Paystand, the blockchain-enabled B2B payment network, has announced a new suite of Accounts Receivable (AR) and Accounts Payable (AP) tools designed to help businesses manage their full cycle treasury and to better optimise their cash flow under any set of market conditions:
Smart Treasury Management for AR: businesses can route their receivables automatically as they come in, directing the funds to the bank accounts they deem appropriate. By enabling deposit routing between unlimited banks and financial networks, CFOs can more easily diversify AR Deposits and Treasury Sweeping between multiple institutions and maximize the FDIC insurance benefits they offer.
