PAYSTAND BLOG

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

4 Must-Have Features to Consider When Choosing a NetSuite Payment Solution

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.

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Eduardo Lopez Eduardo Lopez on December 16, 2019

Payments, Accounts Receivable, Digital Payment, automation

How Does Paystand Automate the Accounts Receivable Process?

Paystand automates the entire Accounts Receivable process, so you never have to spend hours manually collecting and reconciling payments. The benefits are two-fold: your team removes hours of repetitive tasks from their workload, and tasks are automatically executed error-free on your behalf. Paystand also helps businesses reduce late payments. That's why Paystand customers usually decrease the number of overdue receivables by 62% in the first few months.

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Eduardo Lopez Eduardo Lopez on November 22, 2019

Payments, e-invoicing, Accounts Receivable, automation, collections

Upgrade Your Team with a Digital Accounts Receivable Process

Is your accounts receivable process slowing you down?

Today, finance teams of all sizes are drowning in paperwork, manual tasks, and disparate data sources. These broken processes hold your team back by limiting capital efficiency and liquidity, and decrease your time, revenue, and efficiency. In fact, businesses can lose up to 25% of revenue from new sales due to poor billing and A/R processes.

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Eduardo Lopez Eduardo Lopez on November 18, 2019

Payments, Accounts Receivable, Digital Payment, automation

4 Accounts Receivable Processes Every Controller Should Automate in 2020

Today’s world is highly automated, from the sales email in your inbox to the money that gets deposited in your bank account every two weeks.

Across every function from marketing to sales to HR and Support, automation has become a key to success. Now it’s time for finance teams to benefit from the cost savings, profit, and productivity that only automation can deliver.

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Eduardo Lopez Eduardo Lopez on September 17, 2019

Payments, Accounts Receivable, Digital Payment, automation

6 Ways NetSuite Users Can Reduce DSO By 30%

Managing receivables is one of the most important parts of any business. One wrong move and you’re dealing with unhealthy cash inflows and missed or delayed payments. Whether you’re a CFO thinking about financial strategy or a controller focused on managing internal controls and processes, it’s important to keep your Days Sales Outstanding (DSO) to a minimum.

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Eduardo Lopez Eduardo Lopez on August 21, 2019

Payments, DSO Solutions, Accounts Receivable, netsuite

Accounts Receivable Automation with Paystand Drives Capital Efficiency and Lowers Costs for Elenteny Imports

Here at Paystand, we pride ourselves on being the most flexible B2B payment platform available for growing businesses. When we engage with a new customer, our goal is to help the business automate manual processes and digitize their enterprise cash cycle in a flexible, customizable way.

Elenteny Imports

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Mark Fisher Mark Fisher on April 2, 2019

Accounts Receivable, Finding Efficiency, B2B Payments, netsuite, AR digitization, Customer Success

PayStand Releases SuiteApp Integration To Extend Best-In-Class Payment Functionality Within NetSuite

Company Delivers One-Click-Simplicity to Handle Enterprise Cash Cycle

SCOTTS VALLEY, Calif. - October 25, 2018 - PayStand, the B2B payment platform for the future of commerce, today announced the next generation of its SuiteApp integration, delivering all-in-one electronic payment functionality within NetSuite for companies of all sizes. North American businesses exchange $18 trillion in paper checks alone each year, costing them over $550 billion in process and delays, while more than half of all commercial payments globally are still paper check. PayStand together with NetSuite gives businesses a next-generation platform that automates the entire enterprise cash cycle.

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Mark Fisher Mark Fisher on October 25, 2018

Payments, Accounts Receivable, B2B Payments, netsuite

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