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Enforce policy, reconcile transactions, and sync real-time reports automatically. Powered by Teampay and part of the Paystand accounting automation platform. 

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Why Paystand is the Best Accounting Automation Software for Finance Teams

Ledger Book

Eliminate Manual Data Entry

Automatically reconcile transactions with the correct coding, receipts, and audit trails—no spreadsheets required.
Faster Payment Process

Enforce Policy by Default

Customizable workflows ensure every purchase follows your company rules before it hits your books.
Odometer for Payment Velocity

Real-Time Sync Across Systems

Two-way syncing updates all accounting records instantly in your ERP, ensuring accuracy at all times.
Ebook

Close Books Faster

Accelerate month-end close with up-to-the-minute transaction data and clean coding ready for reporting.
Bitcoin Pioneering Commercial Blockchain

Gain Full Spend Visibility

Track POs, invoices, and expense tracking in real time in one centralized dashboard for better financial control.
Audit Ready Compliance

Scale Without Complexity

Multi-entity, multi-currency, and project-level reporting and project management tools to coordinate complex initiatives built to adapt as your organization grows.

Automate the Work You Shouldn’t Be Doing Manually

From purchase order matching to bill pay, Paystand simplifies the most time-consuming and repetitive accounting tasks. Optical character recognition (OCR) scans invoice data, creates bills, and matches invoices to existing POs automatically. Every purchase is tied to a complete audit trail so you never have to chase down approvals or search through email threads.

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Policy Enforcement and Transaction Reconciliation Without the Spreadsheets

Every transaction complies with your rules by default. You can customize workflows to control spend by department, vendor, amount, and more. As purchases happen, they’re automatically reconciled with the right coding and receipts attached. No expense reports. No end-of-month surprises.

 

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Testimonials

"We count on Teampay to approve, issue virtual cards, code, collect receipts, track spending and reconcile data in real-time! It has proper controls and promotes efficiency, saving my team countless hours and boosting productivity across the board. This is one of the best investments we’ve made!"

Linh Doan

Controller at Zumper

Know Where You Stand Anytime

With automatic reconciliation and two-way syncing, your transaction data updates instantly across systems. Close your books faster with real-time insights, clean coding, and reliable audit trails. Your accounting team stays in control without chasing down missing details.

 

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Ready for Growth, Designed for Complexity

Whether you're managing multiple regions, business units, or currencies, Paystand adapts to your structure. With multi-entity support, project-level reporting, seamless integration, and scalable workflows, you can handle increasing complexity with ease.

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Frequently Asked Questions

1. What is accounting automation software?

Accounting automation software uses technology to handle repetitive accounting tasks such as transaction reconciliation, data entry, and invoice processing. This reduces errors, saves time, and improves accuracy.

2. How can accounting automation software benefit my business?

It reduces manual workload, speeds up month-end close, improves compliance, and provides real-time financial insights for better decision-making.

3. What ERPs does Paystand connect to?

Paystand integrates with leading ERPs such as Sage Intacct, Microsoft Dynamics 365, NetSuite, and more.

4. Can Paystand handle multi-entity accounting?

Yes, Paystand supports multi-entity, multi-currency, and complex organizational structures.

5. How quickly can I implement Paystand’s accounting automation software?

Implementation timelines vary depending on your ERP and workflows, but many customers go live within weeks.

Start Automating Your Accounting with Paystand’s Accounting Automation Software

Reduce errors, gain visibility, and close your books faster without disrupting your ERP.

Paystand is on a mission to create a more open financial system, starting with B2B payments. Using blockchain and cloud technology, we pioneered Payments-as-a-Service to digitize and automate your entire cash lifecycle. Our software makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue.

© Paystand, Inc. 2025. All Rights Reserved.