Paystand Blog

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

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Issue #13: Blockchain as the Future of EIPP Software

May 3, 2021 by Daniella Bourguetts

Editor’s note: Hello! 2021 is proving to be quite the year for a financial revolution – and now, in the middle of Q2, most companies are still in the process of adjusting to the new, post-COVID era. 78% of finance professionals predict that all future accounting methods will be automated, and we're seeing these changes happen sooner rather than later. This month, we're covering the rise of EIPP, a software that is moving the B2B payments industry forward. Subscribe now.

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How to Evaluate Your Cash Flow Health

Apr 15, 2021 by Daniella Bourguetts

The way you measure your cash flow should always be tied to your business goals and operational needs. Every company has different needs, so it’s only natural that indicators in cash flow statements vary accordingly.

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Paystand Receives The Startup Weekly’s 2021 Financial Services & Insurance Companies to Watch Award

Apr 7, 2021 by Mark Fisher

We’re excited to announce that, on April 5, 2021, we received Startup Weekly’s Financial Services & Insurance Companies to Watch award – an honor reserved for businesses that showcased strong growth and excellence in 2020.

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Paystand Receives The Startup Weekly’s 2021 Financial Services & Insurance Companies to Watch Award

Apr 7, 2021 by Mark Fisher

We’re excited to announce that, on April 5, 2021, we received Startup Weekly’s Financial Services & Insurance Companies to Watch award – an honor reserved for businesses that showcased strong growth and excellence in 2020.

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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.

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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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Leadventure: Automating AR with Paystand for Sustained Growth

Jan 28, 2021 by Daniella Bourguetts

Leadventure is a SaaS website provider of digital marketing services for dealerships, OEMs, and resellers across 13 verticals, operating multiple subsidiaries that provide solutions to drive leads and in-store sales. With over 28,000 clients and services that range from website management to marketing tools and eCatalogs, LeadVenture has formed relationships with some of the largest manufacturers in the industry.

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4 Common Accounts Receivable Challenges and How To Solve Them

Jan 14, 2021 by Daniella Bourguetts

Most companies have an accounts receivable policy for when to bill, how much to bill, and when to collect. But research shows that not all businesses execute that policy effectively — the average US business has 24% of monthly revenue tied up in overdue invoices.

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3 Reasons to Consider an AR Automation Tool in Your 2021 Budget

Dec 15, 2020 by Daniella Bourguetts

For most CFOs, the COVID-19 crises caused a shift in priorities, leaning towards employee safety, and cutting down expenses in order to survive the unexpected economic shock that unfolded. In this environment, the careful planning and demands of building a budget for 2021 became more than routine exercise. Instead, it became a strategic imperative.

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A Quick Guide to Accounts Receivable Automation

Dec 3, 2020 by Daniella Bourguetts

Accounts Receivable Management is the cornerstone of a steady and healthy cashflow, keeping your business in a better position to drive growth, operate better, and optimize your team's time and resources.

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3 Ways Paystand Optimizes Your NetSuite Payment Process

Nov 24, 2020 by Daniella Bourguetts

Paystand's Built-for-NetSuite SuiteApp has become one of the most potent payment integrations available for NetSuite users. It allows you to accept multiple payment options and streamlines the collection process to reduce payment delays and time spent on manual data entry, remittance matching, and reconciliation.

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What payment methods should B2B businesses accept?

Oct 27, 2020 by Daniella Bourguetts

Over the past decade, payment methods have evolved to support different consumer and business needs.

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How Visa Interchange Rates Are Changing in 2020 and What That Means for Merchants

Sep 8, 2020 by Daniella Bourguetts

Earlier this year, Visa announced the biggest change to its interchange rates in 10 years. Under the new restructuring, credit card processing fees are either going up or down depending on your company's merchant category and how your customers swipe their card. This could have a huge impact on any business that has been hit hard by the pandemic.

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