Paystand Enhances Microsoft Dynamics Support
Paystand, renowned as a leader in blockchain-enabled B2B payments, has announced significant advancements in support for Microsoft Dynamics products. This expansion includes seamless integration with both cloud and on-premises ERP solutions. By enhancing the experience for countless businesses utilizing these systems, Paystand is setting the stage for improved financial operations.
Integration with Microsoft Dynamics Products
Recently, Paystand implemented its integration with Microsoft Dynamics 365 Business Central. Now, this innovative payment platform extends its zero-fee automation functionalities to users of on-premises Microsoft Dynamics NAV, GP, SL, and AX systems. This integration aims to streamline manual Accounts Receivable (AR) processes, ultimately lowering days sales outstanding (DSO) and accelerating cash flow.
Transition for Microsoft GP Users
Although Microsoft will cease support for GP users by 2029, Paystand provides tailored solutions that facilitate a smooth transition for these customers. By implementing software that bridges both on-premises needs and cloud-based workflows, Paystand ensures that users have access to necessary features post-transition.
Empowering CFOs with Advanced Features
“Today, we are ensuring that more businesses can access the savings and quicker revenue offered through Paystand’s digital B2B payment capabilities,” remarked Allison Grieb, Chief Sales Officer of Paystand. By bringing a fully digitized payment flow to finance leaders who rely on Microsoft ERP products, including on-premises configurations, Paystand empowers organizations to compete more effectively while enhancing AR flexibility.
Features Available for On-Premises Users
On-premises Microsoft Dynamics users can now enjoy a suite of features designed to provide earlier and flexible payment options. Notable functionalities include:
- Payment scheduling options, allowing customers to choose convenient payment times.
- Custom payment portal setups for unique business needs.
- The capability to assess fees and provide incentives to encourage timely payments.
Innovative Features for Business Central Users
Users of Dynamics 365 Business Central are equipped with additional functionalities aimed at expediting cash flow:
- Global reminders and statements that keep customers informed and engaged.
- Adjustable customer receivable settings tailored to specific business requirements.
- Checkout deployment and autopay setups that enhance customer convenience.
Engaging with Paystand at Community Summit
Paystand will showcase these impressive capabilities at the upcoming Community Summit. Attendees can visit booth #338 to explore the solutions that enhance B2B payment experiences. This event marks an excellent opportunity for businesses looking to optimize their financial processes and learn more about leveraging technology for operational efficiency.
About Paystand
Paystand is dedicated to creating an open commercial finance system with a focus on a zero-fee network for B2B payments. As the largest network for B2B receivables, payables, and payments built on a commercial blockchain, Paystand provides opportunities for digitizing receivables, automating processes, and reducing transaction fees. The solutions are designed for a wide range of businesses in the U.S., LATAM, and Canada. For additional insights into Paystand's groundbreaking technology and offerings, visit paystand.com.
Frequently Asked Questions
What recent developments has Paystand introduced for Microsoft Dynamics?
Paystand has enhanced support for Microsoft Dynamics by integrating with both cloud and on-premises solutions, providing zero-fee automation features.
How does Paystand benefit Microsoft GP users?
Paystand offers tailored solutions to help Microsoft GP users transition smoothly to newer platforms as Microsoft phases out support.
What features can on-premises users expect from Paystand?
On-premises users will enjoy payment scheduling, customizable payment portals, and the ability to set fees and incentives for payments.
Where can businesses learn more about Paystand’s offerings?
Interested parties can visit Paystand's booth at the Community Summit or explore their website for comprehensive information.
What is Paystand's mission?
Paystand aims to revolutionize B2B payments by creating an open commercial finance system that eliminates transaction fees and streamlines receivables and payables.
