Paystand Blog

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

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5 Reasons to Move From QuickBooks to Sage Intacct

Jun 23, 2022 by Sage Thee

QuickBooks has served your needs since day one and still (mostly) gets the job done. So why move from something familiar and functional like QuickBooks to a next-level accounting solution like Sage Intacct? The reasons may be more compelling (and urgent) than you realize:

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5 Methods You Can Use to Reduce Late Payments

Jun 22, 2022 by Julia Duarte

In any industry, maintaining a steady cash flow is essential to running a business. When a company receives consistently late payments, day-to-day operations and overall progress slows down. By understanding why your customers are paying late, you can take steps to create an actionable plan to reduce your number of late payments and thrive as a business.

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Navigating Month End in Sage Intacct

Jun 17, 2022 by Sage Thee

We used to think of the month-end close as an obligation facing every accounting department— but that’s changing.

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It's The End Of Interchange As We Know It (And I Feel Fine)

Jun 9, 2021 by Mark Fisher

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” ― Buckminster Fuller

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What is the Paystand Bank Network?

Nov 13, 2019 by Eduardo Lopez

The Paystand Bank Network allows you to move money electronically without paying any transaction fees. Paystand covers over 90% of the US banking market and 98% of all commercial accounts, making it the most complete digital payment network available to businesses today.

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100,000 Thanks and A Look At Our Fintech Advisory Council

Oct 10, 2019 by Mark Fisher

Our mission at Paystand is pretty straight-forward (but certainly not easy): reboot the broken financial system. Since we started chipping away at this audacious goal nearly 5 years ago, we've built truly innovative technology, forged deep customer relationships, and most importantly, started a movement toward a more open financial system that provides businesses with greater control over their capital. Today, we’ve got a few updates on how we’ve been delivering against that mission. Since raising our Series A, we’ve quickly become the fastest growing commercial payments platform. Over 100,000 businesses are now paying through the Paystand Bank Network, eliminating millions of dollars in transaction fees.

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How much is it costing your business to accept paper checks?

Sep 4, 2019 by Eduardo Lopez

Paper checks are one of the most costly ways to collect payments, even though many businesses think getting paid by check is affordable compared to other methods. In 2021, 91% of organizations across the United States continued to receive checks — even though nearly as many understand the upfront costs and risks associated with this payment form.

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