# What features does Paystand offer for businesses?

<p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true">What features does Paystand offer for businesses?</p>

##### Post Metadata
- Posted at: 3 months ago
- Net upvotes: 1


## Comments
### Comment 1

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&#39;s subscription-based &quot;Payment-as-a-Service&quot; 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.

##### Comment Metadata
- Posted at: about 2 months ago




## Related Product
[Paystand](https://www.g2.com/products/paystand/reviews)

## Related Category
[Enterprise Payment](https://www.g2.com/categories/enterprise-payment)

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