PAYSTAND BLOG

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

How Does Paystand Automate the Accounts Receivable Process?

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.

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Eduardo Lopez Eduardo Lopez on November 22, 2019

Payments, e-invoicing, Accounts Receivable, automation, collections

Here's What You Can Do With Paystand's SuiteApp Features

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.

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Eduardo Lopez Eduardo Lopez on November 15, 2019

Payments, e-invoicing, netsuite, automation, collections

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 Scott Campbell on January 18, 2019

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

Introducing Blockchain Certified Payments

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.

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Erica Zeidenberg Erica Zeidenberg on October 26, 2016

Payments, B2B, e-billing, e-invoicing, blockchain, cloud

Ensuring You Get Paid: Business to Business Strategy for Steady Cash Flow

While you may be a billion dollar enterprise with a dedicated accounts receivable team, or you may be on your own as one of 54 million freelancers, it doesn’t necessarily mean that getting paid on time is easy. According to a study conducted by Censuswide, nearly 81% of businesses have received late payments despite having completed their work within the time agreed upon.

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Scott Campbell Scott Campbell on April 29, 2016

ACH, eCheck, electronic checks, B2B, e-invoicing

Top 5 Cloud Software Offerings for B2B Companies

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.

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Scott Campbell Scott Campbell on March 7, 2016

B2B, e-billing, e-invoicing, CRM, cloud, accounting, ERP

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