Teampay by Paystand Breaks Into G2’s inaugural ERP Awards, Landing at #26 in a 50‑company field
G2, the peer‑review marketplace that powers buying decisions for more than 100 million technology purchasers each year, released its 2026 Best Software Awards this week. For the first time, the firm introduced a dedicated ERP category, ranking 50 products based on verified user feedback. Teampay, operating under the Paystand umbrella, secured the 26th spot on the list.
The placement reflects G2’s methodology: products are evaluated on criteria such as customer satisfaction, market presence, and feature set, all derived from authentic, time‑stamped reviews. By cracking the top‑half of the inaugural list, Teampay signals that its spend‑management and receipt‑automation capabilities are resonating with finance teams that traditionally rely on legacy ERP suites.
Why the ERP category matters now
Enterprise Resource Planning systems have long been the backbone of corporate finance, but they are often criticized for being retrospective—focused on recording past transactions rather than enabling proactive decision‑making. The emergence of a G2 ERP category underscores a market appetite for solutions that complement or extend core ERP functionality with forward‑looking tools.
“ERP systems are great at looking backward, but thriving today requires more,” said Meridith Perry, General Manager of Teampay. “Being recognized in G2’s first ERP category signals a shift toward enabling CFOs to see and influence what’s happening now and what’s happening next.” Perry’s comment captures a broader industry trend: CFOs are demanding platforms that blend spend control, real‑time data, and predictive insights, moving beyond the static reporting models of classic ERP.
The technology behind the recognition
Teampay’s core proposition rests on a blockchain‑powered B2B payments network that promises lower transaction fees and faster settlement. In parallel, Paystand’s accounts‑receivable (AR) solution automates invoice processing on distributed ledger technology, delivering near‑instant cash flow for sellers.
The two products converge in a unified finance stack that covers both accounts payable (AP) and AR. Recent enhancements include automated receipt matching, which cross‑references uploaded receipts with transaction data behind the scenes. According to the company, this feature trims expense‑reporting cycles, reduces manual entry errors, and delivers cleaner data sets for downstream analytics.
“When you combine proactive spend management with modern AR innovation, you move toward a true financial operating system,” Perry added. “CFOs shouldn’t have to choose between control and efficiency; they should have both, in real time.” The statement highlights a strategic ambition: to replace siloed AP and AR workflows with a single, end‑to‑end platform that offers continuous visibility across the cash lifecycle.
Market implications for finance teams
The integration of blockchain‑based AR with AI‑enhanced AP tools creates a closed‑loop environment where money inflows and outflows are reconciled automatically. For finance departments, this translates into fewer manual reconciliations, reduced risk of duplicate payments, and more accurate working‑capital forecasts.
“Together, they create a closed‑loop system for money in and money out: faster collections, smarter spending, lower transaction costs, and cleaner data,” the press release noted. The practical upshot for CFOs is a tighter grip on liquidity and the ability to model cash scenarios with higher confidence—a critical advantage in an environment where interest rates are volatile and supply‑chain disruptions remain common.
How G2’s awards influence buyer behavior
G2’s Best Software Awards are built on a foundation of verified user reviews, which AI‑driven search engines increasingly reference when surfacing product recommendations. Godot Abel, co‑founder and CEO of G2, explained the significance of the “answer moment” in modern procurement.
“As buyers increasingly shift to AI‑driven research to discover software solutions, being recommended in the ‘answer moment’ must be earned with credible proof,” Abel said. “Our Best Software Awards are grounded in trusted data from authentic customer reviews. They not only give buyers an objective, reliable guide to the products that help teams do their best work, but they’re also the proof AI search platforms rely on when sourcing answers. Congratulations to this year’s winners, including Teampay by Paystand.”
Abel’s remarks underscore that a G2 ranking can act as a shortcut for enterprises navigating a crowded fintech landscape. When a platform like Teampay appears in top‑tier results, procurement officers and CFOs are more likely to consider it alongside traditional ERP vendors.
Competitive positioning in the fintech arena
Teampay’s ascent into the ERP rankings pits it against entrenched players such as SAP, Oracle, and Microsoft Dynamics, as well as newer cloud‑native challengers like Workday and NetSuite. While those incumbents dominate core ERP functionality, Teampay differentiates itself through its focus on spend governance, receipt automation, and blockchain‑enabled settlement.
The company’s approach aligns with a broader fintech wave that emphasizes modular, best‑of‑breed solutions over monolithic suites. By offering an AP/AR overlay that can integrate with existing ERP systems, Teampay positions itself as a value‑add layer rather than a direct replacement—a strategy that may appeal to enterprises reluctant to overhaul their entire ERP stack.
The role of AI and automation
Artificial intelligence is woven throughout Teampay’s product roadmap. The receipt‑matching engine leverages machine learning models to identify line‑item similarities, while the broader spend‑management platform uses predictive analytics to flag anomalous purchases before they occur.
These capabilities are not merely technical niceties; they address a core pain point for finance teams: the need for real‑time, actionable insights. As CFOs confront increasingly complex global supply chains and tighter regulatory scrutiny, the ability to surface risk indicators instantly can be a decisive competitive advantage.
Outlook for unified finance platforms
The recognition of Teampay by G2 suggests that the market is ready for finance solutions that blur the line between traditional ERP and specialized fintech tools. As blockchain adoption matures and AI models become more accurate, we can expect a proliferation of platforms that promise end‑to‑end cash management with minimal manual intervention.
For enterprises, the key takeaway is the growing importance of evaluating not just the functional breadth of an ERP system, but also its ability to integrate seamlessly with next‑generation spend‑management and settlement technologies. The G2 award serves as a validation point for finance leaders seeking to modernize their tech stack without sacrificing the reliability that legacy ERP systems have historically provided.
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