Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
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.
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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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.
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.
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.
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.
Supporting Our Customers and Partners During the COVID-19 Event
Mar 17, 2020 by Jeremy Almond
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.
Why Paystand Raised $20M to Fix Commercial Payments
Feb 7, 2020 by Jeremy Almond
Today is a big day for Paystand: We closed a $20 million Series B investment round from the same venture teams that invested in Coinbase, Gusto, Intacct, Coupa, PayPal, Avalara, and many others. We’d like to welcome DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures, and Wildcat Ventures as new investors, as well as welcome Roman Leal from Leap Global Partners as our newest board member.
6 New Year’s Resolutions for Accounts Receivable (AR) Teams in 2020
Jan 13, 2020 by Eduardo Lopez
With 2020 finally upon us, it’s time to start making our New Year’s resolutions. You may already have set your personal goals, but what about your Accounts Receivable resolutions? As an accountant, these resolutions might look a little different, but that’s why Paystand is here to help.
What is Fund-on-File Tokenization?
Dec 18, 2019 by Eduardo Lopez
Tokenization is a process of replacing sensitive data with non-sensitive data. It is used to safeguard your payment information by replacing it with a unique string of numbers.
4 Must-Have Features to Consider When Choosing a NetSuite Payment Solution
Dec 16, 2019 by Eduardo Lopez
What should you look for in a NetSuite payment solution? NetSuite has an app-store of solutions called SuiteApps. The right payment solution, or SuiteApp, will not only integrate easily with your current systems, but will also help you reduce processing costs, speed up collections, and streamline the payments process for your customers. In this blog, we’ll explore four key features to look for when choosing a NetSuite payment solution.
What is Payments-as-a-Service?
Dec 2, 2019 by Eduardo Lopez
Payments-as-a-Service is a cloud-based approach to commercial payments pioneered by Paystand. Essentially, it moves your cash cycle into the cloud and helps you automate the back-office financial process from end to end. In addition, instead of charging transaction fees based on volume, subscribers only pay a flat monthly rate.