
Issue #02: Rethinking AR for Better Cash Flow Management
Editor’s note: Hey there! This is the second edition of the Paystand newsletter, a monthly roundup of helpful resources to make sense of what's happening in finance.
Editor’s note: Hey there! This is the second edition of the Paystand newsletter, a monthly roundup of helpful resources to make sense of what's happening in finance.
In an effort to reduce missed or late rent payments, 323 Apartments wanted to set up a digital payment portal and offer tenants more flexible ways to pay their rent. Read on to see how Paystand helped 323 Apartments set up a digital payment collection system in one week.
Federal, state, and local governments have ordered business shutdowns and restrictions limiting many social and commercial activities. As a result, the commercial real estate industry is seeing a spike in late or partial rent payments. Can switching to digital and card options help alleviate this issue?
Juxto needed a payment solution that could connect directly to NetSuite, accept payments in the US and Canada, and help customers self-service. Read on to see how Paystand helped Juxto unify and simplify their payment process in NetSuite (PDF).
Editor’s note: Hey there! This is the first edition of our monthly newsletter, a roundup of Paystand updates and helpful resources to make sense of what's happening in finance. We want to make it as valuable as possible, so please let us know what you think.
SuiteCommerce is NetSuite's native ecommerce platform. It helps businesses get set up and selling with no hassle and connects your online sales and in-store POS with other parts of your business.
Zero-Touch payment processing is a secure way to virtually collect payments for goods and services, without the use of cash or paper checks.
The coronavirus outbreak forced many businesses to rethink how they accepted payments. Merchants and customers shifted to digital payment methods to avoid the risk of infection from handling cash and paper checks. It's no longer business as usual. Now is the time to start making changes to avoid any lasting impact on your revenues.
Enterprise Resource Planning (ERP) software provides the infrastructure needed to effectively manage your company's financials. NetSuite is one of the best ERP systems for growing businesses because it is highly customizable with features that lend well to scalability. As your business grows, it adapts to your needs. That is why so many companies switch to NetSuite once they reach the $10 million annual revenue mark.
A note to our customers and partners:
In difficult times, we know it’s more important than ever to ensure the business critical operations of our customers. The rapid spread and outbreak of the novel Coronavirus (COVID-19) has affected each of us, and we’re adjusting to our new reality along with you. At Paystand, we understand the challenges your teams are facing and we want you to know that serving our customers and maintaining seamless operations has never been more important.