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 accounting systems does Paystand integrate with?What accounting systems does Paystand integrate with?
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Paystand natively integrates with NetSuite, Sage Intacct, Microsoft Dynamics 365, and Acumatica, for seamless AR automation. In case your ERP isn’t supported, Paystand offers open APIs and custom integration options. We regularly expand our ecosystem and can scope new connections for your business.
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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
What features does Paystand offer for businesses?What features does Paystand offer for businesses?
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Paystand offers businesses an end-to-end financial suite that automates accounts receivable (AR) , eliminates transaction fees on its bank-to-bank network, and provides full reconciliation with your ERP. Key features include:
Zero-fee B2B payments: Paystand's subscription-based "Payment-as-a-Service" model allows companies to eliminate per-transaction fees by directing customers toward fee-free bank transfers on its blockchain-enabled network.
Accounts receivable (AR) automation: This feature digitizes and streamlines invoicing, automated payment reminders, and cash application, which helps reduce Days Sales Outstanding (DSO).
Branded and self-service payment portals: Businesses can create customized, white-labeled portals for customers to view and pay invoices, speeding up collections and improving the payer experience.
ERP and accounting integrations: The platform integrates with major systems like NetSuite, Sage Intacct, Microsoft Dynamics, and others, ensuring seamless data synchronization and automated reconciliation.
Incentives for payment methods: Businesses can set incentives like early-pay discounts or convenience fees to encourage customers to use more profitable digital payment methods over costly credit cards.
Next-day funds availability: Companies on the Paystand network can access their funds faster, often within one business day, which provides better cash flow visibility.
Data and analytics: The platform provides real-time dashboards for full visibility into accounts receivable aging, cash flow, and payment statuses.
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