Digital payments solutions provider
"This is a growing suite of enterprise-grade digital labor fully on-ramped from Day 1 so finance team members can spend their time focusing on growth," said Jeremy Almond, co-founder and CEO of Paystand. "These digital employees aren't AI bolted onto old payment infrastructure. They execute finance operations at internet speed, under the control of finance, because we made money itself programmable."
The Reporting Agent continuously analyzes accounts receivable, prioritizes the accounts most deserving of attention, explains why they matter and keeps cash forecasts current. The Spend Agent handles employee spend requests within Slack and Microsoft Teams by routing requests, applying purchasing and expense policies, capturing receipts, coding transactions and posting approved expenses to the ERP native accounts-payable objects—including bills, bill payments and expense reports—rather than generic journal entries. Finally, the Collections Agent researches customer payment behavior, prioritizes accounts by expected recovery and drafts personalized outreach, with each communication prepared for a team member to review before it is sent.
The Reporting Agent and Spend Agent are available now, with the Collections Agent, now in private beta, scheduled to arrive later this quarter. Finance teams determine which information an agent can access and which actions it may take. The Spend Agent can approve or block a request only against rules established by finance. The Collections Agent prepares outreach for human review before anything is sent. Agent activity is logged, while the resulting payment activity is recorded on Paystand's blockchain-based network.
"Agentic finance does not mean giving software unlimited authority," Almond said. "We start with documented work, set the guardrails and give every agent a human owner. Agents take on the repeatable work; people remain responsible for exceptions, judgment and results."
The AI components also enable the Smart Match AI feature, which reads remittance information from PDFs, email attachments and bank files to match ACH transfers, wire payments and partial payments to the correct invoices. It also enables Smart Check AI, which allows a payer to photograph a written check with a phone.
Paystand integrates natively with NetSuite, Sage Intacct, Microsoft Dynamics and Acumatica, so agents write into the accounting system directly — posting bills, bill payments and expense reports as native objects rather than generic journal entries. Businesses connect their existing bank accounts, ERP environments and approval processes to the network without replacing their financial infrastructure.
