Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
How to Save Money on B2B Credit Card Processing Fees
Jun 2, 2023 by Brandon Jones
High credit card processing fees can significantly impact the profitability of B2B businesses, cutting into profit margins and harming competitiveness. However, effective and budget-friendly payment options can keep processing times short without triggering excessive fees.
How Automation Helps Avoid Broken Transfers
Jun 1, 2023 by Zazil Martinez
In the fast-paced world of B2B, an efficient accounts receivable process is vital for smooth operations. One common challenge that can disrupt the entire staff is broken transfers. While seemingly insignificant, these disruptions can significantly impact the AR process, leading to a lengthened cash cycle and increased DSO.
How Blockchain is Transforming Accounting and Finance
May 31, 2023 by Zazil Martinez
As technology continues to shape our lives, one revolutionary solution has emerged to transform the way we record, verify, and audit financial transactions: blockchain. With its ability to introduce transparency and decentralized record-keeping, blockchain holds immense potential, particularly in accounting.
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Paystand: Pioneering Commercial Blockchain
Apr 27, 2023 by Jeremy Almond
As the CEO of Paystand, I am proud to say that we have been at the forefront of decentralizing the financial system since our inception. Our mission is to create a more open and fair monetary network through the business adoption of blockchain and Bitcoin technology.
The Complete Guide to NetSuite Invoicing
Apr 26, 2023 by Zazil Martinez
Businesses have many reasons for investing in an ERP like NetSuite. The main ones are cost savings, performance metrics, and improving efficiencies in accounting.
How Automated Payment Services Can Improve Your Business
Apr 24, 2023 by Kelsey Banerjee
If your payment system isn't processing payments fast enough to keep up with expenses, the entire organization comes to a standstill. Automated payment solutions expedite the payment process and provide a stellar customer experience. But there are many other benefits to automated payment systems, as well.
The Advantages of Digital Lockboxes
Apr 21, 2023 by Zazil Martinez
Traditional lockbox services are no longer sufficient for many businesses in today's digital age. Inefficient and prone to payment delays, paper check processing costs can significantly impact the revenue of B2B companies.
Your Guide to Netsuite Invoicing
Apr 21, 2023 by Brandon Jones
Invoicing is a critical aspect of any business operation. However, as businesses evolve and grow, their invoicing needs become more complex, requiring more efficient and accurate ways of managing their invoicing process.
Gaps in Sage Intacct and How Paystand Fills Those Gaps
Apr 20, 2023 by Zazil Martinez
Sage Intacct is an excellent ERP that offers a wide range of features and benefits. But, like any other software, it has its limitations and gaps. Other specialized tools, like Paystand, can fill those gaps.
B2B Digital Payments Stats for Merchants to Know in 2023
Apr 19, 2023 by Zazil Martinez
The B2B space has shifted toward digital payments in the last decade. Consumers are spending more on contactless and cashless payment options than ever before.
What is Zero-Touch Payment Processing?
Apr 18, 2023 by Kelsey Banerjee
Zero-Touch payment processing, also called contactless payment, is a secure way to virtually collect payments for goods and services without using cash or paper checks. And it's more popular than ever.
9 Key Benefits of an ERP System
Apr 13, 2023 by Kelsey Banerjee
Enterprise resource planning (ERP) systems help businesses track and manage what is happening within their organization. And for many industries, ERP software is essential for effective business operations and bookkeeping.
A Simple Guide to ERP Payment Gateways and Portals
Apr 11, 2023 by Kelsey Banerjee
As more business transactions move online, it’s easy to see why there’s a need for even greater front- and back-end system integration. Antiquated legacy systems and the manual movement of funds between organizations can be cumbersome, error-prone, and costly. The answer? An enterprise resource planning (ERP) system.