Letter from the CEO: Reasons for Optimism during the Tariff Tizzy
Last week, as I watched the market and our customers respond to new tariff policies (and pauses), I knew we had to do our part to help the real economy continue to navigate short-term turbulence on its way to long-term opportunity.
I am proud of the Paystand team’s response to my challenge to introduce Smart Controls, a tool that will allow companies to take control of their margins. While this is just one step, it's an important one for Paystand as we do our part to propagate a new era in U.S. industry.
Despite the macroeconomic uncertainty, I see clear signals of strength beneath the noise. As a company, we have been trusted to process more than $10 billion in U.S. payments on our B2B Payment Network, or approximately 2% of all annual B2B account-to-account transactions—we get to see a slice of the economy. I am also privileged to speak with CEOs, CFOs, and Investors, and what I am witnessing is a surge in capital reinvestment, domestic manufacturing, and supply chain modernization within our customer base. In summary, reasons to be optimistic for the reindustrialization of the US economy.
Many Paystand customers are doubling down on production, tooling up, and embracing ‘Made in America’ strategies. My takeaway?
Volatility won’t kill growth—it’s just changed the rules of engagement. And those companies with modern financial infrastructure are leading the way.
As input costs rise and uncertainty persists, businesses need a reliable partner to help them forecast cash flow and ensure consistent profitability. I am more enthusiastic than ever that Paystand’s decentralized network, suite of financial tools and solutions are uniquely positioned to support companies through these challenges to a prosperous future.
Our mission to achieve radically better economics for our customers marches on!
Jeremy Almond