Paystand Blog

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

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5 Financial Resolutions to Kickstart the New Year

Dec 6, 2023 by Zazil Martinez

Discover the essentials to thrive in the new year. From streamlining expenses to embracing digital payments, we provide actionable steps for success. Join us in securing a resilient financial future.

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Learning from Silicon Valley Bank's 2023 Mistakes

Nov 30, 2023 by Zazil Martinez

In the fast-paced world of finance, Silicon Valley Bank's collapse in 2023 sent shockwaves through the industry. In this retrospective, we will examine what caused the downfall, how it affected things, and what we can learn.

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7 Expert Invoicing Tips That Can Help You Get Paid Faster

Nov 28, 2023 by Zazil Martinez

Gear up for year-end by accelerating your invoice payments. Go digital with electronic invoices, automate collections, and offer early payment perks. Save time and improve cash flow with these expert tips.

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Knocking Down Barriers for a More Open and Equitable Financial Future

Jan 20, 2023 by Sage Thee

Here at Paystand, we believe that financial institutions have locked their customers into restrictive, expensive processes to collect and track revenue for far too long. These inefficient legacy operations result in time-consuming, costly, manual processes that cut into your bottom line.

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Growing With Paystand

Dec 16, 2022 by Sage Thee

It’s been an eventful and exciting year here at Paystand. We’ve been growing at an unprecedented rate, sprinting toward Unicorn Status and expanding our mission. Here’s a quick rundown of what we’ve been up to:

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Paystand’s 2022 New Feature Roundup

Nov 10, 2022 by Sage Thee

It’s been a year of exciting innovation here at Paystand, from our first-of-its-kind DeFi card we launched in March to our brand-new Next-Day Funds Availability feature. This guide will give you a comprehensive overview of each of our new features, as well as further resources to dig deeper.

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Paystand Named a Fastest-Growing Private Company by Silicon Valley Business Journal Two Years in a Row

Nov 2, 2022 by Sage Thee

SCOTTS VALLEY, Calif.--Nov. 2, 2022--Paystand – the fastest-growing, blockchain-enabled B2B payments network – today announces that the Silicon Valley Business Journal has named it one of its fastest-growing private companies. Paystand placed third for the second consecutive year. The company has grown 876% year-over-year for the past three years, doubling annual revenues every year it’s been in business.

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Paystand Network Now Makes Business Payments Available in One Day with Zero Fees

Oct 21, 2022 by Sage Thee

SCOTTS VALLEY, Calif., Oct. 21, 2022 -- Paystand, the leader in blockchain-enabled B2B payments, today announced that businesses can have access to their revenue next business day, and at zero cost by using the Paystand Network and the DeFi Corporate Card.

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Paystand Sponsors Sage Transform 2022, Unveils New Features for Sage Intacct Customers

Oct 10, 2022 by Gary Malhotra

SCOTTS VALLEY, Calif.--Oct. 11, 2022--Paystand – the fastest-growing, blockchain-enabled B2B payments platform – today announced its Gold sponsorship of Sage Transform, Sage’s premier event for the Sage Intacct community of customers and partners. Sage is holding the event from Oct. 10 to Oct. 14 in Orlando, Florida – bringing together finance leaders and visionaries from across the globe.

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Paystand Upgrades its Sage Intacct Integration, Helping Enterprise AR Teams Put Collections on Auto-Pilot and Accept Payments in a Flexible Manner

Oct 5, 2022 by Sage Thee

SCOTTS VALLEY, Calif.--Oct. 6, 2022--Paystand, the global leader in blockchain-enabled B2B payments, today announced a series of upgrades to its Sage Intacct integration. Paystand first unveiled its partnership with Sage in May 2021, expanding the reach of its Payments-as-a-Service model to Sage Intacct customers everywhere.

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Product Feature: Announcing Next-Day Funds Availability

Sep 27, 2022 by Allison Steitz

Paystand's mission is to reimagine financial infrastructure in an effort to drive radically better economics for businesses globally. We carry out this mission through products and services that speed up time to cash, automate complicated billing processes, and eliminate transaction fees.

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Paystand Announces SuiteWorld 2022 Gold Sponsorship

Sep 27, 2022 by Sage Thee

SCOTTS VALLEY, CALIF., SEP 27, 2022 – Paystand today announced it will be a Gold sponsor at SuiteWorld 2022, Oracle NetSuite’s largest celebration for customers and partners that takes place September 27-30, 2022, at the Caesars Forum in Las Vegas & On Air. This year's theme is “Full Suite Ahead,” with the conference promising four energy-packed days filled with networking opportunities and educational programming that will help NetSuite customers, partners, and developers discover new ways to leverage the full power of the suite.

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Growing in a Bear Market: Hope and Opportunity Despite the Looming Recession

Sep 13, 2022 by Sage Thee

Amidst economic uncertainty, record layoffs, crypto market turmoil, and a looming recession, the current economic outlook is hardly optimistic. We're here, however, to offer some hope and shed some light on the opportunities just waiting for you to reach out and grab them.

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"Since working with Paystand, we’ve saved almost 20 hours of work a week."

See how Motorola reduced costs by 16%.
SOFIA MITCHELL

Accounting Analyst

"Real-time updates and analytics have made it easier to forecast and budget cash flow."

See how Thumbtack reduced their DSO by 40%
CHAD BELLO

Revenue Accounting Manager

“We found Paystand so easy to use; their embedded payment links in our invoices are simple for customers. Our clients and vendors are no longer confused at the critical moment when they’re ready to pay.”

See how Allterra reduced their costs by 51%
JAMES ALLEN

CEO

"Paystand allows us to free up resources, reduce costs, and expedite payments with real-time posting of transactions. It gives us the ability to grow with confidence that our AR process is equipped to handle the pace of our business."

See how Covetrus decreased 98% in Per-Transaction Fees
KRISTEN PARISIEN

Controller, Global Prescription Management

“The Paystand platform has done exactly what we expected it to do. We’re thrilled that the results aligned with our expectations. We’re operating as a well-oiled machine.”

See how Choozle decreased 50% in late receivables
AJ HEFFERNAN

Director of Finance & Operations

“It’s almost creepy how easy Paystand makes my job. It’s unbelievable how automated it is. It’s been an even better experience than we anticipated. . . We just fully trust Paystand.”

See how Edgewood decreased 60% in transaction fees
JOHN DYBWAD

Vice President of Finance & Budget