Teampay by Paystand’s Recognition in G2’s 2026 ERP Category Signals a Critical Market Evolution
The traditional definition of Enterprise Resource Planning (ERP) is undergoing a fundamental restructuring as finance leaders demand more than static historical records. Teampay by Paystand has secured a pivotal position on G2’s 2026 Best Software Awards, placing 26th out of 50 on the platform’s inaugural Best ERP Products list. This recognition serves as a bellwether for the industry, indicating that user expectations are shifting toward platforms that offer immediate visibility rather than just retrospective reporting.
By integrating with Paystand’s blockchain-powered B2B payments network, Teampay is effectively rewriting the rules of the financial technology stack. The platform’s inclusion in this category highlights a strategic convergence where accounts payable and receivable operate as a unified engine rather than siloed functions. This accolade, driven by authentic user data from the world’s largest software marketplace, validates the market’s appetite for a comprehensive financial operating system that bridges the gap between spend management and core ERP infrastructure.
Key Insights at a Glance
- Redefining ERP Utility: The inclusion of Teampay in G2’s ERP list signifies a market move from backward-looking systems of record to forward-looking systems of action.
- Closed-Loop Efficiency: Combining Teampay’s spend management with Paystand’s blockchain rails creates a unified cycle for money in and money out, reducing transaction friction.
- Validated by Data: Rankings are determined by verified data from G2’s 100 million annual buyers, ensuring the recognition reflects actual market utility rather than analyst sentiment.
- Automated Accuracy: New capabilities like automated receipt matching empower CFOs to shift focus from manual reconciliation to strategic forecasting and capital allocation.
The Limitations of Legacy Financial Infrastructure
For decades, ERP systems have functioned primarily as digital historians, excellent at recording what happened last quarter but often incapable of influencing what happens today. While these systems provide necessary compliance data, they frequently lack the agility required for modern commercial decision-making. Meridith Perry, General Manager of Teampay, notes that while ERPs excel at looking backward, thriving in the current climate requires tools that enable leaders to influence current and future outcomes. Finance teams often find themselves trapped in a cycle of reactive reporting, unable to access the real-time insights necessary to navigate volatile markets effectively.
The Strategic Agitation of Reactive Finance
When CFOs are forced to choose between control and efficiency, the organization suffers from data friction and operational blindness. How can a modern CFO effectively guide corporate strategy when they are waiting for a month-end close to understand the company’s true cash position? Without real-time visibility, cash forecasting becomes a guessing game, and working capital management relies on stale data. The manual burden of reconciling disparate transactions creates significant operational drag, leaving teams buried in spreadsheet adjustments rather than focusing on high-value analysis that drives growth.
Unifying AP and AR for Real-Time Control
Teampay by Paystand addresses these structural inefficiencies by delivering a unified AP and AR platform that functions as a cohesive ecosystem. By digitizing accounts receivable on blockchain-based rails and integrating proactive spend management, the system accelerates cash flow while significantly reducing transaction costs. The recent introduction of automated receipt matching exemplifies this shift, utilizing technology to match receipts to transactions behind the scenes, thereby eliminating manual errors and cleaning data streams automatically.
This approach transforms the finance function into a “financial operating system” that functions much like the human body’s central nervous system. Just as the nervous system processes signals instantly to protect and guide the body, this unified stack provides real-time tracking of employee and vendor spend alongside automated intelligent approvals. The result is a scalable infrastructure built for AI-driven automation, offering CFOs stronger cash forecasting and total visibility across the entire cash lifecycle.
Future Outlook
As buyer behavior shifts toward AI-driven research, the importance of “answer moment” credibility becomes paramount for software adoption. G2 CEO Godard Abel emphasizes that credible proof from authentic reviews is essential for the AI search platforms that modern buyers rely on. Teampay’s presence on the ERP list suggests a future where the distinction between transaction processing and strategic resource planning completely dissolves. Ultimately, the winners in the next era of fintech will be the platforms that empower leaders to see, control, and influence financial outcomes in real time.
About G2’s Best Software Awards
G2’s 2026 Best Software Awards feature dozens of award lists, ranking software vendors and products using G2’s proprietary algorithm. The results are based on G2’s verified user reviews and publicly available market presence data. To be eligible for the Best Software Awards, a software company or product must have received at least 10 approved reviews during the 2025 calendar year. Scores reflect only data from reviews submitted during this evaluation period.
To learn more, view G2’s 2026 Best Software Awards and read more about G2’s methodology.
About G2
G2 is the world’s largest and most trusted software marketplace. More than 100 million people annually — including employees at all Fortune 500 companies — use G2 to make smarter software decisions based on authentic peer reviews. Thousands of software and services companies of all sizes partner with G2 to build their reputation and grow their business — including Salesforce, HubSpot, Zoom, and Adobe. To learn more about where you go for software, visit www.g2.com and follow G2 on LinkedIn.
About Paystand
Paystand is the world’s leading blockchain-enabled B2B payments network, transforming commercial finance into a software-driven, fee-less, and open ecosystem. More than one million businesses use Paystand’s zero-fee, blockchain-powered AR and AP automation to move billions faster, more transparently, and without intermediaries. In addition to Bitwage, the company has acquired Yaydoo and Teampay since 2022 to round out its suite of CFO solutions. Its non-profit arm, Paystand.org aims to further financial inclusion through the use of Bitcoin and blockchain technology. Founded in 2013, Paystand is headquartered in Santa Cruz, Calif., with offices across North and Latin America. Visit www.paystand.com.
