What Paystand does
Paystand is a B2B payments platform that runs accounts receivable, payables, expense management and cross-border payments on a network that moves money in USDb, its digital dollar for business. It is built for finance teams and CFOs, including those using ERP systems such as NetSuite, Sage Intacct, Dynamics 365, Acumatica and Xero. Named features include automatic reconciliation, collections automation, a payment portal, recurring payments, eCheck and ACH, a smart lockbox and AP automation. AI agents handle reporting with cash forecasts and at-risk account flags, spend policy and receipt chasing in Slack and Teams, and timed collections notices. Pricing is an annual subscription based on products, volume and integrations, with a flat platform fee for receivables.
How Paystand compares with its closest alternatives
1 of the 5 closest alternatives has a free plan; Paystand does not. Only Chaser AR Automation lists a starting price, $233 a month. All 5 offer an API, as Paystand does. Paystand offers a web app. Of the alternatives, all 5 offer a web app. Paystand was founded in 2013; the alternatives were founded between 2011 and 2021, 1 of them earlier. Paystand is based in Santa Cruz, United States; 3 of its 5 alternatives are in the United States too, and the others in the United Kingdom and India.