What should you look for in a NetSuite payment solution?
NetSuite has an app-store of solutions called SuiteApps. The right payment solution, or SuiteApp, will not only integrate easily with your current systems, but will also help you reduce processing costs, speed up collections, and streamline the payments process for your customers.
In this blog, we’ll explore four key features to look for when choosing a NetSuite payment solution.
Eduardo Lopez on December 16, 2019
Payments-as-a-Service (PaaS) is a cloud-based approach to commercial payments pioneered by Paystand. Essentially, it moves your cash cycle into the cloud and helps you automate the back-office financial process from end to end. In addition to this, instead of charging customers fees based on transaction volume, subscribers only pay a flat monthly rate to Paystand's software.
Eduardo Lopez on December 2, 2019
Why are some finance teams slower to adopt automation? Some are concerned that automation could cost them their jobs. There’s comfort and a sense of security in number-crunching. But all those calculations take time away from strategic thinking that businesses so desperately need.
Eduardo Lopez on November 25, 2019
Paystand automates the entire Accounts Receivable process, so you never have to spend hours manually collecting and reconciling payments. The benefits are two-fold: your team removes hours of repetitive tasks from their workload, and tasks are automatically executed error-free on your behalf. Paystand also helps businesses reduce late payments. That's why Paystand customers usually decrease the number of overdue receivables by 62% in the first few months.
Eduardo Lopez on November 22, 2019
Paystand's Least-Cost-Routing technology is designed to steer customers to the payment rail that will result in the lowest cost to the merchant. Paystand's platform also allows you to control which payment options appear in your payment portal, helping you reduce fees and processing costs.
Eduardo Lopez on November 20, 2019
Is your accounts receivable process slowing you down?
Today, finance teams of all sizes are drowning in paperwork, manual tasks, and disparate data sources. These broken processes hold your team back by limiting capital efficiency and liquidity, and decrease your time, revenue, and efficiency. In fact, businesses can lose up to 25% of revenue from new sales due to poor billing and A/R processes.
Eduardo Lopez on November 18, 2019
Paystand's Built-for-NetSuite SuiteApp has proven to be one of the most powerful payment integrations in the NetSuite ecosystem. Its flat monthly pricing and zero-fee payment rail make Paystand an extremely enticing payment solution for NetSuite users, and that value is only multiplied when you factor in Paystand's ability to automate the entire A/R process and handle everything digitally.
Eduardo Lopez on November 15, 2019
The Paystand Bank Network allows you to move money electronically without paying any transaction fees. Paystand covers over 90% of the US banking market and 98% of all commercial accounts, making it the most complete digital payment network available to businesses today.
Eduardo Lopez on November 13, 2019
The end of year close is approaching and that means it's time to catch up on those late receivables. Whether your company sells handcrafted boots, digital advertising technology, or outdoor products, now is the time to follow up on any overdue invoices and get those accounts current.
Eduardo Lopez on November 11, 2019