Paystand Blog

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

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The Future of Payments is Here With the Paystand Bank Network

Jan 26, 2023 by Zazil Martinez

A significant indicator of business success is customer satisfaction. Companies can achieve it by listening and attending to their needs. One of these needs is offering different payment methods.

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Optimize Your Revenue with a Zero-Fee Payment Strategy

Jan 25, 2023 by Kelsey Banerjee

Credit card processing fees and other transaction costs cut deep into business revenue—in 2021 alone, U.S. merchants paid $137.83 billion in fees. And that’s just for accepting credit card payments.

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Myths & Facts About Credit Cards

Jan 24, 2023 by Sage Thee

For better or worse, we’ve accepted credit cards as a business necessity. But how much do we really know about them and their complicated processes and fees? Are there better options out there for B2B payments than credit cards?

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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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NetSuite Training for Accounting Professionals: What You Need to Know

Sep 9, 2022 by Kelsey Banerjee

With 95% of businesses improving their business operations with ERPs, it’s no surprise that more and more organizations are investing in the software, with NetSuite taking over 10% of the global market.

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Assessing the Health of your Accounts Receivable with NetSuite

Aug 29, 2022 by Sage Thee

Amidst economic uncertainty, record layoffs, and a looming recession, assessing the health of your AR is more crucial than ever. The current economic outlook is hardly optimistic, which is no surprise to business owners and financial professionals across the country. The disruption of the COVID-19 pandemic still casts a long shadow over how companies plan and provision, and many have yet to "return to normal" or have given up hope they ever will.

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What is NetSuite Certification? 6 Common Questions Answered

Aug 23, 2022 by Kelsey Banerjee

You’ve been using NetSuite for over a year now, maybe two. You feel you have a good grasp on this ERP — and you’re right. But do you know all the secrets and best practices of the platform?

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