Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
Why you should care about reducing your DSO
Oct 21, 2021 by Brandon Jones
Many companies struggle with the problem of getting customers to pay invoices in a timely manner. On-time payments are extremely important to a business’ cash flow. Since understanding the details of customer payments is the first step towards improving cash flow, many companies keep track of days sales outstanding (DSO).
Get your hands off your AR process
Oct 19, 2021 by Kelsey Banerjee
For people on the outside looking in, accounts receivable (AR) processes appear deceptively simple. After all, isn't it just accepting payments? What's better than handling payments?
How to streamline month-end close processes with digital payments
Oct 14, 2021 by Brandon Jones
The end of the month can be a stressful time for your financial team. Between calculating employee wages, paying bills, and balancing budgets, there is a lot of financial data to keep track of. And unfortunately, due to human error, that data can easily be lost. But all of that can be avoided with digitized month-end accounting.
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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.
Why CFOs are Betting on AR Automation for Survival
Mar 17, 2021 by Mark Fisher
For most CFOs, the COVID-19 crises caused a shift in priorities, leaning towards employee safety and cutting down expenses to survive the unexpected economic shock that unfolded. In this environment, Accounts Receivable automation became more than wishful thinking and turned imperative for continuing operations in remote situations. But more broadly, last year's events ushered in an acceleration of digital transformation across the Finance organization in companies of all sizes.
Issue #11: The Fee (R)evolution
Mar 9, 2021 by Daniella Bourguetts
Editor’s note: Hello there, readers. This month we're taking a long hard look at the inconvenience of payment fees. Most B2B businesses still can't transact without giving away a chunk of their revenue to payment processors. But, this is starting to change and the landscape is evolving to eliminate transaction fees altogether. Subscribe now.
Payer Incentives: How Paystand Turned B2B Payments Into A Win-Win
Mar 4, 2021 by Mark Fisher
Paystand was founded with a core mission to reboot commercial finance. We believe the infrastructure that supports B2B payments and commercial transactions needs a complete overhaul.
Why Card Monopolies Are Failing B2B Businesses
Feb 19, 2021 by Daniella Bourguetts
If the last couple of years have taught us anything is that change is inevitable. On most occasions, it's impossible to predict global pandemics or the financial implications of profound political changes in the worldwide landscape.
Issue #10: The Journey to Zero
Feb 4, 2021 by Daniella Bourguetts
Editor’s note: Hello, readers. Welcome to the first newsletter of 2021. To kick off the year, we're setting the stage for what it means to create a new financial infrastructure for the B2B industry. It's something we call: The Journey to Zero. Subscribe now.
The Journey to Zero: How Paystand is Changing B2B Payments
Feb 3, 2021 by Daniella Bourguetts
Of the myriad problems facing businesses today, one over-arching challenge dominates all else: the B2B financial system remains essentially unchanged since the middle of the 20th century. At its core exists a fee-based transaction model for payments that no longer meets the needs of modern, digital-first businesses.
Leadventure: Automating AR with Paystand for Sustained Growth
Jan 28, 2021 by Daniella Bourguetts
Leadventure is a SaaS website provider of digital marketing services for dealerships, OEMs, and resellers across 13 verticals, operating multiple subsidiaries that provide solutions to drive leads and in-store sales. With over 28,000 clients and services that range from website management to marketing tools and eCatalogs, LeadVenture has formed relationships with some of the largest manufacturers in the industry.