Paystand – the leader in blockchain-enabled B2B payments – today announced its Gold sponsorship of Sage Transform, the premier event for the Sage community that will be held in Las Vegas, Nevada, from November 8th to 12th at the Venetian Resort. As the #1 customer-rated cloud-based financial management platform, Sage Intacct delivers cutting edge solutions to finance teams, and Sage Transform is slated to bring together industry veterans for sponsor exhibits, theater presentations, and networking events that will illuminate what’s next for leaders across the ERP industry.

At the conference, Paystand will be hosting live demos at Booth #111, demonstrating how its industry-leading, zero-fee payment network automates manual AR processes, eliminates transaction fees, and speeds up time to cash for businesses. Paystand’s CEO, Jeremy Almond, and Paystand’s CFO, Scott Bennion, will be speaking on the future of B2B payments and will be revealing how DeFi and web3 technology will be shaping the way businesses transact with one another over the next decade and beyond.

“ERP systems are the gateway to next-gen payment technology that had previously been unavailable in the B2B sphere, and Paystand’s Sage Intacct integration is turnkey for finance teams that want to win in the 2020s,” said Jeremy Almond, Paystand’s CEO. “As blockchain continues to become more widespread, it is critical for businesses to understand how they can use this revolutionary technology to their advantage – namely, how they can harness it to superpower finance teams with tools that turn the cash cycle into a self-driving money experience.”

After unveiling its partnership with Sage in May of 2021, Paystand will be debuting its new marketplace solution with never-before-seen functionality at Sage Transform. Now, Sage Intacct customers will be able to enhance their ERP experience with these new features:

• Payer incentives: Offer convenience fees or discounts on top of payment rails in the checkout process in order to encourage your customers to move off of credit cards and their punitive transaction fees.
• Autopay: Schedule a payment with payer approval, which will be debited from the payer's account at a preset date.
• Multi-entity: Ensure that payments are channeled to the correct subsidiary’s bank account when you’re dealing with multiple subsidiaries.
• Refunds: Initiate full or partial refunds and automatically reconcile them directly from within Sage Intacct.
• Virtual terminal: Make a one-time payment on a payer’s behalf by entering payment details or using an existing fund on file.
• Open statements and multi-invoice: Send open invoices to payers through a single email, giving payers the ability to choose which invoices to pay and to complete a single checkout for those invoices.
• Collections automation: Build collection plans and schedule auto-emails with embedded payment links
• Deposit Reconciliation: Mark the payment in Sage as deposited when the money hits the bank account

To learn more about Paystand’s Sage Intacct integration, visit the Paystand-Sage resource center or watch Paystand’s webinar on automating payments in Sage Intacct.

About Paystand

Paystand is on a mission to create an open and equitable commercial finance system, starting with B2B payments. Using blockchain and cloud technology, the company has pioneered Payments-as-a-Service to automate the entire enterprise cash cycle. Paystand makes it possible to digitize receivables, automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue. Today, over 300,000 businesses make better payments over the Paystand’s zero-fee network, and the company has been consistently recognized as a top innovator in B2B DeFi. In 2021, Paystand was named to the Inc. 5000 List for the second year in a row and to the CB Insights Fintech 250 as one of the most promising privately held fintechs in the world. For more information about Paystand, visit us at paystand.com. Follow our blog, and connect with us on Twitter and LinkedIn.

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