About Paystand
Paystand is a B2B payments and automation platform positioned around modernizing both accounts receivable and accounts payable. Paystand’s website emphasizes cost reduction, faster cash flow, and “zero-fee” payments within its network, plus measurable improvements like a claimed 40% reduction in DSO. The platform is structured around payments, billing/receivables workflows, a bank network, and ERP integrations, making it relevant when finance teams want to connect payment execution to AR/AP operations. Key capabilities: • AR automation and receivables workflows AP automation (as marketed) B2B payment acceptance and execution Bank network / fee model positioning (as marketed) ERP integrations for finance operations Best for: finance teams modernizing AR collections and B2B payments.
Paystand Details
Paystand's In-App Market Place
Does Paystand have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
3
Mini Apps
Paystand Bank Network
Smart Lockbox
eCheck and ACH
Pricing Options
Accepted Payment Currencies
Usd ($)
Pros & Cons
- • Blockchain Technology: Provides enhanced security and transparency in payment processing.
- • Automated Payment Collection: Reduces administrative overhead and streamlines billing processes.
- • Integration Capabilities: Seamlessly integrates with major ERP systems to optimize financial workflows.
- • Customer Portal: Offers a self-service portal for customers to manage their invoices and payments.
- • Flexible Payment Methods: Supports multiple payment methods, including ACH and credit card payments.
- • Limited Currency Support: Primarily supports USD, which may not be ideal for businesses with international operations.
- • Language Support: Available mainly in English, potentially limiting use for non-English speaking users.
- • No In-App Marketplace: Lack of an in-app marketplace could limit customization options.
- • Complex Pricing Structure: Pricing details are not transparent, requiring direct contact for information.
- • Geographic Limitations: Primarily serves the U.S. market, with limited availability or support in other regions.
Paystand's Support Options
Documentation
https://www.paystand.com/resources/whitepapersChatbot
Available