Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
How to Evaluate Your Cash Flow Health
Apr 15, 2021 by Daniella Bourguetts
The way you measure your cash flow should always be tied to your business goals and operational needs. Every company has different needs, so it’s only natural that indicators in cash flow statements vary accordingly.
Paystand Receives The Startup Weekly’s 2021 Financial Services & Insurance Companies to Watch Award
Apr 7, 2021 by Mark Fisher
We’re excited to announce that, on April 5, 2021, we received Startup Weekly’s Financial Services & Insurance Companies to Watch award – an honor reserved for businesses that showcased strong growth and excellence in 2020.
Issue #12: Software is Eating the Banks
Apr 1, 2021 by Daniella Bourguetts
Editor’s note: Hello there, readers. In this month's newsletter, we invite you to take a pause and think of all those aspects in your life that have become software in the last ten years. From the way we consume content, to the sophisticated digital tools we use to manage daily complex financial transactions. It's no longer a material world, it's a digital one. Subscribe now.
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The Paystand Virtual Card, the Most Versatile ePayable Ever, Available Today
Aug 6, 2020 by Mark Fisher
Paystand today released the Paystand Virtual Card, an entirely touchless, prepaid alternative to corporate expense cards designed for mid-market businesses that need more flexibility and control over budgets and spending. With robust functionality to support several use cases across expense management, fund disbursement, and bulk card creation, the Paystand Virtual Card is the most versatile ePayable ever made.
Accounts Receivable: A Strategy for Steady Cash Flow
Aug 4, 2020 by Eduardo Lopez
Whether you're a mid-market business or a large enterprise with a dedicated accounts receivable (AR) team, creating a steady stream of "free cash flow" is always a challenge in B2B payments. In fact, the average US business has 24% of its monthly revenue held up in accounts receivable. In this blog: a strategy for 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.
What to Look for When Choosing a Payment Integration for NetSuite
Jul 9, 2020 by Eduardo Lopez
NetSuite is a complete, scalable cloud ERP (enterprise resource planning) solution targeted at high-growing, mid-sized and large enterprise businesses. Various integrations have been created to improve the digital automation of your financial cycle, an area that is critical. In this article, we'll walk you through what to look for when choosing a NetSuite payment integration.
Choosing a Magento Payment Gateway Extension
Jun 25, 2020 by Eduardo Lopez
Choosing a payment gateway is an important decision for new and existing Magento stores. When you're operating an ecommerce business, you need a payment gateway that can handle purchases with speed, security, and convenience.
Issue #03: Using AR Automation Tools For COVID-19 Recovery
Jun 19, 2020 by Sarah McAmis
Editor’s note: Hey there, Sarah here! This is the third edition of the Paystand newsletter, a monthly roundup of helpful resources to make sense of what's happening in finance. Subscribe here.
4 Effective Ways to Recession-Proof Your Accounts Receivable Department
Jun 1, 2020 by Eduardo Lopez
The recent economic volatility has led businesses to be more careful about how they manage their cash. In these times, it's helpful for accounts receivable teams to focus on improving cash flow and strengthening their payment process.