Paystand Blog

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

Recent posts

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.

Read More

5 Best Billing 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.

Read More

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.

Read More

All Blog Posts

Tags

The State of Credit Card Fees 2022

Mar 1, 2022 by Kelsey Banerjee

Back in 2020, Visa announced its biggest interchange rate update in 10 years. But due to the pandemic, these sweeping changes, which would include fee restructuring, were postponed due to COVID. When the time came to implement the new interchange fee in 2021, it was delayed again - and again, the pandemic was the culprit. This credit card giant isn't alone. Mastercard also delayed its regular interchange fee update until 2021.

Read More

Best practices for FinancialForce payments

Feb 22, 2022 by Kelsey Banerjee

As a popular cloud billing platform, the FinancialForce ERP is a fairly intuitive online invoicing software. And for a good reason. The learning curve is fairly low for anyone coming from the Salesforce CRM.

Read More

8 Best Practices for Invoicing Clients

Feb 17, 2022 by Brandon Jones

Your invoice process can affect payment time and accuracy. A sloppy payment process can result in lots of headaches, including late and missed payments and even the potential for disputed charges and lawsuits.

Read More

What is Payments-as-a-Service?

Feb 15, 2022 by Eduardo Lopez

Most companies aren't in the payments business, even though they need a solution for compliance payment processing. With the evolution of the global economy, global payments add an additional layer of complexity. For B2B organizations seeking to receive online payments without access to a payments ecosystem, the task of maintaining regulatory compliance can intimidate management teams and create a monstrous workload for AR professionals.

Read More

How to Save Money on B2B Credit Card Processing Fees

Feb 10, 2022 by Brandon Jones

Unnecessarily high credit card processing fees frequently undercut B2B profits. For any business, these processing fees can drastically cut your profit margins, which can be damaging in highly competitive markets. However, more effective, budget-friendly payment options can help keep processing times short without triggering high fees.

Read More

Guide to FinancialForce Invoicing

Feb 3, 2022 by Kelsey Banerjee

It's no secret why more and more accounting professionals are investing in FinancialForce. Powered by SalesForce, this accounting software combines its cloud billing platform with the SalesForce CRM, making it incredibly versatile.

Read More

Why You Need an Accounts Receivable Process Flowchart

Jan 25, 2022 by Brandon Jones

Flowcharts are excellent tools to help accounts receivable departments see how their processes work in a visual manner. Not only can they be effective in keeping your team on the same page and training new employees, but they can help you see areas of inefficiency. They are often helpful in pinpointing areas that are ripe for automation or improvement.

Read More

Top 10 Software Solutions for Manufacturing

Jan 20, 2022 by Kelsey Banerjee

Let's face it, the manufacturing industry has a lot of moving parts, and software is required to keep a lot of it straight. From creating expense reports to reaching potential clients and reviewing inventory, the modern manufacturing company is tech-driven. To keep up with the global supply chain, there's really no other way to maintain operational efficiency.

Read More

5 Must-Know Digital Payment Trends for 2022

Jan 18, 2022 by Brandon Jones

Digital payment trends are continually shifting and growing to meet market needs and demands. What we predicted for the pre-pandemic market is now different from the needs of a world still dealing with COVID-19.

Read More

The Transformation of Digital Payments from Legacy Payments

Jan 13, 2022 by Brandon Jones

As businesses become more tech-savvy, so must their business process. This is true for B2B payments, where a digital transformation is currently underway. And it’s all for the better—there are numerous benefits to switching to digital payments.

Read More
❮
1 2 3 4 5
... 19 ❯