Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
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.
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.
All Blog Posts
How to Choose a Xero Payment Integration
Aug 27, 2020 by Eduardo Lopez
Choosing the right Xero payment integration is an important decision for B2B companies. In today’s business climate, customers like having multiple digital payment options and expect the process to be fast, smooth, and secure.
Issue #05: What Top CFOs Are Doing in 2H 2020
Aug 27, 2020 by Sarah McAmis
Editor’s note: Hey there, Sarah here! This is the fifth edition of the Paystand newsletter, a monthly roundup of helpful resources to make sense of what's happening in finance. Subscribe here.
A Quick Guide to Understanding Accounts Receivable Management
Aug 25, 2020 by Daniella Bourguetts
Accounts receivable (AR) management is an important part of maintaining healthy cash flow. Having a streamlined and efficient AR process prevents your existing capital from going to waste, which puts your business in a better position to reduce debt, lower costs, drive growth and outperform your competitors.
Paystand Surpasses 1000% Growth, Selected To 2020 Inc. 5000 List
Aug 20, 2020 by Mark Fisher
B2B payments leader selected to Inc. 5000 list as top 10 fastest growing private company in Silicon Valley; payment network crosses 140,000 businesses.
How Automated Payment Solutions Can Enhance Your Business
Aug 11, 2020 by Daniella Bourguetts
Automated payment solutions can help your business succeed, but so can lots of other things. So why use payment automation? What are the benefits of automating the payment collection and reconciliation process for your business?
Accounts Receivable: A Strategy for Steady Cash Flow
Aug 4, 2020 by Eduardo Lopez
Whether you're a mid-market or a large enterprise B2B company with a dedicated accounts receivable (AR) team, creating a steady stream of "free cash flow" is always a challenge. In fact, the average US business has 24% of its monthly revenue held up in accounts receivable. In this blog: a proven strategy for creating a steady cash flow.
B2B Digital Payments Stats for Merchants to Know in 2020
Jul 30, 2020 by Daniella Bourguetts
In the last decade, the B2B space has increasingly shifted toward digital payments. Consumers are now spending more with contactless and cashless payment options than ever before. In fact, there was more than $4.1 trillion in digital transactions in 2019 alone.
What Ecommerce Platforms Integrate with NetSuite?
Jul 29, 2020 by Caleb Schmitz
Did you know NetSuite is more powerful as an ecommerce platform than a majority of standalone ecommerce solutions today? It can be used to manage the data, sales, and payments for an ecommerce website, but it can also integrate to other ecommerce sites like Amazon, eBay, Overstock, Sears, Walmart, and other ecommerce powerhouses.
Issue #04: Virtual Cards and Expense Management
Jul 17, 2020 by Sarah McAmis
Editor’s note: Hey there, Sarah here! This is the fourth edition of the Paystand newsletter, a monthly roundup of helpful resources to make sense of what's happening in finance. Subscribe here.
What is a virtual expense card?
Jul 16, 2020 by Eduardo Lopez
Virtual expense cards are like prepaid cards that employees can use to securely make purchases online and over the phone. These cards work exactly the same way as physical cards and allow businesses to issue 16-digit card numbers in just a few clicks. To the merchant, the transaction looks no different than any other payment, but neither the employee nor the merchant has access to your bank information, adding a layer of security to the transaction.