Paystand Blog

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

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How Blockchain is Transforming Accounting and Finance

May 31, 2023 by Zazil Martinez

As technology continues to shape our lives, one revolutionary solution has emerged to transform the way we record, verify, and audit financial transactions: blockchain. With its ability to introduce transparency and decentralized record-keeping, blockchain holds immense potential, particularly in accounting.

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The 6 Benefits of Real-Time Payments for You and Your Clients

May 30, 2023 by Kelsey Banerjee

Introducing the world of real-time payments, where speed, efficiency, and cost-effectiveness revolutionize business transactions. With instant processing and minimal fees, real-time payments offer seamless experiences in B2B transactions.

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How to Save Money on B2B Credit Card Processing Fees

May 26, 2023 by Brandon Jones

High credit card processing fees can significantly impact the profitability of B2B businesses, cutting into profit margins and harming competitiveness. However, effective and budget-friendly payment options can keep processing times short without triggering excessive fees.

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Moving from QuickBooks to NetSuite? 5 Best Practices for a Successful Migration

May 9, 2023 by Kelsey Banerjee

So, you've decided to migrate from QuickBooks Online to NetSuite. And why wouldn't you? As a growing business, using an ERP that fully supports your ever-expanding team is essential.

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9 Types of NetSuite Keyboard Shortcuts You Need to Know

Apr 4, 2023 by Kelsey Banerjee

You're in good company if you are an accounting professional with one of the 27,000 firms using Netsuite. And you already know how useful its system is. From adding shortcuts to your dashboard to automation integrations, there's always a new way to make the ERP more efficient for your team.

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What is NetSuite Certification? 6 Common Questions Answered

Feb 23, 2023 by Kelsey Banerjee

NetSuite certification helps you become an expert in this cloud-based ERP system. It offers a range of certifications for specific skills and areas of functionality. Businesses must ensure skills to use the system and identify experts who can provide support and training. It is an ongoing process that helps drive productivity, efficiency, and growth.

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5 Gaps in NetSuite Accounting (and How to Fill Them)

Dec 7, 2022 by Kelsey Banerjee

For many B2B organizations, Oracle NetSuite is the pinnacle of accounting and operations management software. It does everything.

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How to Set Up Custom Invoice Workflows in Paystand's SuiteApp

Nov 30, 2022 by Kelsey Banerjee

Empowering your NetSuite ERP with the ability to automate B2B payments is a big win for not just accounts receivables but the entire business. Invoice automation, in particular, removes a huge chunk of manual processes so that the finance team can focus on mission-critical tasks—all without sacrificing cash flow.

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The 10-Minute Guide to Reconciliation in NetSuite

Nov 29, 2022 by Kelsey Banerjee

Even after shifting from the manual reconciliation process to the NetSuite ERP, reconciling all transactions by hand before the month's close can be tedious.

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The Inside Scoop on our Dynamic Discounting App for NetSuite

Nov 4, 2022 by Sage Thee

What if there was a way to incentivize your clients to pay faster? Everyone from AR clerks to VPs of finance knows early access to cash is key to the survival of the enterprise. Unfortunately, many industries and buyers are known to be slow to pay, DSO feels unnecessarily lengthy, and businesses need more tools to speed up their time to cash. To put it bluntly, many AR departments feel they are officially “at the mercy” of payers and have little-to-no recourse in accelerating their payments to improve cash flow.

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5 More NetSuite Shortcuts You're Under-Utilizing

Oct 19, 2022 by Kelsey Banerjee

In the past, we’ve been over some amazingly useful NetSuite keyboard shortcuts—but there are always more tips and tricks to learn.

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Increasing Your Business’s Cash Velocity: the Antidote to B2B Inflation Woes

Oct 7, 2022 by Gary Malhotra

There’s no question that our current economic landscape is looking like it’s headed for a stark decline. With interest rates skyrocketing, a consumer price index rising steadily year-over-year, and the potential of an impending recession, it’s challenging to feel anything but uncertainty when it comes to the future of our financial system.

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What We Know So Far About NetSuite's New Features

Oct 5, 2022 by Kelsey Banerjee

Earlier in the year, we saw several sound updates from NetSuite’s first 2022 release, including new localizations, support for online donations, employee gender field enhancements, and more.

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