Accounting & Finance Software Resources
Articles, Glossary Terms, and Discussions to expand your knowledge on Accounting & Finance Software
Resource pages are designed to give you a cross-section of information we have on specific categories. You'll find articles from our experts, feature definitions, and discussions from users like you.
Accounting & Finance Software Articles
What Is Net Working Capital? Formula, Components, and Limits
You have to spend money to make money. But spend too much money, and you might see red. That’s where your net working capital (NWC) comes in.
by Lauren Pope
Introducing the Recurring Revenue Finance Category on G2
On December 23rd, 2022, G2 launched its new Recurring Revenue Finance category, which falls under the Accounting & Finance parent category. G2 created this category to represent a more recent, evolved way for high-growth start-up SaaS companies to borrow money without losing a stake (equity or ownership) in their company.
by Nathan Calabrese
The Importance of Accounts Payable (AP) Automation
The phrase “time is money” has never been more true than it is now.
by Nathan Calabrese
Free Accounting and Tax Services Being Offered Due to COVID-19
During this worldwide crisis, no industry seems to be immune to the drastic economic downturn caused by COVID-19. Many companies are stepping up to assist their struggling customers, even if it means reconsidering their bottom line.
by Nathan Calabrese
Key Components of Accounting Automation
No matter how dry or stale people think accounting and finance is, these functions are vital to the health of any company. Felipe Torres, a financial analyst at G2, further explains that finance and accounting functions “...help us prepare for the future and drive strategies that ensure we're maximizing our potential.”
by Nathan Calabrese
What Is an Invoice? (+ Invoice Example)
There are several ways to write and send an invoice.
by Michael Gigante
What Are Retained Earnings? (+Formula to Calculate Earnings)
Running a business is all about numbers.
by Brynne Ramella
Accounting & Finance Software Glossary Terms
Accounting & Finance Software Discussions
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Question on: Paystand
What is a blockchain-based B2B payment platform?What is a blockchain-based B2B payment platform?
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At its core, blockchain is about trust and transparency; we use it for your finance team. Paystand uses blockchain technology to record payments immutably, creating a tamper-proof audit trail for every transaction. That means no more digging through paper trails or second-guessing the numbers. Every payment is verifiable, traceable, and secure, helping you confidently close the books. Plus, our blockchain-certified records bring a new level of assurance to audits and financial reporting.
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Question on: Paystand
How much money can you save with Paystand?How much money can you save with Paystand?
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Paystand helps businesses significantly reduce AR costs and speed up cash collection by eliminating traditional transaction fees through its network. Companies typically cut AR operating costs by over 50%, reduce DSO by up to 60%, and lower transaction costs by about 49%. High volume organizations often save $100K+ annually by moving away from credit card fees.
By enabling zero-fee, bank-to-bank payments, Paystand replaces standard 2.5% , 4% card processing fees and improves collection speed by up to 80%, reducing DSO by 30% to 70%.
Paystand uses a flat rate, subscription pricing model, allowing costs to scale down as payment volume increases.
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Question on: Paystand
How is Paystand different from traditional payment processors?How is Paystand different from traditional payment processors?
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Unlike traditional payment providers, Paystand uses subscription-based pricing and the Paystand Network: a free payment rail with no fees on bank-to-bank payments. You keep more of what you earn.
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