PayStand, a blockchain-enabled B2B payment company, has announced many enhancements to its Sage Intacct integration to boost cash velocity and provide more automation, according to a press release.
The improvements include a virtual terminal, multiple invoices, automated collections, support for several merchant organizations, autopay, and other features.
Launched in May 2021, the PayStand and Sage partnership provided clients with methods to create embedded payment alternatives, enhance cash flow, and automate cash applications, among other things.
According to Jeremy Almond, CEO of PayStand, “Paystand’s main goal is to assist finance professionals using Sage Intacct to boost their cash velocity through the use of next-generation B2B payment solutions.” “As we enter a period of economic instability and inflation.”
Our Sage Intacct link has been improved, “allowing us to empower finance teams to walk into the future of B2B payments—one that is cashless, feeless, and frictionless.”
According to Melody Williams, who oversees business development for Sage Intacct, the automation of billing, payments, and reconciliation will accelerate time to cash and decrease transaction costs through the integration of AR and payments.
Sage Intacct recently partnered with Transcard’s payments and data technology platform to connect the latter company’s SMART Hub payment system.
