Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
How to Find the Best AR Automation Software for Your Business
Feb 23, 2024 by Zazil Martinez
Finance professionals always search for ways to enhance efficiency and streamline financial operations. One powerful solution to address these challenges is finding the best AR automation software. But what exactly does this mean for CFOs and finance teams? Imagine that tedious tasks of manual invoicing, chasing payments, and reconciling accounts are in the past. The best AR automation software offers a solution that automates and optimizes accounts receivable management. This lets finance professionals focus on strategic initiatives rather than mundane administrative tasks. But with so many available options, choosing the best AR automation software can be daunting. Here's a comprehensive guide on what to look for to select the best one for your business.
Top Challenges Accounts Receivable Teams Face and How to Solve Them
Feb 20, 2024 by Zazil Martinez
In today's fast-paced digital marketplace, accounts receivable (AR) teams face numerous challenges that impact a company's cash flow and growth. Even with an optimal rhythm, some remain significant. Common accounts receivable challenges include high DSO, ledger disorganization, poor communication, and inadequate policies. Streamlining processes, offering multiple payment options, going paperless, updating customer information, and automating AR can overcome these. A structured credit policy can help identify suitable customers. A weak accounts receivable management process can cause several other unintended consequences, including:
Pros & Cons of AR Outsourcing
Feb 15, 2024 by Zazil Martinez
In today's business world, keeping the financial side of things running smoothly is crucial. As your business grows, so do the accounts receivable (AR) challenges. Imagine handing these responsibilities to a team of experts, allowing you to focus on critical tasks. That's where AR outsourcing comes in.
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Sage Transform Session Guide
Oct 4, 2022 by Sage Thee
Sage Transform 2022 is a little under a week away, a conference designed exclusively for the Sage Intacct community. At Sage Transform, partners, customers, and industry experts gather to share insights, gain valuable product information, and connect with friends.
The Best Sage Intacct Training Resources
Sep 28, 2022 by Sage Thee
Too many businesses fall into the trap of spending vast amounts of time and money considering various software vendors, selecting the ideal option, and implementing the perfect solution. But they don’t spend equal resources on training. As a result, users have an amazing toolkit at their disposal but can’t take full advantage of it.
Product Feature: Announcing Next-Day Funds Availability
Sep 27, 2022 by Allison Steitz
Paystand's mission is to reimagine financial infrastructure in an effort to drive radically better economics for businesses globally. We carry out this mission through products and services that speed up time to cash, automate complicated billing processes, and eliminate transaction fees.
Paystand Announces SuiteWorld 2022 Gold Sponsorship
Sep 27, 2022 by Sage Thee
SCOTTS VALLEY, CALIF., SEP 27, 2022 – Paystand today announced it will be a Gold sponsor at SuiteWorld 2022, Oracle NetSuite’s largest celebration for customers and partners that takes place September 27-30, 2022, at the Caesars Forum in Las Vegas & On Air. This year's theme is “Full Suite Ahead,” with the conference promising four energy-packed days filled with networking opportunities and educational programming that will help NetSuite customers, partners, and developers discover new ways to leverage the full power of the suite.
Here's What You Can Do with Paystand's Smart Lockbox for Sage Intacct
Sep 23, 2022 by Sage Thee
Get ready to fully digitize your paper check payments and speed up your time to cash
The Ins and Outs of Invoicing
Sep 22, 2022 by Sage Thee
Invoicing is an inevitable part of running a business — you need your customers, clients, and vendors to pay you, and you need to give them all the information they need to do so. Enter invoicing.
What is a Payment Facilitator?
Sep 15, 2022 by Sage Thee
When it comes to payment processing today, it’s essential for online businesses to be able to offer their customers digital payment options. For many businesses, that includes the ability to integrate credit and debit cards into the payment process.
Everything You Need to Know About Payment Gateways and How They Work
Sep 15, 2022 by Izzy Howell
The payment processing system has many unique components that are all essential to ensuring that you, the merchant, are able to receive funds securely and efficiently from your customers.
The Billing Cycle Guide
Sep 14, 2022 by Kelsey Banerjee
Billing is the backbone of a business. Without regular cash flow, transactions can come to a halt, so having a sound billing strategy is essential for success. And one of the most important decisions you’ll make when strategizing is your billing cycle.
Growing in a Bear Market: Hope and Opportunity Despite the Looming Recession
Sep 13, 2022 by Sage Thee
Amidst economic uncertainty, record layoffs, crypto market turmoil, and a looming recession, the current economic outlook is hardly optimistic. We're here, however, to offer some hope and shed some light on the opportunities just waiting for you to reach out and grab them.