the payee is authorized to collect or “pull” money from another account and move it to their account. In this way, payers are not responsible for moving funds themselves, and they allow payees to take money from their accounts automatically – something that contrasts with push-to-card payments.
Payment Failure | B2B Finance Glossary
Sep 21, 2023 by Zazil Martinez
What is a Payment Failure? A payment failure is when a payment being made from one party to another doesn’t go through. Payments can fail for many different reasons. While many payment failures result in the loss of legitimate business, some payment failures are for a good reason and actually work to minimize the possibility of fraudulent transactions.
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It's Time to Move from QuickBooks to NetSuite
Aug 10, 2022 by Sage Thee
QuickBooks has been one of the leading accounting softwares for almost forty years for a reason — it's easy to use and fast to set up, and it gets the job done. However, all successful businesses inevitably outgrow QuickBooks at some point.
How to Navigate the NetSuite Marketplace
Aug 9, 2022 by Kelsey Banerjee
An ERP system is crucial for any accounting team, and Oracle NetSuite is one of the most trusted solutions on the market. But like any other ERP, the NetSuite platform requires a marketplace of third-party apps to better serve its users.
5 Best Resources in the Sage Intacct Learning Center
Aug 4, 2022 by Sage Thee
From the comprehensive quarterly updates that come free for all users to the long list of integrations with other leading business tools, Sage Intacct goes above and beyond. It’s one of the leading financial management platforms on the market, especially for growing and mid-market companies wanting to replace their current accounting software (often QuickBooks) with something more capable and cloud-based. But Sage Intacct is also one of the top options on the market in terms of teaching users how to master everything the platform has to offer.
Welcoming Yaydoo to the Paystand Team, and why this Fusion of Companies Offers Businesses Optimism Amid Economic Uncertainty
Aug 3, 2022 by Jeremy Almond
(hint: by enabling faster and cheaper access to much-needed working capital across US and LATAM, this deal unifies AP, AR, and Payments across all of the Americas, over the largest commercial blockchain network, bringing radically better economics and efficiencies to more businesses around the globe)
The Sage Intacct Marketplace: Your Shortcut to Digital Transformation
Jul 28, 2022 by Sage Thee
Sage Intacct is one of the leading financial management platforms on the market, giving users a complete, cloud-based solution for all things related to accounting and finance. But that’s just the start.
Bundling up with Blockchain for the Crypto Winter
Jul 27, 2022 by Sage Thee
Amid the crypto downturn, SEC threats, and about a 75% drop in BTC value since November 2021, many are painting everything related to crypto with the same brush. Besides plummeting crypto exchanges, NFT-based art values are plunging, and even DeFi has been called into question.
7 Must-Have Features for Streamlining Payments in NetSuite
Jul 26, 2022 by Kelsey Banerjee
With over 31,000 customers worldwide, Oracle NetSuite is one of the leading ERPs for accounting teams looking to streamline their payment processing. But there's one problem: Transfering manual processes from paper to the cloud is not enough.
The Paystand Ethos
Jul 19, 2022 by Sage Thee
Paystand was born in 2013 from one singular, seemingly crazy idea: to rebuild the commercial finance system from the ground up. After witnessing the worst of the Great Recession between 2007 and 2009, co-founder and CEO Jeremy Almond set out on his mission to reboot our legacy payment system. Why? It’s simple — he didn’t want anyone to experience what his family and millions of other Americans went through in those tumultuous two years. So, together with his friend Scott Campbell — our other co-founder and Head of Solutions & Services — the two of them set out to build a better commercial financial system with no fees, no paper, and an open industry. Who says you shouldn’t start a business with your friends?
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.
Paystand Launches the World’s First AR-Centric Dynamic Discounting Application, Powered by Blockchain Smart Contracts
Jul 18, 2022 by Sage Thee
Scotts Valley, Calif. – July 14, 2022 – Paystand, the leader in blockchain-enabled B2B payments, today launched the world’s first dynamic discounting application designed for seller accounts receivable (AR) teams and powered by Ethereum smart contracts. This is the first solution to enable seller AR teams to offer buyer accounts payable (AP) teams dynamic early payment discounts. Early payment discounts incentivize buyers to pay sooner and give Paystand AR teams earlier access to cash, reducing days sales outstanding (DSO). More than 400,000 buyer AP teams using the Paystand payments network can start reaping the benefits of early pay discounts and faster payment using blockchain-powered smart contracts technology.