Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
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.
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.
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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Why CFOs are Betting on AR Automation for Survival
Mar 17, 2021 by Mark Fisher
For most CFOs, the COVID-19 crises caused a shift in priorities, leaning towards employee safety and cutting down expenses to survive the unexpected economic shock that unfolded. In this environment, Accounts Receivable automation became more than wishful thinking and turned imperative for continuing operations in remote situations. But more broadly, last year's events ushered in an acceleration of digital transformation across the Finance organization in companies of all sizes.
B2B Digital Payments Stats for Merchants to Know in 2020
Jul 30, 2020 by Daniella Bourguetts
In the last decade, the B2B space has increasingly shifted toward digital payments. Consumers are now spending more with contactless and cashless payment options than ever before. In fact, there was more than $4.1 trillion in digital transactions in 2019 alone.
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.
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.
6 New Year’s Resolutions for Accounts Receivable (A/R) 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.
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.
How to Start Automating Your Accounts Receivable Process
Nov 25, 2019 by Eduardo Lopez
Why are some finance teams slower to adopt automation? Some are concerned that automation could cost them their jobs. There’s comfort and a sense of security in number-crunching. But all those calculations take time away from strategic thinking that businesses so desperately need.
How Does Paystand Automate the Accounts Receivable Process?
Nov 22, 2019 by Eduardo Lopez
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.
Upgrade Your Team with a Digital Accounts Receivable Process
Nov 18, 2019 by Eduardo Lopez
Is your accounts receivable process slowing you down?
Here's What You Can Do With Paystand's SuiteApp Features
Nov 15, 2019 by Eduardo Lopez
Paystand's Built-for-NetSuite SuiteApp has proven to be one of the most powerful payment integrations in the NetSuite ecosystem. Its flat monthly pricing and zero-fee payment rail make Paystand an extremely enticing payment solution for NetSuite users, and that value is only multiplied when you factor in Paystand's ability to automate the entire A/R process and handle everything digitally.