Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
Why card monopolies are failing B2B businesses
Feb 19, 2021 by Daniella Bourguetts
If the last couple of years have taught us anything is that change is inevitable. On most occasions, it's impossible to predict global pandemics or the financial implications of profound political changes in the worldwide landscape.
#10: The Journey to Zero
Feb 4, 2021 by Daniella Bourguetts
Editor’s note: Hello, readers. Welcome to the first newsletter of 2021. To kick off the year, we're setting the stage for what it means to create a new financial infrastructure for the B2B industry. It's something we call: The Journey to Zero. Subscribe now.
The Journey to Zero: How Paystand is Changing B2B Payments
Feb 3, 2021 by Daniella Bourguetts
Of the myriad problems facing businesses today, one over-arching challenge dominates all else: the B2B financial system remains essentially unchanged since the middle of the 20th century. At its core exists a fee-based transaction model for payments that no longer meets the needs of modern, digital-first businesses.
All Blog Posts
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.
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).
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.
AFP 2019: Top 3 Takeaways for B2B Payments and Commercial Finance
Nov 5, 2019 by Eduardo Lopez
Real-time payments, machine learning, decentralized ledgers – how do you sort through the hype and figure out what’s important in 2020? That's what this year's AFP Treasury and Finance Conference was all about. The event, which attracted more than 7,000 attendees, highlighted how technology is expected to continue disrupting accounting and finance. Read on for an insider’s recap of the event's top takeaways.
How Choozle Cut DSO By 33% With Paystand's NetSuite Integration
Oct 23, 2019 by Mark Fisher
Building a great business starts with finding your customers. Choozle provides powerful data-driven tools that help you execute scalable digital ad campaigns to reach your audience. They also author an amazing blog with helpful tips that sharpen your digital advertising skills.
100,000 Thanks and A Look At Our Fintech Advisory Council
Oct 10, 2019 by Mark Fisher
Our mission at Paystand is pretty straight-forward (but certainly not easy): reboot the broken financial system. Since we started chipping away at this audacious goal nearly 5 years ago, we've built truly innovative technology, forged deep customer relationships, and most importantly, started a movement toward a more open financial system that provides businesses with greater control over their capital. Today, we’ve got a few updates on how we’ve been delivering against that mission. Since raising our Series A, we’ve quickly become the fastest growing commercial payments platform. Over 100,000 businesses are now paying through the Paystand Bank Network, eliminating millions of dollars in transaction fees.
The Attendee’s Guide to AFP 2019 (and 5 Reasons Why You Should Attend)
Sep 24, 2019 by Eduardo Lopez
In just over three weeks, over 7,000 finance leaders will meet in Boston for this year’s AFP 2019 at the Boston Convention & Exhibition Center. AFP is one of the most forward-thinking finance events of the year. Speakers from various industries come together to provide actionable advice on the trends and tools you should be focusing on for 2020 and beyond.
Building #OpenIndustry: The Story Behind Paystand’s New Logo
Jul 18, 2019 by Mark Fisher
Today we’re unveiling a big update to the look and feel of the Paystand brand. Our new logo marks a significant change in our company evolution and is the result of a comprehensive exploration of our brand. It gave us an opportunity to look deeply at who we are, what we stand for, and where we’re headed as a company.