Paystand Blog

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

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Issue #13: Blockchain as the Future of EIPP Software

May 3, 2021 by Daniella Bourguetts

Editor’s note: Hello! 2021 is proving to be quite the year for a financial revolution – and now, in the middle of Q2, most companies are still in the process of adjusting to the new, post-COVID era. 78% of finance professionals predict that all future accounting methods will be automated, and we're seeing these changes happen sooner rather than later. This month, we're covering the rise of EIPP, a software that is moving the B2B payments industry forward. Subscribe now.

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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.

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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.

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How Medical Device Companies Can Improve Cash Flow with Digital Payments

May 28, 2020 by Eduardo Lopez

Medical device companies, hospitals, and health systems are working hard to keep up with the demand COVID-19 has created. Revenue targets are being reassessed, work environments are changing, and finance teams are looking for ways to operate faster, leaner, and more efficiently to address both short and long-term sustainability.

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Issue #02: Rethinking AR for Better Cash Flow Management

May 20, 2020 by Sarah McAmis

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.

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323 Apartments: Switching to Digital Rent Collection

May 11, 2020 by Eduardo Lopez

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.

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Digital Payment Processing for Property Management During COVID-19

May 4, 2020 by Eduardo Lopez

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?

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Juxto Automates Payment Collection in NetSuite with Paystand

Apr 29, 2020 by Eduardo Lopez

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).

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Issue #01: The Rise of Touchless Payments

Apr 24, 2020 by Sarah McAmis

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.

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B2B Ecommerce for NetSuite: Q&A with Caleb Schmitz on SuiteCommerce and SuiteCommerce Advanced

Apr 17, 2020 by Eduardo Lopez

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.

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What is Zero-Touch Payment Processing?

Apr 13, 2020 by Eduardo Lopez

Zero-Touch payment processing is a secure way to virtually collect payments for goods and services, without the use of cash or paper checks.

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Digital Payment Alternatives to Cash and Paper Checks

Mar 25, 2020 by Eduardo Lopez

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.

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NetSuite Implementation Best Practices from Anchor Group's Caleb Schmitz

Mar 19, 2020 by Caleb Schmitz

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.

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