B2B commercial blockchain payments provider to sponsor NetSuite’s annual user conference

Paystand today announced it is a Gold level sponsor of SuiteWorld 2023, Oracle NetSuite’s largest celebration for customers and partners taking place October 16-19, 2023 at the Caesars Forum in Las Vegas and On Air. This year’s theme is “SuiteUP” to help organizations learn how to accelerate their growth, improve productivity, and get deeper insights about their business with the unified data that NetSuite provides.

The event will celebrate NetSuite’s 25-year anniversary and feature four energy-packed days filled with learning opportunities and networking to help attendees discover how to leverage the full capabilities of NetSuite to improve their top and bottom line.

SuiteWorld will feature keynotes from NetSuite executives including Evan Goldberg, NetSuite founder and executive vice president, and Gary Wiessinger, senior vice president of NetSuite application development. The keynotes will unveil new product announcements and showcase how organizations are leveraging the power of NetSuite.

At SuiteWorld, Paystand will showcase its latest accounts receivable (AR) and accounts payable (AP) technology innovations based on its payments-as-a-service blockchain-based approach – including the latest AP solution that helps businesses in Latin America automate dispersions to suppliers. Attendees will have the opportunity to learn about Paystand’s SuiteApp that extends NetSuite’s robust solution for accounting and helps NetSuite customers optimize cash flow. On average, Paystand’s SuiteApp customers have seen a 62 percent decrease in days sales outstanding (DSO), $90,000 savings in labor costs, 51 percent overall cost savings, and 70 percent of the AR tasks automated.

“Industries including manufacturing, logistics, distribution, insurance, commercial real estate, and supply chain are increasingly prioritizing technology to help run their businesses better,” said Jeremy Almond, CEO and co-founder, Paystand. “The combined solutions of NetSuite and Paystand help these businesses increase productivity, scale their businesses, reduce costs, and ultimately generate more revenue.”

SuiteWorld will also include:

• Success stories from organizations that have used NetSuite to gain the visibility, control, and agility needed to adapt to changing market conditions and run their businesses better
• New announcements that leverage the latest technologies to help customers leverage the suite to realize their goals faster and more efficiently
• Strategy and technical sessions, including pre-event training, across NetSuite product areas and key business themes across different industries
• Networking opportunities with NetSuite partners, customers, executives, and product experts in the SuiteWorld Expo
• NetSuite TV, a live broadcast brought to in-person and On Air attendees from the SuiteWorld Expo floor featuring interviews with customers, executives, thought leaders, and more

To learn more, book time with us and visit us at SuiteWorld’s Expo Hall.

About SuiteWorld

SuiteWorld is the industry’s premier cloud ERP conference of the year being held at the Caesars Forum in Las Vegas and On Air on October 16-19, 2023. This annual celebration of NetSuite customers and partners features a gathering of industry peers and product experts who run organizations leveraging the power of NetSuite’s integrated business system. This year NetSuite is celebrating 25 years and is still focused on its mission to provide business leaders with a complete view into their businesses.

For registration and additional details, please visit www.netsuitesuiteworld.com. To join the SuiteWorld conversation on social media, please use #SuiteWorld.

About Paystand

Paystand is on a mission to create an open and equitable commercial finance system, starting with a zero-fee network for B2B payments. With its acquisition of the Mexico-based Yaydoo, Paystand has attained unicorn status and is the largest B2B receivables, payables and payments network running on a commercial blockchain. Paystand allows digitizing receivables, automating processing, reducing time-to-cash, eliminating transaction fees, and enabling new revenue. The AR/AP solutions are designed for both U.S. and LATAM businesses of all sizes. For more information about Paystand, visit us at paystand.com. Follow our blog, and connect with us on Twitter and LinkedIn.

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