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.
Eduardo Lopez
on January 13, 2020
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.
Eduardo Lopez
on December 18, 2019
What should you look for in a NetSuite payment solution?
NetSuite offers a variety of flexible payment solutions, but users often face difficult integration challenges associated with these third-party tools (SuiteApps). The right payment solution will not only integrate easily with your current systems, but will should 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.
Eduardo Lopez
on December 16, 2019
Payments-as-a-Service (PaaS) 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 to this, instead of charging customers fees based on transaction volume, subscribers only pay a flat monthly rate to Paystand's software.
Eduardo Lopez
on December 2, 2019
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.
Eduardo Lopez
on November 25, 2019
Paystand's Least-Cost-Routing technology is designed to steer customers to the payment rail that will result in the lowest cost to the merchant. Paystand's platform also allows you to control which payment options appear in your payment portal, helping you reduce fees and processing costs.
Eduardo Lopez
on November 20, 2019
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.
Eduardo Lopez
on November 18, 2019
The Paystand Bank Network allows you to move money electronically without paying any transaction fees. Paystand covers over 90% of the US banking market and 98% of all commercial accounts, making it the most complete digital payment network available to businesses today.
Eduardo Lopez
on November 13, 2019
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.
Eduardo Lopez
on November 5, 2019
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.
Eduardo Lopez
on September 24, 2019
Paystand is on a mission to create a more open financial system, starting with B2B payments. Using blockchain and cloud technology, we pioneered Payments-as-a-Service to digitize and automate your entire cash lifecycle. Our software makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue.
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