Paystand, a global leader in blockchain-powered B2B payments, has announced the expansion of its support for Microsoft Dynamics ERP products. The company revealed these new capabilities ahead of the highly anticipated Community Summit, set to take place October 13-17 in San Antonio, Texas. This announcement marks a significant development for businesses relying on Microsoft’s on-premises ERP systems.
Integration for More Microsoft ERP Users
Previously integrated with Microsoft Dynamics 365 Business Central, Paystand now extends its zero-fee payment automation to on-premises ERP products, including Dynamics NAV, GP, SL, and AX. This enhancement will allow companies to streamline their accounts receivable (AR) processes, reduce days sales outstanding (DSO), and accelerate cash flow. Even as Microsoft phases out GP support by 2029, Paystand’s solutions ensure a seamless transition for users.
Innovative Payment Features
The new integration brings an array of payment automation features, including:
- Payment scheduling and portals
- Fees and incentives assessment tools
- Customer payment flexibility
These features offer Microsoft ERP users increased AR flexibility, enabling businesses to compete more effectively.
Paystand’s Vision for Digital Payments
“Today, we are enabling more businesses to benefit from digital B2B payment solutions,” said Allison Grieb, Chief Sales Officer of Paystand. “By integrating with all Microsoft ERP products, including on-premises systems, CFOs can now access quicker, more flexible AR processes.”
Those attending Community Summit 2024 can learn more by visiting Paystand at booth #338.
About PayStand
Paystand is revolutionizing commercial finance with its blockchain-based B2B payment network. It authorizes businesses to digitize payments, automate AR/AP processes, and eliminate transaction fees, driving efficiency and revenue.
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