Record verified
Paystand
Paystand is accounts receivable and B2B payments software that runs on its own payment network, with collections, automatic reconciliation and a customer payment portal. Its AI ranks accounts by risk and forecasts collections, builds collection plans from how each customer pays, and matches wires, ACH credits and partial payments to invoices. A Collections Agent that drafts outreach for human approval was in private beta in September 2026.
- SOC 2
- Type II
- Trains on customer data
- Unconfirmed
- Human review
- Human review
- Pricing
- Quote only
- Ledgers
- NetSuiteSage IntacctDynamics
What the AI does
- Reporting Agent (Atlas) risk-ranks accounts, flags which need attention and why, and keeps a 14-day cash forecast current; it is read-only
- Collections Automation sequences outreach based on how each customer pays
- Smart Match AI matches wires, ACH credits and partial payments to invoices wherever the remittance arrives
- Collections Agent (private beta as of September 2026) researches payment behavior, ranks accounts by expected recovery and drafts outreach for human review
Summarized from paystand.com.
Facts, checked against the source
- Category
- AR & collectionsSource: paystand.com (opens in a new tab)
- Built for
- Unconfirmed
- Ledger integrations
- NetSuite, Sage Intacct, Microsoft DynamicsAlso documents: Acumatica.Source: paystand.com (opens in a new tab)
- Pricing
- Not publishedThe vendor does not list prices publicly; pricing is by quote or sales contact.
- Free plan
- UnconfirmedPricing is not public or does not say.
- SOC 2
- Type IISource: paystand.com (opens in a new tab)
- Trains on customer data
- UnconfirmedPaystand's receivables page and its September 2026 agent announcement do not say whether customer data trains its AI models.
- Human review
- Human reviewPaystand says agents operate inside policies the customer defines, with an audit trail; its Reporting Agent is read-only and its Collections Agent drafts outreach that finance approves before sending. Smart Match reconciliation runs automatically, with the team handling exceptions.Source: paystand.com (opens in a new tab)
- Company
- Privately held
- Funding
- Last round: Series C, $50M, July 23, 2021Investors named: NewView Capital, SoftBank Opportunity Fund, King River Capital, Industrious Ventures, Transform Capital, DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures, Wildcat Ventures, Leap Global Partners, BlueRun VenturesSource: businesswire.com (opens in a new tab)
- Checked against the linked official source on the date shown.
- Unconfirmed: we could not find an official statement.
Funding rounds
| Announced | Round | Amount | Led by | Source |
|---|---|---|---|---|
| February 6, 2020 | Series B | $20M | Not named | businesswire.com |
| July 23, 2021 | Series C | $50M | NewView Capital | businesswire.com |
Sources
Official pages read for this listing on October 30, 2026. Vendors change their sites; if a page no longer says what we report, tell us and we will recheck it.
- paystand.com/receivables
- www.paystand.com/blog/meet-the-digital-employees-joining-the-paystand-network
- www.businesswire.com/news/home/20200206005332/en/Paystand-Raises-$20M-to-Give-Businesses-a-Frictionless-Open-Infrastructure-for-Commercial-Finance
- www.businesswire.com/news/home/20210723005100/en/Paystand-Raises-50M-Series-C-to-Build-the-Future-of-Commercial-Finance
- www.paystand.com/pricing
1 logged change to this listing, most recently October 30, 2026. See the changelog.
Paystand questions
- Does Paystand train AI on customer data?
- We could not find a published Paystand policy that says whether customer data is used to train AI models. Paystand's receivables page and its September 2026 agent announcement do not say whether customer data trains its AI models.
- Does Paystand have SOC 2?
- Paystand states that it holds a SOC 2 Type II report.
- Which accounting systems does Paystand integrate with?
- Paystand documents integrations with NetSuite, Sage Intacct and Microsoft Dynamics.
- How much does Paystand cost?
- Paystand does not publish prices; pricing is by quote.
- What are alternatives to Paystand?
- Other AR & collections tools in this directory include Billtrust, Chaser, Esker, HighRadius and Invoiced.