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.
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Paystand CEO, Jeremy Almond, accepted into Forbes Finance Council
Oct 19, 2016 by Erica Zeidenberg
Jeremy Almond, cofounder & CEO at Paystand, has been accepted into the Forbes Finance Council, an invitation-only community for senior executives in accounting, financial planning & investment, wealth & asset management, and financial firms.
5 Smart B2B eCommerce Strategies For 2018
May 18, 2016 by Scott Campbell
Frost and Sullivan predicts that B2B eCommerce sales will reach $12 trillion by 2020. That's up about 400% from the $5.5 trillion spent in 2012. That kind of growth offers a great opportunity for businesses in the B2B space. However, it also opens up the potential for significant competition. Here are 3 strategies that B2B companies should employ in 2018:
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.
The Top 6 Excuses A/R Staff Hear for Late Customer Payments (and what to do about them)
Jul 7, 2015 by Kenzie Earle
As the fiscal year for many businesses draws to a close at the end of July, a collective “argh!” can be heard from accounts receivable departments as they try to collect on late customer payments and close out their books. Anyone who has worked for a B2B company has experienced the frustration of waiting for a check in the mail for a long-overdue invoice. Often, it’s the biggest and most established business customers who draw the process out the longest, optimizing their cash flow because they can (and jeopardizing yours in the process).