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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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).
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/Payment 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.
Calculating Accounts Receivable: Cash Method vs. Accrual Method
May 17, 2022 by Kelsey Banerjee
When it comes to financial management, knowing how your business will record payments and expenses is the cornerstone of every transaction. Without this essential bit of information, you can kiss even partially-accurate cash flow projections goodbye.
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.
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 Payments.
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.