Paystand Blog

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

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How to choose the best payment integration for Sage Intacct

Jul 29, 2021 by Kelsey Banerjee

With 92.6% of businesses reporting late payments among B2B customers in the US alone, CFOs and controllers need more than a financial ERP to reduce their DSO. A payments app integrated with your Sage Intacct instance is one of the easiest ways to automate your AR department’s payment process and improve your cash flow, but it can be challenging to decide on the best option – especially if you use Sage Intacct.

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Our Series C and how we’re building the future of commercial finance

Jul 26, 2021 by Jeremy Almond

On Friday, we announced our $50-million Series C round of funding. We’re thrilled to add incredible new investors like NewView Capital, SoftBank’s Opportunity Fund, King River Capital, Transform Capital, and Industrious Ventures as long-term shareholders who will be joining us on our mission to reboot commercial finance, starting with B2B payments. But, beyond a funding announcement among numerous capital raises in the tech industry, I wanted to take a moment to share what this means not only for Paystand, but for the vision behind our commitment to building an open commercial finance industry.

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How Payer Incentives Puts Money Back Into Your Business: A Case Study

Jul 7, 2021 by Mark Fisher

TL/DR; Implementing Paystand's Payer Incentives module creates significant shifts in payment behavior away from cards and saves businesses an average of 67% on punitive transaction fees.

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3 Ways Paystand Optimizes Your NetSuite Payment Process

Nov 24, 2020 by Daniella Bourguetts

Paystand's Built-for-NetSuite SuiteApp has become one of the most potent payment integrations available for NetSuite users. It allows you to accept multiple payment options and streamlines the collection process to reduce payment delays and time spent on manual data entry, remittance matching, and reconciliation.

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Issue #08: The Card Network Killer

Nov 19, 2020 by Daniella Bourguetts

Editor’s note: Hey there, my name is Daniela and I’m the editor of Paystand’s newsletter. Each month, I send a roundup of the best payments and finance content from Paystand and around the web, direct to your inbox. Don’t miss the next issue. Subscribe now.

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What is Straight Through Processing?

Nov 11, 2020 by Daniella Bourguetts

Straight-through processing (STP) helps businesses speed up transaction processing by streamlining data sharing across multiple points in a fully-automated manner. In accounts receivable, STP is used to reduce errors and the amount of repetitive, menial tasks required to collect and reconcile payments.

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Paystand Recognized for Best Use of Blockchain in Benzinga Global Fintech 250

Nov 10, 2020 by Mark Fisher

B2B payments leader recognized as Blockchain payments pioneer; named a Benzinga Fintech Listmaker as payment network crosses 160,000 businesses.

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B2B Payments and Their Benefits

Nov 3, 2020 by Eduardo Lopez

Businesses typically view the payment experience as just another customer touchpoint, but now shifts in technology have proved that digital payments are bringing a ton of opportunities for businesses to grow faster and more efficiently.

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Issue #07: A Sound of Digital Payment Thunder

Oct 28, 2020 by Daniella Bourguetts

Editor’s note: Hey there, my name is Daniela and I’m the editor of Paystand’s monthly newsletter. Each month, I send a roundup of the best payments and finance content from Paystand and around the web, direct to your inbox. Don’t miss the next issue. Subscribe now.

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What payment methods should B2B companies accept?

Oct 27, 2020 by Daniella Bourguetts

Over the past decade, payment methods have evolved to support different consumer and business needs.

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What is a Bank Lockbox Service and How is it Used for Payments

Oct 22, 2020 by Eduardo Lopez

Across the cash management process, Bank Lockbox Services have been around for decades as a way for treasury and finance teams to improve their receivables process for checks and other payments sent through the mail. But in today's digitally connected Internet economy, electronic alternatives to traditional lockbox services have emerged.

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Issue #06: The Value of Owning the Payment Process

Sep 22, 2020 by Daniella Bourguetts

Editor’s note: Hey there, my name is Daniela. I'm the new editor of Paystand's monthly newsletter. After a great start and five issues, Sarah is passing the torch. But don't worry, you're in great hands. I'll still be sending you a roundup of the best payments and finance content from Paystand and around the web, every month. Don't miss the next issue. Subscribe now.

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How Visa Interchange Rates Are Changing in 2020 and What That Means for Merchants

Sep 8, 2020 by Daniella Bourguetts

Earlier this year, Visa announced the biggest change to its interchange rates in 10 years. Under the new restructuring, credit card processing fees are either going up or down depending on your company's merchant category and how your customers swipe their card. This could have a huge impact on any business that has been hit hard by the pandemic.

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