Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
2021’s best practices for Sage Intacct payments
Sep 23, 2021 by Mark Fisher
Whenever an organization invests in a new technology, especially one that deals with receiving payments, it’s critical to understand best practices to maximize the return on that investment. Accounts receivable and invoicing practices are such foundational aspects of a successful business that best practices are even more important.
2021's best practices for NetSuite payments
Sep 21, 2021 by Kelsey Banerjee
As the ERP of choice for over 27,000 organizations worldwide, NetSuite isn’t going away anytime soon. And, if you’re reading this article, then you're probably one of those thousands of accounting professionals that trust Oracle’s tried and tested software.
5 easy ways to reduce your DSO
Sep 16, 2021 by Mark Fisher
All businesses must find ways to effectively manage accounts receivable (AR) to stay financially viable. Days sales outstanding (DSO) is an age-old metric that’s used to help companies gauge how well they’re doing just that. As you probably already know too well, when DSO is too high, businesses can struggle with poor cash flow and unpaid debt, which means less liquidity for things like expansion and investment.
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Introducing Blockchain Certified Payments
Oct 26, 2016 by Erica Zeidenberg
Today Paystand, is introducing a completely new way for enterprise payments to leverage the blockchain. For the first time in the industry, Paystand customers have the option to certify and notarize payments on the blockchain (from payment requests & invoices to completed payment receipts) to ensure that the history of payments are secure, auditable, independently verifiable, and free of tampering.
Top 5 Cloud Software Offerings for B2B Companies
Mar 7, 2016 by Scott Campbell
In the old software model, a B2B company could expect a number of cash flow obstacles from software purchases. After they purchased computers for their employees, they would discover a purchase of Microsoft Office was also required. Later they would need to complete a full purchase of an accounting software. Perhaps they need two copies of an illustration software. This software may even require an IT tech to set them up. Each of these pieces of software may be used a lot at first, followed by not at all for a long stretch of time. This made it difficult to start a business. In today's software model, software can be "rented" as a cloud offering by the month. If the software is not used or not needed, the "rent" can simply be terminated, usually without any penalty. Here are the top 5 cloud offerings that can save a lot of money.
Four Keys to Adding Payments to Your Software Platform
Feb 11, 2016 by Jeremy Almond
It’s been said that “software is eating the world” - and it’s true. Software platforms for businesses (aka B2B software platforms) are proliferating at an accelerating rate, serving a dizzying array of business needs including accounting, project management, time tracking, billing, CRM, and many others. Developers are racing to fill the needs, creating broad-based “generic” platforms as well as highly specialized tools that cater to the specific needs of particular industries. So whether a company sells organic beverages to corner groceries or horse feed for thoroughbreds, there are probably multiple tools available to help them to better manage their business. The abundance of tools creates an imperative for platform providers to continuously add new capabilities to deliver value to their users. Increasingly, B2B software platform providers are turning to payment services as a key area of innovation.