Paystand

Paystand is a B2B payment platform that offers a suite of solutions designed to digitize and automate the entire cash cycle for businesses. They are known for their "Payments-as-a-Service" model, which eliminates transaction fees and replaces them with a flat monthly rate. Paystand's platform includes features such as automated invoicing, collections, reconciliation, and direct bank-to-bank transfers, all aimed at accelerating time-to-cash and reducing DSO. Their solutions integrate seamlessly with popular ERP systems like NetSuite, Sage Intacct, and Dynamics 365, offering a unified experience for managing and processing payments.

Paystand also leverages blockchain technology, specifically through their Assurety feature, to provide secure, certified, and auditable records of payments. This adds a layer of transparency and trust to B2B transactions, making it a valuable tool for industries with high-value assets or complex processes. The company is committed to creating a more open and efficient financial system, and their innovations have garnered recognition from leading publications and investors in Silicon Valley.

Paystand offers a flexible work environment. The company has an "About Us" page on their website that highlights their team's distributed nature and their commitment to providing a seamless and intuitive money experience for businesses. The page lists executives who have been part of Paystand's growth from early-stage ventures to public market IPOs, suggesting a company that values and supports remote work.

Paystand is on a mission to revolutionize the way businesses make and receive payments by creating a more open and efficient financial system. They aim to achieve this by eliminating transaction fees, automating the entire cash lifecycle, and providing businesses with a seamless and intuitive payment experience. Paystand's software leverages blockchain and cloud technology to digitize receivables, expedite processing, shorten time-to-cash, and unlock new revenue opportunities for their clients.

Paystand promotes a culture focused on innovation, collaboration, and a commitment to creating a more open financial system. The company values transparency, efficiency, and customer-centricity, reflected in its mission to eliminate transaction fees and digitize the cash cycle. This environment attracts and retains a team of FinTech visionaries and veterans who are passionate about building disruptive technology and driving growth.

Paystand's approach to diversity, equity, and inclusion is deeply rooted in its mission to create a more open financial system. They actively build a diverse and inclusive company culture by fostering a welcoming and supportive environment for employees from all backgrounds. Paystand champions diversity in leadership, ensuring representation across all levels of the organization. Their commitment to equity extends to providing equal opportunities and resources to all employees, while promoting a culture of inclusion where everyone feels valued, respected, and empowered.