Paystand Blog

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

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How to choose the best payment integration for Sage Intacct

Jul 29, 2021 by Kelsey Banerjee

With 92.6% of businesses reporting late payments among B2B customers in the US alone, CFOs and controllers need more than a financial ERP to reduce their DSO. A payments app integrated with your Sage Intacct instance is one of the easiest ways to automate your AR department’s payment process and improve your cash flow, but it can be challenging to decide on the best option – especially if you use Sage Intacct.

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Our Series C and how we’re building the future of commercial finance

Jul 26, 2021 by Jeremy Almond

On Friday, we announced our $50-million Series C round of funding. We’re thrilled to add incredible new investors like NewView Capital, SoftBank’s Opportunity Fund, King River Capital, Transform Capital, and Industrious Ventures as long-term shareholders who will be joining us on our mission to reboot commercial finance, starting with B2B payments. But, beyond a funding announcement among numerous capital raises in the tech industry, I wanted to take a moment to share what this means not only for Paystand, but for the vision behind our commitment to building an open commercial finance industry.

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How Payer Incentives Puts Money Back Into Your Business: A Case Study

Jul 7, 2021 by Mark Fisher

TL/DR; Implementing Paystand's Payer Incentives module creates significant shifts in payment behavior away from cards and saves businesses an average of 67% on punitive transaction fees.

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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.

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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.

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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.

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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.

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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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