PAYSTAND BLOG

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

What is Payments-as-a-Service?

Payments-as-a-Service (PaaS) is a cloud-based approach to commercial payments pioneered by Paystand. Essentially, it moves your cash cycle into the cloud and helps you automate the back-office financial process from end to end. In addition to this, instead of charging customers fees based on transaction volume, subscribers only pay a flat monthly rate to Paystand's software.

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Eduardo Lopez Eduardo Lopez on December 2, 2019

Payments, payments-as-a-service, Digital Payment

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

Upgrade Your Team with a Digital Accounts Receivable Process

Is your accounts receivable process slowing you down?

Today, finance teams of all sizes are drowning in paperwork, manual tasks, and disparate data sources. These broken processes hold your team back by limiting capital efficiency and liquidity, and decrease your time, revenue, and efficiency. In fact, businesses can lose up to 25% of revenue from new sales due to poor billing and A/R processes.

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Eduardo Lopez Eduardo Lopez on November 18, 2019

Payments, Accounts Receivable, Digital Payment, automation

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

AFP 2019: Top 3 Takeaways for B2B Payments and Commercial Finance

Real-time payments, machine learning, decentralized ledgers – how do you sort through the hype and figure out what’s important in 2020? That's what this year's AFP Treasury and Finance Conference was all about. The event, which attracted more than 7,000 attendees, highlighted how technology is expected to continue disrupting accounting and finance. Read on for an insider’s recap of the event's top takeaways.

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Eduardo Lopez Eduardo Lopez on November 5, 2019

Payments, event, Digital Payment, automation, Company

The Attendee’s Guide to AFP 2019 (and 5 Reasons Why You Should Attend)

In just over three weeks, over 7,000 finance leaders will meet in Boston for this year’s AFP 2019 at the Boston Convention & Exhibition Center.

AFP is one of the most forward-thinking finance events of the year. Speakers from various industries come together to provide actionable advice on the trends and tools you should be focusing on for 2020 and beyond.

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Eduardo Lopez Eduardo Lopez on September 24, 2019

Payments, event, Digital Payment, automation, Company

4 Accounts Receivable Processes Every Controller Should Automate in 2020

Today’s world is highly automated, from the sales email in your inbox to the money that gets deposited in your bank account every two weeks.

Across every function from marketing to sales to HR and Support, automation has become a key to success. Now it’s time for finance teams to benefit from the cost savings, profit, and productivity that only automation can deliver.

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Eduardo Lopez Eduardo Lopez on September 17, 2019

Payments, Accounts Receivable, Digital Payment, automation

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