PAYSTAND LAUNCHES THE FIRST INDUSTRY-LEADING, SELF-DRIVING AR SOLUTION THAT PUTS THE CASH CYCLE ON AUTO-PILOT FOR FASTER, SIMPLER PAYMENTS
“Mid-size businesses are struggling to grow in the current inflationary environment, rife with economic and political uncertainty, and supply and cash constraints”
Paystand’s industry-leading AR solution enables fast, efficient, and profitable payments, delivering advanced features for accepting deposits for Quotes & Estimates, auto conversion of Quotes to Sales Orders, instant Cash Sales for Sales Orders, and AutoPay upon Fulfillment.
Paystand, the leader in blockchain-enabled B2B payments, and the maker of the fastest-growing and most innovative payment AR solution, today announces new automatic billing and payment features to provide a faster, simpler, and better customer and user experience. The new offerings work with Paystand’s current industry-leading AR solution to speed up time to cash, simplify complex billing processes, and eliminate transaction costs.
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The new Paystand features provide advanced functionality for accepting minimum deposits for Quotes & Estimates, automatic conversion of quotes to sales orders upon payment receipt, allows instant cash sales for sales orders, and efficient auto-payment at shipment, receipt, or fulfillment completion.
“Mid-size businesses are struggling to grow in the current inflationary environment, rife with economic and political uncertainty, and supply and cash constraints,” said Jeremy Almond, CEO, Paystand. “In order to thrive, they need a paradigm shift from human-centric AR processes to the next generation, self-driving AR that delivers instant and automated payments. The new solution builds on our core business payments network and allows AR teams to scale using automation, rather than adding to the size of their organization.”