Paystand
Paystand is revolutionizing B2B payments with a modern SaaS and blockchain infrastructure, offering a zero-fee payment rail and comprehensive automation solutions.
Company Overview
Paystand is transforming B2B payments by leveraging SaaS and blockchain technology. By offering a zero-fee payment rail through its proprietary Paystand Bank Network, Paystand automates the entire cash cycle, including invoicing, dunning, reconciliation, and month-end processes. Their solutions aim to streamline accounts receivable and provide frictionless, real-time payment options for businesses.
B2B Payment Solutions
Paystand offers comprehensive B2B payment tools designed to accelerate time-to-cash, minimize fraud and chargebacks, and enhance the payer experience. These solutions include eCheck and ACH processing, Tokenization and Fund-on-File, Payment Portal, Data Insights and Intelligence, and Enterprise Match. Paystand's technology simplifies the cash cycle by automating invoicing, collections, and reconciliations.
Industries Served
Paystand caters to a variety of industries including construction, food and beverage, insurance, manufacturing, medical suppliers, and renewables and environment. Their tailored solutions help these sectors automate accounts receivable, power software marketplaces, and connect to powerful APIs for customized payment infrastructure, thereby enhancing business efficiency and reducing operational costs.
ERP and Order Management System Integrations
Paystand integrates seamlessly with major ERP and order management systems such as NetSuite, Sage Intacct, Dynamics 365, Acumatica, Magento, WooCommerce, and Xero. These integrations enable businesses to streamline their financial processes with end-to-end payment functionality and improve overall operational efficiency.
Paystand Spend Card
The Paystand Spend Card offers businesses flexible solutions for managing expenses. It provides both virtual and physical card provisioning, comprehensive spend controls, and real-time expense tracking. This tool is designed to enhance financial oversight and streamline the management of business-related expenditures.
Advanced Features
Paystand's advanced features include the Smart Lockbox for automated collections, a Payment Portal for simplified payer experience, and Enterprise Match for automated invoice matching within NetSuite. Additionally, their eCheck payment processing allows businesses to accept eChecks at a fraction of the cost of credit cards, with instant funds verification.