Paystand Blog

How to Digitize the Enterprise Cash Cycle, Part 3: Reconciliation

Does anyone really look forward to the month-end accounting close process? Given how long it takes, it’s really hard to imagine that the answer is “yes.” Estimates on how long month-end close takes range from barely manageable to incredibly arduous:

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Scott Campbell on April 9, 2019

Payments, ERP, Payment Solutions, AR, automation, Business Process Management

How to Digitize the Enterprise Cash Cycle, Part 2: Payments

In our previous post, we talked about the importance of looking at the enterprise cash cycle as a whole to get a better understanding of how it functions today. Armed with an informed perspective on all parts of the process, business leaders can then recommend changes to optimize revenue.

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Scott Campbell on March 14, 2019

Payments, Payment Solutions, AR, automation, Business Process Management

How to Digitize the Enterprise Cash Cycle, Part 1: Invoicing

Digitizing the enterprise cash cycle is a complex undertaking. Some companies avoid it entirely for fear of losing customers or incurring operational expenses. Others attempt it in an effort to save time and reduce costs, but regularly miss the mark. To kick off 2019, we’ll be taking a look at the enterprise cash cycle and what it means to truly modernize your business relative to payments.

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Scott Campbell on January 18, 2019

e-invoicing, Payment Solutions, AR, automation, Business Process Management